Vice President, ETF Servicing at BlackRock

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Finance, ETFsIndustries

Requirements

6+ years of industry experience with an ETF Asset Manager or at a Custody and Fund Accounting organization
Deep understanding of ETFs and the broader market ecosystem in which they exist
Knowledge of Fund Accounting principles and the calculation of Mutual Fund Net Asset Values
A track record of identifying and delivering process improvement
A client service mentality and a history of successful relationship-building examples
Process driven approach to problem solving and a high level of attention to detail
An ability to manage competing priorities and deadlines
Risk management mentality, able to identify downstream implications and proactively call out vulnerabilities
Strong oral and written communication skills—the ability to clearly and accurately communicate information to a wide group of internal and external stakeholders
FINRA Series 99 and SIE licenses are required and must be obtained within 90 days of hire

Responsibilities

Work with Portfolio Managers to shape, validate, and distribute ETF baskets to the market
Support Capital Markets and Trading colleagues to monitor and respond to the impact of data across primary and secondary market trading activities
Regularly collaborate with stakeholders in Portfolio Management, Trading and Capital Markets, Technology, Risk, Fund Accounting, Custodians, and Authorized Participants
Drive operations on a daily basis as a senior member of the Service Delivery Team
Manage the team’s core workflow in the ETF lifecycle and deliver timely and accurate outcomes
Participate in new product design and implementation
Focus on process improvement, risk mitigation, and the creation of scale

Skills

ETF Operations

Portfolio Management

Trading

Capital Markets

Fund Accounting

Operations

Stakeholder Management

Basket Validation

Market Data

Risk Management

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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