ISS STOXX is Hiring in our New York office! We seek an Index Associate to join the Index Surveillance & Monitoring team within Index Operations Department.
The successful candidate will join a dynamic global team responsible for the accuracy, integrity, and dissemination of STOXX and DAX Indices.
In this role, you will support the configuration, calculation, monitoring, and dissemination of indices, including real-time market surveillance, oversight of third-party calculation agents, and a range of index operations and governance activities.
You will also contribute to strategic initiatives, including new index integrations, process enhancements, and automation projects in partnership with IT, while supporting both day-to-day operations and broader business objectives.
Key Responsibilities- Monitor real-time market data used in index calculations and ensure the accuracy and integrity of index values.
- Perform surveillance of index calculation processes and investigate potential issues or exceptions.
- Oversee and coordinate with third-party calculation agents.
- Support ownership research activities and provide timely, accurate information to clients through publications and notifications.
- Contribute to the integration of new index concepts into existing monitoring and surveillance frameworks.
- Partner with IT and other stakeholders to identify and implement automation and process improvement opportunities.
- Participate in both day-to-day operational activities and longer-term strategic projects.
- Collaborate with colleagues across global locations to support a consistent and high-quality index management framework.
What You Bring to ISS STOXX- Master's degree in Finance, Economics, Mathematics, or a related field preferred.
- 1-2+ years of experience in a financial markets environment, preferably within the index industry, asset management, portfolio management, product development, structuring, or related financial services fields.
- Strong understanding of financial markets, market data, and the principles governing index and portfolio valuation.
- Knowledge of corporate actions and their impact on index calculation methodologies.
- Experience with fixed income portfolio management and valuation is preferred.
- Experience in corporate actions management, index operations, securities operations, listed company operations, data analysis, data cleansing, or data processing techniques is a plus.
- Strong analytical and conceptual skills with the ability to identify issues, evaluate solutions, and manage competing priorities.
- Ability to work effectively under pressure, handle multiple tasks simultaneously, and meet tight deadlines.
- Self-starter who can work and learn independently with minimal supervision.
Additional Skills- Fluency in English, both written and spoken; proficiency in an additional language such as Spanish, French, Italian, German, Portuguese, etc. is a plus.
- Familiarity with market data platforms such as Bloomberg and Refinitiv.
- Python, VBA, SQL, or database knowledge is beneficial but not required.
- Strong attention to detail with the ability to quickly identify, investigate, and escalate issues when appropriate.
- Excellent communication skills and a collaborative approach to working across teams and functions.
- Flexible, highly motivated, solution-oriented, and committed to delivering high-quality work in a fast-paced environment.
This role offers the opportunity to work on both operational and strategic initiatives within a growing area of the business while contributing to the continued development and oversight of some of the industry's leading index solutions.
This role is only being recruited in New York City.
Base salary: The New York City expected base pay range is $80,000 - $100,000 per year. Exact compensation may vary based on skills, experience, and level of education.
The role is bonus or sales incentive eligible.
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We are proud to offer the following featured benefits
- Medical, Dental, and Vision coverage
- 401(k) with a company match up to 9%, including a Safe Harbor contribution
- Flexible Spending Account (FSA) and commuter benefit programs
- Generous paid time off
- Volunteer Day
- Paid parental leave
- Hybrid working options