HANetf is Europe’s first full service white label ETP firm. We provide all the functions and services necessary to set up, manage and grow ETP’s for third party asset managers.

The business was set up in 2017 and listed its first ETF in November 2018. We currently have over ≠$5bn in AUM in 21 ETFs, 5 commodity ETCs, 9 crypto funds for a number of clients from Europe, Canada and the US. The product focus is the ‘value added’ end of the ETF market. Active, niche and thematic ETFs. In our products to date we include commodities, equities, active, new indices, existing indices.

The ultimate aim is to have circa 100-200 ETFs & 40 to 50 clients across the full periodic table of ETFs – equities, bonds and alternatives.

Background

The Manager will assist the Head of Capital Markets in his day to day duties. On the job training will be given where necessary. Aim is the day to day running of Capital Markets will be covered by this role.

Role of Capital Markets

The team operates as the central point of contact for both primary and secondary market ETF activity and oversees the trading of the HANetf ETFs and ETCs. The team manages relationships with Authorised Participants (APs), investment banks, brokers, exchanges and market makers active in HAN ETFs and provides insight on ETF execution and education to investors.

The main aim will be to have a broad panel of on screen usually paid market makers to support current and future products. This list needs to be constantly managed and refreshed.

Primary Market

· Manage relationships with existing and prospective APs. This includes regular calls and face to face meetings to update the APs on items such as up coming launches etc

· Help with the design of the primary market process for any new ETP launches

· Manage the day to day operation of the primary market process along with the ops team

Secondary Market

· Manage relationships with existing and prospective market making firms. This includes regular calls and face to face meetings to update the APs and MMs on things such as spreads, up coming launches etc

· Work with Product to ensure that for all new launches market makers provide feedback on the products, and obtain indictive costs and spreads ahead of choosing the MM and updating the market making contracts.

· Work with MMs and APs and Exchanges in order to improve client experience and reduce spreads in HANetf ETPs

· Responsible for the monitoring of spreads intra day along with other members of the team

· Provide spread compliance reports to all Market Makers and where necessary work to improve spreads

· Compare and monitor HANetf spreads vs the competition using Bloomberg and exchange data. Where necessary take steps to ensure that HANetf spreads are competitive or better.

· Post launch of a new ETP and then on a periodic basis review spreads with the market makers to determine if anything can be done to continually improve spreads.

· Gather trade reporting of known trades through the MM/AP networks including regular trade reporting and ad hoc requests when needed e.g a large trade

· Minimum quarterly MM/AP roadshows to all the major market centres e.g UK, Germany, Milan, Ireland and so on. Aim is to nurture the relationship and get MM/AP excited about the HANetf current and future business.

Client Execution Services

· Work closely with sales team and assist clients in achieving efficient execution when trading HANetf ETFs

· Provide education on ETF liquidity

· Produce pre-trade analytics to assist clients in achieving their investment objectives when trading HANetf ETFs

· Develop knowledge to promote HANetf UCITS ETF range when talking to clients

· Work with sales to work closely to have close relationship with the MM/AP local market sales traders to open up new AUM opportunities

Requirements

• Minimum of 5 years’ experience in the ETF industry preferably in Capital Markets and ETF operations

• Ability to work in fast paced dynamic environment

• Excellent organisational skills and outcome driven Strong analytical skills

• Understanding of financial markets, investment concepts and trading

• Proficiency in Bloomberg an advantage

• Self-directed; independent while asking for input and assistance when required

• Programming skills an advantage

Compensation

£70-80k base + bonus + competitive benefits