At a Glance
- Tasks: Lead ETF market activities and enhance liquidity across State Street's European platform.
- Company: Join State Street, a global leader in investment management with a focus on innovation.
- Benefits: Enjoy flexible work-life support, inclusive development opportunities, and vibrant employee networks.
- Other info: Opportunity for career growth into broader leadership roles within ETF Capital Markets.
- Why this job: Shape the future of ETFs and make a significant impact in a dynamic market.
- Qualifications: Strong understanding of European ETF ecosystem and proven leadership experience required.
The predicted salary is between 80000 - 100000 £ per year.
The Head of Europe ETF Capital Markets Solutions within the ETF Capital Group will be responsible for leading all primary and secondary market activities across State Street Investment Management’s European ETF platform, with end-to-end accountability for liquidity outcomes, market quality, and trading efficiency. This role sits at the center of the ETF franchise, shaping how the platform performs in the market and how it competes across an increasingly complex and evolving market structure landscape.
In addition to overseeing the integrity and performance of State Street ETFs, the role will play a key strategic role in advancing the firm’s ETF-as-a-Service (EaaS) offering, leading and delivering comprehensive Capital Markets support for external clients across the full ETF lifecycle. This includes advising on go-to-market strategy, coordinating onboarding of authorized participants, market makers, and exchanges, and designing efficient primary market structures. Post-launch, the role will actively manage liquidity outcomes through ongoing engagement with trading counterparties, continuous monitoring of market quality, and delivery of data-driven diagnostics and reporting, ensuring both State Street and client ETFs achieve consistent, scalable, and competitive performance.
Key Responsibilities
- Own and lead secondary market quality across ETFs, including spreads, depth, and execution consistency relative to peers
- Oversee primary market activity, including creations/redemptions, basket construction, and AP engagement
- Build and maintain senior relationships with market makers, APs, exchanges, and liquidity providers
- Develop a Contractual Market Making strategy that improves market quality and sales effectiveness
- Drive automation and scalability of ETF markets oversight through data and technology initiatives
- Partner cross-functionally with Product, Investments, Funds Management, Trading, Legal, and Operations teams to improve market quality outcomes
Key Performance Indicators (KPIs)
- Improve ETF market quality versus peers (spreads, depth, execution quality, premium/discount behavior)
- Optimize contractual market making relationships, including economics, quoting obligations, and liquidity outcomes
- Enhance primary market efficiency, including tighter arbitrage linkage, improved basket execution, and reduced friction in creations/redemptions
- Increase AP diversification and reduce concentration risk across primary market activity
- Strengthen spread resilience and liquidity provision during periods of market stress
- Improve speed, consistency, and accuracy of market commentary and diagnostics delivered to stakeholders
ETF-as-a-Service (EaaS) Responsibilities
- Lead capital markets support for external ETF clients across Europe
- Advise on exchange listing strategy, AP onboarding, and liquidity provider selection
- Guide clients on ETF market structure, including primary market design, basket strategy, and trading considerations
- Support ETF launches, including pre-launch liquidity planning and post-launch oversight
Strategic Impact
This role will be critical in enhancing ETF liquidity, improving market quality, and scaling State Street’s European ETF platform. It will drive a more consistent, data-driven approach to Markets Oversight, strengthening primary and secondary market outcomes and reinforcing the firm’s competitive positioning in ETFs.
In parallel, the role will play a central part in expanding the firm’s ETF-as-a-Service (EaaS) capabilities, positioning State Street as a leading provider of capital markets expertise to external clients. Through direct engagement with clients, authorized participants, and market makers, the position will contribute to both product success and broader commercial growth.
Over time, the role is expected to evolve into broader leadership responsibilities, with potential to expand into regional or global mandates across ETF Capital Markets.
Qualifications
- Expertise in ETF capital markets, including primary and secondary market mechanics
- Strong understanding of European ETF ecosystem (UCITS, multi-listing structure, etc.)
- Established relationships with APs, market makers, and exchanges
- Proven leadership experience managing teams and driving cross-functional initiatives
- Strong analytical mindset with ability to translate data into actionable insights
- Excellent communication and stakeholder management skills
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Head of Europe ETF Capital Markets Solutions, Vice President - State Street Investment Management in London employer: State Street Corporation
State Street Investment Management is an exceptional employer, offering a dynamic work environment that prioritises employee growth and development. With a strong commitment to inclusivity, employees benefit from flexible work-life support, comprehensive training opportunities, and vibrant networks that foster collaboration and connection. Located in Europe, this role not only positions you at the forefront of the ETF market but also provides a unique chance to shape the future of capital markets solutions while enjoying a supportive and empowering workplace culture.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Europe ETF Capital Markets Solutions, Vice President - State Street Investment Management in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Know your stuff about State Street and be ready to discuss how you can enhance their ETF platform.
✨Tip Number 3
Showcase your expertise! Bring data-driven insights to the table during discussions. Demonstrating your analytical skills can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re genuinely interested in joining the team.
We think you need these skills to ace Head of Europe ETF Capital Markets Solutions, Vice President - State Street Investment Management in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Head of Europe ETF Capital Markets Solutions role. Highlight your expertise in ETF capital markets and any relevant relationships you've built with market makers and APs.
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 your background makes you the perfect fit for this position. Don’t forget to mention your strategic vision for enhancing market quality and liquidity.
Showcase Your Analytical Skills:Since this role requires a strong analytical mindset, be sure to include examples of how you've used data to drive decisions in previous roles. This will demonstrate your ability to translate insights into actionable strategies for improving market outcomes.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re genuinely interested in joining our team at State Street!
How to prepare for a job interview at State Street Corporation
✨Know Your ETFs Inside Out
Make sure you have a solid understanding of the European ETF ecosystem, including UCITS and multi-listing structures. Brush up on recent trends and challenges in the market, as this will show your expertise and readiness to lead.
✨Build Relationships Before the Interview
If possible, connect with current or former employees at State Street or within the ETF space. Having insights from insiders can give you an edge and help you understand the company culture and expectations better.
✨Prepare Data-Driven Insights
Since the role involves improving market quality and liquidity outcomes, come prepared with examples of how you've used data to drive decisions in previous roles. Be ready to discuss specific metrics and outcomes you've achieved.
✨Showcase Your Leadership Skills
This position requires proven leadership experience, so be prepared to share examples of how you've managed teams and driven cross-functional initiatives. Highlight your ability to communicate effectively with stakeholders and how you've fostered collaboration.
