Senior Billing Configuration Associate

Envestnet • Berwyn, PA

115d • Hybrid

About The Position

Envestnet is seeking a Senior Billing Configuration Associate to join our Platform Operations department. This is a hybrid role, with in-office work required at our Berwyn, PA office location. Envestnet is transforming the way financial advice is delivered through its connected technology, advanced insights, and asset management solutions - backed by industry-leading service and support. Since 1999, Envestnet has served the wealth management industry and today supports trillions in platform assets, serving over a hundred thousand financial advisors. The vast majority of the nation's leading banks, the largest wealth management and brokerage firms, and over 500 of the largest RIAs rely on Envestnet's wealth management platform and solutions to drive business growth, boost productivity, and deliver better financial outcomes for their clients. Envestnet's Strategy: Deliver the industry-leading wealth management platform, powered by advanced data and insights Leverage our scale and efficiencies to serve our clients' needs comprehensively Enable financial advisors to deliver more holistic advice - reflecting a more complete view of their clients' financial lives, and in a more connected environment.

Requirements

• Bachelor's degree in Finance or Accounting preferred.
• 2-5 years of experience in related field.
• Proficiency in MS Excel required (pivot tables & vlookups).
• Experience in the Financial Services industry preferred.
• Detail oriented with strong analytical and research skills.
• Experience working with and analyzing high volumes of data.
• Exposure to contracts preferred.
• Ability to collaborate and work well with a team, contributing to group projects and cross training efforts.
• Strong communication skills required.

Responsibilities

• Configure pricing setups for new firm pricing, existing firm pricing updates, new products coming onto the platform, existing product updates, default and proprietary custodian pricing, and license agreements.
• Review and understand contracts and execute configurations accordingly.
• Assist in internal training on correct procedures for pricing configuration and the submission of new pricing setups.
• Provide support to internal stakeholders regarding billing inquiries.
• Analyze fee rule data on a monthly basis; produce and deliver volume and accuracy reports to management.
• Improve internal operational efficiencies through code enhancements, in partnership with the Business Process Analyst group.
• Support time-sensitive updates to end-client proposals with fee changes.
• Assist in financial and SOX audits quarterly and annually.
• Apply knowledge of the compliance, audit, and legal regulations for fee rules and implement accordingly.
• Assist in the documentation of billing configuration procedures.
• Contribute to special projects as needed.
• Adhere to and apply Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested.

Benefits

• Health Benefits (Health/Dental/Vision)
• Paid Time Off (PTO) & Volunteer Time Off (VTO)
• 401K - Company Match
• Annual Bonus Incentives
• Parental Stipend
• Tuition Reimbursement
• Student Debt Program
• Charitable Match
• Wellness Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree