Jobs

ETF Capital Markets Specialist, VP - State Street Investment Management
2 Locations
·
On-site
·
Full-time
·
1w ago
Benefits & Perks
•401(k)
•Healthcare
•Flexible Hours
•Paid Leave
•Learning Budget
•401k
•Healthcare
•Flexible Hours
•Learning
Required Skills
Bloomberg
Microsoft Excel
PowerPoint
ETF market knowledge
Capital markets
Purpose:
This role will be responsible for garnering support from ETF liquidity providers and Authorized Participants to provide market quality and liquidity in SPDR ETFs. This individual will be a point of contact for ETF traders regarding the pricing and trading of our product lineup and will lead projects with various internal teams and stakeholders to improve the structure and tradability of SPDR ETFs to best compete in the marketplace. Additionally, this individual will also take a leadership 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. Lastly, this role will serve as the main, dedicated Capital Markets specialist, supporting the Select Sector Sales, Strategy & Research and Marketing Teams.
Key Responsibilities:
-
Manage relationships and communications with lead market makers, liquidity providers, and authorized participants regarding pricing and trading of SPDR ETFs
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Improve ETF market quality - leading to better execution quality for investors - by collaborating with ETF lead market makers, authorized participants, and internal stakeholders to drive enhancements to product structure and creation/redemption processes
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Develop and enhance SPDR’s market quality monitoring technologies
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Take a leadership role in driving US CMG’s key technology initiatives, working across all stakeholder groups and subject matter experts to effectively manage the process and outcome of each project
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Drive and lead the data analysis and reporting needs for the Capital Markets team, including buildout and maintenance of databases for trading volumes, partner data and metrics used by the team – responsible for providing this data, specifically curated for Select Sector ETFs, to the Select Sector Sales & Research Strategists teams in support of expanding reach, brand awareness, and driving organic growth
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Provide input for daily and weekly commentaries on market quality and liquidity trends
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Take leadership role in oversight of our Authorized Participant Oversight Program, incorporating oversight of Select Sectors ETFs into the program, and managing & coordinating the transition of existing AP Agreements for Select Sectors to SSGA Funds Distributor
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Deliver analytical insights and data to help support regulatory affairs & due diligence questionnaires
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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
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Assist in our business development efforts with market makers, broker-dealers, and exchanges
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Develop, execute, and manage policies and procedures related to all aspects of a Transfer Agent for Select Sector ETFs
Ideal Experience:
-
7-10 years of experience in capital markets with a strong ETF background, preferably experience across asset classes – equities, fixed income, and derivatives
-
Enthusiasm for the ETF Industry, a positive attitude, and a drive to succeed
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Able to multi-task and work effectively at various levels of an organization, including managing and engaging with senior level executives
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Experience working on or leading strategic project teams
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Highly organized, acute attention to detail, strong critical thinking skills, and team first mentality
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Strong interpersonal and communication skills - ability to build relationships within our team, across our organization, and with our clients
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Resourceful, proactive, and able to prioritize and navigate in a fast-paced team-oriented environment
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Proficient in Bloomberg, Microsoft Excel, and PowerPoint
Salary Range:
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.
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.
Discover more information on jobs at State Street.com/careers
Read our CEO Statement:
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.
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About State Street

State Street
PublicState Street Investment Management — formerly State Street Global Advisors (SSGA) — is an American investment management division of State Street Corporation founded in 1978 and the world's fourth largest asset manager, with nearly US$4.1 trillion in assets under management as of December 31, 2023.
10,001+
Employees
Boston
Headquarters
Reviews
3.5
6 reviews
Work Life Balance
2.5
Compensation
3.0
Culture
2.5
Career
3.2
Management
2.8
35%
Recommend to a Friend
Pros
More opportunity than other banks
Career advancement potential
Financial services experience
Cons
Slow hiring process
Poor Glassdoor reviews
Variance in firm quality opinions
Salary Ranges
76 data points
Junior/L3
Junior/L3 · Business Analyst
2 reports
$134,560
total / year
Base
$117,009
Stock
-
Bonus
-
$127,061
$142,060
Interview Experience
5 interviews
Difficulty
2.6
/ 5
Duration
21-35 weeks
Offer Rate
20%
Experience
Positive 20%
Neutral 60%
Negative 20%
Interview Process
1
Application Review
2
Recruiter Screen
3
Phone Interview
4
Technical/Hiring Manager Interview
5
Final Interview/Offer Stage
Common Questions
Technical Knowledge
Behavioral/STAR
Past Experience
Culture Fit
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