VP, Operations Bethesda, MD

Proshares; Bethesda, Northern (MD, KY); Hybrid; USD 150,000 - 180,000; Full time

Benefits offered by this job

Competitive pay

Discretionary bonus

Paid time off

Life & Disability Insurance

401(k) matching

Spending accounts

Wellness programs

Education assistance

Corporate matching gifts

Peer recognition program

Job summary

ProShares is seeking a senior operations leader to drive execution across Operations & Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services. You will partner with senior leadership to align strategic initiatives, improve governance, and reduce risk.

You will oversee budgeting, vendor governance, process optimization, and change management, translating strategy into measurable improvements.

Qualifications

• Bachelor’s degree required; advanced degree preferred.
• 10–15+ years of experience in investment management with operations/technology exposure.
• Proven ability to lead complex cross-functional initiatives in a regulated environment.
• Strong analytical, problem-solving, and process-improvement skills.
• Excellent organizational and project-management capabilities; strong communication.

Responsibilities

• Lead strategic operational initiatives across Operations, Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services, ensuring alignment with organizational priorities.
• Translate strategic priorities into actionable plans, measurable outcomes, and sustainable operational improvements.
• Lead continuous improvement initiatives to enhance efficiency, governance, reduce risk, and improve business processes.
• Establish governance frameworks and best practices that promote consistency, scalability, and operational excellence.
• Provide executive oversight of vendor relationships, including performance management, contract governance, due diligence, and cost optimization.
• Oversee budgeting, forecasting, expense management, and resource planning across multiple functions.
• Resolve operational issues, remove barriers, and drive accountability across teams.
• Oversee shared infrastructure, systems, and controls to ensure effective operations and governance.

Skills

Leadership

Cross-functional collaboration

Operational excellence

Strategic planning

Governance

Process improvement

Project management

Budgeting & forecasting

Stakeholder management

Risk management

Execution discipline

Education

Bachelor's degree

Advanced degree preferred

Job description

ProShares now offers one of the largest lineups of ETFs, with over $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

We are seeking a highly effective leader to drive execution, operational excellence, and cross-functional alignment across the firm’s Operations & Technology organization. This role provides leadership across Operations, Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services, ensuring strategic initiatives are effectively executed, operational risks are proactively managed, and business processes continue to evolve in support of the firm’s objectives.

Working across multiple business functions, this individual will lead operational improvement initiatives, strengthen governance, optimize business processes, and enhance organizational effectiveness. This role partners closely with senior leadership while exercising significant independence in driving cross-functional initiatives, improving operational performance, and delivering measurable business outcomes.

• Lead the execution of strategic operational initiatives across Operations, Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services, ensuring alignment with organizational priorities
• Drive enterprise execution by translating strategic priorities into actional plans, measurable outcomes, and sustainable operational improvements
• Lead continuous improvement initiatives that enhance operational efficiency, strengthen governance, reduce risk, and improve the effectiveness of business processes
• Establish and maintain operational standards, governance frameworks, and best practices that promote consistency, scalability, and operational excellence
• Provide executive oversight of strategic vendor relationships, including performance management, contract governance, due diligence, and cost optimization
• Oversee departmental financial planning activities, including budgeting, forecasting, expense management, and resource planning across multiple functional areas
• Ensure timely execution of strategic commitments by proactively resolving operational issues, removing execution barriers, and driving accountability across teams
• Provide oversight for shared operational infrastructure, business systems, vendor platforms, and administrative controls to ensure effective operations, appropriate governance, and strong delivery
• Lead change management efforts by synthesizing user feedback, identifying adoption challenges, and translating insights into actionable enhancements to processes, systems, and workflows
• Foster collaboration across business functions by aligning stakeholders, resolving cross-functional challenges, and promoting effective execution of enterprise initiatives
• Lead high-impact operational initiatives and organizational projects that support the firm’s strategic objectives and long‑term growth

What Sets This Role Apart:

• Unique blend of strategy, execution, and operational oversight across multiple departments
• High visibility role partnering directly with senior leadership on firm priorities
• Broad exposure to operations, technology, portfolio, and vendor ecosystems
• Opportunity to shape processes, improve efficiency, and influence how the organization operates at scale

What You Bring:

• Bachelor’s degree required; advanced degree preferred
• 10–15+ years of experience in investment management, with exposure to operations, portfolio operations, and/or technology
• Demonstrated success leading complex cross-functional initiatives and influencing outcomes across multiple business functions in a highly regulated investment management environment
• Strong analytical and problem-solving skills, with a focus on process improvement
• Exceptional organizational and project management capabilities
• Demonstrated ability to balance strategic thinking with operational execution while driving organizational performance and continuous improvement
• Strong communication skills with the ability to influence without formal authority
• Demonstrated ability to coordinate across teams and drive alignment
• High level of accountability, ownership, and follow-through

Success at ProShares:

Success in this role requires an accomplished operations leader who can influence across organizational boundaries, establish operational discipline, and drive execution of enterprise priorities. The successful candidate will build strong partnerships across the organization while exercising sound judgment, fostering accountability, improving operational effectiveness, and delivering measurable outcomes in a dynamic investment management environment.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $150,000-$180,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

• Competitive pay and discretionary bonus
• Paid time off
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Additional Programs include peer recognition, corporate matching gift

These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.