Vice President – International ETF Create/Redeem
Location: New York, NY
Division: Equities / ETF Trading
Overview
Jefferies is seeking a Vice President – International ETF Create/Redeem to join its Equities platform. This role is central to building and scaling the firm’s international ETF primary market capabilities, with a focus on execution, client engagement, and operational excellence.
The successful candidate will be an experienced ETF professional with deep knowledge of the create/redeem process across international markets, combining trading, sales, and operational expertise to support the growth of a global franchise.
Key Responsibilities
Execution & Franchise Development
- Support and help lead the build-out of the International ETF create/redeem business within a global investment bank.
- Execute ETF primary market transactions, including creations and redemptions across non-U.S. equity markets.
- Partner with senior trading leadership to optimize workflows and scale the platform globally.
Client Coverage & Sales Support
- Interface directly with institutional clients, authorized participants (APs), asset managers, and ETF issuers.
- Provide consultative support on ETF liquidity, basket construction, and cross-border execution strategies.
- Partner closely with ETF Sales and Trading teams to drive revenue growth and expand client penetration.
Operational & Product Expertise
- Act as a subject matter expert across all aspects of the international ETF create/redeem lifecycle, including:
- Basket composition and validation
- Settlement cycles and market-specific requirements
- Coordination with custodians, administrators, and counterparties
- Troubleshoot operational issues and streamline end-to-end processes.
Market Structure & Cross-Asset Knowledge
- Apply deep understanding of global equity market structure, trading conventions, and settlement practices across regions.
- Navigate complexities related to cross-border trading, local market nuances, and regulatory differences.
- Integrate FX considerations into ETF primary activity, including hedging, pricing, and execution impacts.
Technology & Process Enhancement
- Collaborate with technology and electronic trading teams to enhance automation, tooling, and scalability of the platform.
- Contribute to the development of systems supporting basket processing, execution, and reconciliation.
- Leverage data and analytics to improve efficiency, execution quality, and client outcomes.
Qualifications
Experience
- 5–10 years of experience within ETF trading, program trading, or equity derivatives, with a focus on ETF primary markets.
- Direct experience with international ETF creation/redemption processes required.
- Strong background in both execution and operational workflows.
Technical Expertise
- In-depth knowledge of ETF mechanics, particularly cross-border create/redeem processes.
- Solid understanding of global equity market structure and settlement conventions.
- Familiarity with FX markets and their interaction with international ETF flows.
Skills & Competencies
- Strong execution mindset with attention to detail in complex operational environments.
- Client-facing experience with the ability to communicate technical concepts clearly.
- Collaborative approach, working across trading, sales, operations, and technology.
- Problem-solving orientation with a focus on process improvement and scalability.
New York, NY. Full Time Salary Range of $150,000-235,000.
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