ETF Basket Creation, Senior Associate

State Street • Sacramento, CA

1d

About The Position

The Senior Associate will oversee the ETF Basket Operations team and deliver high-quality services to clients. This role requires a strong understanding of Exchange Traded Funds (ETFs) and ETF servicing, including basket creation and in-kind trade generation.

Requirements

• Strong knowledge of Exchange Traded Funds and ETF servicing processes.
• Hands-on experience with ETF basket creation and in-kind trade generation.
• Proficiency in ETF Global Platform and Fund Connect.
• Excellent analytical skills and attention to detail.
• Ability to manage client relationships and collaborate effectively with internal teams.

Responsibilities

• Oversee the basket operations team and collaborate with associates to manage a client book.
• Provide exceptional service to clients, ensuring timely and accurate processing of ETF-related activities.
• Responsible for ETF basket creation, in-kind trade generation, and file dissemination.
• Validate basket components and ensure compliance with operational controls.
• Utilize ETF Global Platform (ETFGP) and Fund Connect for basket creation and trade execution.
• Maintain proficiency in systems and tools critical to ETF servicing.
• Contribute to the enhancement of the servicing model.
• Ensure robust understanding and application of process and control frameworks.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees