ETF Product Specialist, Asset Servicing - State Street Bank & Trust, Managing Director

Who we are looking for

The ETF product specialist will assist in driving the Americas development of a world-class offering to support the end-to-end servicing needs of ETF product sponsors.  This role will support innovating development of ETF servicing capabilities, be a resource for new ETF product development and ongoing ETF product management, advise management on product structure relative to strategies which State Street may seek to deliver in the exchange traded market place, and liaise with issuers, securities exchanges, the specialist community, authorized participants, market makers, prime brokerage, data providers and other third parties in an effort to stimulate internal expertise and client growth among State Street’s ETF administration platform.

The requirements will include participating in strategic planning and the development of a production roadmap for the ETF service offering for State Streets service business encompassing the full product lifecycle, from concept through implementation and execution.

Will consider other locations besides Boston

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

• Conduct business reviews and analysis to ensure key deliverables and milestones are met.
• Manage across multiple business units to provide value add resources needed to deliver a market leading  product offering, including custody, fund services, securities lending, etc.
• Collaborate with multiple business units (including Sales, Product, Operations, and Technology) to assess client needs and expectations.
• Perform analysis on competitors and conduct market sizing to contribute to overall product strategy.
• Identify and evaluate third-party vendors to assess potential strategic alliances to enhance product offering.
• Plan major development initiatives and milestones by working with Sales, Product, Technology, Operations, and other groups to ensure a coordinated service delivery.
• Serve as a spokesperson for ETF services offering among industry participants and new and existing clients.  Attend and participate in industry related events and tradeshows to maintain visibility and market awareness.
• Support sales and services as needed in regards to the ETF product category, including formal presentations to clients and prospects.
• Participate in the development of product functionality scorecard and metrics to continuously track and improve product-level financial success, customer adoption trends, product quality metrics, and more.

What we value

These skills will help you succeed in this role

• Experience with several types of investment products, such as, 1940 Act products, UCITS, swap based products, and other trusts.
• Familiarity with facets of the exchange traded product market space including, but not limited to: service provider selection, lead market maker selection, authorized participant assignment and transfer agency, order-taking and administration operations.
• Understanding of operational flows and business processes in ETF administration

Education & Preferred Qualifications

• Expert knowledge of securities industry (15+ years) and ETF products (10+ years), investment strategies, data providers, market trends and competitive landscape. 

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to inst