This position is part of the Exchange-Traded Fund (ETF) Group within T. Rowe Price and will report to the Head of ETFs.  The main purpose of this role is to lead T. Rowe Price’s ETF capital market team, build operational capabilities, ensure overall ETF trading health, support ETF client engagement, develop and maintain strategic relationships across the ETF capital markets’ ecosystem. The role is located in Baltimore, MD or New York.  ETFs represent an area of rapid innovation and growth for the firm and require a dynamic and forward looking professional to lead the Capital Markets function

Job Responsibilities:

  • Manage relationships and ongoing interactions across ETF Capital Markets including Authorized Participants (APs), Market Makers, Exchanges, Third Party Technology and Data Vendors
  • Develop a strategic partnership engagement plan across all key liquidity providers, including ETF trading desks, APs, Market Makers, etc.
  • Oversee ETF capital markets operating model – expand, define, document, and implement robust processes to ensure product resiliency
  • Manage Market Surveillance capability in order to monitor market quality across product range
  • Establish T. Rowe Price’s ETF Capital Markets team as a communication hub across both internal and external partners
  • Manage various ETF Governance and Compliance oversight requirements
  • Lead efforts to monitor primary markets activity including AP Oversight, servicing AP creation/redemption orders, and new AP onboarding process
  • Manage launch protocol for new ETF products including initial seed strategy, lead market maker selection process, Exchange listing venue, etc.
  • Create internal reporting on ETF Capital Markets metrics for distribution throughout the firm
  • Create targeted external reporting and/or content on T. Rowe Price ETFs, highlighting trading, flows, performance, etc.
  • Participation in ongoing ETF educational efforts with both internal sales associates and external clients
  • Represent T. Rowe Price ETFs at industry conferences and on relevant ETF panels/discussions
  • Work with key stakeholders on market structure issues, representing ETFs in broader industry discussions

Job Requirements:

  • College degree required and advanced degree or designation (MBA, CFA) preferred
  • Minimum of 10 years’ experience in the financial services industry, preferably in ETF capital markets
  • Ability to manage and develop a team, acquire talent, and mentor associates
  • Ability to both delegate effectively and execute directly when necessary
  • Deep understanding of the ETF ecosystem & ETF product structure and fund mechanics
  • Preference for candidate with existing network within the ETF capital markets ecosystem
  • Working knowledge of Bloomberg and other ETF data sources
  • Excellent communication skills and a demonstrated ability to influence senior management
  • Strong organizational, time management, and relationship management skills
  • Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritization and time allocation
  • Highly motivated self-starter with the ability to maintain focus and drive results
  • Series 7 and 63 required
  • Series 24 preferred (or ability to attain upon hiring)

Source: for more information click here.

 

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