ETF Operations Specialist

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description. Prepares exchange listing documents and coordinates reporting needs for new Exchange Traded Funds (ETF), oversees daily production of required ETF files and serves as liaison to internal and external stakeholders.

Works with senior level Operations Specialists on keeping abreast of industry updates and answering any operational questions that arise for all ETF clients.

Responsible for primary contact with fund clients during ETF launches and communication of daily ETF operations to clients and other business lines within Global Fund Services.

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

• Bachelor's degree, or equivalent work experience
• Three to five years of direct experience (with project lead experience), or five to eight years of related experience

• Two to four years of experience directly related to ETF Operations; basket production, client onboarding or trade settlement
• General knowledge of NSCC eligibility requirements, capital markets and exchange listing rules
• Understanding of ETF create/redeem process
• Experience working directly with issuers, market makers, authorized participants and sub advisors
• General knowledge and understanding of legal, regulatory and accounting principles which directly affect the ETF industry and their clients
• Experience managing multiple tasks/projects and deadlines simultaneously
• Good verbal and written communication skills
• Proficient computer skills, especially Microsoft Office applications

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
• Review our full benefits available by employment status here.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).

Pay Range: $75,820.00 - $89,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment.

U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA).

In addition, certain positions may also be subject to the requirements of FINRA, NMLS…