Index Engineer (Quantitative Development)

OSTTRA • New York, NY

7d • Onsite

About The Position

Index Engineering is a global team responsible for developing and launching indices at S&P Dow Jones Indices. This role encompasses the full lifecycle of index development and suits an individual who is highly analytical, creative, and possesses attention to detail. The key responsibilities include developing calculation prototypes and test cases for new indices, performing test calculations and reconciliation of results with clients, analyzing, developing, and implementing indices onto our strategic python-based platform, creating and reviewing index methodologies, understanding industry and regulation to provide compliance guidance to clients, and supporting the operations team in launching, ongoing delivery, and overall quality of service. The Index Engineering team is responsible for prototyping, building, and launching indices across various asset classes. The team is responsible for the full lifecycle of the index development process as well as interfacing with clients and internal stakeholders to ensure successful product delivery. Each index built and launched by the team contributes directly to SPDJI’s mission, market strategy, and revenue goals. Innovative solutions designed and engineered by the team continuously expand capabilities to serve the investment communities with speed and quality. This role provides an opportunity to understand and implement cutting-edge index products. This role will offer the opportunity to connect with stakeholders from all aspects of SPDJI’s business and a direct connection to a wide variety of client and product types. This role allows for work with a highly collaborative and creative global team of financial engineers for continuous learning and personal growth.

Requirements

• A master degree in math, finance or other related quantitative discipline
• Knowledge of fixed income and other asset classes, including equities, FX and commodities
• Knowledge of index construction process and methodologies, including back-testing and optimization
• Experience with an asset management context a big plus
• Excellent analytical and problem solving skills
• Advanced skills in Excel, proficiency with Microsoft Office.
• Must be able to work independently on multiple projects with minimal direction or supervision.
• Possess a high level of attention to detail, focusing on the quality of projects.
• Must be able to demonstrate excellent analytical and quantitative capabilities to solve original, non-routine problems in a timely and insightful manner.
• Excellent written and verbal communication skills and the ability to coordinate with clients and colleagues globally.
• 2-3+ years of professional experience in indices or similar role.

Nice To Haves

• Strength in quantitative analysis including optimization.
• Advanced technical ability with Python.

Responsibilities

• Develop calculation prototypes and test cases for new indices.
• Perform test calculations and reconciliation of the results with clients.
• Analyze, develop, and implement indices onto our strategic python-based platform.
• Create and review index methodologies.
• Understand the industry & regulation; provide compliance guidance to clients.
• Support operation team in launching, ongoing delivery and overall quality of service.

Benefits

• Health care coverage designed for the mind and body.
• Generous time off helps keep you energized for your time on.
• Access a wealth of resources to grow your career and learn valuable new skills.
• Competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Perks for your partners and little ones, too, with some best-in class benefits for families.
• Retail discounts to referral incentive awards.

What This Job Offers

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