Managing Director, Global Head of ETF Servicing at BlackRock

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Finance, ETFsIndustries

Requirements

Background that includes a combination of leadership roles across ETF operations, client service, fund accounting, custody/banking
Outstanding people leadership and culture-building skills, encouraging a high-energy, high-achievement culture balanced with respect and empathy
Ability to navigate the firm and influence colleagues; effective team player accustomed to working with global, regional, and local stakeholders
Strong communication skills, especially the ability to summarize and synthesize to senior leadership
Strategic acumen linked to implementation/execution, with a proven ability

Responsibilities

Lead and grow a world class ETF Servicing team that supports colleagues in Portfolio Management, Capital Markets, Technology, Product Development and Operations while delivering an unparalleled experience for Authorized Participants and the broader ETF ecosystem
Ensure a culture where Risk Management is paramount and operational risk is effectively identified and managed across all dimensions of the model
Grow a global ETF Servicing footprint with a clear vision for employee development and success, clear roles and responsibilities, and a location strategy that enables product and stakeholder success
Continue to evolve a governance model and set of metrics to evaluate the efficiency and efficacy of the ETF Servicing function to identify opportunities to streamline, scale and improve
Drive a strategy around engagement with stakeholders to develop an appreciation for each party’s agenda and an actionable plan to support and influence as required to achieve a successful joint outcome
Contribute to the design of the ETF operating model relying on relevant experiences, industry trends and market opportunities to develop a road map and prioritization schedule
Take the lead on managing and evolving relationships with ETF post trade service providers to ensure high levels of service and readiness to understand and support the strategy

Skills

Key technologies and capabilities for this role

ETF ServicingOperations LeadershipPortfolio ManagementCapital MarketsProduct DevelopmentTeam ManagementStrategy DevelopmentGlobal OperationsChange ManagementMutual Funds

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require working from specific locations?

This information is not specified in the job description.

What are the key responsibilities of the Global Head of ETF Servicing?

Key responsibilities include leading and growing the ETF Servicing team, ensuring risk management, expanding the global footprint with employee development, evolving governance and metrics, driving stakeholder engagement, and contributing to the ETF operating model design.

What is the company culture like at BlackRock?

BlackRock fosters positive relationships, recognizes outstanding performance daily, empowers employees, and values their contributions while striving for employee involvement in success.

What makes a strong candidate for this Managing Director role?

Strong candidates should have leadership experience in ETF or Mutual Fund operations, expertise in risk management, strategic vision for global team growth and development, and ability to drive innovation, stakeholder engagement, and operating model design.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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