ETF Capital Markets Specialist

Key Responsibilities

1. Coordinate and monitor daily ETF primary market activity, including creation and redemption workflows, work with Portfolio Management, Trading, Operations, and relevant service providers such as custodian, transfer agent, and administrator
2. Monitor secondary-market quality across bid–ask spreads, premiums and discounts to net asset value (NAV), trading volumes, market depth, primary flows, and short interest; engage counterparties when pricing or liquidity deteriorates
3. Develop and manage relationships with participating dealers, market makers, liquidity providers, listing venues, and broker-dealer ETF desks
4. Partner with appointed market makers to maintain competitive spreads and market depth, resolve trading anomalies, and support seed capital placement and recall, ETF unit lending, and launch and wind-down mechanics
5. Provide capital markets inputs to Product, Portfolio Management, Legal, Compliance, Operations, and listing venues in connection with ETF launches, conversions, and liquidations
6. Serve as a subject-matter expert for Sales, client advisors, and institutional counter-parties on ETF trading mechanics, liquidity, implementation, and support best execution

Skills & Competencies

1. Relationship management: builds durable, commercial relationships with participating dealers, market makers, exchanges, and internal stakeholders
2. Market-structure fluency: explains creation and redemption, arbitrage, basket design, spreads, and premium or discount behavior in precise, practical language
3. Analytical discipline: uses data to diagnose liquidity and pricing issues, review and provide input on creation/redemption baskets, and produce clear market-quality and management reporting
4. Communication: writes and presents concisely and translates technical capital markets content for portfolio managers, sales teams, and clients
5. Commercial judgement: understands how product design, listing venue, market-maker incentives, and competitor activity affect flows and the competitiveness of the ETF platform
6. Operating rigor, integrity, and collaboration: works reliably in a time-sensitive, regulated environment and partners effectively across Product, Investments, Trading, Operations, Legal, Compliance, and Sales
7. Languages: professional English and/or Chinese is required

Qualifications

1. Upright, humble, diligent with high moral values
2. Bachelor’s degree in Finance, Engineering, Mathematics, or a quantitative discipline; an advanced degree and/or CFA designation is preferred
3. 3-7 years’ experience in ETFs, including capital markets, ETF trading or market making, a participating dealer desk, ETF portfolio management, or a related function within asset management or a broker-dealer
4. Working knowledge of ETF legal and operational structures, creation and redemption mechanics, primary and secondary market dynamics, and pricing and liquidity drivers across one or more asset classes
5. Knowledge of ETF portfolio management is a plus, including index replication and sampling, cash management, rebalancing, tracking difference and tracking error, and the interaction between portfolio construction and the creation/redemption basket
6. Familiarity with multi-listed or cross-border ETF platforms, including US, UCITS, and Asia listings, is an advantage
7. Proficiency with Bloomberg and other market-data or surveillance tools; strong Excel and PowerPoint skills; experience with portfolio-management or order-management systems and Python or SQL is advantageous

Disclaimer:

CICC is committed to fostering an environment of equity and diversity. We recognize the importance of fair treatment in all aspects of our business, from recruitment and hiring to professional development and advancement.

CICC aims to build an inclusive workplace that values the diverse backgrounds, ideas, and cultures of our employees. We strive to create an environment where every employee feels heard, supported, and empowered to contribute to the company's growth and success. By leveraging our collective strengths, we aim to drive innovation and achieve excellence in the industry.

It is CICC’s responsibility to provide equal employment opportunities to all prospective employees, regardless of race, ethnicity, gender, age, disability, or any other characteristics protected by law.

The preceding job description has been designed to indicate the general nature and level of the work to be performed by employees within this classification. It is not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.