ETF Create/Redeem Specialist
- New York, NY
Come and join us as an ETF Create/Redeem Specialist by joining the Portfolio Trading Facilitation Team in Macquarie Capital. If you are highly motivated, and someone who wishes to help craft and shape this new initiative, we want to hear from you.
Come and join us as an ETF Create/Redeem Specialist by joining the Portfolio Trading Facilitation Team in Macquarie Capital. If you are highly motivated, and someone who wishes to help craft and shape this new initiative, we want to hear from you.
In this role you will assist in expanding Macquarie's footprint within Exchange Traded Funds (ETF). To that end, you will collaborate with colleagues in Portfolio Trading, Middle Office, and Technology in the US and around the globe.
To be successful in this role you will have some or all the below work experiences.
- 5+ years of experience in creation/redemption activity in US listed ETFs with global equities exposure
- Experience in servicing market makers and institutional clients
- Have traded global equities and FX markets
- Strong understanding of the full life cycle when creating or redeeming US listed ETFs
- Be acquainted with the various risks associated to create/redeem activity. These risks include but are not limited to treasury, credit, market, operational and compliance risks
- Familiar with the ETF issuers community, both capital markets and trading
- Be able to provide ETF pricing from the creation and redemption angle (NAV, IOPV)
- Support the internal sales and trading team on all aspects of ETFs (both Secondary and Primary)
- Work with IT to improve the current ETF create/redeem infrastructure
- Participate in industry leading panels, conferences and working group discussion
- Understanding the dynamics of index rebalancing
- Strong middle and back offices functional knowledge
- Series 7, 63 and 55
- Good scripting and programming skills in languages such as Python, C++, BI tools including advanced excel would be a plus
About Macquarie Capital
Macquarie Capital offers global capability in M&A Advisory, Debt and Equity Capital Markets, Principal Finance, and Equity Trading and Research underpinned by deep specialist expertise across a range of sectors. Our people are empowered to think innovatively to address client challenges and originate opportunities, thinking beyond individual transactions to become a trusted adviser and partner over the long haul. From origination to execution, our unique combination of ideas, capital and expertise is transforming opportunity into reality for our clients and partners around the world.
With staff in 35 offices transacting across 31 countries, Macquarie Capital is a truly global business. A role in the team will expose you to a dynamic working environment and the opportunity to contribute to high-profile transactions whilst working in a business with the best people in the industry. Macquarie received 2020 World's Best Investment Bank in Infrastructure award by Global Finance.
Our commitment to Diversity and Inclusion
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We recognize that flexibility comes in a variety of forms. Talk to us about what flexibility you need.
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