ETF Transformation Analyst

U.S. Bank; Boston (MA); On-site; USD 132,000 - 156,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability benefits

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking an ETF Transformation Analyst to direct ETF operations and drive end-to-end lifecycle process improvements, including creation/redemption, baskets, AP interactions and settlement.

You will ensure deadlines and SLAs are met, maintain strong control frameworks, collaborate with Technology to advance automation, and communicate with senior management, clients and counterparties.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Eight or more years of relevant ETF/operations experience.

Responsibilities

• Direct ETF operations and end-to-end lifecycle processes.
• Ensure deadlines, SLAs, and strong control frameworks.
• Collaborate with Technology to advance automation and scalability.
• Lead root-cause analysis and sustainable remediation.
• Communicate with senior management, clients and counterparties.

Skills

ETF lifecycle

AP interactions

NSCC/DTC

Regulatory knowledge

ETF operations

Custody / Asset servicing

Project management

Communication

Leadership

Multitasking

Education

Bachelor’s degree or equivalent

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The ETF Transformation Analyst directs ETF operations and drives the transformation of end-to-end ETF lifecycle processes, applying deep primary-market expertise in creation/redemption, baskets, authorized participant (AP) interactions and settlement, including NSCC and DTC infrastructure. Accountable for high-volume daily operations, the analyst ensures deadlines and SLAs are met, maintains strong control frameworks (supervisory controls, dual approvals), ensures compliance with procedures and audit and risk requirements, and drives root-cause analysis and sustainable remediation. The role partners with Technology to advance automation and scalability and reduce manual dependencies. The analyst develops and motivates peers through succession planning, backup coverage and cross-training, fosters accountability and continuous improvement, and communicates clearly with senior management, clients and counterparties.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically eight or more years of relevant experience

Preferred Skills/Experience

• Thorough knowledge of ETF lifecycle processes, including creation/redemption, baskets, APs and settlements, plus the related market infrastructure (NSCC, DTC).
• Understanding of applicable Federal and State laws and regulations
• Experience in ETF operations, custody, asset servicing or securities operations
• Good organizational, managerial and project management skills
• Well-developed customer relations skills
• Excellent interpersonal and verbal and written communication skills
• Excellent supervisory and management skills
• Ability to manage multiple tasks

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

Benefits

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $132,260.00 - $155,600.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.