ETF Basket Specialist

U.S. Bank•Tempe, AZ

2d•$60,435 - $71,100

About The Position

The ETF Basket Specialist oversees the daily production of required Exchange Traded Fund (ETF) files, calculates gains and losses on cash-in-lieu trades, prepares exchange listing documents, coordinates reporting needs for new ETFs, and serves as a liaison to internal and external stakeholders. The specialist stays current on industry updates and answers operational questions for ETF clients. The role also works with fund clients during ETF launches and communicates daily ETF operations to clients and other business lines within Global Fund Services.

Requirements

Bachelor's degree or equivalent work experience.
One to two years of direct experience, or three to five years of related experience.

Nice To Haves

Experience directly related to ETF operations, including basket production, client onboarding, or trade settlement.
Knowledge of NSCC eligibility requirements, capital markets, and exchange listing rules.
Understanding of the ETF create/redeem process.
Experience working directly with issuers, market makers, authorized participants, and sub advisors.
General knowledge and understanding of legal, regulatory, and accounting principles that directly affect the ETF industry and its clients.
Experience managing multiple tasks, projects, and deadlines simultaneously.
Good verbal and written communication skills.
Proficient computer skills, especially Microsoft Office applications.

Responsibilities

Oversee daily production of required ETF files.
Calculate gains and losses on cash-in-lieu trades.
Prepare exchange listing documents.
Coordinate reporting needs for new ETFs.
Serve as a liaison to internal and external stakeholders.
Keep abreast of industry updates and answer operational questions from ETF clients.
Work with fund clients during ETF launches.
Communicate daily ETF operations to clients and other business lines within Global Fund Services.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation, from two to five weeks depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.