Custom Index Operation Associate

Lets be #BrilliantTogether

ISS STOXX is seeking an experienced Custom Index Operation Associate within the Index Operations Group in Gurugram 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 marketsto 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 changesand 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 Masters 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.

• 2 years 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.

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What You Can Expect from Us

At ISS STOXX our people are our driving force. We are committed to building a culture that values diverse skills perspectives and experiences. We hire the best talent in our industry and empower them with the resources support and opportunities to growprofessionally and personally.

Together we foster an environment that fuels creativity drives innovation and shapes our future success.

Lets empower collaborate and inspire.

Lets be #BrilliantTogether.

About ISS STOXX

ISS STOXX GmbH is a leading provider of research and technology solutions for the financial market. Established in 1985 we offer top-notch benchmark and custom indices globally helping clients identify investment opportunities and manage portfolio risks. Our services cover corporate governance sustainability cyber risk and fund intelligence. Majority-owned by Deutsche Börse Group ISS STOXX has over 3400 professionals in 33 locations worldwide serving around 6400 clients including institutional investors and companies focused on ESG cyber and governance risk. Clients trust our expertise to make informed decisions for their stakeholders benefit.

STOXX and DAX indices comprise a global and comprehensive family of more than 17000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50 STOXX Europe 600 and DAX the portfolio of index solutions consists of total market benchmark blue-chip sustainability thematic and factor-based indices covering a complete set of world regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs futures and options structured products and passively managed investment funds. STOXX Ltd. part of the ISS STOXX group of companies is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.

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