ETF Servicing Lead, Assistant Vice President

State Street Corporation; Quincy (MA); On-site; USD 70,000 - 130,000; Full time

Job summary

State Street Corporation in Massachusetts seeks an ETF Servicing Lead to shape global ETF servicing models, drive operational readiness, and deliver scalable platform solutions. You will combine ETF product knowledge with client leadership, risk awareness, and technology delivery to strengthen client delivery and operational resilience.

The role requires deep ETF lifecycle expertise, cross-functional collaboration across Operations, Technology, Product, and Global Delivery, and a track record of

Qualifications

• Bachelor's degree required.
• Minimum of 5 years of ETF operations, ETF servicing, or related field.
• Experience with ETFGP, Fund Connect, BET, XFT preferred.
• MBA or advanced degree preferred.
• Demonstrated experience leading client onboarding and global process transformation.

Responsibilities

• Serve as the primary ETF SME for an assigned portfolio of clients, providing guidance across the full ETF lifecycle.
• Lead client onboarding for new ETFs and coordinate product launches, regulatory changes, and operational-readiness activities.
• Design and implement efficient, controlled, and scalable operating models for global ETF servicing.
• Partner with ETF Operations, Settlements, Technology, Product, and Global Delivery teams to support consistent execution and issue resolution.
• Lead requirements gathering, solution design, testing coordination, implementation, and post-implementation readiness for strategic initiatives.
• Create, review, and refine business requirements supporting enhancements to ETFGP, Fund Connect, BET, XFT, and related integrations.
• Advance platform integration and modernization to support multi-client servicing, scalable onboarding, and improved client experience.
• Champion process optimization, automation, and Global Delivery Simplification objectives while maintaining appropriate operational controls.
• Identify delivery risks, establish clear ownership and governance, and communicate decisions, dependencies, and progress to senior stakeholders.
• Provide concise, technically grounded updates to internal leadership and external partners.

Skills

ETF product lifecycle

Operational risk management

Client leadership

Cross-functional collaboration

Executive communication

Platform integration

Education

Bachelor's degree

MBA or advanced degree

Tools

ETFGP

Fund Connect

BET

XFT

Job description

Role Summary

The ETF Servicing Lead is a critical leadership role within the ETF servicing and technology ecosystem. The position combines deep ETF product and operational knowledge, client leadership, process and control design, and technology delivery. The successful candidate will help shape the global ETF servicing model, strengthen operational readiness, and advance scalable platform solutions.

Who We Are Looking For

We are seeking an experienced ETF leader who can connect client needs, operational execution, risk management, and technology strategy. The ideal candidate communicates with confidence, works effectively across global teams, and translates complex ETF requirements into practical, controlled, and scalable solutions.

• Deep ETF expertise across the product lifecycle, including order activity, basket creation, servicing, and settlement.
• Advanced understanding of global ETF operating models, industry practices, and operational risk considerations.
• Proven ability to define, document, and present clear processes, controls, and business requirements.
• Strong project management and business analysis capabilities, with experience leading complex cross-functional initiatives.
• Ability to understand order-flow mechanics across multiple banking systems and support multi-client platform integration.
• Executive-level communication skills and the ability to build trust with clients, operations teams, product partners, and technology stakeholders.

Why This Role Is Important to Us

The team is part of State Street Global Services (SSGS). SSGS provides asset owners and managers with financial tools and servicing capabilities across custody, accounting, fund administration, shareholder recordkeeping, and operational solutions. The ETF Servicing Lead supports this mission by strengthening client delivery, operational resilience, and the scalability of our ETF servicing model.

Key Responsibilities

• Serve as the primary ETF subject matter expert for an assigned portfolio of clients, providing guidance across the full ETF lifecycle.
• Lead client onboarding for new ETFs and coordinate product launches, regulatory changes, and operational-readiness activities.
• Design and implement efficient, controlled, and scalable operating models for global ETF servicing.
• Partner with ETF Operations, Settlements, Technology, Product, and Global Delivery teams to support consistent execution and issue resolution.
• Lead requirements gathering, solution design, testing coordination, implementation, and post-implementation readiness for strategic initiatives.
• Create, review, and refine business requirements supporting enhancements to ETFGP, Fund Connect, BET, XFT, and related integrations.
• Advance platform integration and modernization to support multi-client servicing, scalable onboarding, and improved client experience.
• Champion process optimization, automation, and Global Delivery Simplification objectives while maintaining appropriate operational controls.
• Identify delivery risks, establish clear ownership and governance, and communicate decisions, dependencies, and progress to senior stakeholders.
• Provide concise, technically grounded updates to internal leadership and external partners.

Skills and Capabilities

• Professional communication: Ability to explain complex operational and technical concepts clearly to clients, executives, and delivery teams.
• Project leadership: Experience managing large-scale, cross-functional initiatives with disciplined governance, risk management, and execution.
• Business analysis: Ability to translate business needs into clear requirements, process designs, and actionable technology solutions.
• ETF product and operations knowledge: Deep understanding of ETF structures, lifecycle events, global servicing models, basket activity, and settlement processes.
• Technology and integration: Experience with ETF platforms and the ability to lead integration and modernization initiatives.
• Process and control design: Ability to document workflows, identify risks, and establish effective operational controls.
• Data analysis and problem-solving: Strong analytical skills to evaluate complex data flows, investigate issues, and improve processes.
• Stakeholder management: Ability to align global teams, manage competing priorities, and influence decisions without direct authority.
• Regulatory and risk awareness: Understanding of relevant ETF requirements and practical risk-mitigation approaches.
• Continuous improvement: A strong focus on innovation, scalability, operating efficiency, and client experience.

Education and Preferred Qualifications

• Bachelor's degree required.
• Minimum of 5 years of experience in ETF operations, ETF servicing, financial services operations, or a comparable field.
• Experience with ETFGP, Fund Connect, BET, XFT, or comparable ETF servicing platforms preferred.
• MBA or advanced degree with a focus in finance, economics, or a related field preferred.
• Demonstrated experience leading client onboarding, operational change, technology delivery, or global process transformation.

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.

Discover more at StateStreet.com/careers

Salary Range: $70,000 - $130,000 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

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.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement