Swiss Life Asset Managers is building a new, high quality UCITS ETF platform as part of its strategic expansion into the fast growing European ETF market. As ETF Capital Markets Specialist, you will design, build, and lead the function from the ground up, ensuring best in class primary and secondary market quality, developing strong AP/MM relationships, and helping shape a scalable and competitive ETF franchise.
Responsibilities
- Market Architecture & Ecosystem Design: Build and manage the legal, operational and commercial framework for an AP and Market Maker network across Europe's major exchanges.
- Secondary Market Quality: Monitor liquidity metrics (spreads, depth, premiums/discounts) and coordinate with market makers to maintain world‑class trading quality. Conduct liquidity reviews, benchmarking, and intervene when pricing efficiency deviates from targets.
- Primary Market Operation: Oversee daily creation/redemption processes with our Irish ICAV administrator, custodian, and service providers. Implement and refine capital‑markets procedures, SLAs, and risk controls.
- Strategic Partner Selection: Lead RFPs and negotiations with Lead Market Makers, APs, and liquidity providers. Establish robust due‑diligence and onboarding frameworks.
- Product Development Collaboration: Partner with Portfolio Management to optimize PCFs, custom baskets, and structures improving secondary‑market efficiency. Provide capital‑markets insight during product design and launch planning.
- Institutional Client Advisory: Act as technical expert for institutional clients, supporting block trades, RFQ workflows, and transitions. Organize and deliver capital-markets education for internal sales teams and key clients.
- Execution Desk Collaboration: Support multi‑asset trade execution (equities, fixed income, FX, derivatives, futures), including order handling and allocations.
- Governance, Regulation & Risk: Develop reporting, dashboards, and risk‑monitoring standards.
Experience
- 7+ years in ETF capital markets, Delta‑One trading, ETF issuance, or a senior AP/MM role.
- Expert Knowledge: Deep understanding of Irish‑domiciled UCITS, European ETF market microstructure, and creation/redemption mechanics.
- Network: Strong relationships across Tier‑1 banks, APs/MMs, exchanges, and the ETF ecosystem.
- Technical Skills: Expertise in arbitrage/hedging mechanisms, NAV pricing, basket construction, and relevant tax considerations.
- Interpersonal Skills: Ability to build relationships within our team, across our organization, and with our clients.
- Mindset: Entrepreneurial, hands‑on “builder” with the ability to design and scale processes.
- Languages: Fluent in German and English; French is a plus.
Only direct applications will be considered for this vacancy and we do not accept dossiers from recruitment agencies.
Benefits
Benefits
- 25 days of vacation per year
- discounts on SL investment products and mortgages
- contribution to 3rd pillar life insurance
- employer's contributions to the pension fund
- reka cheques and meal allowance
- discounts on public transportation (up to 35%)
- flexible working models
- various timeout models
- Service anniversaries
- training and development opportunities (inhouse AM Academy)
- physiotherapy offering
- days off for caregivers
Contact
Our Location
Zürich
Swiss Life Asset Managers
We are a leading European asset manager and institutional real estate asset manager with locations in Switzerland, France, Germany, Luxembourg, the UK and Norway.
With a strong client focus, here at Swiss Life Asset Managers, success is driven by expecting the unexpected, prioritising sustainability and inclusion, fully investing in our jobs and people, and being on the lookout for new business opportunities – all since 1857.
Swiss Life Asset Managers is a dedicated equal opportunity employer. Learn more
