VP, ETF Basket Operations & Platform Excellence

State Street; Sacramento (CA); On-site; USD 110,000 - 181,000; Full time

Benefits offered by this job

401K with company match

Insurance coverage (medical/dental/vis

Paid time off (vacation/sick/leaves)

Employee Assistance Program

Incentive compensation

Job summary

State Street is seeking a Vice President to lead ETF Basket Operations, overseeing end-to-end basket production, risk management, and scalability. The role partners with Fund Accounting, Transfer Agency, Technology, and Client Service to drive operational excellence and growth initiatives.

You will guide daily production, manage escalation of complex issues, and lead teams across global locations to ensure timely and compliant operations.

Qualifications

• 10+ years of ETF Operations or Basket Operations experience.
• Deep understanding of ETF primary market mechanics, baskets, PCFs, NSCC processes, and settlement flows.
• Proven experience leading large operational teams in high-volume, time-sensitive environments.
• Strong knowledge of corporate actions, income processing, cash-in-lieu, and related ETF processing impacts.
• Demonstrated ability to partner with Technology, Trading, Fund Accounting, and Transfer Agency teams.
• Experience supporting audits, regulatory reviews, and senior management governance forums.

Responsibilities

• Provide senior oversight of daily ETF creation and redemption basket production and PCFs production.
• Own escalation and resolution of complex basket issues.
• Partner with Technology and Product teams on platform enhancements, control automation, and basket process modernization.
• Own the operational risk framework for Basket Operations, ensuring adherence to procedures and escalation standards.
• Ensure strong audit, regulatory compliance including issue remediation and management action plans.
• Lead and develop managers and senior staff across Basket Operations; foster accountability and continuous improvement.
• Promote cross-training and resiliency across global locations to support business continuity.

Skills

ETF Operations

Basket Operations

Leadership

Risk Management

Cross-functional Collaboration

Regulatory Knowledge

Financial Analysis

Education

Bachelor's degree in Finance/Accounting/Economics/Business

MBA, CFA, CAIA or related

Job description

State Street is seeking a Vice President to lead ETF Basket Operations, overseeing end-to-end basket production, risk management, and scalability. The role partners with Fund Accounting, Transfer Agency, Technology, and Client Service to drive operational excellence and growth initiatives.

You will guide daily production, manage escalation of complex issues, and lead teams across global locations to ensure timely and compliant operations.