
at BNY Mellon
Asset ManagementPosted 12 days ago
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**SVP ETF Services, Los Angeles** - Lead ETF settlements & operations, collaborates with APs & stakeholders. Manage collateral calls, wire transfers, and end-of-day reporting. Conduct risk assessments & ensure control compliance. Required: 7+ yrs exp., ETF ops experience, and proficiency in wire processing. האלztet siete años de experiencia en la industria de los ETFs y un fuerte enfoque en el control financiero, esta es una excelente oportunidad para ti. As a Senior Vice President for our ETF Service Delivery Team, you'll orchestrate ETF settlements across multiple domiciles. This role requires strong operational leadership, exceptional stakeholder management, and a deep understanding of ETF mechanics. You'll coordinate collateral movement, AP communication, and cash wire processing. Your expertise in collateral calls, intraday monitoring, and regulatory awareness will be vital in this position. Applicants should hold a degree in accounting or a relevant field, with at least 7 years of experience, preferably at a Big 4 firm. Experience in ETF operations, custody, or collateral management is strongly preferred. Proficiency in wire processing and operational systems is essential. Strong attention to detail, excellent communication skills, and the ability to make risk-aware decisions under time constraints are key to success in this role. Join us in Los Angeles (4-day in-office expectation) to drive transformative solutions in the ETF industry.
- Compensation
- $102,000 – $220,000 USD
- City
- Los Angeles
- Country
- United States
Currency: $ (USD)
Full Job Description
At BNY, our culture allows us to run our company better and enables employees growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the worlds investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
Were seeking a future team member for the role of SVPto join our ETF Service Delivery Team. The position is located in Los Angelos, CA ( 4 day in office expectation).
In this role, youll make an impact in the following ways:
- Conduct collateral movement for ETF settlements across multiple domiciles.
- Coordinate ETF basketlevel settlement monitoring, communication with Authorized Participants (APs), and cash wire processing.
- Engage with APs to coordinate collateral calls for delayed settlement ETF creates.
- Receive and release funds to segregated custody accounts; process wires and confirmations.
- Perform intraday monitoring and exception handling through market close to support timely issuance of ETF units.
- Track and return excess collateral accurately and promptly; ensure precision in cash movements.
- Maintain detailed documentation and evidencing for operational steps, approvals, and communications.
- Escalate breaks and risk items; coordinate resolution across APs, Custody, and ETF operations.
- Serve as a primary operational contact for APs on collateral logistics and settlement readiness.
- Operate within defined control frameworks, dualcontrol processes, and approval checkpoints.
- Regularly interact with stakeholders to answer questions and resolve issues regarding fund balances and processes.
- Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices.
- Provide secondline review and authorization for collateral calls, releases, and wire actions.
- Validate reconciliations, settlement readiness, and exception resolutions; ensure control compliance.
- Own escalation decisions, risk assessments, and endofday attestations; oversee auditability and documentation quality.
To be successful in this role, were seeking the following:
- Bachelors degree in accounting or the equivalent combination of education and experience.
- 7+ years of total work experience preferred.
- Experience at a Big 4 accounting firm preferred.
- Ability to provide guidance to less experienced team members.
- May have people management responsibilities in some geographies.
- Experience in ETF operations, custody, collateral management, or securities settlement (Canadian market knowledge is a plus).
- Strong understanding of inkind ETF creation/settlement workflows and cash collateral mechanics.
- Proficiency with operational systems; experience with wire processing and reconciliations is preferred.
- Excellent attention to detail, control mindset, and documentation rigor; comfortable with intraday monitoring through market close.
- Strong communication skills to manage AP interactions and crossfunctional coordination.
- Ability to prioritize, manage exceptions, and make riskaware decisions under time constraints.
At BNY, our culture speaks for itself, check out the latest BNY news at:
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Americas Most Innovative Companies, Fortune, 2025
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Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your lifes journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 and $220,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.



