ETF Operations Specialist

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Join a dynamic team supporting the launch and ongoing success of Exchange Traded Funds (ETFs). In this role, you will prepare exchange listing documentation, coordinate reporting requirements for new ETFs, oversee daily ETF file production, and serve as a key liaison between clients, business partners, and operational teams. You'll work closely with issuers, market makers, authorized participants, and other industry partners while serving as a trusted resource on ETF operations and industry developments. The ideal candidate brings experience in ETF operations, a solid understanding of the ETF create/redeem process, NSCC requirements, exchange listing rules, and knowledge of the legal, regulatory, and accounting principles that impact the ETF industry.

Job Description :

• Prepares exchange listing documents and coordinates reporting needs for new Exchange Traded Funds(ETF).
• oversees daily production of required ETF files and serves as liaison to internal and external stakeholders.
• Works with senior level Operations Specialists on keeping abreast of industry updates and answering any operational questions that arise for all ETF clients.
• Responsible for primary contact with fund clients during ETF launches and communication of daily ETF operations to clients and other business lines within Global Fund Services.

Basic Qualifications:

• Bachelor's degree, or equivalent work experience
• Three to five years of direct experience (with project lead experience), or five to eight years of related experience

Preferred Skills/Experience :

• Two to four years of experience directly related to ETF Operations; basket production, client onboarding or trade settlement
• General knowledge of NSCC eligibility requirements, capital markets and exchange listing rules
• Understanding of ETF create/redeem process
• Experience working directly with issuers, market makers, authorized participants and sub advisors
• General knowledge and understanding of legal, regulatory and accounting principles which directly affect the ETF industry and their clients
• Experience managing multiple tasks/projects and deadlines simultaneously
• Good verbal and written communication skills
• Proficient computer skills, especially Microsoft Office applications

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here .

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $75,820.00 - $89,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.