ETF Basket Creation, Associate 2

Responsibilities

• Produce, review, and validate daily ETF baskets, including cash components and interest factors, prior to release.
• Execute and evidence required control checks and escalate exceptions in a timely manner.
• Process corporate action impacts on baskets, such as splits, mergers, and delistings.
• Input and review Cash-in-Lieu (CIL) adjustments in accordance with client instructions.
• Adhere to documented procedures, AML escalation standards, and risk controls.
• Coordinate with internal partners including Trading, Pricing, Settlements, and Technology to resolve issues.
• Identify process improvements and participate in training initiatives.

Requirements

• Bachelor's degree or equivalent work experience.
• 0-2 years of operations experience within asset management, custody, fund accounting, or ETF servicing.
• Proficiency in Microsoft Excel and standard productivity tools.
• Strong attention to detail and a control-oriented mindset.
• Ability to manage time-sensitive deliverables in a high-volume environment.

Preferred Qualifications

• Working knowledge of ETF primary-market operations, basket mechanics, and corporate actions.
• Strong analytical and problem-solving skills with clear escalation judgment.

Benefits

• Competitive and comprehensive benefits packages.
• Retirement savings plan (401K) with company match.
• Medical, dental, vision, and long-term disability insurance.
• Paid time off including vacation, sick leave, and family care responsibilities.
• Access to flexible work programs and professional development support.

About the Company

State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. For more than two centuries, we have helped institutional clients safeguard and steward investments through investment servicing, data & analytics, research, and trading.