Reporting To:

Director - Global Sourcing & Procurement

Shift:

EMEA (1:30 pm - 10:30 pm IST) (India)

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 $962 billion in assets under advisement (as of December 31, 2025) and $376.9 billion in assets under management (as of December 31, 2025) 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 has opened a new office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

Graduate Trainee/Apprenticeship – Global Sourcing and Procurement 

Apprenticeship is a 12-month program that will provide a comprehensive learning experience, blending theoretical knowledge with on-the-job training. Over the 12-month period, apprentices at Russell Investments will gain valuable exposure to industry while developing essential soft skills and acclimating to a professional corporate environment. 

Eligibility 

• Should not be self-employed 

• Should not be enrolled under other government-funded programs 

• Should not be practicing professionally at the time of application 

• Should not be registered on EPF/ ESIC Portal 

• Should not have completed their education from a foreign university 

Apprentices who enroll should have their Aadhaar seeded with their personal mobile number and personal email address. This is a mandate. 

About the Role 

The Graduate Trainee would be 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. 

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.  

Role offers lots of learning opportunities to understanding Global Sourcing, Negotiations, Contracting, Procurement Operations and learning tools.