Director, ETF Capital Markets
Janus Henderson - henderson, NY
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Why work for us? A career at Janus Henderson is more than a job, it's about investing in a brighter future together. Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. We will do this by protecting and growing our core business, amplifying our strengths and diversifying where we have the right. Our Values are key to driving our success, and are at the heart of everything we do: Clients Come First - Always | Execution Supersedes Intention | Together We Win | Diversity Improves Results | Truth Builds Trust If our mission, values, and purpose align with your own, we would love to hear from you! Your opportunity The Capital Markets Team has broad responsibility in several major areas: engagement with the broker dealer community, stock exchanges and trading desks to ensure an efficient trading ecosystem for JHG ETFs. Day to day monitoring of all secondary market trading activity and managing primary market creation and redemption flow in all exchange traded products. This includes all daily reporting to third party market makers, vendors, issuers and other regulatory mandated reports. Facilitate all client interactions and needs related to secondary market trading and best execution. Develop and conduct internal and external ETF education. Maintain all key relationships related to primary and secondary markets including seed capital needs, LMM assignments, exchange relationships, etc. Track secondary market activity in JHG ETFs by monitoring Bid/Ask spreads and premium/discounts to NAV across products and communicate issues with Market Makers Confirm accuracy of daily PCF files, ETF Indicative NAVs (iNAVs) and other relevant data being disseminated to the market Coordinate ETF creation/redemption activity with liquidity providers and issuers (Janus and third parties). Serve as a resource for client internal and external inquiries regarding ETF liquidity. Assist internal and external clients in getting best execution in ETF trades. Monitor performance of designated market makers on exchanges (DLPs and LMMs). Day-to-day responsibility for ETNA (ETF order management system) - logging create/redeem orders. Assist in end of day ETN process (index inputs, calculating final levels, pricing orders, confirming orders to market makers and issuers, EOD internal and external reporting). Develop and maintain strong working relationships with the JHG sales teams. Provide Sales with training, education, and updates about JHG ETFs Outreach to external ETF execution and sales desks On site visits / travel to firms outside the NYC area. Develop positive and professional working relationships with all key liquidity providers, issuers, exchanges and data vendors. Carry out additional duties as assigned. What to expect when you join our firm Hybrid working and reasonable accommodations Generous Holiday policies Paid volunteer time to step away from your desk and into the community Support to grow through professional development courses, tuition/qualification reimbursement and more All-inclusive approach to Diversity, Equity and Inclusion Maternal/paternal leave benefits and family services Complimentary subscription to Headspace - the mindfulness app Discounted membership to ClassPass and other health and well-being benefits Unique employee events and programs including a 14er challenge Complimentary beverages, snacks and all employee Happy Hours Must have skills 2 years in financial services preferably in sales / trading or trade support. Exchange Traded Products (ETF / ETN) - understand (and articulate) underlying mechanics of ETFs; market structure; creation / redemption mechanism; on and off screen liquidity Trade execution experience Advanced Excel skills (macros, APIs) Working knowledge of financial information systems (Bloomberg, Reuters, etc) Series 7, 63 or 65 Nice to have skills Fixed Income experience UCITS ETF knowledge or experience MBA, CFA or on track / desire to attain Series 3 or commodity experience Potential for growth Mentoring Leadership development programs Regular training Career development services Continuing education courses You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role. At Janus Henderson Investors we're committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from all backgrounds. Don't worry if you don't think you tick every box, we still want to hear from you! We understand everyone has different commitments and while we can't accommodate every flexible working request we're happy to be asked about work flexibility and our hybrid working environment. If you need any reasonable accommodations during our recruitment process, please get in touch and let us know at . Compensation information The base salary range for this position is $200,000 - $250,000. This range is estimated for this role. Actual pay may be different. This position will be posted until November 30, 2024. Annual Bonus Opportunity: Position is eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance. Benefits: Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes; competitive compensation, pension/retirement plans, and various health, wellbeing and lifestyle benefits. To learn more about our offerings please visit the Why Join Us section on the career page here. Janus Henderson Investors is an equal opportunity / Affirmative Action employer . All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee's job functions (as determined by Janus Henderson at its sole discretion). You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants' past political contributions or activity may impact applicants' eligibility for this position. You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role.
Created: 2024-10-29