About the Role
As a Senior Capital Markets Specialist within Xtrackers, you will provide strategic, operational, and market expertise to colleagues across Sales, Portfolio Management, Marketing, Operations, and Product teams. You will lead the day-to-day management of Xtrackers ETP primary market processes, focusing on operational efficiency, scalability, and continuous process improvement. This role is crucial for identifying, managing, and mitigating operational risks, ensuring robust governance, escalation, and resolution procedures.
Responsibilities
- Lead the day-to-day management of Xtrackers ETP primary market processes, focusing on operational efficiency, scalability, and continuous process improvement.
- Act as a senior Capital Markets Specialist within Xtrackers, providing strategic, operational, and market expertise to colleagues across Sales, Portfolio Management, Marketing, Operations, and Product teams.
- Identify, manage and mitigate operational risks, ensuring robust governance, escalation, and resolution procedures.
- Partner with internal stakeholders across Trading, Operations, Product, Portfolio Management, Legal, Compliance, and Sales to support new product launches, cross-listings, and platform developments.
- Develop and enhance primary market mechanisms that support efficient creation and redemption activity, enabling tight spreads, strong liquidity, and depth in secondary markets.
- Build, maintain and own relationships with authorised participants, market makers, broker-dealers, exchanges, and other market infrastructure providers to enhance primary and secondary market efficiency.
- Engage with exchanges regarding market structure, trading platform requirements, market maker programmes, fees, and regulatory developments.
- Serve as a key point of contact for internal and external clients, responding to technical product enquiries and supporting capital markets-related initiatives.
- Lead the development of market intelligence, competitor analysis, and trading analytics to support product strategy, inform business decision-making, and strengthen client engagement.
- Utilise high-frequency market data to develop trading insights.
- Lead initiatives aimed at improving the quality and accuracy of European Xtrackers ETP market data, ensuring robust, timely, and scalable data management processes.
- Collaborate with Sales, Marketing, Product Development, and external partners to maximise the value delivered to clients through market data, research, and analytics.
- Support product development and delivery by providing senior capital markets insights on competitor products, secondary market dynamics, broker requirements, and market structure considerations for new product launches and listings.
- Contribute to the ongoing development of the Xtrackers capital markets platform and broader business strategy.
Requirements
- Experience within ETF/ETP Capital Markets, Delta One, Synthetic Products, Equity Derivatives, or a related trading environment.
- Strong understanding of financial markets, exchange-traded products, and market structure.
- Knowledge of Total Return Swaps (TRS), synthetic replication, and associated trading and operational processes.
- Strong analytical and problem-solving skills with a high degree of attention to detail.
- Experience managing/leading projects and coordinating multiple stakeholders across complex initiatives.
- Strong risk awareness, with the ability to identify issues and implement effective controls and mitigation measures.
- Advanced data analysis skills, including experience with Python, SQL, or similar analytical tools.
- Experience using Bloomberg, Reuters, or equivalent market data platforms.
- Strong communication and interpersonal skills, with the ability to engage effectively with senior stakeholders, clients, and external partners.
- Self-motivated team player with a proactive approach to delivering results in a fast-paced environment.
- Strong Experience working with ETF market makers, authorised participants, exchanges, or liquidity providers.
- Knowledge of regulatory, operational, and trading considerations relevant to European ETF markets.
- Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
Skills
- Capital Markets
- ETP Primary Market Processes
- Operational Efficiency
- Scalability
- Process Improvement
- Risk Management
- Governance
- Escalation Procedures
- Resolution Procedures
- Stakeholder Management
- New Product Launches
- Cross-listings
- Platform Developments
- Market Mechanisms
- Creation and Redemption Activity
- Spread Management
- Liquidity Enhancement
- Secondary Market Efficiency
- Relationship Management
- Market Structure Analysis
- Trading Platform Requirements
- Market Maker Programmes
- Regulatory Developments
- Technical Product Enquiries
- Market Intelligence
- Competitor Analysis
- Trading Analytics
- Product Strategy
- Business Decision-Making
- Client Engagement
- High-Frequency Market Data
- Trading Insights
- Data Quality Improvement
- Data Accuracy
- Data Management Processes
- Research
- Analytics
- Competitor Product Analysis
- Broker Requirements
- AI Tools
- Python
- SQL
- Bloomberg
- Reuters
Location
- London
Work Type
- Hybrid Working
Experience Level
- Senior
Education Level
- Degree in Mathematics, Finance, Economics, Engineering, Computer Science, Physics, or another quantitative discipline.
- CFA Charterholder or CFA candidate, would be beneficial
- Fluency in an additional European language, would be beneficial
Benefits
- 30 days’ holiday + bank holidays, with the option to purchase additional days
- A non-contributory pension scheme, up to 10%
- Physical and Mental Health Well-Being benefits including Private Medical Cover, a complimentary GP service and the support of Mental Health First Aiders
- Family friendly benefits including generous parental leave packages, healthcare plans and travel insurance
- The opportunity to support our CSR strategy which is focused on combatting climate change and achieving greater social justice.
- Donations to partner organisations or corporate volunteering opportunities
About the Company
- DWS Group is an industry-leading firm with a global presence, focused on innovating differently, investing responsibly, and making change.
- DWS Xtrackers covers a full range Exchange Traded Funds across Equity, Commodities and Fixed Income, as well as Segregated mandates, covering a wide range of index providers and array of benchmark types from multiple ESG flavours to Thematics.
- DWS has an integrated investment platform with a strong footprint globally.
Equal Opportunity
- DWS is committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture.
- The value created for clients and investors is based on the ability to bring together various perspectives from all over the world and from different backgrounds.
- Teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives.
