VP of Capital Markets

Tidal Financial Group

123d

About The Position

We are seeking a Capital Markets Manager to support our strategic initiatives as well as day-to-day operations and drive capital markets strategy across our ETF platform. This role will serve as a senior liaison to trading counterparties, exchanges, and internal stakeholders, with a mandate to enhance market quality, optimize liquidity, and proactively manage derivatives and trading-related risks. The ideal candidate will have a deep understanding of ETF structures, derivatives markets, and regulatory frameworks, coupled with the leadership skills to influence strategy, shape best practices, and ensure excellence in execution across our capital markets functions.

Requirements

• Bachelor’s degree in Finance, Economics, Risk Management, or related field; advanced degree or professional designation (CFA, FRM) preferred.
• 7+ years of experience in ETF capital markets, derivatives trading, or related risk/operations leadership roles.
• Expert knowledge of derivatives instruments (options, futures, swaps) and their role in ETF investment strategies.
• Proven experience with VaR models, stress testing, and advanced risk management frameworks.
• Strong understanding of SEC regulations, ETF structures, and investment fund compliance requirements.
• Demonstrated success building and maintaining strategic relationships with APs, MMs, and exchanges.
• Proficiency in Excel, risk analytics platforms, and market data tools; familiarity with coding or automation tools a plus.
• Exceptional organizational, communication, and leadership skills, with the ability to drive cross-functional initiatives.

Responsibilities

• Serve as the senior point of contact for authorized participants (APs), market makers (MMs), exchanges, and broker-dealers, fostering high-value relationships to optimize ETF market quality.
• Lead capital markets strategy for new ETF launches, aligning trading and liquidity objectives with broader product and distribution goals.
• Represent Tidal in industry forums, regulatory discussions, and capital markets initiatives.
• Oversee daily ETF trading activity, creation/redemption processes, and NAV/trading price alignment, driving improvements in spreads, volumes, and premiums/discounts.
• Develop and implement strategies to enhance liquidity and efficiency in primary and secondary markets.
• Support derivatives risk oversight in compliance with SEC Rule 18f-4, including VaR calculations, stress testing, leverage monitoring, and back testing.
• Oversee derivatives trade execution, confirmation, collateral management, and counterparty risk monitoring.
• Ensure adherence to all applicable ETF, derivatives, and capital markets regulations, and act as a key contact for audits and regulatory inquiries.
• Direct the development of capital markets reporting, analytics, and performance dashboards.
• Identify and implement system enhancements to strengthen data integrity, operational controls, and market intelligence.
• Leverage advanced financial modeling and risk analytics to inform trading strategies and market-making relationships.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 51-100 employees