ETF Capital Markets Specialist

The ETF Capital Markets Specialist supports the execution, trading, and sales enablement activities across Vanguard’s ETF platform, with a focus on enhancing market quality and client outcomes. This role provides critical oversight of primary and secondary market dynamics while partnering closely with internal teams and external market participants to ensure efficient trading, liquidity, and product success.

The Specialist also contributes to strategic projects and product initiatives across Canada, Latin America, and offshore markets, helping expand Vanguard’s global ETF capabilities. This position plays a key role in scaling coverage and improving engagement as regional ETF activity continues to grow.

This Hybrid Role (in office Tues‑Wed‑Thurs) is based in Toronto, ON

Responsibilities:

• Monitor and analyze primary and secondary ETF market activity to support trading efficiency, liquidity, and price integrity
• Partner with trading and sales teams to provide insights, support execution strategies, and respond to client and FAS inquiries
• Build and maintain relationships with external stakeholders, including market makers, authorized participants (APs), and exchanges
• Support Canada-focused ETF capital markets activities, including oversight, market engagement, and product execution initiatives
• Contribute to key product launches and changes, including fixed income, emerging markets, and index-based ETFs
• Provide secondary market oversight for cross-listed ETFs across Latin America and offshore regions
• Collaborate with sales teams to educate clients on ETF trading, including UCITS structures and switch trade execution
• Engage with regional exchanges (e.g., Mexico) to support ongoing market structure development and efficiency improvements
• Partner with global ETF Capital Markets teams to coordinate coverage and ensure alignment across regions
• Analyze trends and deliver insights that inform product development, market strategy, and operational enhancements

Education & Experience:

Bachelor’s degree or equivalent combination of education and relevant experience
Experience in capital markets, ETF trading, product management, or a related financial services discipline

Strong understanding of ETF ecosystem, including primary/secondary markets, liquidity providers, and exchange dynamics

Demonstrated ability to analyze market data and translate insights into actionable recommendations

Effective communicator with experience collaborating across trading, sales, and external partners

Strong organizational skills with the ability to manage multiple priorities and contribute to complex initiatives

Intellectual curiosity and a continuous improvement mindset

Bilingual proficiency in English and Spanish is a plus.

UCITS experience a plus.

Pay Transparency 

Expected Salary Range: $93k-$169k

Role status: existing vacancy

Our compensation ranges are based on role, level, and local market. Individual pay within the range is determined by factors such as job-related skills, experience, and relevant education or training. For part-time roles, pay will be pro-rated based on regularly scheduled hours.  

In addition to the range above, Vanguard’s total compensation package may include performance-based incentives, discretionary bonuses, and other perks. We also offer comprehensive benefits such as health insurance, accident and life insurance, and retirement savings plans. Your recruiter will be able to provide additional details on the total compensation offering during the hiring process. 

AI Disclosure Statement 
Vanguard does not use artificial intelligence (AI) or automated decision-making tools in its recruitment process. All application reviews and hiring decisions are made by our recruitment team. 

Accommodations 

Vanguard is committed to fostering an accessible and inclusive workplace. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code. If you require accommodation at any stage of the recruitment process, please inform us. We will work with you to meet your needs and you can reach us at  [email protected], quoting the job ID and job title.  

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.