What are the responsibilities and job description for the Exchange Traded funds Basket Operations, Assistant Vice President position at State Street?
Who we are looking for
The candidate will have an expert understanding of Exchange Traded funds allowing them to oversee the basket operation team and provide services to clients. The candidate should have a comprehensive understanding of ETF servicing including ETF Basket creation, basket settlement, and order taking. The candidate will oversee existing client book and be responsible for ETF basket creation, in-kind trade generation and file dissemination. Understanding of the ETF Global Platform and Fund Connect is essential. The candidate will contribute to the enhancement of our servicing model and must have excellent understanding of process and controls. Finally, the candidate must be able to clearly, confidently, and concisely communicate with internal and external partners consistently demonstrating their ETF skill set and driving confidence in our abilities.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As ETF Basket Lead you will
- Oversee basket operations team
- Ensure team follow procedures and controls
- Provide training and support to new staff
- Ensure PCFs, in-kind trades and files are produced accurately and delivered timely
What we value
These skills will help you succeed in this role
- Effective, professional communication
- ETF Product knowledge (industry and operational)
Education & Preferred Qualifications
- Bachelor Degree
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
IT IS UNLAWFUL IN MASSACHUSETTS TO REQUIRE OR ADMINISTER A LIE DETECTOR TEST AS A CONDITION OF EMPLOYMENT OR CONTINUED EMPLOYMENT. AN EMPLOYER WHO VIOLATES THIS LAW SHALL BE SUBJECT TO CRIMINAL PENALTIES AND CIVIL LIABILITY.
Salary Range:
$70,000 - $115,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
Salary : $70,000 - $115,000
