岗位描述
岗位职责
Key Responsibilities
- Coordinate and monitor daily ETF primary market activity, including creation and redemption workflows, work with Portfolio Management, Trading, Operations, and relevant service providers such as custodian, transfer agent, and administrator
- Monitor secondary-market quality across bid–ask spreads, premiums and discounts to net asset value (NAV), trading volumes, market depth, primary flows, and short interest; engage counterparties when pricing or liquidity deteriorates
- Develop and manage relationships with participating dealers, market makers, liquidity providers, listing venues, and broker-dealer ETF desks
- Partner with appointed market makers to maintain competitive spreads and market depth, resolve trading anomalies, and support seed capital placement and recall, ETF unit lending, and launch and wind-down mechanics
- Provide capital markets inputs to Product, Portfolio Management, Legal, Compliance, Operations, and listing venues in connection with ETF launches, conversions, and liquidations
- Serve as a subject-matter expert for Sales, client advisors, and institutional counter-parties on ETF trading mechanics, liquidity, implementation, and support best execution
岗位要求
Skills & Competencies
- Relationship management: builds durable, commercial relationships with participating dealers, market makers, exchanges, and internal stakeholders
- Market-structure fluency: explains creation and redemption, arbitrage, basket design, spreads, and premium or discount behavior in precise, practical language
- Analytical discipline: uses data to diagnose liquidity and pricing issues, review and provide input on creation/redemption baskets, and produce clear market-quality and management reporting
- Communication: writes and presents concisely and translates technical capital markets content for portfolio managers, sales teams, and clients
- Commercial judgement: understands how product design, listing venue, market-maker incentives, and competitor activity affect flows and the competitiveness of the ETF platform
- Operating rigor, integrity, and collaboration: works reliably in a time-sensitive, regulated environment and partners effectively across Product, Investments, Trading, Operations, Legal, Compliance, and Sales
- Languages: professional English and/or Chinese is required
Qualifications
- Upright, humble, diligent with high moral values
- Bachelor’s degree in Finance, Engineering, Mathematics, or a quantitative discipline; an advanced degree and/or CFA designation is preferred
- 3-7 years’ experience in ETFs, including capital markets, ETF trading or market making, a participating dealer desk, ETF portfolio management, or a related function within asset management or a broker-dealer
- Working knowledge of ETF legal and operational structures, creation and redemption mechanics, primary and secondary market dynamics, and pricing and liquidity drivers across one or more asset classes
- Knowledge of ETF portfolio management is a plus, including index replication and sampling, cash management, rebalancing, tracking difference and tracking error, and the interaction between portfolio construction and the creation/redemption basket
- Familiarity with multi-listed or cross-border ETF platforms, including US, UCITS, and Asia listings, is an advantage
- Proficiency with Bloomberg and other market-data or surveillance tools; strong Excel and PowerPoint skills; experience with portfolio-management or order-management systems and Python or SQL is advantageous