Title: Senior Associate - Fee Schedule Associate, Global Billing Function

Location: Bangalore

Background:

State Street has established a Global Billing Function responsible for client billing setup and invoicing across all business lines and geographies globally. This organization combines all groups performing these activities globally and includes centers in State Street Shared Service locations in Poland, India, and China. The Billing Organization manages 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 facilitate the day-to-day production and review of fee schedules for State Street’s global clients. They will also assist in the creation, maintenance, and review of State Street Global Advisors’ fee schedules.

Responsibilities:

Business As Usual (BAU) Activities:

- 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 4 to 6 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 in billing methods, such as Custody services, Sub custodian, trust services, and out-of-pocket expense billing, asset management, etc.

- 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, Excel 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 processes.

- 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.