Index Manager

OSTTRA • New York, NY

9d

About The Position

About the Role: Grade Level (for internal use): 10 The Team: The US/Canada Index Management team within the Global Index Management & Production Group manages a wide range high-profile indices including US and Canadian equities, dividend and thematic indices. Responsibilities and Impact: The Index Analyst is responsible for maintaining a wide range of indices. The Index Analyst is required to ensure that the indices are managed in accordance with their methodology, perform routine analysis and make presentations to Index Committees on a periodic basis. An exciting opportunity to join the leading index provider. As an Index Analyst, you will work on a wide range of indices across global markets and analyze and implement complex index methodology, as well as solve non-routine problems on an on-going basis. As an Index Analyst, you will be responsible for all aspects of an assigned group of indices, make recommendations for index membership and present changes to index committees. Calculate S&P and Dow Jones branded indices, ensuring timely and accurate delivery of real-time and end-of-day index data to clients and end users. Ensure corporate actions affecting constituents in each assigned index are correctly applied in SPDJI proprietary system according to index methodology and validate special treatment for index specific items. Perform analytical research on companies to determine the composition of assigned indices, interpreting financial data and index methodology. Perform index rebalances by interpreting index methodology, running models and research for adds/drops, implementing changes and communicating these appropriately to clients, all with a focus on quality and accuracy. Make presentations of original, non-routine analysis to committee in support of the indices for which the index analyst is responsible. Take responsibility for the management of high-profile indices, acting as an subject matter expert and displaying in-depth knowledge of our product lines. Manage and maintain key relationships with other groups within the department and across other departments, particularly Product Management, Client Coverage, Index Services and IT Support. Work in close coordination with the technology group and production support group to further enhance our system capabilities. Manage multiple projects and deadlines. The projects involve; requirements gathering, analytical thinking, compilation of data, and documentation. Update index methodology on an as-needed basis in coordination with clients and other staff and the index committee to ensure indices remain relevant and investible.

Requirements

• Bachelor’s Degree.
• Minimum of 2 years of professional experience working with financial indices, equity analysis, research, or data analysis.
• Understanding of global financial markets and company fundamentals.
• Strong understanding of how indices are used, the impact of different methodologies, corporate event events on both indices and financial portfolios.
• Must be able to work independently on multiple projects with minimal direction or supervision.
• Excellent written and verbal communication skills and the ability to coordinate work done by multiple people and / or groups.
• Must be able to demonstrate excellent analytical and quantitative capabilities to solve original, non-routine problems in a timely and insightful manner.
• Superior computer skills in Excel, Word and related applications.
• Right to Work Requirements: This role is limited to persons with indefinite right to work in the United States.
• We require all external candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global office. This must be completed before we can proceed to an offer.

Nice To Haves

• CFA or Advanced degree in business, math, economics, or finance strongly preferred.
• Prior experience with corporate action research, stock-screening, index rebalancing preferred.
• Knowledge of Python, SQL, and/or VBA would be an advantage.

Responsibilities

• Maintaining a wide range of indices.
• Ensure that the indices are managed in accordance with their methodology
• Perform routine analysis and make presentations to Index Committees on a periodic basis.
• Work on a wide range of indices across global markets and analyze and implement complex index methodology, as well as solve non-routine problems on an on-going basis.
• Responsible for all aspects of an assigned group of indices, make recommendations for index membership and present changes to index committees.
• Calculate S&P and Dow Jones branded indices, ensuring timely and accurate delivery of real-time and end-of-day index data to clients and end users.
• Ensure corporate actions affecting constituents in each assigned index are correctly applied in SPDJI proprietary system according to index methodology and validate special treatment for index specific items.
• Perform analytical research on companies to determine the composition of assigned indices, interpreting financial data and index methodology.
• Perform index rebalances by interpreting index methodology, running models and research for adds/drops, implementing changes and communicating these appropriately to clients, all with a focus on quality and accuracy.
• Make presentations of original, non-routine analysis to committee in support of the indices for which the index analyst is responsible.
• Take responsibility for the management of high-profile indices, acting as an subject matter expert and displaying in-depth knowledge of our product lines.
• Manage and maintain key relationships with other groups within the department and across other departments, particularly Product Management, Client Coverage, Index Services and IT Support.
• Work in close coordination with the technology group and production support group to further enhance our system capabilities.
• Manage multiple projects and deadlines. The projects involve; requirements gathering, analytical thinking, compilation of data, and documentation.
• Update index methodology on an as-needed basis in coordination with clients and other staff and the index committee to ensure indices remain relevant and investible.

Benefits

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level