ETF Portfolio Trader

As a member of the ETF team, the ETF Associate is involved in the support of all aspects of Mirae’s ETF authorized participant (AP) trading, creation, redemption and settlements functionality as well as ETF issuer portfolio rebalancing. The Associate will also work on special projects as assigned and assist on other matters relating to the business as requested.

The member will also assist and facilitate agency trading execution needs related to the ETF desk clients.

Assist in the ETF issuer relationships, ETF product structures, maintaining rebalance calendars, trade desk functionality and capabilities:

• ETF Issuer Business
• Establish relationships with ETF issuer capital markets and PM teams
• Determine ETF issuer needs (seed capital, rebalance capital, market making)
• Work with ETF issuer relationships to provide TCA trade analysis on upcoming rebalances
• Determine capital and settlement needs related to an ETF rebalance
• Prepare necessary information for credit committee approval for ETF rebalance needs
• Maintain agency execution needs for ETF execution clients
• Work with data retention team to ensure all relevant ETF data is being collected and stored
• Assist with quarterly ETF AP and counter party review
• Work with developers to enhance our front-end trading functionality and efficiency

• Strong interest in the ETF Industry
• Excellent organizational skills and ability to manage multiple priorities
• Self-motivated and able to work independently
• Inquisitive and persistent
• Demonstrated problem solving abilities
• Detail oriented
• Ability to work productively in a team-oriented environment
• Effective communication skills, both verbal and written
• Strong interpersonal skills
• Able to work in fast-paced environment while meeting deadlines and executing responsibilities with minimal errors

• Bachelor’s Degree.
• 1-2 years of related work experience preferred, preferably in trading and operations
• Comprehension of ETF Portfolio Trading, ETF pricing and NAV calculations, creation/redemption functionality and index rebalance events.
• Series 7 and 57

Base salary: $100k-$120k (discretionary bonus)