Middle Office (Performance & Analytics) - Vice President

State Street; Mumbai; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

State Street in Mumbai seeks a Vice President for Middle Office Performance & Analytics to lead a global team handling performance measurement, PnL analysis, attribution, and client queries. The role acts as senior escalation point and drives governance, controls, and client confidence across performance deliverables.

The incumbent will partner with Performance Operations, Portfolio Managers, Accounting, Data, and Technology teams to ensure accuracy and consistency with client methodologies.

Qualifications

• 12-15 years in middle office performance or investment analytics.
• 3–5+ years in leadership or management roles.
• Experience handling client escalations with senior stakeholders.

Responsibilities

• Own end‑to‑end performance, attribution, and PnL oversight.
• Manage client queries and escalations with clear explanations.
• Strengthen controls, governance, and risk management.
• Lead a global, high‑performing team and build capability.
• Drive process transformation with technology and data partners.

Skills

Middle Office Performance

Attribution

Investment Analytics

Leadership

Client Escalation Management

Performance Measurement

PnL Analysis

Tools

PICASO

Job description

Role Summary

The Vice President – Middle Office Performance & Analytics will lead a global performance operations team responsible for performance measurement, PnL analysis, MIP reconciliation, attribution, and client performance queries. This role acts as the senior escalation point for complex performance-related issues, ensures methodological accuracy, and drives strong governance, controls, and client confidence across performance deliverables.

The role requires deep expertise in investment performance, attribution methodologies, PnL drivers , and the ability to partner closely with Performance Operations, Portfolio Managers, Accounting, Data, and Technology teams.

Key Responsibilities

Performance, Attribution & PnL Oversight

• Own end‑to‑end delivery of daily, monthly, and ad‑hoc performance calculations , including time‑weighted and money‑weighted returns.
• Oversee performance attribution (sector, security, duration, curve, spread, FX, derivatives) and ensure consistency with client‑agreed methodologies.
• Lead PnL analysis and MIP reconciliation , explaining drivers between accounting, performance, and investment views.
• Ensure accurate treatment of corporate actions, income, derivatives, bank loans, and financing impacts within performance.

Client Query & Escalation Management

• Act as the senior escalation point for complex performance, PnL, and attribution queries raised by PIMCO and internal stakeholders.
• Provide clear, concise, and defensible explanations of performance variances, methodology differences, and data issues.
• Partner with Client Service and Relationship teams to maintain high client confidence and SLA adherence.

Controls, Governance & Risk Management

• Own and strengthen control framework across performance production, validation, and dissemination.
• Ensure adherence to tolerance thresholds, outlier monitoring, and escalation protocols.
• Drive ICAMS‑ready root cause analysis , corrective actions, and preventive control enhancements for performance‑related incidents.
• Ensure compliance with client guidelines, internal policies, and industry best practices (e.g., GIPS‑aligned principles where applicable).

Team Leadership & Capability Building

• Lead and develop a high‑performing global team across performance calculation, attribution, and analytics.
• Set clear ownership, accountability, and quality standards across the team.
• Drive training, cross‑skilling, and SME‑led models to reduce key‑person dependency.
• Foster a strong culture of risk awareness, control discipline, and continuous improvement.

Process Improvement & Transformation

• Partner with Technology and Data teams to:
  • Reduce manual touchpoints in performance and PnL workflows
  • Improve early detection of performance outliers
  • Enhance tooling (e.g., PICASO‑based analysis, automation of reconciliations)
• Actively contribute to Middle Office transformation initiatives aligned with Alpha / IMS roadmaps.

Key Stakeholders

• PIMCO Performance Operations
• Portfolio Management & Investment Teams
• IMS Middle Office, Accounting, and Reconciliation teams
• Data, Pricing, and Technology partners
• Client Service and Relationship Management

Qualifications & Experience

• 12-15 years of experience in Middle Office Performance, Attribution, or Investment Analytics , with at least 3–5 years in a leadership role.
• Strong understanding of fixed income, derivatives, financing instruments, and bank loans.
• Proven experience managing client‑facing escalations and senior stakeholder interactions.
• Demonstrated ability to operate in a high‑control, high‑expectation client environment.

Success Measures

• Accuracy and timeliness of performance and attribution deliverables
• Reduction in repeat performance / PnL issues and client escalations
• Strong audit and risk outcomes
• Improved team capability, stability, and engagement
• Enhanced client confidence and experience

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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