Credit Benchmarks Analyst, Global R&D

Posted:
11/23/2024, 3:06:36 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

About the Role:

Grade Level (for internal use):

10

About the Role: Analyst, Global R&D

The Team:

  • Support senior analysts within Research and Design to design new IHS Markit and S&P Dow Jones Credit Benchmarks. Experience in Fixed Income index construction techniques and financial theories is required in delivering innovative index solutions and analysis to clients.
  • Responsibilities and Impact:
  • The role would benefit from someone with an awareness of topical market trends and a desire to translate investment objectives into systematic and actionable index strategies. The role will encompass all elements of the index design lifecycle; including background research, client-engagement, data gathering, back-testing and finalizing index methodologies.
  • The role may also require contribution on our thought leadership program by contributing to presentations and research and product papers. Finally, the role may also involve support in the construction of new platforms, data onboarding and processes to enable a more effective and efficient environment for the team.
  • A high level of numeracy, expertise in programming, and the ability to handle large number of data sets will be critical to the role. Effective communication of the work and its conclusions is also essential.
  • Accountabilities:
  • Support in the research and design of new indices
  • Access, clean and transform complex datasets
  • Build a comprehensive understanding of the process behind and availability of data from our providers
  • Back-test the performance of index concepts to assess fulfilment of investment objectives
  • Utilize programming skills in a proficient manner to:
  • ensure robust and efficient index design
  • build internal platforms and tools to improve capabilities and resolve repeatable processes
  • Write finalized index methodology documents for external use 
  • Prepare and update presentation slides for internal and external events

Other Responsibilities:

  • Work within Global Research and Design and other departments to manage projects that will facilitate the design of new indices.
  • Must be able to manage multiple projects and deadlines. 
  • Must be able to clearly communicate to a number of internal and external stakeholders.

Hiring Manager Quote:

This role provides a wonderful opportunity to develop and enhance upon the foundations of fund management. The ideal candidate must be highly numerate, computer literate, thoughtful, curious, and will have remarkable enthusiasm and drive to learn. Moreover, the candidate must enjoy working collaboratively.

Furthermore, given how complex and dynamic the industry is becoming the candidate will gain exposure to alternative data sets, sophisticated portfolio construction techniques, and a broad and robust range of quantitative methods in finance. 

Compensation/Benefits Information: (This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $80,109 to $114,085. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.

In addition to base compensation, this role is eligible for an annual incentive plan.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here.

What We’re Looking For:

Basic Required Qualifications

  • Demonstrate an appreciation of asset classes and financial theories that underpin portfolio & index construction.
  • Masters Degree. Advanced degree in computer science, math, engineering, economics, or finance strongly preferred.
  • Commitment to studying the CFA
  • Knowledge of Python strongly preferred.
  • Must be able to work independently and in collaboration with other team members multiple projects.
  • Must be able to demonstrate excellent analytical and quantitative capabilities to solve original, non-routine problems in a timely and insightful manner.
  • htful manner.

About S&P Global Dow Jones Indices 

At S&P Dow Jones Indices, we provide iconic and innovative index solutions backed by unparalleled expertise across the asset-class spectrum. By bringing transparency to the global capital markets, we empower investors everywhere to make decisions with conviction. We’re the largest global resource for index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based upon our indices than any other index provider in the world. With over USD 7.4 trillion in passively managed assets linked to our indices and over USD 11.3 trillion benchmarked to our indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies. 

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/spdji. 

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.


Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:
 

Integrity, Discovery, Partnership


At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

  • 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.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
 

-----------------------------------------------------------

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.  Only electronic job submissions will be considered for employment.  

 

If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.  
 
US Candidates Only:  The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdfdescribes discrimination protections under federal law.  Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

-----------------------------------------------------------

20 - Professional (EEO-2 Job Categories-United States of America), RESECH202.1 - Middle Professional Tier I (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)

S&P Global

Website: https://spglobal.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1860

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Analytics ⋅ Business Intelligence ⋅ Credit ⋅ Enterprise Software ⋅ Finance ⋅ Financial Services ⋅ Information Services ⋅ Market Research