Senior Market Data Analytics & Financial Ops AVP

State Street

Stamford (CT)

On-site

USD 80,000 - 140,000

Full time

4 days ago
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Benefits offered by this job

401K with company match
Health benefits

Job summary

State Street is seeking a detail-oriented professional to manage market data financial operations, including invoice reconciliation, spend reporting, and data governance within FITS. You will ensure accuracy of supplier, contract, and financial data and collaborate with Procurement, Finance, and vendors to drive transparency and efficiency.

The role emphasizes data analysis, process improvement, and end-to-end reconciliation, requiring strong Excel skills and the ability to manage multiple

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, Economics, Information Systems, or related field.
  • 5+ years of experience in Market Data, Procurement, Vendor Management, Financial Operations, Sourcing, Finance, or related discipline within the financial services industry.
  • Experience managing market data vendor invoices, contract reconciliation, spend reporting, financial governance, and operational controls.
  • Hands-on experience with Optimize Spend (FITS) or similar market data inventory, expense management, or procurement platforms.
  • Advanced proficiency in Microsoft Excel, including pivot tables, formulas, data analysis, and reporting. Experience with Access, Power BI, Tableau, or other reporting tools is preferred.
  • Proven ability to drive process improvements, automation initiatives, and operational efficiency programs.
  • Strong project management and organizational skills, with the ability to manage multiple priorities and deliver results in a deadline-driven environment.
  • Excellent verbal and written communication skills, with the ability to effectively present information to senior management and business stakeholders.
  • Strong attention to detail and a commitment to data accuracy, financial controls, and governance standards, while working independently and across global teams.

Responsibilities

  • Maintain supplier, contract, and market data records within Optimize Spend (FITS) to ensure data accuracy and completeness.
  • Perform data quality reviews of FITS records, identifying and resolving missing, inaccurate or outdated information.
  • Generate and analyze reports from FITS to support spend reporting.
  • Identify opportunities to improve FITS processes, reporting capabilities, and data management practices through automation and standardization.
  • Manage the end-to-end invoice reconciliation process, ensuring vendor invoices are validated against contractual terms and supporting documentation.
  • Maintain ownership of assigned billing accounts and drive timely completion of reconciliation activities.
  • Prepare and review invoice walks and reconciliation packages for approval and payment processing.
  • Track and support Financial Case governance activities, ensuring savings and avoidance initiatives are appropriately documented.
  • Collaborate with Sourcing, Account Management, vendors and business partners to resolve invoice and contract issues.
  • Identify opportunities for process improvements and automation to increase efficiency.
  • Assist with project work, including remediation efforts, operational initiatives, and special assignments.
  • Maintain strong relationships with internal stakeholders and external vendors.

Skills

Analytical skills
Communication
Excel
Project management
Vendor management
Data manipulation
Financial governance
Stakeholder relations

Education

Bachelor's degree

Tools

Optimize Spend (FITS)
Power BI
Tableau
Access

Job description

State Street is seeking a detail-oriented professional to manage market data financial operations, including invoice reconciliation, spend reporting, and data governance within FITS. You will ensure accuracy of supplier, contract, and financial data and collaborate with Procurement, Finance, and vendors to drive transparency and efficiency.

The role emphasizes data analysis, process improvement, and end-to-end reconciliation, requiring strong Excel skills and the ability to manage multiple

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