Background:

State Street has established a Global Billing Function under Controllership, responsible for client billing setup and invoicing across all business lines and geographies globally. Organizationally, it combines all groups performing these activities globally, including centers in State Street Shared Service locations in Poland, India, and China. The Billing Organization owns aspects of business-as-usual activities within billing areas and drives process improvements and automation.

Basic Purpose of Job:

The Fee Schedule Associate will be responsible for certain aspects of the fee schedule process, including reviewing the client fee schedule setup for State Street global businesses across various countries and regions. The individual will be directly responsible for facilitating the day-to-day production and review of fee schedules for State Street’s global clients and for assisting in the creation, maintenance, and review of State Street Global Advisors’ fee schedules.

Responsibilities:

- General responsibility for particular fee schedule activities, such as fee schedule setup, maintenance, and review

- Adopt an “owner’s mindset,” work independently, and ensure efficient deliverables

- Measure, review, and assess performance and progress towards goals

- Responsible for ongoing process improvements

Expectations:

- Bachelor’s Degree in Finance with a minimum of 8 to 10 years of experience working with fee invoices in a global billing function at a large financial services institution

- Knowledge of various services and industry trends of billing methods for services like Custody services, Sub custodian, trust services, out-of-pocket expense billing, and asset management

- Demonstrated knowledge in improving the fee schedule function across multiple geographies and business areas

Skills required:

- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advanced levels of Excel (pivot tables, formulas, workbook maintenance best practices)

- Knowledge of billing systems

- Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups

- Independent decision-making capabilities, demonstrated thought leadership

- Pride of ownership with the ability to deliver high-quality results timely

- Self-motivated, self-assured, and self-managed

- Strong attention to detail

- Problem-solving skills

- Highly organized with the ability to multi-task and work under high-pressure deadlines

- Must be able to work in a fast-paced environment

For further information and to apply, please visit our website via the “Apply” button below.