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About the Role
The Index Associate will join a dynamic global team responsible for the accuracy, integrity, and dissemination of STOXX and DAX Indices. This role supports index configuration, calculation, monitoring, and dissemination, including real-time market surveillance and oversight of third-party calculation agents. You will also contribute to strategic initiatives like new index integrations and process enhancements.
Responsibilities
- Monitor real-time market data used in index calculations and ensure accuracy and integrity.
- Perform surveillance of index calculation processes and investigate potential issues.
- Oversee and coordinate with third-party calculation agents.
- Support ownership research activities and provide timely information to clients.
- Contribute to the integration of new index concepts into monitoring and surveillance frameworks.
- Partner with IT and stakeholders to identify and implement automation and process improvements.
- Participate in day-to-day operational activities and longer-term strategic projects.
- Collaborate with global colleagues to support a consistent index management framework.
Requirements
- 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 index/portfolio valuation principles.
- 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.
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.
- Excellent communication skills.
- 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.
Location
- New York City
Work Type
- Hybrid working options
Experience Level
- 1-2+ years of experience
Education Level
- Master's degree preferred
Salary/Compensations
- $80,000 - $100,000 per year
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
About the Company
- ISS STOXX delivers world-class research, data, and technology solutions that empower capital market participants to pursue their visions with confidence.
- Our expertise spans indices, corporate governance, sustainability, cyber risk, and fund intelligence.
- We are made up of 4,000 professionals operating across 20 countries and serving approximately 5,000 clients.
- ISS STOXX Indices, including the renowned STOXX and DAX families, sets the standard for rules-based, transparent, and liquid benchmarks and indices.
Equal Opportunity
- ISS STOXX is an equal employment opportunity employer and does not discriminate against any employee or applicant because of race, color, ethnicity, creed, religion, sex, age, height, weight, citizenship status, national origin, social origin, sexual orientation, gender identity or gender expression, pregnancy status, marital status, familial status, mental or physical disability, veteran status, military service or status, genetic information, or any other characteristic protected by law.
- All activities including, but not limited to, recruiting and hiring, recruitment advertising, promotions, performance appraisals, training, job assignments, compensation, demotions, transfers, terminations (including layoffs), benefits, and other terms, conditions, and privileges of employment, are and will be administered on a non-discriminatory basis, consistent with all applicable federal, state, and local requirements.
- We are committed to ensuring equal opportunity in employment for qualified person with disabilities, fully in compliance with the Americans with Disabilities Act (ADA) in the US along with other applicable jurisdictions in which we operate.
- We prohibit discrimination against applicants and employees on the basis of disability as it pertains to the job application, hiring process, and other terms and conditions of employment.
- If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact ISS_Careers_Accommodations@iss-stoxx.com.