ETF Basket Creation, Senior Associate

State Street • Sacramento, CA

1d • $52,000 - $84,760

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. Key Responsibilities Team Oversight & Client Service 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. Basket Creation & Trade Processing Responsible for ETF basket creation, in-kind trade generation, and file dissemination. Validate basket components and ensure compliance with operational controls. Platform Expertise Utilize ETF Global Platform (ETFGP) and Fund Connect for basket creation and trade execution. Maintain proficiency in systems and tools critical to ETF servicing. Process & Control Enhancement Contribute to the enhancement of the servicing model. Ensure robust understanding and application of process and control frameworks. Qualifications & Skills 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. 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 StateStreet.com/careers Read our CEO Statement

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.
• inclusive development opportunities
• flexible work-life support
• paid volunteer days
• vibrant employee networks

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