Index Operations Analyst

About the job

Created in 2019 by executives from globally recognized financial and technology firms, MerQube is pioneering the next generation of index-linked investing using state-of-the-art technology to design and calculate a vast array of indices. Leveraging cloud-based architecture and today's most advanced technology, MerQube's platform enables our clients to deliver customized investment ideas to the market cost effectively and with unparalleled speed.

Summary

As a young and quickly growing company that combines financial understanding and engineering, MerQube’s environment is fast-paced, collegial, flexible and offers meaningful work. Our company offers the ability to quickly see an impact in a tech-driven culture that is driving disruption and innovation. We are hiring an Analyst to be responsible for the daily maintenance of index operations, focusing data quality, supporting ad hoc projects and automations. Supported by the Director of Index Operations, you will join a culture of respect, transparency, and strong collaboration.

Responsibilities

• Research and analyse asset prices, corporate actions, and other incoming data, investigate potential errors and coordinate with data vendors to correct it in a timely manner.
• Ensure corporate actions are applied to the index based on the index specific rules.
• Review index methodologies, benchmark, and compliance statements, and make necessary updates as and when needed.
• Conduct quality check prior to index launch and ensure the index is built as per the agreed upon methodology.
• Collaborate with cross-functional teams to successfully launch indices.
• Perform rebalance screening, represent rebalancing result to index committee and implement rebalances.
• Perform end of day checks and ensure data quality prior dissemination of indices.
• Assist in automation of checks and rebalances.
• Work directly with the clients and resolve their queries as and when needed.
• Support operations across asset classes such as equity, fixed income, derivatives, and commodities.
• Participate in several initiatives taken by Operations team, share expert knowledge, provide feedback, and perform necessary testing.
• Ensure compliance with regulatory requirements, including adherence to IOSCO and EU Benchmark Regulations (BMR) and undertake responsibility for regulatory reporting.

Requirements

• Good understanding of corporate actions and its application in indices.
• Familiarity with benchmarks, index methodologies and rebalances.
• Experience using financial data sets and vendors platform, e.g. FactSet, Reuters, Morningstar, Bloomberg.
• Ability to work with cross-functional teams in a different time zones.
• Comfortable working directly with the clients.
• Should be able to work in a fast-paced environment under little guidance and a self-starter.

Skills and Qualifications

• Bachelor’s degree in finance or related field. MBA or master’s is a plus.
• Minimum 2 years of experience in corporate actions application and index management.
• Good knowledge of VBA, SQL and Python
• Familiarity with IOSCO and Benchmark Regulations preferred.