VP Portfolio Manager, Options-Based ETFs

State Street Investment Management; Boston (MA); On-site; USD 120,000 - 203,000; Full time

Job summary

State Street Investment Management is seeking an experienced Portfolio Manager to join our ETF investment team, focusing on options-based ETFs in the Americas. You will manage ETF portfolios, oversee basket activity and fund operations, and partner across trading, product, compliance and risk to deliver client outcomes.

You will drive product development and quantitative research, develop new investment concepts in options-based investing, and help scale our platform as we expand buffer ETFs and

Qualifications

• Experience managing options-based strategies, buffer ETFs, covered call ETFs, structured outcome products, or related investment solutions.
• Strong knowledge of listed options, derivatives, volatility markets, and portfolio risk management.
• Demonstrated ability to manage complex portfolios and make sound investment decisions in dynamic market environments.
• Exceptional analytical and problem-solving skills.
• Strong attention to detail and commitment to operational excellence.
• Excellent communication and collaboration skills.

Responsibilities

• Serve as a portfolio manager for ETF strategies including options and swap-based, and outcome-oriented solutions.
• Oversee daily portfolio management activities: monitoring, rebalancing, trading, cash management, and risk oversight.
• Monitor exposures, derivatives positions, liquidity, and risk metrics to align with objectives and guidelines.
• Support trading across equities, ETFs, listed options, FLEX options, and related instruments.
• Partner with Product Development to design, launch, and enhance innovative ETF solutions.
• Research and develop concepts focused on options-based investing, income generation, and downside protection.
• Evaluate competitive products and identify opportunities within the ETF marketplace.
• Collaborate with index providers and research partners on benchmarks and methodologies.

Skills

Options strategies

Portfolio management

Derivatives investing

Quantitative investing

Indexing

CFA in progress

Education

CFA designation in progress

Tools

ETF trading workflows

ETF creation/redemption baskets

Quant backtesting frameworks

Job description

State Street Investment Management is seeking an experienced Portfolio Manager to join our ETF investment team, focusing on options-based ETFs in the Americas. You will manage ETF portfolios, oversee basket activity and fund operations, and partner across trading, product, compliance and risk to deliver client outcomes.

You will drive product development and quantitative research, develop new investment concepts in options-based investing, and help scale our platform as we expand buffer ETFs and