# ETF Basket Operations, Assistant Vice President at State Street

State Street is hiring an ETF Basket Operations, Assistant Vice President. It pays $70k-$130k a year and Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/7d89de21-edb4-43f2-adc8-f6afda6e35ff?utm_medium=ai-agent).

AI Level 1, AI centrality 37 out of 100. Quincy, Massachusetts.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 37 out of 100)
- Location: Quincy, Massachusetts
- Salary: $70k-$130k
- Posted: October 22, 2026
- Apply: https://jobsbylevel.com/go/7d89de21-edb4-43f2-adc8-f6afda6e35ff?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=etf-basket-operations-assistant-vice-president-at-state-street-723d7d

## Description

Who we are looking for? The Assistant Vice President (AVP) – ETF Basket Operations is a senior operations leadership role responsible for the day‑to‑day oversight, control, and scalability of ETF basket production within State Street’s Sacramento delivery center. This role ensures the timely, accurate, and controlled creation and approval of ETF baskets supporting global primary market activity. The AVP will lead teams supporting equity, fixed income, and complex ETFs, act as a senior escalation point, and partner closely with onshore leadership, Technology, Risk, and Client Coverage to deliver consistent, high‑quality outcomes. Key Responsibilities Operations Leadership Lead daily ETF basket production, review, and approval activities within a high‑volume operating environment. Serve as senior escalation point for complex basket issues, discrepancies, and time‑sensitive events. Ensure SLA adherence, operational readiness, and business continuity coverage. ETF Basket & Primary Market Oversight Oversee processing of cash and in‑kind baskets, custom/negotiated baskets, CIL events, and rebalances. Ensure accurate handling of corporate actions, income equalization, round lots, and market‑specific requirements. Maintain strong understanding of ETF primary market mechanics and order types. Risk & Controls Ensure strong operational controls, dual approvals, and compliance with documented procedures. Partner with Risk, Compliance, and Audit on control testing, issue remediation, and operational reviews. Proactively identify risk themes and drive preventative solutions at scale. People Management Lead, coach, and develop managers and senior analysts in Sacramento. Build strong bench strength, SMEs, and succession coverage. Foster a strong risk culture, accountability, and continuous improvement mindset. Preferred Qualifications Proven people‑management experience in a delivery or shared‑services environment. Strong risk, controls, and escalation management capabilities. Clear, confident communicator across operational and senior‑stakeholder audiences. Understanding of ETF basket construction and approval processes. Experience supporting global ETF operating models or offshore/onshore delivery structures. Exposure to complex ETF products (fixed income, derivatives, active/semi‑transparent ETFs). Experience partnering with technology teams on workflow enhancements or automation. Education Bachelor’s degree in Finance, Accounting, Business, or related discipline required. About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/etf-basket-operations-assistant-vice-president-at-state-street-723d7d

Source: https://jobsbylevel.com/jobs/etf-basket-operations-assistant-vice-president-at-state-street-723d7d

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Level. https://jobsbylevel.com/jobs/etf-basket-operations-assistant-vice-president-at-state-street-723d7d.

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