Ireland Exchange Traded Funds Servicing Product Specialist

June 17, 2022
Employment contract
Standard / Permanent
Location
IE-L-Dublin
Job / Mission
MARKETING
Reference
PEP152022
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JOB DESCRIPTION

Job Title

Ireland Exchange Traded Funds Servicing Product Specialist

Business Unit

BNP Paribas Securities Services

Contract Type

Permanent

Location

Dublin (Termini, Sandyford, Co. Dublin) or Galway (Galway Tech Park, Parkmore)

About:

BNPP CIB is a major participant in consulting and capital markets as well as financing for its clients – mainly big companies and institutional. CIB main objective is to accompany its clients in the long term and support their strategy, while handling their financing and risk management.

BNP Paribas Securities Services (hereafter ‘BP2S’) is a subsidiary of BNP Paribas and the leading European custodian, specialized in custody and fund administration for financial intermediaries, asset managers and corporates. These client segments are reflected in the company’s organization by client lines: asset managers, asset owners, alternatives and financial institution & corporates. We are physically present in 21 countries around the world and currently have in excess of 10,000 employees.

An important area of continued growth and investment for BP2S is in the servicing of Exchange Traded Funds (hereafter ‘ETFs’).  We anticipate asset managers will continue to focus on developing ETF products to meet market demands and in tandem with this we want to develop our services to be able to offer a unique, efficient and scalable platform and solutions for servicing the ETF ecosystem.

Organization:

The ETF Solutions team is attached to the asset manager Client Line, with a structured governance for the project so that all teams and work streams feed into the Global ETF Program structure.  This allows for a collaborative working environment and ensures a transparent flow of information through the various teams. The ETF Solutions team has employees in several different countries with various backgrounds and experiences in the ETF Industry.  This includes professionals who have worked in ETF Servicing Agents, ETF Issuers, Authorized Participants and other part of the ETF Ecosystem.

Working Languages

  • English
  • French (not mandatory)

Job Brief:

The Product Specialist will be 100% dedicated to the BP2S Global ETF Program and its delivery for the European market will be their primary focus.

We are looking for a Product Specialist to provide expertise on the local needs of the ETF market in both Ireland and the wider European fund servicing sector.  They will work with various teams focused on client strategy, market evolution/analysis, delivery of our ETF platform, implementation of a target operating model and the end client user experience (client, Asset Manager and Authorised Participants). 

Responsibilities:

  • Deliver an ETF product development plan and be a key member of the go to market effort
  • Work with other teams as part of the BNPP ‘one bank’ model
  • Contribute to building a European ETF Strategy in coordination with Client Development and Client Delivery
  • Provide updates to internal senior stakeholders on the ETF market and our program’s progress
  • Lead our ETF strategy for external client and market specialists presentations and RFP responses for the European market
  • Effective communication on behalf of the business line to other parts of the organization for what is required and be proactive in ensuring the product quality remains at the highest level to support our ETF Strategy.
  • Provide expertise and input into both European and Global target operating models.  This includes collaborating with Global Custody, Fund Administration, Transfer Agency and Depositary teams.
  • Define, review and refine business requirements that meet the needs of the European market.
  • Development of best practices and standards for the European market
  • Analyse preferences and requests of end users
  • Identify product changes and adjustments and opportunities based upon user and market feedback
  • Monitor industry trends and provide regular updates of changes in the local and European market
  • Provide input into the BP2S global ETF strategy
  • Collaborate with other stakeholders within the ETF Program team and broader ETF Community
  • Develop relationships and credibility with other members of the external ETF ecoSystem
  • Share expertise with other employees of the bank

Expected Deliverables:

  • Product vision and objectives European market
  • Develop detailed business requirements and specifications to be used by Operations and IT
  • Creation of European ETF Product Development Roadmap
  • ETF knowledge sharing documentation and training materials
  • Ongoing market analysis including updates on ETF Issuer trends, regulatory changes, and future product developments
  • Materials for client presentations and active participation in industry events
  • Input for internal executive presentations and organizational governance

Requirements:

  • Minimum 7 years’ experience working with ETFs at a Servicing Agent or ETF Issuer
  • Proven track record in delivery of product innovation and solutions in the ETF segment
  • Self-starter and proven ability to work autonomously as part of a global team
  • Ability to match market developments and prioritization of ETF initiatives and budget allocation
  • Deep knowledge of the Global ETF and regulatory environment

Team spirit and excellent communication skills

  • Excellent organizational skills
  • Ability to travel

Equality and Diversity

BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief