POSITION:
Product Operations / Structuring Specialist
Our client is the biggest independent ETP provider globally and offer one of the most innovative ranges of ETPs, covering commodities, currencies, equities, fixed income and cryptocurrencies.
An exciting opportunity has come up to join the Product operations team as Structuring Specialist. The successful candidate will leverage his/her experience in related roles to join a highly capable team managing the operations of approximately $30bn in assets under management in over 250 Exchange Traded Products, across a range of asset classes (including equities, commodities, crypto, FX, etc.) and structures (including physically / synthetically backed ETNs and ETFs).
KEY DETAILS:
REGION: Europe
LOCATION: London or Dublin
JOB TYPE: Hybrid
RESPONSIBILITIES:
Day to day management and/or close oversight of the daily operations of European product set. This includes overseeing tracking error, validating pricing of various instruments, collateral calculations, and ensuring that accurate information is being disseminated to the market.
Lead project management & business analysis for various projects including new product launches, product enhancements, and other operational initiatives.
Assisting with product design and structuring, setting up new operational frameworks and business processes internally and with external counterparties.
Managing relationships with key partners (investment managers, administrators, custodians. etc.) and liaising with others (exchanges, index providers etc.) as relevant throughout products’ life cycle and as issues come up.
Driving efficiencies in the product complex through evaluation of existing business processes, best practices, automation and/or vendor management.
Monitoring operational risk and counterparty risk across the platform, devising and executing plans to reduce risk.
Be an escalation point for issues – troubleshooting issues as wide as portfolio management, issues at any point of the creations/redemptions process, ETP prices or NAVs, information disseminated to the market (e.g., PCFs, index files), drawing on knowledge, experience and excellent judgement.
Be an escalation to resolve complex problems related to prices and NAVs, including NAVs and any key operations information related to the ETF and ETN platforms benchmark index data, PCFs, underlying security pricing for funds, FX rates, collateral, accrued interest, dividends and tracking error.
Build relationships across internal (product development, portfolio managers, research, finance, legal and compliance) and external (administrators, transfer agents, custodians, designated brokers and approved participants, exchanges, external auditors and data providers) counterparties.
QUALIFICATIONS:
- Degree level education, ideally in quantitative subject – mathematics, finance, physics, computer science, engineering etc.
- 3+ years’ experience in relevant roles in financial / crypto operations, fund accounting, portfolio management, trade support or product structuring
- Demonstrated ability to understand highly complex products and apply quantitative techniques as part of oversight, including basic financial math (returns / standard deviations, compounding etc.)
- Superior proficiency in Excel is a must, with an ability to analyse large financial data sets in Excel using pivot tables, array functions (index, match, vlookup etc.) etc.
- ETF experience – highly desirable
- Experience with operations of futures, total return swaps and/or structured products –highly desirable
- Experience with crypto operations – highly desirable
- Breadth of asset class experience (commodities, equities, fixed Income, FX) – desirable
BENEFITS:
- Generous Pension
- Educational Reimbursement
- Charitable Giving
- Generous medical coverage
- Robust parental leave
- Health and well being programs
- Volunteer experiences
- Work Smart
SOUND LIKE THE JOB FOR YOU?
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