About Russell Investments, Mumbai:
Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 90-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $964 billion in assets under advisement (as of December 31, 2025) and $381.8 billion in assets under management (as of March 31, 2026) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai, and Mumbai.
Joining our Mumbai office means becoming part of a globally connected team where associates collaborate across functions, geographies, and time zones to support the work of a globally recognized asset management firm. Based in Goregaon (East), you will have the opportunity to work alongside colleagues around the world, contribute to meaningful initiatives, and build your career in a collaborative and inclusive environment. The Mumbai office operates with varying shifts to support collaboration across global time zones.
For more information, please visit https://www.russellinvestments.com.
Job Description:
The Associate, Global Sourcing and Procurement is responsible for validating market data vendor invoices, ensuring charges align with contractual agreements, approved budgets, user inventories, and licensing terms. The role serves as the primary control point between Market Data Services, Finance, GSP, and vendors to ensure accurate payment processing, cost allocation, reporting, and audit-ready documentation.
Key Responsibilities:
Invoice Validation & Processing
Review and validate vendor invoices against contracts, rate cards, and approved budgets.
Verify pricing, quantities, service periods, user counts, and allocations.
Investigate invoice discrepancies and coordinate with vendors for corrections or credits.
Process invoices through Concur and maintain supporting audit documentation.
Ensure compliance with prepaid expense and amortization policies.
Coordinate invoice approval workflows.
Reporting & Cost Allocation
Produce monthly, quarterly, and ad-hoc market data reports as needed.
Supporting Finance with maintaining budget tracking and cost allocation.
Reconcile vendor inventories against internal records on a quarterly basis.
Maintain accurate service costing, service tagging, and allocation data in Abacus.
Desired Skills & Experience
3 – 5 years of experience in market data operations, financial services operations, procurement, or vendor management.
Understanding of market data products, licensing models, and subscription management [will be part of training]
Experience validating invoices, budgets, and contract pricing.
Strong Excel and data reconciliation skills.
Experience with procurement, contract management, or invoice processing systems (e.g., Concur, Agiloft, Abacus).
Strong attention to detail and ability to maintain audit-quality documentation.
Skills Required
- 3-5 years experience in market data operations, financial services operations, procurement, or vendor management
- Experience validating invoices, budgets, and contract pricing
- Strong Excel and data reconciliation skills
- Experience with procurement, contract management, or invoice processing systems (e.g., Concur, Agiloft, Abacus)
- Strong attention to detail and ability to maintain audit-quality documentation
- Understanding of market data products, licensing models, and subscription management (training provided)
Russell Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Russell Investments and has not been reviewed or approved by Russell Investments.
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Leave & Time Off Breadth — Time off starts at 20 days of vacation in year one (rising to 25 after four years) plus 10 paid holidays and nine sick days, which provides substantial leave coverage. Backup childcare and other leave supports add practical flexibility for life events.
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Retirement Support — A 401(k) company match up to 5% of eligible base salary, alongside access to select Russell Investments funds, offers a meaningful foundation for long‑term savings. This structure provides clear, predictable retirement support.
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Wellbeing & Lifestyle Benefits — Comprehensive medical coverage, employer HSA contributions, a Lifestyle Spending Account, and Modern Health access (10 counseling and 10 coaching sessions per year) strengthen overall wellbeing. These elements enhance total‑compensation value beyond base pay.
Russell Investments Insights
What We Do
Russell Investments is a leading outsourced CIO (OCIO) partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 19 cities around the world, including London, New York, Toronto, Sydney, Tokyo, and Shanghai.
