Senior Index Manager

Posted:
12/5/2024, 4:44:37 PM

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

Experience Level(s):
Senior

Field(s):
Finance & Banking

About the Role:

Grade Level (for internal use):

11

The Role: Senior Index Manager 

 

The Team: The role is a member of the Global Index Management & Production Group which manages a wide range of high-profile equity indices 

The Impact: The Senior Index Manager is responsible for maintaining a wide range of high-profile equity indices. The Senior Index Manager is required to ensure that the indices are managed in accordance with their methodologies, perform routine analysis and make presentations to Index Committees on a periodic basis. 

What’s in it for you: This is an exciting opportunity to join the leading index provider. As a Senior Index Manager, 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 a Senior Index Manager, you will be responsible for all aspects of an assigned group of indices, make recommendations for index membership and present changes to index committees. 

 

Responsibilities:  

The Senior Index Manager will be a subject matter expert, an example and escalation point for more junior team members, as well as a potential back-up for the team lead. 

In addition, the Senior Index Manager will be required to: 

  • 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. 

  • Perform analytical research on companies to determine the composition of assigned indices, interpreting financial data and index methodology. 

  • Ensure corporate actions affecting constituents in each assigned index are correctly applied in the SPDJI proprietary system according to index methodology, and validate special treatment for index specific items 

  • 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. 

  • Participate on index committees by making presentations of original, non-routine analysis in support of the indices for which the Senior Index Manager is responsible. 

  • Take responsibility for the management of high-profile indices, acting as a 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. 

  • Must have the ability to train new and current employees on best-practices for index management. 

  • 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. 

  • Work with clients, R&D and index development teams to oversee the launch of new indices. 

 

What We’re Looking For:  

Qualifications: 

  • Bachelor’s Degree. CFA or Graduate degree in business, math, economics, or finance strongly preferred. 

  • Minimum of 5+ 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. Prior experience with corporate action research, stock-screening, index rebalancing preferred. 

  • 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. 

  • Strong technical skills, including knowledge of Python, SQL, and/or VBA. Strong grasp of data science and machine learning principles would be an advantage. 

 

Compensation/Benefits Information (US Applicants Only):

S&P Global states that the anticipated base salary range for this position is $125,000 to $140,000. Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for additional compensation such as an annual incentive bonus.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires.

Right to Work Requirements:

This role is limited to persons with indefinite right to work in the United States.

Return to Work:

Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.

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.
 

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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

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202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RESECH202.2 - Middle Professional Tier II (EEO Job Group)

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