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State Street

Holds assets for institutions and runs index funds

Global ETF Operations & Client Service - SVP

Business & StrategyUpdated on Nov 12
Full-timeQuincy, MA, USAIn-person

About the Job

Requirements

  • At least 15 years of experience in ETF operations, custody, fund administration, transfer agency, capital markets, or asset servicing.
  • Demonstrated experience leading large-scale ETF servicing and operational teams.
  • Deep knowledge of ETF lifecycle processes, including basket creation and redemption, Authorized Participant servicing, settlements, fund launches, and custody operations.
  • Proven experience leading complex technology transformation and operating model redesign initiatives.
  • Executive presence and experience managing senior client and industry relationships.
  • Experience managing global organizations across multiple regions and time zones.

Responsibilities

  • Define and execute the vision for the global ETF servicing and operating model.
  • Lead the evolution of a scalable, globally integrated ETF servicing organization across North America, EMEA, APAC, and India.
  • Drive continuous improvement, automation, and simplification initiatives to support growth in ETF assets, clients, fund launches, and transaction volumes.
  • Partner with executive leadership to develop long-term strategic plans and investment priorities.
  • Serve as the senior operational executive for ETF issuer relationships.
  • Lead client service strategy and governance for key ETF clients.
  • Oversee service reviews, key performance indicator reporting, issue management, and escalation processes.
  • Partner with Relationship Management and Product teams to identify opportunities for growth and enhanced client experience.
  • Ensure consistent delivery of high-quality service and operational excellence across the client base.
  • Lead all aspects of ETF onboarding, including new client implementations, fund launches, conversions, and product expansions.
  • Establish scalable onboarding frameworks, governance standards, and implementation methodologies.
  • Coordinate cross-functional teams through design, testing, launch, and production readiness activities.
  • Ensure successful integration of client requirements across servicing, accounting, custody, transfer agency, and technology platforms.
  • Serve as the business sponsor for ETF technology strategy and modernization initiatives.
  • Drive development and deployment of automation, workflow tools, exception-based processing, operational controls, and straight-through processing solutions.
  • Partner with Technology, Product, and Operations leadership to define future-state architecture and strategic roadmaps.
  • Champion initiatives supporting ETFGP, Fund Connect, Alpha, onboarding platforms, settlement automation, basket production, and data management capabilities.
  • Promote scalable, digitized, and exception-driven operating models that reduce risk and improve client outcomes.
  • Maintain accountability for daily ETF servicing operations, including basket production, order management, Authorized Participant support, settlements, cash and security reconciliations, exception management, and new fund launches.
  • Establish strong control frameworks and operational governance.
  • Ensure compliance with regulatory requirements, market infrastructure expectations, and internal risk standards.
  • Drive root-cause remediation and sustainable process improvements across the platform.
  • Lead and develop a global team of ETF operations, onboarding, client service, and servicing professionals.
  • Build a high-performing culture centered on accountability, innovation, client focus, and continuous improvement.
  • Develop leadership succession plans and organizational capabilities to support future growth.
  • Foster collaboration across global locations and business units.
  • Deliver client satisfaction and retention, successful onboarding and launch of new ETF clients and funds, operating-model scalability, operational risk reduction and control effectiveness, technology delivery and automation outcomes, productivity improvements and cost efficiency, employee engagement and talent development, and growth and competitiveness of the ETF servicing franchise.

Desired Qualifications

  • Knowledge of ETFGP, Fund Connect, NSCC, DTCC, Fund Accounting, Transfer Agency, Custody, and Alpha platforms.
  • Experience supporting large ETF issuers and complex ETF structures.
  • Background in operational risk management, regulatory oversight, and strategic business transformation.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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