Full-Time

Digital Asset ETF Specialist

ETF Specialist, Assistant Vice President

Updated on 8/21/2026

Deadline 9/21/26
State Street

State Street

10,001+ employees

Asset management and custody for institutions

Compensation Overview

$70k - $130k/yr

+ Annual performance-based incentive compensation + 401(k) company match

Company Historically Provides H1B Sponsorship

Quincy, MA, USA

In Person

Bachelor's

Category
Business & Strategy (2)
,
Required Skills
Blockchain
Risk Management

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Requirements
  • Knowledge of ETF systems, data flows, and the overall ETF operating model.
  • Ability to escalate risks and decision points quickly to appropriate functional, digital, and project leadership stakeholders.
  • Ability to review and vet a new operating model for viability and alignment with existing infrastructure.
  • Experience executing on a project as a critical stakeholder, including time management and multitasking.
  • Experience in ETF operations and strong working knowledge of day-to-day ETF responsibilities and processes.
  • A bachelor's degree in Finance, Accounting, or a related discipline.
  • Ability to develop new ways of working when faced with unknown challenges.
  • Ability to communicate and escalate effectively.
  • Ability to collaborate effectively across functions and with external stakeholders.
Responsibilities
  • Participate in workstreams as an ETF subject matter expert for digital asset operations across a portfolio of value streams to deliver digital asset capabilities.
  • Foster alignment between value streams, manage interdependencies, and deliver value at an organizational level.
  • Establish risk control procedures to ensure risk excellence across all capabilities.
  • Partner with testing teams to develop, test, and enhance capability development in user acceptance testing and production.
  • Manage risks, resources, and stakeholder communications across the workstream.
  • Provide regular communication and reporting updates on workstream delivery to functional leadership teams and digital asset operations leadership teams.
  • Share knowledge and expertise about current operational workflows, maintain alignment with ETF leadership and digital asset operations leadership, escalate concerns to functional leadership, and obtain approvals for new models.
Desired Qualifications
  • Hands-on experience with digital assets and wallets, distributed ledger technology, and tokenization.

State Street provides asset management and custody banking services for institutional investors worldwide, with State Street Global Advisors managing portfolios and offering advisory services. It generates revenue from asset management fees, transaction fees, and custody/administration fees, plus income from its own investments and lending activities. The company differentiates itself through its global scale and focus on institutional clients, offering integrated asset management, custody, administration, research, and trading across a broad network. Its goal is to help institutional clients meet their financial objectives by delivering comprehensive investment, risk management, and custody solutions on a global platform.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1792

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Simplify Jobs

Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue rose 17% to $4.0 billion, with record profitability and AUC/A.
  • State Street won $384 billion of new servicing AUC/A in second-quarter 2026.
  • The company targets $1 billion annual run-rate transformation benefits by 2029, boosting margins.

What critics are saying

  • 2026 transformation needs roughly $500 million severance and low-single-digit headcount cuts.
  • July 2026 integration of Santander CACEIS Latam depends on regulators, consultations, and 2027 closing.
  • Custody banking concentration exposes State Street to fee compression if BlackRock, J.P. Morgan, or BNY win mandates.

What makes State Street unique

  • State Street controls $57.9 trillion AUC/A and $6.3 trillion AUM as of June 30, 2026.
  • July 2026 Santander CACEIS Latam acquisition deepens custody reach in Brazil, Mexico, and Colombia.
  • June 2026 tokenization and stablecoin fund launches position State Street inside digital asset infrastructure.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus

Company News

RWATimes
Aug 20th, 2026
State Street SPDR S&P 500 ETF Tokenized bStocks price today, SPYB to USD chart, marketcap and volume | CryptoSlate.

State Street SPDR S&P 500 ETF Tokenized bStocks price today, SPYB to USD chart, marketcap and volume | CryptoSlate. Thursday, august 20, 2026. SPDR S&P 500 ETF Tokenized bStocks (SPYB) is a blockchain-based asset providing tokenized exposure to the S&P 500 ETF. * State Street has launched the SPDR S&P 500 ETF Tokenized bStocks (SPYB), a blockchain-based asset offering economic exposure to the S&P 500 ETF. * SPYB aims to bridge traditional exchange-traded fund exposure with digital asset infrastructure, allowing users to access the performance of a diversified portfolio of large-cap U.S. companies via a tokenized format. * The tokenization of this ETF highlights the growing trend of bringing traditional financial products onto blockchain networks, though investors should be aware of specific risks associated with tokenized securities. Topics: Asset types, Institutional adoption, Public market, Financial instruments, Asset manager initiatives, Stock equity tokenization

