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Director, Strategic Initiatives

ProSharesBethesda, Maryland, United States | New York, New York, United StatesOnsite

About Us


ProShares now offers one of the largest lineups of ETFs, with over $80 billion in assets. The company is a leader in strategies such as crypto-linked, 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:


This role offers the opportunity to lead some of ProShares’ highest-impact, cross-functional initiatives aligned with the firm’s strategic growth agenda. This role is tailored for a seasoned, business-oriented leader with a proven track record of driving complex programs from concept through execution. The ideal candidate will work closely with senior executives and stakeholders across functions—including product, distribution, marketing, and operations—to identify opportunities, remove barriers, and deliver meaningful results.This position plays a central role in shaping outcomes, enabling change, and accelerating the next phase of growth for one of the industry’s most innovative ETF issuers.

Location


The position can be based in Bethesda, MD or New York, NY.

Essential Job Functions[1]:


  • Lead Strategic Programs: Drive end-to-end execution of non-technology business initiatives, such as go-to-market strategy rollouts, organizational design changes, front-office process improvements, and distribution optimization efforts.
  • Serve as a Strategic Partner: Act as a trusted advisor to senior leadership, guiding cross-functional teams through the design and delivery of mission-critical programs.
  • Frame and Solve Complex Problems: Collaborate with initiative sponsors to clarify ambiguous challenges, define objectives, and create actionable execution plans from inception to completion.
  • Manage Cross-Functional Execution: Provide structure and alignment in fast-moving environments, managing scope, timeline, and risk while ensuring forward momentum.
  • Drive Accountability and Transparency: Communicate clearly across levels of the organization, including steering committee updates and risk mitigation strategies to keep programs on track.
  • Apply Adaptive Methodologies: Use agile principles and pragmatic project management tools to tailor approaches based on initiative size, complexity, and pace.
  • Resolve Execution Barriers: Proactively address roadblocks by building consensus, aligning stakeholders, and fostering a culture of urgency and action.
  • Bring a Consulting Mindset: Leverage frameworks and tools to support execution- such as strategy development, process redesign, operating model creation, vendor evaluations, and go-to-market planning.
  • Foster Ownership and Results: Promote shared accountability while owning delivery timelines, executive expectations, and program success.
  • Champion a Culture of Excellence: Encourage transparency, collaboration, and high standards in execution across teams and initiatives.

Education and Experience:


  • Bachelor’s degree required.
  • MBA or equivalent graduate degree preferred.
  • 10-12+ years of relevant experience, including time in management consulting, business transformation, or enterprise program management within the asset management or financial services industry.
  • Proven success leading large, complex business programs with cross-functional scope—especially in front-office, product, investment, or distribution settings.
  • Familiarity with ETFs, mutual funds, or other investment vehicles strongly preferred.
  • Experience working directly with executive leadership and influencing senior stakeholders across departments.

Knowledge, Skills and Abilities:


  • Expertise in change management, program/project management, stakeholder alignment, including the ability to manage complex business processes through influence when all the resources necessary for a successful outcome are not directly under the individual’s control.
  • Executive-level communication: able to synthesize issues and present clearly to C-suite stakeholders.
  • Strong strategic and analytical thinker with a high level of business judgment.
  • Self-starter with exceptional ownership and follow-through; thrives in ambiguity and fast-paced environments.
  • Skilled in management consulting-style problem solving and structured execution frameworks.
  • Balanced orientation to detail and big-picture thinking.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $180,000-$250,000, 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.


Additional privacy information for CA residents


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.  

Life at ProShares

ProShares UltraShort S&P500 seeks daily investment results that correspond to twice the inverse of the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by an S&P United States Index committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability. Reconstitution occurs both on a quarterly and on an ongoing basis. It takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the index.
Thrive Here & What We Value1. Equal opportunity employer2. Promotes efficient workplace culture3. Compliance with federal and state employment laws4. Supports HR-related topics for employees5. Competitive compensation and benefits programs6. Innovative ETF product offerings7. Employee development opportunities8. Collaboration and teamwork focus9. Creativity in product development1e. Adherence to industry regulations
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