Network Management Cost Analyst, Assistant Vice President
About The Position
As Assistant Vice President, you will be an integral part of the Americas Network Management and Correspondent Banking team. This role involves close collaboration with strategic sub custody relationships within global custody services, focusing on operational excellence, financial performance, and regulatory compliance. You will also be responsible for providing data on the Balance of Trade between agents and State Street. This position is within the Institutional Services function, which aims to deliver a comprehensive and holistic approach to client relationships for asset managers, asset owners, insurance companies, and official institutions globally. The role emphasizes working collaboratively across client-facing functions to provide the best solutions and services.
Requirements
- Ability to collaborate externally with key sub custodians.
- Like change and innovation.
- Seek to see the bigger picture.
- Make data driven decisions.
- Be a good team player.
Nice To Haves
- Familiarity with sub custodian expense process and Out of Pocket Processing is advantageous.
Responsibilities
- Work directly with key custody vendors, including sub custodians and central securities depositories.
- Support network management expense budget and requirements with internal and external stakeholders.
- Contribute to executive-level service briefings.
- Ensure accurate and timely end to end invoice processing across complex custody arrangements.
- Resolve billing exceptions and support audit readiness efforts.
- Collaborate with operations and technology teams to enhance billing systems and reporting capabilities.
- Oversee the sub custody invoice process and team.
- Mentor junior staff members and contribute to talent development.
Benefits
- Retirement savings plan (401K) with company match
- Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- Access to our Employee Assistance Program
- Incentive compensation including eligibility for annual performance-based awards
- Eligibility for certain tax advantaged savings plans
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Vibrant employee networks
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
