Fund Accounting ETF Senior Manager

Citigroup Inc.; Dublin; Hybrid; EUR 86,000 - 128,000; Full time

Job summary

Citi Dublin is seeking a VP – ETF Services Manager to oversee ETF Services operations, ensuring accurate PCF delivery and efficient ETF lifecycle management. You will partner with internal teams, clients and key stakeholders to support growth of the ETF business.

Responsibilities include day-to-day management of ETF lifecycle activities, creation/redemption, settlements, and reconciliations, plus implementing initiatives to improve effectiveness.

Qualifications

• Extensive relevant experience in ETF Services or ETF Fund Accounting.
• Experience in accounting within financial services and managing client relationships.
• Strong leadership and management skills; able to work in a team-oriented environment.
• Excellent written and verbal communication. SME knowledge in related area.

Responsibilities

• Provide day-to-day management and oversight of the ETF Services function, ensuring accurate and timely PCF delivery.
• Oversee ETF lifecycle activities: creation/redemption, cash transactions, basket processing and reconciliations.
• Manage ETF units settlement arrangements and relationships with APs.
• Handle AP inquiries related to ETF orders and onboarding of new APs.
• Understand NAV relationships with Portfolio Composition files and primary market activity.

Skills

ETF knowledge

Leadership

Operational delivery

Communication

Education

Bachelor’s degree/University degree or equivalent experience

Master’s degree preferred

Chartered Accountant/CFA/MBA

Job description

The VP – ETF Services Manager will have responsibility for the oversight and delivery of ETF Services operational responsibility for the Exchange Traded Funds (ETFs).

The role will provide leadership across the ETF operating model, ensuring accurate and timely PCF delivery, managing, and overseeing the ETF creation/redemption lifecycle. The candidate strong operational controls and effective management of the activities specific to ETFs. The successful candidate will work closely with internal teams, clients, and key stakeholders to support the continued growth and development of the ETF business.

Responsibilities

• Provide day-to-day management and oversight of the ETF Services function, ensuring accurate and timely delivery of PCFs and associated outputs.
• Oversee activities specific to the ETF lifecycle, including creation and redemption activity, cash transactions, basket processing, and ETF-specific reconciliations.
• Manage and oversee the ETF units settlement arrangement and relationship with AP’s.
• Handling AP inquiries related to the ETF creation / redemption orders and the onboarding of new AP’s to the platform.
• Understand the relationship between the ETF's NAV, Portfolio Composition files and the primary market activity, identifying and escalating exceptions where appropriate.
• Partner with relevant operational teams to ensure effective processing of ETF activity within defined market and NAV deadlines.
• Lead and drive the change plan of initiatives within the operations to incrementally improve the effectiveness and efficiency of the function, setting challenging targets.
• Supporting ETF launches, migrations, or operating model transformation and collaborate with key stakeholders.

Qualifications

• Extensive relevant experience
• Chartered Accountant/CFA/MBA
• Experience in ETF Services or ETF specific Fund Accounting experience.
• Experience in accounting within financial services, strategic management, resource/expense management, and managing client relationships
• Experience in managing operational delivery
• Extensive knowledge of funds services and process
• Demonstrated leadership and management skills
• Ability to work in a team-oriented environment
• Consistently demonstrates clear and concise written and verbal communication
• Demonstrated Subject Matter Expert (SME) knowledge in related area
• Experience with ETF Basket/PCF Construction preferred.
• Knowledge of custody, particularly as it relates to ETFs preferred.

Education

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred

We offer

By joining Citi Dublin, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more here.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Job Family Group

Operations - Transaction Services

Job Family

Fund Accounting

Time Type

Full time

Primary Location Full Time Salary Range

85600,00€ - 128400,00€

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.