Fund Accounting Manager, ETF Operations

Apex Group; New York (NY); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Four days in office

Job summary

Apex Group is seeking a Fund Accounting Manager to join our Operations team with a focus on Exchange-Traded Funds (ETFs) in New York. This role requires 3+ years of ETF operations experience and 5-7+ years in the industry, with a hands-on focus on daily operations, issue resolution, and control improvements.

You will manage ETF creation/redemption processes, settlements, AP relationships, and P&L calculations, with InvestOne experience preferred.

Qualifications

• 3+ years of direct ETF operations experience.
• 5-7+ years of total relevant industry experience.
• Experience with InvestOne Accounting platform would be preferred.
• Strong understanding of ETF lifecycle events and operational processes.
• Experience working with Authorized Participants and external counterparties.

Responsibilities

• Process ETF creation and redemption orders in the primary market.
• Manage creation and redemption settlements, including cash and in-kind transactions.
• Coordinate ETF unit settlements and maintain relationships with Authorized Participants.
• Respond to AP inquiries related to creation and redemption activity.
• Support CNS operations related to ETF trading and settlement.
• Manage and support ETF rebalance activity.
• Process ETF collateral and perform related P&L calculations.

Skills

ETF operations

Attention to detail

Communication skills

Multitasking

Team collaboration

Tools

InvestOne Accounting

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide. Your career with us should reflect your energy and passion.

That's why, at Apex Group, we will do more than simply 'empower' you. We will work to supercharge your unique skills and experience.

Take the lead and we'll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Job Overview

Apex Group is seeking a Fund Accounting Manager to join our Operations team with a focus on Exchange-Traded Funds (ETFs). This role is ideal for an experienced ETF operations professional who brings strong technical knowledge, attention to detail, and the ability to work effectively with internal teams, clients, and Authorized Participants.

The successful candidate will have at least 3+ years of ETF operations experience and 5-7+ years of overall relevant industry experience. This is a hands-on role with responsibility for daily operational activities, issue resolution, and supporting operational controls.

Key Responsibilities:

ETF Operations

• Process ETF creation and redemption orders in the primary market
• Manage creation and redemption settlements, including cash and in-kind transactions
• Coordinate ETF unit settlements and maintain effective relationships with Authorized Participants (APs)
• Respond to AP inquiries related to creation and redemption activity
• Support CNS operations related to ETF trading and settlement
• Manage and support ETF rebalance activity
• Process ETF collateral and perform related P&L calculations

Fund Operations & Controls

• Apply working knowledge of mutual fund accounting, particularly as it relates to ETF structures
• Demonstrate understanding of custodial processes specific to ETFs
• Investigate and resolve transaction services and operational issues
• Maintain operational controls and review work completed by junior staff
• Participate in system enhancements, testing, and process improvements
• Provide informal training and on-the-job guidance to new or junior team members as needed

Qualifications & Experience

• 3+ years of direct ETF operations experience
• 5-7+ years of total relevant industry experience
• Experience with InvestOne Accounting platform would be preferred
• Strong understanding of ETF lifecycle events and operational processes
• Experience working with Authorized Participants and external counterparties
• Strong attention to detail with a methodical, well-organized approach
• Excellent written and verbal communication skills
• Proven ability to manage multiple priorities and meet deadlines
• Strong interpersonal skills and ability to work effectively in a team environment

Salary ranges from USD 100,000 to USD 120,000. Compensation within this range is dependent on individual's skills, experience and qualifications.

We pride ourselves in our commitment to fostering a connected and inclusive culture, all our opportunities at Apex have four (4) days in office requirement.

Additional information:

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please https://www.apexgroup.com/corporate-social-responsibility/