At a Glance
- Tasks: Lead and oversee daily ETF operations, ensuring smooth execution from trade initiation to settlement.
- Company: Join a leading asset management firm with a global presence and innovative ETF solutions.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make a tangible impact in the dynamic world of ETFs while leading a passionate team.
- Qualifications: 7-10 years in ETF operations with strong analytical and communication skills.
- Other info: Engage with global stakeholders and enhance operational efficiencies across multiple regions.
The predicted salary is between 72000 - 108000 ÂŁ per year.
The Global Head of ETF Operations will provide support and work directly with AB’s growing global ETF team, performing a pivotal role in coordinating and overseeing the daily operational activities associated with the firm’s comprehensive range of Exchange‑Traded Funds (ETFs). This position is essential for ensuring the smooth execution of the ETF product lifecycle, from trade initiation to settlement, while fostering robust relationships with both internal and external stakeholders, including Authorized Participants (APs), market makers, and custodians. The role will be instrumental in mitigating operational risks, enhancing process efficiencies, and ensuring compliance with regulatory standards across various international jurisdictions. The candidate will lead the ETF Operations team and support an expanding global suite of ETF products.
This individual will interact with the various investment groups, operations teams, ETF Capital Markets Team and external custodians/administrators for AB’s ETFs. We are looking for individuals who enjoy being challenged, solving problems, building new businesses and want to make an immediate and tangible impact. Ideal candidate will be a player/coach with deep ETF operational knowledge who is responsible for managing daily functions and build outs while leading a close‑knit, high‑impact group of individuals who are passionate about the ETF markets.
The key job responsibilities include, but are not limited to:
- Operational Leadership
- Lead global team to ensure that AB develops best in class ETF operational workflows across markets.
- Work with ETF leadership to strategically build out local ETF businesses around the world.
- Act as the primary contact for ETF‑related queries for local management and global teams.
- Lead cross‑functional meetings and manage project plans for ETF launches.
- Manage and train team members on ETF operations.
- Daily Operations
- Oversee and manage the complete ETF lifecycle, encompassing order placement, corporate actions, basket creation and redemption, trade booking, and transaction settlement.
- In‑depth understanding of the niche global servicing of ETF products and ETF share class processes.
- Supervise the daily generation of essential ETF files (e.g., Portfolio Composition Files (PCFs)), monitor incoming cash receipts and collateral, and ensure the accurate and timely processing of transactions.
- Partnering with global fund accounting regarding NAV, distribution reporting, etc.
- Investigate and resolve complex inquiries from counterparties regarding trade and settlement activities, as well as operational issues, conducting root cause analyses to prevent future occurrences.
- Develop and maintain standard operating procedures (SOPs) and coordinate training sessions for staff on updated processes and best practices.
- Risk & Compliance
- Identify operational risks and implement mitigation strategies.
- Ensure adherence to global standards for product reporting and compliance.
- Prepare performance metrics and compliance reports for management and internal committees.
- Innovation & Efficiency
- Develop and implement process improvements to streamline ETF operations.
- Assess system architecture and feasibility for ETF‑specific workflows.
- Help develop new global infrastructure, enhance existing infrastructure, and create global standards and efficiencies.
- Industry Engagement & Relationship Management
- Cultivate and sustain strong relationships with the global ETF ecosystem including Authorized Participants (APs), market makers, custodians, and other external vendors.
- Participate in ETF industry events and apply best practices to AB’s workflows.
- Reporting & Analytics
- Produce recurring ETF business reports (primary and secondary market data, capital markets reports, board reporting).
- Support product teams with metrics and analytics for informed decision‑making.
What makes this role unique or interesting: This position offers the opportunity to solve business issues and contribute to business and operations success. This role will have operational oversight of AB’s growing ETF business throughout the US, EMEA and APAC regions.
Qualifications, Experience, Education
- Bachelor’s degree in finance, accounting, or related fields
- 7‑10+ years of work experience in ETF Operations within Asset Management, Fund Accounting or Custody
- Comprehensive understanding of the ETF ecosystem and operational workflows
- Knowledge of fixed‑income and equity markets
- Excellent communication and interpersonal skills to collaborate effectively with global teams.
- Exceptional analytical and problem‑solving abilities, with keen attention to detail.
London, UK
Global Head of ETF Operations in London employer: AllianceBernstein
Contact Detail:
AllianceBernstein Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Head of ETF Operations in London
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the ETF space. Attend industry events, join relevant online forums, and don’t be shy about reaching out to people on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your deep knowledge of ETF operations. Share specific examples of how you've tackled challenges in the past – it’ll show them you’re the real deal.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out to companies you admire, like AB, and express your interest in their ETF operations team. Sometimes, creating your own opportunity is the best way to land that dream job.
✨Tip Number 4
Keep learning! The ETF landscape is always changing, so stay updated on the latest trends and regulations. Consider taking courses or attending workshops to sharpen your skills. This not only boosts your CV but also shows employers you’re committed to growth.
We think you need these skills to ace Global Head of ETF Operations in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Global Head of ETF Operations role. Highlight your experience in ETF operations and any leadership roles you've held. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about ETFs and how you can contribute to our team. Be sure to mention specific experiences that demonstrate your problem-solving skills.
Showcase Your Analytical Skills: Since this role requires exceptional analytical abilities, make sure to include examples of how you've used data to drive decisions in your previous roles. We love seeing candidates who can think critically and act strategically!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at AllianceBernstein
✨Know Your ETFs Inside Out
Make sure you have a solid understanding of the ETF ecosystem and operational workflows. Brush up on the specifics of trade initiation, settlement processes, and the roles of various stakeholders like Authorized Participants and custodians. This knowledge will help you answer questions confidently and demonstrate your expertise.
✨Showcase Your Leadership Skills
As a potential Global Head of ETF Operations, you'll need to exhibit strong leadership qualities. Prepare examples of how you've led teams in the past, managed projects, or improved operational efficiencies. Highlight your ability to train and mentor team members, as this will be crucial for the role.
✨Prepare for Problem-Solving Scenarios
Expect to face questions that assess your analytical and problem-solving skills. Think of complex inquiries you've resolved in previous roles, especially those related to trade and settlement activities. Be ready to discuss your approach to root cause analysis and how you prevent future issues.
✨Engage with Industry Trends
Stay updated on the latest trends and innovations in the ETF market. Be prepared to discuss how you would implement process improvements and enhance existing infrastructures. Showing that you're engaged with the industry will set you apart and demonstrate your commitment to driving success in the role.