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BNY

Safeguards and moves assets for investors

Vice President, Exchange Traded Funds Basket Services

Operations & LogisticsConfirmed live in the last 24 hours
Full-timeDublin, IrelandNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in accounting or an equivalent combination of education and experience is required.
  • Experience in management is preferred.
  • Big 4 accounting firm experience is preferred.
  • Ability to hire, motivate, and develop staff and support their growth, professional development, and ability to function effectively is required.
  • Exceptional stakeholder management with issuers, authorized participants, market makers, depositories, and internal partners is required.
  • At least five years of experience in transfer agency, ETF operations, primary market execution, or related post-trade functions is required.
  • At least five years of experience leading managers and multidisciplinary operations teams is required.

Responsibilities

  • Provide oversight of staff responsible for basket services for assigned clients, including Portfolio Composition File preparation; creation and redemption order processing; cash and in-kind settlement arrangements; unit settlement arrangements; authorized participant inquiries; Continuous Net Settlement; rebalancing processing; collateral processing; and profit and loss calculations.
  • Manage relationships with assigned clients and resolve escalated issues related to basket production.
  • Direct and set priorities for processes that check the completeness and accuracy of financial-statement disclosures, guide the team to maintain records in accordance with departmental policies and procedures, and resolve escalated issues from team members.
  • Evaluate rules to determine the impact of new regulations on basket services practices and guide the team in implementing policies to comply with regulations.
  • Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
  • Lead working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.
  • Ensure robust incident management, root-cause analysis, corrective and preventive actions, and sustainable control design in partnership with Compliance, Risk, and Audit.
  • Maintain procedure libraries, risk and control inputs, business continuity, and testing cadence, and uphold data privacy and information security standards.
  • Support new product launches, conversions, and ETF share-class implementations by defining requirements, readiness criteria, and cutover plans.
  • Represent operations in working groups, governance forums, and client roadshows.

Desired Qualifications

  • Big 4 accounting firm experience.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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