Billing Transformation – Product (ORMB) - Assistant Vice President

Functional Job Title             : Billing Transformation – Product (ORMB) -Assistant Vice President Reports to                                : BTP VP Department/ Division        : Global Delivery, Chennai Job Description: AVP – Product Management Why this role is important to us. Global Billing Operations (“GBO”) 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. GBO is undergoing a multi-year transformation spanning people and operating models, processes and controls, data automation and technology. State Street has established a Global Billing Function under Global Finance Center under Controllership, 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 Transformation organization responsible for developing and implementing the appropriate strategy to migrate from legacy, manual processes to a highly automated environment with more robust controls. A significant component of the Transformation team is located in Global Delivery and is responsible for several key areas of implementing the transformation efforts. AVP 2 (ORMB Product Management) – GD will be supporting Billing Transformation Product Owner(s), as the team implements billing transformation strategy across Client Set Up Application, Data Hub, and ORMB billing application. The person will be partnering with onshore product owner(s), developing business requirements (FSDs, BRDs and etc.), track, report progress, targets and outcomes linked to target state of product and applications. This role will be responsible for ensuring all product releases, toll gates within agreed timelines, automation, user acceptance testing of applications, system build out validation in line with the strategy and prioritization defined by the Head of Billing Transformation to achieve the goals of migration to the single, Oracle based billing platform (ORMB). What you will be responsible for Actively participate/contribute to Product workshops along with Product owner, Stakeholders and IT partners. Create user stories/Business requirements as needed and work with IT partners to scope those requirements for the future product releases and to document/track the backlog for future releases. Work with the product end user teams to identify pain points or tasks that can be automated to reduce the client onboarding/setup duration.