Capital Markets Analyst - Xtrackers​/ ETFs

Job Description:

Employer: DWS Group

Title: Capital Markets Analyst

Location: London

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

DWS Xtrackers covers a full range Exchange Traded Funds across Equity, Commodities and Fixed Income, as well as Segregated mandates, covering a wide range of index providers and array of benchmark types from multiple ESG flavours to Thematics. DWS has an integrated investment platform with a strong footprint globally.

You’ll be joining the ETP Capital Markets team, which is responsible for managing primary and secondary market activities along with broker dealer relationships , as well as driving strategic initiatives and process improvements across other key external partners’ relationships.

• Perform the day-to-day management of Xtrackers ETP primary market processes, focusing on operational efficiency, scalability, and continuous process improvement.
• Identify and manage operational risks, ensuring robust governance, escalation, and resolution procedures.
• Partner with internal stakeholders across Trading, Operations, Product, Portfolio Management, Legal, Compliance, and Sales to support new product launches, cross-listings, and platform developments.
• Develop and enhance primary market mechanisms that support efficient creation and redemption activity, enabling tight spreads, strong liquidity, and depth in secondary markets.
• Act as a Capital Markets Specialist within Xtrackers, providing strategic, operational, and market expertise to colleagues across Sales, Portfolio Management, Marketing, Operations, and Product teams.
• Oversee and analyse secondary market activity across exchanges, including spreads, liquidity, trading volumes, market depth, premiums/discounts, and market maker performance.
• Build and maintain relationships with authorised participants, market makers, broker-dealers, exchanges, and other market infrastructure providers to enhance primary and secondary market efficiency.
• Engage with exchanges regarding market structure, trading platform requirements, market maker programmes, fees, and regulatory developments.
• Serve as a key point of contact for internal and external clients, responding to technical product enquiries and supporting capital markets-related initiatives.
• Produce market intelligence, competitor analysis, and trading analytics to support product development, business strategy, and client engagement.
• Utilise high-frequency market data to develop and enhance analytical tools, reporting capabilities, and trading insights.
• Maintain responsibility for the quality and accuracy of European Xtrackers ETP market data, ensuring robust, timely, and scalable data management processes.
• Collaborate with Sales, Marketing, Product Development, and external partners to maximise the value delivered to clients through market data, research, and analytics.
• Support product development and delivery through analysis of competitor products, secondary market dynamics, broker requirements, and market structure considerations, including new product launches and listings.
• C…