AktienSensor
Aug 9th, 2026
State Street launches Series L perpetual preferred stock with 500,000 depositary shares offering

State Street Corporation has launched a public offering of 500,000 depositary shares, each representing one-hundredth of a Series L perpetual preferred stock share. The new Series L class features fixed-rate reset dividends aligned with risk-free rates. The company filed a Form 8-K on 5 August 2026 detailing the preferred stock amendments and offering structure. The depositary shares allow both institutional and retail investors to access the Series L preferred stock without committing to full shares, potentially broadening the investor base. State Street also announced it is changing its fiscal year to align with the calendar year, improving comparability with industry peers and streamlining tax filings. The company confirmed compliance with SEC regulations and reported no material adverse events. The perpetual structure provides State Street with capital structure flexibility whilst offering investors long-term income opportunities.

Crypto Reporter
Aug 7th, 2026
BlackRock positions tokenized cash for the stablecoin era.

BlackRock positions tokenized cash for the stablecoin era. BlackRock is expanding deeper into tokenized finance, this time targeting one of the fastest-growing opportunities created by U.S. stablecoin regulation: managing the assets that sit behind digital dollars. The world's largest asset manager has introduced two blockchain-based money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. The first, BlackRock Select Treasury Based Liquidity Fund, or BSTBL, is a tokenized share class of an existing BlackRock money market fund. Shares are available on Ethereum, giving institutional investors blockchain-based access to a traditional Treasury-focused liquidity product. The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV, is a newly created money market fund designed specifically with stablecoin reserves in mind. It offers daily dividend reinvestment and is being made accessible across multiple blockchains. Securitize serves as its transfer agent and tokenization provider. The launches point to a potentially significant consequence of stablecoin regulation. Stablecoin issuers generally need highly liquid, low-risk assets backing the tokens they put into circulation. Under the U.S. regulatory framework, that means instruments such as cash, Treasury securities and qualifying investment products. For large asset managers, those reserve requirements create a new pool of institutional money to manage. BlackRock has made clear that it wants a significant role in that market. The company already manages about $60 billion in reserves for Circle, the issuer of USDC, according to comments from BlackRock Chief Financial Officer Martin Small during its second-quarter earnings call. That represents a substantial share of a stablecoin market now valued at roughly $300 billion. BlackRock is not entering tokenized finance from scratch. In 2024, it launched the BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, with Securitize. The tokenized money market fund has since grown to approximately $2.5 billion in assets and has increasingly been used within crypto markets as collateral. BSTBL and BRSRV take the strategy a step further. Instead of simply putting an investment fund on a blockchain, BlackRock is positioning tokenized funds as part of the financial infrastructure supporting regulated stablecoins. The opportunity has also attracted competitors. State Street, Franklin Templeton, Invesco and other large asset managers are developing products aimed at the growing market for stablecoin reserves and tokenized cash. This could create an unusual relationship between traditional asset management and digital currencies. Stablecoins are sometimes portrayed as competitors to traditional finance because they can move money outside conventional banking and payment networks. Yet their growth may simultaneously create demand for some of Wall Street's most traditional products: Treasury securities and money market funds. Tokenization adds another layer. Reserve assets themselves can increasingly exist in blockchain-compatible form, potentially allowing issuers to manage liquidity, collateral and settlement within the same digital infrastructure used for stablecoins. BlackRock has argued to U.S. regulators that tokenized versions of eligible reserve assets should not face additional limits merely because they are recorded on a distributed ledger. The company maintains that credit quality, duration and liquidity - rather than the underlying technology - should determine an asset's risk. That position offers a clue to where the market may be heading. Stablecoins may be crypto-native products, but the infrastructure beneath them is rapidly becoming institutional. As regulation defines what issuers can hold, major asset managers are competing to manage those reserves and bring them on-chain. BlackRock's latest launches suggest that the stablecoin boom may ultimately create as much opportunity for traditional finance as it does for crypto companies.

Kalkine Media
Aug 6th, 2026
State Street Corporation Acquires 5.01% Stake in Kingsgate Consolidated as Substantial Holder

Catch the latest updates from Australia's premier stock exchange & market indices.

Kalkine Media
Aug 6th, 2026
State Street Corporation Acquires 5.01% Stake in Mesoblast Limited, Becoming a Substantial Shareholder

Catch the latest updates from Australia's premier stock exchange & market indices.