---
title: 'Manager, ETF Operations & Implementation at ProShares'
canonical: 'https://feeny.ai/job/manager-etf-operations-implementation-proshares-bethesda-md-new-york-kpza13j2pb3j'
type: 'job'
last_seen: '2026-09-06'
---

# Manager, ETF Operations & Implementation at ProShares

- **Company:** ProShares
- **Location:** Bethesda MD New York, NY
- **Posted:** 2026-07-21
- **Last confirmed live:** 2026-09-06
- **Apply:** https://boards.greenhouse.io/proshares/jobs/6113657004?gh_jid=6113657004

## Job description

About Us:

ProShares now offers one of the largest lineups of ETFs, with over $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

Product Implementation oversees and leads execution of mission-critical episodic and recurring product lifecycle events, including launches, liquidations and fund repositionings.

Essential Job Functions[1]:

Product Operations activities and areas of responsibility include, but may not be limited to the following:

- Manage all operational aspects of new index ETF launches (e.g., front-end process, back-office meetings, project plan, and unplanned events) and support the operational launch process for actively managed strategies Lead the annual prospectus review process and make any required changes to index descriptions; manage associated filings, communications, and/or collateral updates (Legal has final accountability for execution).
- Work closely with product management, coordinate execution of share splits, maintain monthly closing price monitoring sheet.
- Execute benchmark changes and fund repositionings, whether one-off or programmatic (e.g., Spring 2023 changes).
- Work closely with Product Management, drive fund liquidation process - including developing a framework for analysis and coordinating operational efforts.
- Coordinate with Capital Markets on any changes in calculation times or costs.
- Play key support role for both Product Development and Product Management.

Education and Experience:

- Bachelor’s degree. Relevant master’s degree preferred but not required.
- Approximately 6 years of experience with recent experience within financial services/fund operations/fund processes.
- Excellent verbal and written communication skills are a must.
- Knowledge of and experience in the financial markets, asset management, and ETFs.
- Ability to work independently and as part of a collaborative team.
- Eagerness to learn and adapt in a fast-paced, evolving industry.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $120,000-$170,000 (USD),  which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Our Benefits:

- Competitive pay and discretionary bonus
- Paid time off
- Health care benefits (medical, dental & vision)
- Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
- 401(k) retirement plan with matching contribution
- Spending Accounts (Health Care, Dependent Care, and Transportation)
- Wellness Programs (fitness reimbursement, Employee Assistance Program)
- Education assistance
- Hybrid work schedule
- Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

https://client.hrservicesinc.com/downloads/pm/clients/7411/ccpa%20privacy%20notice%20for%20employees_final(1).pdf

## EOE STATEMENT

ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.

## About ProShares

## Company Overview
- **One-liner**: ProShares is an American issuer of exchange-traded funds (ETFs), including leveraged, inverse, and innovative strategic ETFs, with over $100 billion in assets under management.
- **Entity Type**: Private (privately held)
- **Headquarters**: Bethesda, Maryland, USA (with an additional office in New York, NY)
- **Founded**: 1999
- **Founders**: Louis Mayberg, Michael Sapir

## Core Business
- Primary industry: Investment Management / Financial Services
- Target customers: Individual investors, financial advisors, institutional and international investors, and capital markets participants (B2B and B2C)
- Mission/purpose: To provide innovative strategic and tactical ETFs designed to manage risk and enhance returns, and to help investors succeed.

## Products & Services
- **Exchange-Traded Funds (ETFs)**: A large lineup of ETFs covering various strategies including dividend growth, interest rate hedged bonds, geared (leveraged and inverse) ETFs, crypto, commodities, and money market ETFs. Notable products include NOBL (S&P 500 Dividend Aristocrats), QQQA (Nasdaq-100 Dorsey Wright Momentum), and IQMM (money market ETF).
- **Leveraged & Inverse ETFs**: Products that provide magnified or inverse exposure to indices and commodities (e.g., Ultra Gold, Ultra Silver, Ultra TSLA).
- **Single Stock ETFs**: Funds offering leveraged or income-focused exposure to individual stocks (e.g., TSLI, NVDB).

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private company)
- **Key Metric**: Assets Under Management (AUM) – over $100 billion (as of 2025); reported $70 billion in 2024.
- **Notable Investors/Partners**: Privately held; no external funding rounds disclosed. Distribution partner: SEI Investments Distribution Co.
- **Growth Signals**: AUM growth from $70B to over $100B; one of the largest ETF lineups in the U.S.; 124 employees with +3% YoY headcount growth; active job postings.

## Competitive Advantages
- First-mover in leveraged and inverse ETFs (since 2006).
- Broad and innovative product suite covering niche strategies (crypto, single stock, money market, volatility).
- Strong brand recognition among financial advisors and institutional investors.
- In-house expertise across product development, capital markets, and investment strategy.

## Strategic Focus
- Continue expanding product lineup with innovative ETFs (e.g., money market ETF aligned with GENIUS Act framework).
- Deepen distribution through advisor and institutional channels.
- Leverage technology and data to enhance investor experience and risk management.

## Why Work Here
- **Culture**: Collegial, collaborative environment that values open debate, quick execution, and teamwork. Emphasis on helping customers succeed.
- **Work Policy**: In-office (Bethesda, MD and New York, NY).
- **Benefits**: Competitive medical, dental, vision; 401(k) with employer match; generous parental leave; tuition assistance; fitness reimbursements; employee assistance programs; short/long-term disability; flexible spending accounts.
- **Learning & Development**: Tuition assistance for certifications/degrees, external training, internal programs.
- **Team**: ~124 employees with a mix of senior, manager, and specialist roles. Departments include Finance, Marketing, Operations, HR, Sales, Product, and more.

## Sources
1. [ProShares Official Website](https://www.proshares.com/)
2. [ProShares Careers Page](https://www.proshares.com/about/careers)
3. [Built In ProShares Profile](https://builtin.com/company/proshares)
4. [LinkedIn ProShare Advisors LLC](https://www.linkedin.com/company/proshare-advisors-llc)
5. [ProShares Contact Page](https://www.proshares.com/about/contact)
6. [Greenhouse Careers (ProShares)](https://job-boards.greenhouse.io/proshares) (provided by user)

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