ETF Settlements, Officer
Core
Execute and monitor settlement of ETF orders (in-kind and cash) through CSDs and DTC/NSCC, ensuring proper DVP/FoP flows and resolving settlement fails.
Role type
mid-level operational specialist (ETF settlements)
Builds
accurate post-trade execution for primary-market ETF creations and redemptions
Domain
financial services / ETF servicing
Required skills
in-kind basket workflows, cash DVP, NSCC/DTC settlement, international CSDs, reconciliation, operational controls
Preferred skills
ETF servicing experience, Fund Connect, ETFGP, Enlighten
Technologies
Fund Connect, ETFGP, Enlighten, Excel
Responsibilities
Execute and monitor settlement of ETF orders (in-kind and cash) through CSDs and DTC/NSCC, ensuring proper DVP/FoP flows; Validate order confirmations, reconcile ETF shares and basket components, and resolve settlement fails and cash breaks promptly; Coordinate settlement instructions with APs, brokers, and custodians; Calculate and verify create/redeem fees, collateral requirements, and ensure accurate posting to custody and fund records; Prepare daily/weekly reporting, track operational metrics, and support process improvement initiatives.
Seniority
Mid-level, hands-on IC