ETF Capital Markets Manager
About The Position
The ETF Capital Markets team is a function that we built at Capital Group to maximize our market quality to pursue best in class execution for our advisors. To accomplish this goal, we: Built the appropriate ETF trading ecosystem and relationships across the primary and secondary markets. Developed intraday surveillance tools to assess intraday liquidity and execution quality. Provide consultation to our Sales teams and advisor community to provide execution guidance to ensure they may trade with confidence. As the ETF Capital Markets Manager, you will partner with a variety of stakeholders across the organization to support an expanding suite of ETF investment solutions to ensure operational excellence in design, delivery, and ongoing evolution of our ETF capital markets function.
Requirements
- You have a minimum of 10 years of relevant financial services experience, including aspects of trading, operations, sales, project management.
- You have a thorough understanding of trading, pricing, and market maker support, with a background in trading being a significant advantage.
- You have demonstrated expertise in Exchange-Traded Funds (ETFs), including primary and secondary market dynamics, authorized participant relationships, and capital markets infrastructure.
- You have extensive experience working in Bloomberg.
- You possess knowledge of ETF fundamentals and the factors that drive pricing and liquidity.
- You can adapt to evolving market conditions and regulatory changes.
- You have a bachelor's degree.
- Series 7 and 63 licensing will be required.
Responsibilities
- Oversee day-to-day secondary and primary market activity.
- Work closely with internal teams such as portfolio management, trading, and operations, to support ETF trading and liquidity.
- Coordinate with internal and external stakeholders to resolve any issues related to trading.
- Monitor market trends and activities to identify potential issues.
- Monitor ETF market quality, including volume, primary flows, premiums/discounts, and short interest.
- Serve as a technical subject matter expert in all areas related to trading.
- Responsible for oversight and implementation of regulatory changes and market evolution to keep the team and products aligned with industry standards.
- Keep abreast of regulatory market practice changes and inform/train the team accordingly.
- Develop and execute plans for regulatory change implementation.
- Evaluate the impact of market changes on team operations.
- Implement corrective measures for any compliance issues identified.
- Understand the needs and limitations of external partners and how they impact internal processes.
- Support relationship management efforts and oversee client service functions.
- Maintain relationships with authorized participants, market makers, trading platforms, and exchanges.
- Provide expertise and trading guidance on client activity.
- Assist clients with efficient ETF trading execution and provide education on ETF liquidity and trading strategies.
- Develop and enhance internal ETF tools and processes.
- Coordinate execution of key initiatives and projects within the ETF Capital Markets platform across functional groups.
- May lead initiatives across ETF portfolio, partnering with stakeholders and vendors.
Benefits
- In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital's annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
