Associate Index Analyst

Posted 19 Hours Ago
Chicago, IL
Hybrid
1-3 Years Experience
Fintech • Financial Services
The Role
The Associate Index Analyst assists in the daily maintenance of CRSP real-time indexes, processes corporate actions, verifies data, and supports Index Analysts. Responsibilities include ensuring accurate calculations of total returns for indexes by reconciling corporate actions like dividends and stock splits.
Summary Generated by Built In

GENERAL SUMMARY:
The primary responsibility of the Associate Index Analyst is to assist with the daily maintenance of Center for Research in Security Prices (CRSP) real-time indexes. Duties will include the processing of corporate actions and related information under the guidance of more senior personnel. Additional responsibilities may include testing new data feeds, software, and/or procedures. The group has an ongoing stream of corporate action data that must be verified to accurately calculate the total returns for our indexes. The Associate Index Analyst would be able to help reconcile some of the more frequent corporate actions (i.e., cash dividends, special dividends, stock splits, reverse stock splits, etc.), enabling the Index Analysts more time to focus on complex corporate actions.
CRSP has created, maintained and updated research-quality historical US market databases for common stocks, mutual funds, treasuries, REITS and indexes.
The CRSP Indexes are a logical extension of our core products. They blend advancements in academic research with industry practice in a fundamentally sound manner under the premise that an index must reflect the way that money managers actually invest. CRSP's new series of transparent and investable indexes provide the necessary foundation for the development of related research products, central to CRSP's scholarly heritage. They are relevant to practitioners, academicians and commercial entities, whether for managing funds, benchmarking or doing research.
PRINCIPAL DUTIES AND RESPONSIBILITIES:

  • Process and apply corporate actions on the appropriate effective date.
  • Verify and edit exchange listings and de-listings, stock identifiers and dividends.
  • Support the Index Analysts and Supervisors by participating in projects as required.
  • Ability to maintain confidentiality and deal with confidential information.

  • KNOWLEDGE, SKILLS AND EXPERIENCE

  • Bachelor's degree in finance, Economics or a business relevant bachelor's degree supplemented with significant additional courses in Finance &/or Economics required. Additional courses may be part of a certificate program such as the Financial Decision-Making Certificate Program at the Graham School, or MBA candidates with a concentration in Finance or Economics and limited previous experience.
  • Fulfilled all requirements for full competency at the CRSP Market Data Analyst position OR for a similar position while working for another financial information/database product provider required.
  • Gained one (1) year of experience demonstrating complete competency at the CRSP Market Data Analyst position OR gained one (1) year of experience in a similar role while working for another financial information/database product provider required.
  • Excellent written and verbal communication skills required.
  • Ability to pay meticulous attention to detail required.
  • Highly developed analytical, problem-solving, communication and research skills required.
  • Proficiency with Microsoft Office required.
  • Understanding/knowledge of corporate actions preferred (spin-offs, mergers, acquisitions, rights issues, etc.) preferred.
  • Working knowledge of U.S. and global financial markets incorporating indexes preferred.
  • Working knowledge of financial data and real-time news sources preferred.
  • Familiarity with gathering information from SEC filings preferred.
  • Ability to work effectively individually and deliver results quickly within strict deadlines while working in a dynamic, cross-functional, team-oriented environment required.
  • Planning, strong attention to detail, analytic and problem-solving skills, ability to investigate and analyze information and to draw conclusions, ability to use independent judgment and operate under time-pressure and strict deadlines.
  • Work is performed in a professional office environment. Work will require extensive computer terminal use, possibly involving multiple screens and keyboards in individual workspaces and regular use of additional shared terminal and hardcopy resources.

  • HOURS
    Hours of operation are approximately 9:30 AM - 6:00 PM. Some flexibility may be required.
    REPORTING RELATIONSHIPS:
    Reports to the Associate/Assistant Director of Index Operations

    The Company
    HQ: Chicago, IL
    100 Employees
    Hybrid Workplace
    Year Founded: 1960

    What We Do

    CRSP provides data of the highest integrity and transparency to ensure the strongest foundation for economic forecasting, stock market research and financial analysis conducted by academic organizations, investment banks, brokerage firms, corporations, and government agencies. Our data has led to the transformation of the world of finance.

    Why Work With Us

    Our culture is truly unique. We employ and engage with some of the brightest minds in finance and seek to encourage the dissemination of knowledge and expansion of the frontier of financial research in a professional environment committed to mutual respect and teamwork.

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    Center for Research in Security Prices (CRSP) Offices

    Hybrid Workspace

    Employees engage in a combination of remote and on-site work.

    Typical time on-site: Flexible
    HQChicago, IL
    Downtown Chicago with lots of good food options and after work fun. Close to several commuting stations.

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