ETF Capital Markets Specialist - Officer, State Street Investment Management
Top focus
This role will be responsible for garnering support from ETF liquidity providers and Authorized Participants to provide market quality and liquidity in State Street Investment Management’s ETFs. This individual will be a point of contact for ETF traders regarding the pricing and trading of our product lineup and will participate in projects with various internal teams and stakeholders to improve the structure and tradability of State Street Investment Management’s ETFs to best compete in the marketplace.
Additionally, this individual will take a supporting role with the data analysis and reporting needs of the Capital Markets team. Furthermore, this role will support our business development efforts with market makers, broker dealers, and exchanges in seeking broader support for our ETF franchise from a liquidity provision perspective, particularly with top tier firms providing Lead Market Making and Agency AP services to the marketplace
Key Responsibilities
- Manage relationships and communications with lead market makers, authorized participants, liquidity providers, and data partners to optimize SPDR ETF trading outcomes Drive measurable improvements in ETF market quality and execution by partnering with market makers, APs, and internal teams to refine product structure and creation/redemption processes Develop and enhance SPDR’s market quality monitoring technologies Provide input for daily and weekly commentaries on market quality and liquidity trends Analyze ETF trading and flow data to identify trends, risks, and opportunities Provide data-driven insights to support to help support sales inquiries, regulatory affairs, & due diligence questionnaires Assist in projects and working groups, both internal and external, related to the development of innovative ETFs, the evolution of the ETF structure, and enhancements to the ETF creation/redemption mechanism Partner with business development teams to deepen relationships with market makers, broker-dealers, and exchanges Ideal Experience: Enthusiasm for the ETF Industry, a positive attitude, and a drive to succeed Able to multi-task and work effectively at various levels of an organization, including managing and engaging with senior level executives Experience working on strategic project teams Strong analytical and critical thinking skills, with high attention to detail and ability to manage multiple priorities in a fast-paced environment Strong interpersonal and communication skills - ability to build relationships within our team, across our organization, and with our clients Resourceful, proactive, and able to prioritize and navigate in a fast-paced team-oriented environment Proficiency in Bloomberg, Excel (data analysis), and PowerPoint
- experience with trading or market data analytics tools preferred Prior ETF Capital Markets, trading, ETF servicing, or closely related experience strongly preferred FINRA Series 7 and 63 required (or commitment to obtain upon hire) Salary Range: $75,000 - $123,750 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.
- Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match
- insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- access to our Employee Assistance Program
- incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
- and, eligibility for certain tax advantaged savings plans.
- For a full overview, visit https://hrportal.ehr.com/statestreet/Home .
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