Expense Insight Centre, AVP

Who we are looking for

This role is responsible for end‑to‑end expense analytics, accrual validation, variance analysis, and management commentary across TPS – Market data, Sub custody and other license costs. The role supports preliminary, month‑end, quarter‑end, and regulatory cycles, partnering closely with FP&A, GAO, Operations, and CFO teams to deliver accurate, timely, and decision‑ready insights.

The incumbent will play a critical role in expense governance, savings tracking, volume and market analytics, and executive‑level reporting.

What you will be responsible for

TPS Expense & Accrual Management

• Prepare and review TPS outlook, budget, and MYF calculations.
• Deliver monthly variance analysis vs Budget/MYF . Prepare volume and market driven variance analysis at monthly, quarterly, and YTD levels.
• Review all accounts in TPS and prepare a mgmt. deck monthly summarizing the expense, drivers, risks/opportunities.
• Analyze market data expenses, including FITS, Bloomberg PSDL, and related allocations.
• Support TPS accounting calls by preparing summaries, insights, and follow‑up analysis.
• Support CCAR and regulatory expense reviews related to Sub custody

Executive & Management Reporting

• Prepare inputs for EC Flash Decks covering Global Delivery, Corporate Functions, Bankwide, and Total views.
• Produce quarter‑end variance driver summaries for Products and FP&A consumption.
• Support monthly Subcustodian overview packages, distribution, and review meetings.
• Ensure commentary is accurate, concise, and aligned with CFO expectations.

Stakeholder Engagement & Controls
• Partner with FP&A, GAO, Operations, and CFO teams to resolve data issues and explain drivers.
• Participate in Subcustodian Savings Review, DTC/FED accrual review, and governance forums.
• Ensure strong controls, documentation, and audit readiness across all deliverables.
• Support firmwide initiatives such as FMU playbooks and transformation exercises.

Education & Preferred Qualifications

• 10+ years of experience in Finance, Expense Analytics, FP&A. Prior State Street experience is an advantage.
• Strong hands‑on experience with accruals, variance analysis, and management reporting
• Advanced Excel skills; working knowledge of Oracle, Power BI, and financial data sets
• Experience working across monthly, quarterly, and regulatory cycles
• Strong analytical mindset with the ability to translate data into clear business insights

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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