ETF Servicing Operations, Product Manager

Northern Trust • Boston, MA

2d • $88,900 - $151,100 • Hybrid

About The Position

The ETF Operations Product Manager supports North American ETF servicing across the primary market lifecycle, including creation/redemption order support, basket production and dissemination, and settlement-related activities. This role partners with operations, oversight, and technology teams to support accurate execution, maintain strong operational controls, and drive ongoing process and system enhancements.

Requirements

• College or University degree and/or equivalent relevant work experience
• 3–5 years of ETF operations or servicing experience, including transfer agency and order support, AP servicing, basket operations, fund accounting, custody operations, or related functions
• Working knowledge of ETF products, primary market workflows, and the operational lifecycle across orders, baskets, and settlement
• Understanding of how internal teams and external operational parties interact across ETF servicing processes
• Strong process orientation, attention to detail, and ability to prioritize effectively in a time-sensitive, high-volume environment
• Ability to analyze operational breaks, perform reconciliations, and drive issue resolution across teams
• Strong Excel and systems skills, with the ability to support process changes and testing activities
• Strong written and verbal communication skills
• Demonstrated flexibility and adaptability, with the ability to operate effectively in an evolving environment with developing processes, controls, and technology

Responsibilities

• Oversee day-to-day ETF servicing activities across the primary market lifecycle, including creation/redemption order processing, basket production and dissemination, and settlement support
• Monitor key workflow milestones, investigate exceptions, and coordinate timely resolution across internal teams and external operational parties
• Coordinate with internal teams and external operational counterparts to manage inquiries, resolve issues, and maintain timely workflow execution
• Produce, validate, and reconcile ETF operational data to support daily reporting, operational controls, and accurate processing
• Maintain procedures, service documents, and operating guides to ensure documentation remains current as processes evolve
• Execute and evidence ETF-specific controls in alignment with the established control framework
• Partner with technology and operations teams to define business requirements, support testing, and validate enhancements
• Drive continuous improvement by identifying root causes, recommending process enhancements, and developing metrics to measure service quality and productivity

Benefits

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree