Job Description
The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
About the role
Tidal Financial Group is a leading innovator in the ETF industry, providing cutting-edge ETF solutions, investment strategies, and fund management expertise. We empower asset managers and investors with customized ETF platforms, enabling them to launch and manage funds efficiently while staying compliant with evolving regulations.
We are looking for a Derivatives Risk Manager & ETF Operations Support Specialist to assist in monitoring derivatives exposure, ETF trading activities, and regulatory compliance. This role will focus on supporting risk management processes, assisting with reporting and analytics, and ensuring derivatives oversight is in accordance with internal policies and external regulations.
What you'll do
- Act as the point of contact for authorized participants (APs), market makers (MMs), exchanges, and broker-dealers.
- Oversee daily trading, creation/redemption activity, and support NAV/trading price alignment.
- Assist in capital markets strategy for new ETF launches, coordinating with product, compliance, and distribution teams.
- Monitor and analyze ETF spreads, volumes, and premiums/discounts, and work to optimize market quality.
- Ensure data integrity and contribute to system and process improvement for capital markets reporting.
- Utilize financial models and risk analytics tools to analyze ETF performance, liquidity, and trading activity.
- Help respond to regulatory inquiries and audits, ensuring required documentation and data are readily available.
- Stay updated on industry developments, regulatory changes, and emerging risks in ETFs and derivatives markets.
- Assist in monitoring derivatives risk and ensure compliance with SEC Rule 18f-4 by supporting VaR calculations, back testing, stress testing, and leverage monitoring for ETF funds.
- Provide operational support for derivatives trading activities, including trade execution assistance, confirmation processes, and collateral management.
- Help track and reconcile derivatives positions, ensuring accurate recordkeeping and compliance with fund guidelines.
- Support swap operations, including documentation, transaction processing, and counterparty risk monitoring.
Qualifications
- Education: Bachelor’s degree in Finance, Economics, Risk Management, or a related field.
- Experience: 3-5 years of experience in ETF Capital Markets, trading, or operations
- Knowledge of derivatives products (options, futures, swaps) and their role in ETFs.
- Familiarity with VaR models, stress testing, and risk monitoring frameworks is a plus.
- Experience with trade processing, collateral management, and position reconciliation.
- Understanding of SEC regulations, ETF structures, and investment fund compliance.
- Proficiency in Excel, financial modeling tools, and risk analytics platforms.
- Strong organizational and problem-solving skills with attention to detail.
- Ability to collaborate with multiple teams and communicate effectively.
We are prioritizing candidates who are located within close proximity to Chicago, Milwaukee, NYC, and West Palm Beach.
The pay range for this role is:
85,000 - 135,000 USD per year(USA)