ETF Capital Markets Specialist

Requisition Number: 81550

Position Title:

External Description:

Role Summary

• This role sits within the Exchange-Traded Fund (ETF) Group and reports to the Head of ETF Solutions. The ETF Capital Markets team is responsible for strengthening relationships across the ETF ecosystem, oversight of primary and secondary market activity and supporting institutional and intermediary client engagement. As a part of this team, you will partner with internal teams and external stakeholders to promote competitive liquidity in T. Rowe Price ETFs, monitor ETF trading activity, and facilitate efficient execution
• The role is located in Baltimore or New York.  ETFs represent an area of rapid innovation and growth for the firm and require a dynamic and forward-looking professional to help develop T. Rowe’s ETF capital markets platform

Responsibilities

• Serve as a senior member of the ETF Capital Markets team with a primary focus on market oversight across T. Rowe Price’s ETF platform
• Manage relationships and day-to-day interactions across ETF Capital Markets partners including authorized participants, market makers, institutional sales & trading desks, wealth execution platforms, exchanges, and third-party technology and data vendors
• Act as the main point of contact with key decision makers across ETF Capital Markets partners to ensure there is efficient liquidity and support in T. Rowe Price ETFs (LMM, create/redeem, on-screen, basketing, client facilitation, new launches, etc.) 
• Lead efforts to enhance ETF primary market platform and AP user experience; monitor primary market activity including creation/redemption, authorized participant engagement, and onboarding processes
• Develop and maintain market surveillance tools to assess secondary market liquidity conditions, market quality, and escalate issues as needed
• Serve as a technical expert for intermediary and institutional sales teams and end clients regarding ETF mechanics, liquidity and trading best practices
• Represent T. Rowe Price ETFs at industry conferences and participate in relevant ETF panels, webinars, and discussions
• Work closely with internal partners across distribution, operations, trading, and portfolio management teams on ETF-related activity and initiatives
• Monitor regulatory policy impacting ETF trading; work closely with key stakeholders on market structure and ETF industry developments
• Manage various ETF governance and compliance oversight requirements
• Manage internal reporting, databases and ETF analytics tools

Qualifications

Required:

• College degree required and advanced degree
• Minimum of 10 years’ experience in the financial services industry, preferably in ETF capital markets at an ETF Issuer and/or a background in ETF trading
• Deep understanding of the ETF ecosystem, ETF product structure and ETF trading
• Preference for candidate with strong existing network within the ETF capital markets ecosystem
• Working knowledge of Bloomberg and other ETF data sources
• Excellent communication skills and a demonstrated ability to influence senior management
• Strong organizational, time management, and relationship management skills
• Ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritization and time allocation
• Ability to both delegate effectively and execute directly
• Highly motivated self-starter with the ability to maintain focus and drive results
• Series 7 and 63 required

Preferred:

• MBA, CFA
• 12+ years' experience in financial services

FINRA Requirements

FINRA licenses are required and will be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

City:

State:

Community / Marketing Title: ETF Capital Markets Specialist

Company Profile:

Location_formattedLocationLong: Maryland, US

CountryEEOText_Description: Commitment to Diversity, Equity, and Inclusion: We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day. Benefits: We invest in our people through a wide range of programs and benefits, including: • Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions • Flexible and remote work opportunities • Health care benefits (medical, dental, vision) • Tuition assistance • Wellness programs (fitness reimbursement, Employee Assistance Program) Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering. T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.