Etf Settlements, Senior Associate

State Street UK

Base: $52,000 - $84,760 annual; bonus/equity: elig...
Execute etf creations and redemptions
Validate settlement instructions and fees
Resolve settlement fails and cash breaks
The Senior Associate is responsible for the accurate and timely settlement of primary-market ETF creation and redemption activity, including both in-kind and cash transactions

Job Summary

  • The Senior Associate is responsible for the accurate and timely settlement of primary-market ETF creation and redemption activity, including both in-kind and cash transactions.
  • Employees are eligible to participate in State Street's comprehensive benefits program, which includes a retirement savings plan with company match and various insurance coverages.
  • The role requires maintaining strong operational controls while supporting process improvement initiatives across the ETF settlement lifecycle.

Matching Summary

The Senior Associate is responsible for the accurate and timely settlement of primary-market ETF creation and redemption activity, including both in-kind and cash transactions.

Salary

Base: $52,000 - $84,760 Annual; Bonus/Equity: Eligible for annual performance-based awards; Benefits: Retirement savings plan (401K), insurance, paid-time off, and EAP access

Skills & Requirements

Must-have

  • Execute ETF creations and redemptions
  • Validate settlement instructions and fees
  • Resolve settlement fails and cash breaks
  • Maintain operational controls and SOPs
  • Utilize NSCC/DTC and international CSDs

Nice-to-have

  • Strong analytical skills in deadline-driven environment
  • Client-focused communication with APs
  • Continuous improvement orientation
  • Experience with ETF Global Platform or Fund Connect
  • Ability to work independently across global teams

Key Requirements

  • 1-2 years experience in custody or settlements
  • Understanding of ETF primary-market workflows
  • Knowledge of NSCC/DTC settlement processes

Work Rights

Not specified

Tailored Resume

Cover Letter