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Director, Capital Markets

Russell Investments
New York, United States, United Statesfull_timeVerifiedPosted 29 Jul 2026
💰 $250,000/yr($200,000/yr$250,000/yr)

About the role

Salary Range:

$200,000 USD - $250,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.


Job Description:

We are seeking an experienced ETF capital markets professional to lead capital markets oversight for Russell Investments' ETF platform. The role will have primary responsibility for the current U.S. ETF lineup and for supporting growth of the U.S. platform, while also providing capital markets expertise and coordination for Russell's ETF lineups in Canada and Australia. The successful candidate will serve as the firm's senior subject matter expert on ETF product and market structure, primary and secondary market activity, trading, and liquidity. This is a hands-on role that combines day-to-day market quality oversight, strategic relationship management across the ETF ecosystem, support for product launches and platform development, and close partnership with product, sales, marketing, investments, trading, operations, legal, and compliance. The Director will help deliver strong trading outcomes for shareholders, strengthen the resilience and reach of Russell's ETF platform, and support the commercial success of the ETF lineup.


Your Core Responsibilities

  • Own market quality and liquidity oversight for Russell's U.S. ETF lineup, with coordinated support for the Canadian and Australian lineups. Monitor bid-ask spreads, premiums and discounts, trading volume and depth, creations and redemptions, price discovery, and other relevant indicators; identify trends, diagnose issues, and drive corrective actions.
  • Develop and manage strategic relationships across the ETF ecosystem, including authorized participants, lead and supplemental market makers, exchanges, custodians, distributors, and data and technology providers. Expand participation, improve liquidity provision and market coverage, and maintain regular performance dialogue with key partners.
  • Serve as the senior point of escalation for ETF trading, liquidity, and creation/redemption matters, including during periods of market stress or operational disruption. Coordinate timely resolution across portfolio management, trading, operations, fund administration, service providers, legal, compliance, risk, and external market participants.
  • Lead the ETF capital markets workstream for new product launches, conversions, listings, material product changes, and liquidations. Shape liquidity and seed-capital strategies, authorized participant and market-maker onboarding, exchange coordination, basket and creation/redemption readiness, and launch-day and post-launch monitoring.
  • Partner with portfolio management, trading, product, operations, and service providers on ETF design and implementation considerations, including basket construction and flexibility, cash and in-kind parameters, custom baskets, underlying-market liquidity, and other factors that affect tradability and shareholder outcomes.
  • Support distribution and client engagement by providing ETF trading and execution guidance, participating in prospect and client meetings, assisting with large trades, and translating ETF liquidity and market structure into practical recommendations for financial advisors, wealth platforms, and other investors.
  • Develop and deliver ETF education on market structure, liquidity, trading practices, and how Russell's products trade. Serve as a visible spokesperson through training, client events, and thought leadership.
  • Partner with product, sales, and marketing to shape market-facing collateral, website content, trading resources, FAQs, and thought leadership. Ensure ETF trading data and liquidity messaging are accurate, current, and useful to sales teams and investors.
  • Build surveillance, analytics, reporting, policies, procedures, and controls for the ETF capital markets function. Use market and peer data to inform product design, commercialization, sales targeting, lifecycle decisions, senior management and Board reporting, and strategic enhancements to Russell's global ETF platform.

Your Expertise

  • Bachelor's degree; an MBA, master's degree, CFA designation, or other relevant credential is a plus.
  • 8+ years of relevant ETF capital markets experience, with deep knowledge of the U.S. ETF ecosystem. Experience supporting Canadian and/or Australian ETFs, or other global ETF markets, is a strong p

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Company

Russell Investments

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