Position title: Manager/Senior Manager – ETF Dealer

Location: Lower Parel,Mumbai

Department: ETF

Grade: IL-4/IL-3

Organizational relationships

Reports to: Head – ETF

Purpose of the Job:

To manage and execute Exchange Traded Fund (ETF) dealing activities, including creation and redemption transactions, portfolio rebalancing, and market trade execution while ensuring regulatory compliance, operational efficiency, and optimal liquidity management. The role will work closely with Fund Managers, Authorized Participants (APs), Brokers, Custodians, and internal stakeholders to achieve seamless ETF operations and superior execution outcomes.

Key Responsibilities:

 Execute ETF creation and redemption transactions in the primary market.

 Manage ETF trading activity in the secondary market and monitor liquidity.

 Execute equity, debt, and derivative trades in accordance with portfolio requirements and investment mandates.

 Coordinate portfolio rebalancing transactions as instructed by Fund Managers.

 Monitor ETF pricing, tracking error, premiums/discounts, and market liquidity.





 Liaise with Authorized Participants (APs), Market Makers, Brokers, Custodians, and Exchanges for day-to-day ETF activities.

 Ensure compliance with SEBI regulations, exchange guidelines, and internal investment policies.

 Monitor settlement obligations and resolve trade processing exceptions in collaboration with operations teams.

 Support recent ETF launches, product enhancements, and strategic initiatives.

 Prepare and analyze dealing reports, execution quality reports, liquidity metrics, and tracking error reports.

 Maintain accurate records, audit trails, and transaction documentation.

 Provide market intelligence and insights on ETF trends, capital markets, and trading opportunities.

Formal Qualifications / Prior Work Exp:

 MBA (Finance) / CA / CFA / master’s degree in finance or related discipline.

 8-10 years of relevant experience in ETF dealing institutional dealing, equity trading, or capital market operations within

📌 Manager/Senior Manager – ETF Dealer (Mumbai)
🏢 Nippon India Mutual Fund
📍 Mumbai