Senior ETF Capital Markets Specialist, L&G - Asset Management, America
Chicago, Illinois, United States · On-site
$160k–$180k/yr
Senior$1.0B raised
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Senior ETF Capital Markets Specialist, L&G - Asset Management, America
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
$160k–$180k/yr
Full-time
Health Insurance, HSA, Short Term Disability, Long Term Disability, Dental Insurance, Vision Care
Posted 28d ago
~40 hrs/week
Responsibilities
Oversee the ETF Capital Markets function for the launch and growth of L&G's U.S. ETF business. Manage day-to-day primary and secondary market activity while maintaining relationships with authorized participants, market makers, and exchanges.
Requirements
Requires 5-8 years of experience in capital markets with a strong background in ETFs across equities, fixed income, and derivatives. Must possess strong existing relationships with ecosystem partners and excellent communication skills.
Full job description
Company Description
L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet.
Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term.
We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.
Job Description
We're seeking an experienced ETF Capital Markets professional to play a pivotal role in the launch and growth of our U.S. ETF business.
This is an exciting opportunity to join a new function in the US and help build the capital markets infrastructure behind a new ETF platform. You'll work across the full ETF ecosystem—partnering with custodians, authorized participants (APs), market makers, exchanges, trading teams, and operational partners—to ensure successful fund launches, strong liquidity, and a best-in-class investor experience.
From day one, you'll be a key contributor to ETF launches, helping establish operational processes, liquidity strategies, trading oversight, and external relationships. As the platform grows, you'll become the firm's capital markets expert, guiding creation/redemption activity, monitoring trading quality, and supporting asset growth across the ETF range.
Responsibilities
Overseeing the ETF Capital Markets function as the firm launches L&G ETFs in the US
Manage day-to-day primary and secondary market activity.
Work closely with internal teams such as portfolio management, trading, and operations, to support ETF trading and liquidity.
Coordinate with internal and external stakeholders to resolve any issues related to trading.
Monitor ETF market quality, including volume, creations/redemptions, premiums/discounts etc.
Serve as a technical subject matter expert in all areas related to ETF trading.
Support relationship management efforts and oversee client service functions.
Maintain relationships with authorized participants, market makers, trading platforms, and exchanges.
Provide expertise and trading guidance on client activity.
Assist clients with efficient ETF trading execution and provide education on ETF liquidity and trading strategies.
Keep internal teams and products aligned with industry standards.
Keep abreast of regulatory market practice changes and inform/train the team accordingly.
Evaluate the impact of market changes on team operations.
Understand the needs and limitations of external partners and how they impact internal processes.
Develop and enhance internal ETF tools and processes.
Coordinate execution of key initiatives and projects within the ETF Capital Markets platform across functional groups.
Increasing visibility of the L&G ETF range, with participation in industry conferences and events
Support and collaborate with distribution to assist in new business opportunities and meetings with existing clients
Qualifications
Extensive experience (5-8 years) in capital markets with a strong ETF background, preferably experience across asset classes – equities, fixed income, and derivatives
Experience being a senior member in an ETF Capital Markets team
Strong existing relationships with ecosystem partners (authorized participants, market makers and exchanges)
Enthusiasm for the ETF Industry, a positive attitude, and a drive to succeed
This is a role with a high degree of interaction with internal and external stakeholders, so excellent stakeholder management and communication skills is essential
Additional Information
The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company’s annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.
EOE Statement
As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025)
Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US)
L&G Business Unit: Legal & General Investment Management
Investing for the long term. Our futures depend on it.
Industry
Financial Services
Company size
10,001+ employees
Headquarters
London, London
LinkedIn followers
219,100
Total funding
$1.0B
Legal & General is a leading UK financial services group and major global investor.
Our three divisions enable us to carefully invest capital over the long term in a responsible way that delivers returns to shareholders while doing good. Along with growing our pension risk transfer business, our strategy focuses on asset management as the cornerstone of our business, including by opening up private markets to more of our clients. Meanwhile, our retail business is focused on building lifelong relationships with customers as they save for retirement and protect themselves and their families.
What unites all three parts of our business is summed up in our purpose statement which sets out what we do, why we do it, and our belief in the power of capital. It builds on what’s inspired us since our beginnings in 1836, and challenges us to do more, with greater urgency, in more places, for more people and in more ways, for the long term.
Offices: 1 Coleman Street, London, London EC2R 5AA, GB · Four Central Square, Cardiff, Wales CF10 1FS, GB · The Droveway, Hove, England, GB · 3 Arlington Square, Downshire Way,, Bracknell , Berkshire RG12 1WA, GB · South, Unit 1 Hurricane Cl, Sherburn in Elmet, Leeds, Yorkshire LS25 6PT, GB
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