ISS STOXX is seeking an experienced Index Custom Calculation Services Analyst within the Index Operations Group in Mumbai, India
Overview:
The Custom Calculation Services team, part of the Index Operations Group in ISS STOXX, is seeking a experienced index operations associate. The candidate will be responsible for the configuration, calculation and dissemination of custom indices. The candidate is expected to play a role in liaising with ISS STOXX Clients, to optimize day to day Custom Calculation Services activities, and facilitate the launch of new products. The successful candidate will also work in close collaboration with various ISS STOXX stakeholders to ensure best practice and compliance to Operations Group policies, definition of new processes based on clients requirements, and being actively involved in process automation with the technology teams. This is an excellent opportunity for the right candidate with a strong background in index operations and a deep understanding of financial markets, to join a high-performance team, actively support this activity by applying knowledge and skills to a large number of routine and non-routine activities, and also becoming involved in a new, interesting and challenging projects.
Responsibilities:
Support the team manager in delivering top quality service, service level agreements, and satisfying regulatory requirements.
Support process improvements to ensure consistent data quality and efficiency, such as automation of data quality diagnostics by developing a new system/tool that will enable quality assessment of data without manual intervention.
Handle the day-to-day nuances of index operations, including data management, system updates, and client interactions for customized equity and strategy indices with high degree of accuracy.
Ensure the correctness of daily index calculation for customized equity and strategy indices.
Monitor configuration of indices to ensure that corporate actions adjustments for equities and periodic reviews of the custom indices are processed correctly.
Supervise input data feeds according to index methodology specification, identify changes and coordinate adjustments.
Monitor and evaluate index constituents, ensuring accuracy and relevance.
Possess good knowledge in implementing and back-testing complex strategies in Python and SQL
Utilize Python, Excel, VBA, and SQL to develop and maintain index-related tools and processes in a standardized manner. Ensure modular level coding practices, including the use of classes in Python.
Identify and assess potential risks associated with index composition and market changes. Responsible for implementation of periodic rolls and rebalancing with high degree of accuracy.
Contribute to the creation of presentations for internal and external stakeholders.
Collaborate and provide ideas on the implementation of controls and design frameworks
Respond to ad-hoc client requests, manage sub-projects and timelines
Provide subject matter expertise on index set-up and maintenance, markets impacts and anticipate market expectations.
Identify opportunities for process improvements and implement best practices to enhance operational efficiency. Enhance or suggest new tools, specify requirements for technical development and test new applications/tools from end-to-end.
Qualifications:
Hold a Master s degree in finance, Economics, Mathematics or a related field. CFA of FRM designation is a plus.
Proficiency in Excel, Python, and SQL. Experience with modular level coding, including classes in Python.
0-2years experience in index operations or a relevant role with in-depth knowledge of indices, asset classes (equity, FICC, derivatives), derivative valuation, investment products and portfolio management.
Knowledge of MS Office applications is a must.
Knowledge of market data vendors (i.e. Refinitiv, Bloomberg, SIX, ICE, ...) is a must.
The job requires the candidate to work with different teams across various time zones, therefore flexibility is essential.
Excellent attention to detail and accuracy in data interpretation
Effective drafting skills for index methodologies and client communications.
Knowledge of MS Office applications, VBA, Python, SQL skills is a must.
Knowledge of market data vendors (i.e. Refinitiv, Bloomberg, SIX, ICE, ...) is a must.
Fluent in English both oral and written.
Knowledge/ Fluent in a second language Asian (Chinese, Japanese, Korean) or European (French, Spanish, German) would be an advantage.