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Global Billing Operation

3 months ago


Bengaluru, Karnataka, India State Street Full time

Background:
State Street has a Global Billing Function under Controllership, responsible for client billing setup and invoicing across all business lines and geographies globally. It combines groups performing these activities globally, including centers 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 review client fee schedules for State Street's global businesses across countries & regions. They will facilitate the day-to-day production, review, and maintenance of fee schedules for global clients, including State Street Global Advisors' fee schedules.

Responsibilities:

Business As Usual (BAU) Activities:

• General responsibility for fee schedule activities like set-up, maintenance, and review

• Foster an independent 'owner's mindset' for efficient deliverables

• Measure, review, and assess performance towards goals

• Drive ongoing process improvements

Expectations:

• Bachelor's Degree in Finance with 8 to 10 years experience in fee invoices within global billing functions at financial institutions.

• Knowledge of billing methods for services such as Custody, Sub-custodian, trust services, out-pocket expense billing, and asset management.

• Experience in enhancing fee schedule functions across multiple geographies and business areas.

Skills required:

• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio) with advanced Excel skills

• Familiarity with billing systems and financial architecture

• Independent decision-making and thought leadership skills

• Strong attention to detail, problem-solving, and organizational skills

• Ability to work under pressure and manage multiple tasks efficiently
 Must thrive in a fast-paced environment