ETF Capital Markets Specialist - New York, United States - State Street

Description

At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress.

As the asset management arm of State Street Corporation, we share in the corporate mission to help create better outcomes for the world's investors and the people they serve. We are the creator of the world's first ETFs and an indexing pioneer. Over the past 40 years we have built a universe of index and active strategies across asset classes to help our clients, and those who rely on them, achieve their investment goals.

This role will be responsible for assisting in our business development efforts with liquidity providers within our US ETF SPDR Capital Markets Group. More specifically, this individual will help manage our Tier 1 bank broker dealer and market making relationships, identifying opportunities to align on business priorities and increase the use of SPDR ETFs. This individual will engage with various trading desks to garner support and drive value for the SPDR business.

As Capital Markets Specialist, you will:

• Assist in relationship management for Tier 1 liquidity provider partners – engaging with issuer relationship managers, ETF / portfolio, delta one, securities financing, and fixed income sales and trading desks
• Drive support for SPDR ETFs in the form of new product seed capital, liquidity provision, and distribution
• Increase the use of SPDR ETFs on various trading desks at banks
• Assist in expansion of coverage to Tier 2 liquiity providers to obtain capital commitment / liquidity in SPDR ETFs
• Assist in projects and working groups, both internal and external, involving the Capital Markets Group
• Develop ETF Capital Markets thought leadership on market quality and liquidity in ETFs

Client Segment

• Liquidity Providers and Authorized Participants
• ETF Sales & Trading, Equity Portfolio Sales & Trading, FICC Sales & Trading, and where applicable, Delta One and Equity Derivative Sales & Trading and Prime Brokerage
• Regional and Global Relationship Management teams at banks

Internal Partnerships

• Deliver risk excellence and support the business as a whole through internal and external relationship development
• Collaborate with teams across SSGA and other State Street business divisions to maximize liquidity provider relationships
• Facilitate an understanding of the Americas' SPDR business and its strategy and priorities across key internal partners
• Specific to the SPDR Business, you will work collaboratively with:
  • Distribution
  • Client Enablement
  • Marketing
  • Product

Education & Preferred Qualifications:

• 5+ years of sales, trading, or ETF capital markets experience
• Very strong markets background; you have solid understating of the dynamics that drive capital markets
• Ability to engage with broker dealer community on market and trading related topics
• Knowledge of equity derivatives a plus
• You are a good influencer and have strong partnering skill - with clients and stakeholders
• Proficient with Bloomberg, Microsoft PowerPoint and Excel
• You have professional curiosity to identify and drive improvements and opportunities with a willingness to get into the detail and frame the solution
• Ability to learn quickly and demonstrate industry and product knowledge
• Ability to build relationships within our team, across our organization, and with our clients
• Enthusiasm for the industry, a positive attitude, and a drive to succeed
• You have strong ethics and integrity with a strong risk radar and dedicated approach to resolve issues
• You are confident and credible to achieve consensus with both internal and external parties, with well-rounded communication skills to enable articulation of complex matters in straight-forward manner
• You will possess excellent verbal and written communication skills
• You have a willingness to roll up your sleeves and get the job done
• Highly motivated, proactive, team player

Are you the right candidate? Yes

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world's governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world's largest asset managers with trillions of dollars under our care.

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Company: State Street Global Advisors

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.