---
title: 'VP, Operations at ProShares'
canonical: 'https://feeny.ai/job/vp-operations-proshares-bethesda-yj8f6p2wr2vf'
type: 'job'
last_seen: '2026-09-13'
---

# VP, Operations at ProShares

- **Company:** ProShares
- **Location:** Bethesda, MD
- **Posted:** 2026-09-10
- **Last confirmed live:** 2026-09-13
- **Apply:** https://boards.greenhouse.io/proshares/jobs/6119526004?gh_jid=6119526004

## 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:

We are seeking a highly effective leader to drive execution, operational excellence, and cross-functional alignment across the firm’s Operations & Technology organization.  This role provides leadership across Operations, Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services, ensuring strategic initiatives are effectively executed, operational risks are proactively managed, and business processes continue to evolve in support of the firm’s objectives.

Working across multiple business functions, this individual will lead operational improvement initiatives, strengthen governance, optimize business processes, and enhance organizational effectiveness. This role partners closely with senior leadership while exercising significant independence in driving cross-functional initiatives, improving operational performance, and delivering measurable business outcomes.

What You’ll Be Responsible For[1]:

- Lead the execution of strategic operational initiatives across Operations, Technology, Portfolio Management, Portfolio Operations, Project Management, and Client Services, ensuring alignment with organizational priorities
- Drive enterprise execution by translating strategic priorities into actional plans, measurable outcomes, and sustainable operational improvements
- Lead continuous improvement initiatives that enhance operational efficiency, strengthen governance, reduce risk, and improve the effectiveness of business processes
- Establish and maintain operational standards, governance frameworks, and best practices that promote consistency, scalability, and operational excellence
- Provide executive oversight of strategic vendor relationships, including performance management, contract governance, due diligence, and cost optimization
- Oversee departmental financial planning activities, including budgeting, forecasting, expense management, and resource planning across multiple functional areas
- Ensure timely execution of strategic commitments by proactively resolving operational issues, removing execution barriers, and driving accountability across teams
- Provide oversight for shared operational infrastructure, business systems, vendor platforms, and administrative controls to ensure effective operations, appropriate governance, and strong delivery
- Lead change management efforts by synthesizing user feedback, identifying adoption challenges, and translating insights into actionable enhancements to processes, systems, and workflows
- Foster collaboration across business functions by aligning stakeholders, resolving cross-functional challenges, and promoting effective execution of enterprise initiatives
- Lead high-impact operational initiatives and organizational projects that support the firm’s strategic objectives and long-term growth

What Sets This Role Apart:

- Unique blend of strategy, execution, and operational oversight across multiple departments
- High visibility role partnering directly with senior leadership on firm priorities
- Broad exposure to operations, technology, portfolio, and vendor ecosystems
- Opportunity to shape processes, improve efficiency, and influence how the organization operates at scale

What You Bring:

- Bachelor’s degree required; advanced degree preferred
- 10–15+ years of experience in investment management, with exposure to operations, portfolio operations, and/or technology
- Demonstrated success leading complex cross-functional initiatives and influencing outcomes across multiple business functions in a highly regulated investment management environment
- Strong analytical and problem-solving skills, with a focus on process improvement
- Exceptional organizational and project management capabilities
- Demonstrated ability to balance strategic thinking with operational execution while driving organizational performance and continuous improvement
- Strong communication skills with the ability to influence without formal authority
- Demonstrated ability to coordinate across teams and drive alignment
- High level of accountability, ownership, and follow-through

Success at ProShares:

Success in this role requires an accomplished operations leader who can influence across organizational boundaries, establish operational discipline, and drive execution of enterprise priorities. The successful candidate will build strong partnerships across the organization while exercising sound judgment, fostering accountability, improving operational effectiveness, and delivering measurable outcomes in a dynamic investment management environment.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $150,000-$180,000 (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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