Advanced Principal, ETF &Passive Portfolio Operations

1110 Invesco Group Services, INC.; Downers Grove (IL); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

Flexible PTO

Hybrid work schedule

401K matching

Health & wellbeing benefits

Parental Leave benefits

Employee stock purchase plan

Job summary

Invesco in Downers Grove, IL is seeking an experienced senior operations leader to oversee the UIT comparison and settlement process and supervise a team focused on regulatory compliance. You will partner with the UIT Trading Desk, Accounting, Compliance and the Business Unit to ensure accurate NAV calculations and timely issue resolution.

The role requires a series 27 license, collaboration across global teams, and a drive to design ETF operating models and processes.

Qualifications

• Five or more years of operational and securities industry experience.
• Direct knowledge and experience with UIT Products preferred.
• Working knowledge and experience with DTCC and NSCC.
• Supervisory and oversight experience preferred.
• Excellent verbal and written skills.

Responsibilities

• Oversee all aspects of the UIT comparison and settlement process.
• Must have strong knowledge of FINRA Rules and SEC regulations and the Investment Company Act of 1940.
• Oversee and ensures proper Net Asset Value calculations from our pricing vendors.
• Create and maintains metrics for management review.
• Oversees the reconciliation of all Broker Dealer Cash activity for posting to the GL.
• Reviews and maintains updated policies and procedures for WSPS.
• Oversee and review and fund all margin account deficits; this includes hedge accounts and DTCC and NSCC collateral accounts.
• Oversees all Broker Dealer working capital and maintains a line of credit with the parent company and a Broker Dealer bank account.
• Prepare and submit quarterly Securities Count (Rule 17a-13).
• Works closely with UIT trading, Compliance and Accounting teams for issue resolution.
• Prepare and submit Customer Reserve (Rule 15c3-3) weekly and at month end.
• Provides monthly to Sr. Management, Compliance, IT and the Portfolio trading desks regulatory report cards from the MSRB, TRACE and Oats that compare IVZ results to the industry.
• Maintain a One Invesco perspective driving positive and impactful outcomes for the firm.
• Engage and maintain relationships with stakeholders across the firm to effectively navigate our global organization.
• Develop project objectives with measurable goals, drive consensus and communicate plans and results to stakeholders and management throughout.
• Partner with the firm’s leadership to help shape BlackRock’s ETF platform strategy to maximize growth, scale, and consistency.
• Design, innovate, and implement ETF operating models, technology solutions and commercial opportunities.

Skills

Securities industry experience

UIT/ETF knowledge

DTCC/NSCC knowledge

Supervisory experience

Communication skills

Education

Bachelor's Degree

Job description

About Invesco As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco. What’s in it for you? Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

Job Description

Your Role Responsible for the day to day oversite and operational activities that are specific to the UIT comparison and settlement process. The Advanced Principal oversees a staff that manages the daily workflow and ensures regulatory requirements are adhered to. Act in a supervisory role as well as be part of a team to complete tasks. Establish and maintain relationships within the various departments in Invesco to ensure the proper flow of information and regulatory compliance. This position works closely with UIT Trading Desk, Accounting, Compliance and the Business Unit in Downers Grove. In addition, this position provides trade support and oversite for the Capital markets desk and oversees corporate actions and pricing. This position also establishes and maintains various external relationships with our Trustee, DTCC and NSCC, Pricing vendors outside auditors and outside legal. The position requires a series 27 license and is closely tied to the IVZ broker dealer. A successful candidate will have experience working across functions, setting and driving a strategic agenda, being involved in high profile projects, and achieving positive results through diligent and relentless execution. Operate horizontally at the intersection of capital markets, investments, ETF servicing, post trade processing, technology, and core services. The position requires licensing. If the candidate does not currently have requirements, IVZ will work with the candidate to provide support to obtain required licensing in the timeframe needed. You will be

Responsibilities

• Oversee all aspects of the UIT comparison and settlement process.
• Must have strong knowledge of FINRA Rules and SEC regulations and the Investment Company Act of 1940.
• Oversee and ensures proper Net Asset Value calculations from our pricing vendors.
• Create and maintains metrics for management review.
• Oversees the reconciliation of all Broker Dealer Cash activity for posting to the GL.
• Reviews and maintains updated policies and procedures for WSPS.
• Oversee and review and fund all margin account deficits; this includes hedge accounts and DTCC and NSCC collateral accounts.
• Oversees all Broker Dealer working capital and maintains a line of credit with the parent company and a Broker Dealer bank account.
• Prepare and submit quarterly Securities Count (Rule 17a-13).
• Works closely with UIT trading, Compliance and Accounting teams for issue resolution.
• Prepare and submit Customer Reserve (Rule 15c3-3) weekly and at month end.
• Provides monthly to Sr. Management, Compliance, IT and the Portfolio trading desks regulatory report cards from the MSRB, TRACE and Oats that compare IVZ results to the industry.
• Maintain a One Invesco perspective driving positive and impactful outcomes for the firm.
• Engage and maintain relationships with stakeholders across the firm to effectively navigate our global organization.
• Develop project objectives with measurable goals, drive consensus and communicate plans and results to stakeholders and management throughout.
• Partner with the firm’s leadership to help shape BlackRock’s ETF platform strategy to maximize growth, scale, and consistency.
• Design, innovate, and implement ETF operating models, technology solutions and commercial opportunities.

The Experience you Bring

• Five or more years of operational and securities industry experience.
• Direct knowledge and experience with UIT Products preferred.
• Working knowledge and experience with DTCC and NSCC.
• Supervisory and over site experience preferred.
• Excellent verbal and written skills.
• Must be able to multi task different initiatives at once, take direction well, and strong follow through skills needed.
• Ability to work effectively in a team environment.
• Knowledge of the UIT/ETF and Securities industry.
• Ability to work effectively in a global matrixed team environment.
• A Bachelor’s Degree is required.

The salary range for this position in Downers Grove, IL is Min $150,000 - $170,000 year

Full Time / Part Time Full time Worker Type Employee Job Exempt (Yes / No) Yes Workplace Model Pursuant to Invesco’s Workplace Policy, employees are expected to comply with the firm’s most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other’s growth and development. The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.