The ETF product specialist will lead the Americas development of a world-class offering to support the end-to-end servicing needs of ETF product sponsors. This role will conduct competitive analysis and make recommendations to changes in our technology stack and operating model, drive the strategic planning relative to ETF servicing expansion, be the primary resource for new ETF product development and ongoing ETF product management, advise executive leadership on directional changes taking place in the exchange traded fund marketplace, and liaise with issuers, securities exchanges, authorized participants, market makers, prime brokerage, index providers and other third parties in an effort to stimulate internal expertise and client growth across State Street's ETF servicing platform.

The role requires effective presentation skills, the ability to craft thought leadership content for use in the sales and client relationship process, to be an effective senior leader in providing customers with the strategic roadmap for and clear differentiation of State Street's value proposition.

The requirements will include crafting, modifying and executing on a strategic plan for the ETF service offering encompassing the full product lifecycle.

Primary Responsibilities

• Conduct business reviews and analysis to ensure key deliverables and milestones are met.
• Manage across multiple business units to maintain, enhance and deliver a market leading solution set that includes core custody and traditional fund services, ancillary markets services, ETF centric services with front office integration (where applicable).
• Collaborate with multiple business units (including Sector, GRM, CCO, Delivery, and Technology) to assess client needs and expectations.
• Perform analysis on competitors and conduct market sizing to contribute to overall product strategy.
• Identify, evaluate and make recommendations regarding third-party vendors to assess potential strategic alliances to enhance product offering.
• Plan and execute major development initiatives and milestones by working with Sector, CPO, Technology, Delivery, and other groups to ensure a coordinated service delivery.
• Serve as lead spokesperson and represent State Street Investor Services 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.
• Develop product functionality scorecard and metrics to continuously track and improve product-level financial success, customer adoption trends, product quality metrics, and more.

Job Requirements and Minimum Qualifications

• Expert knowledge of securities industry (15+ years) and ETF products (10+ years), investment strategies, index providers, market trends and competitive landscape.
• Extensive knowledge of applicable rules and regulations relating to the operation of an ETP structured as a 40 Act Fund, 33 Act Commodity, 81-102 Investment Fund, etc.
• Familiarity with all facets of the exchange traded product market space including, but not limited to: actively-managed, index-backed and with entities including authorized participants, market makers, exchanges and transfer agency and accounting / administration operations.
• Understanding of operational flows and business processes in ETF administration and custody
• Comprehensive knowledge of business principles and techniques of administration, organization and management to include an in-depth understanding of the business that exist. These include, but are not limited to, knowledge of strategic and operational planning, staff management, legal and regulatory laws, financial and cost analysis

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 institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:
$225,000 - $337,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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