Global Billing Operations (“Global Billing”) is responsible for all of State Street’s client billing processes across the globe. The remit spans across Asset Servicing, Alpha, Global Markets, Global Advisors and the Digital division, covering over 50+ billing processes and 40+ legacy platforms. Global Billing is undergoing a multi-year transformation spanning people and operating model, processes and controls, data automation and technology.
State Street has established a Global Billing Function under Global Delivery, which is responsible for Billing Transformation, Client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities, and also includes centers residing in State Street Shared Service locations in India, Poland and China.
Job Purpose
State Street has committed to significantly automating and streamlining the technology and data associated to its varied billing processes. As part of this commitment,
there is a dedicated Billing Data team responsible for developing and implementing the appropriate strategy to migrate from legacy, manual processes to a highly automated workplace with more robust controls.
What you will be responsible for
- Work with various stakeholders to ensure quality data is sent to downstream applications including ORMB (within a controlled environment) for accurate and timely billing / invoicing.
- Work with various stakeholders to identify opportunities for reduction, conversion for manual data sources to automation in the Data Hub system.
- Partner with GBIC, Setup team, Fee Schedule Governance, Data sourcing team – for the conversion / on boarding of new clients and ensuring accurate and timely billing.
- Align with Global Billing Data Lead on prioritization (conversion, on boarding, and billing) and optimize the existing data sources.
- Promote risk excellence culture and looking at opp
📌 Global Billing (Bengaluru)
🏢 State Street
📍 Bengaluru
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