Director - Index Management Director - Index Management …

S&P Global
in New York, NY
Permanent, Full time
Last application, 01 Mar 21
Competitive
S&P Global
in New York, NY
Permanent, Full time
Last application, 01 Mar 21
Competitive
Director - Index Management
The Role: Director, Index Management Grade: 13 (relevant for internal only) The Location: New York
The Team: The Global Index Management & Production Group, including North America, Global Strategy, Factor and LATAM Index Management teams (15-20 analysts).
The Impact: The Director of Index Management, will oversee the teams responsible for the launch, rebalancing, maintenance and calculation of a wide range of equity indices across global markets, including numerous index families produced as part of strategic partnerships between SPDJI and stock exchanges in the Americas and the iconic S&P 500, Dow Jones Industrial Average and S&P/TSX 60 indices. The successful candidate will be expected to ensure the alignment of processes and adherence to global policies and practices as well as demonstrate an exceptional understanding of equity markets, the impact of corporate events and the design of a range of financial index strategies.
What's in it for you: As part of the global Index Management team, you will work collaboratively with a wide range of indices, teams and functions across global markets and must be able to solve non-routine problems on an on-going basis, work on short and long-term projects and ensure continued development of the direct reports you will manage and the teams you will oversee.
Responsibilities:
  • Review and analyze equity index methodologies, ensuring new concepts are properly vetted and existing indices continue to perform as intended through changing market conditions, all the while demonstrating a deep knowledge of the investment process, portfolio theory and financial markets more broadly. (15% of the time)
  • Take a lead role in index committees, including joint committees as part of exchange relationships. Lead methodology reviews to ensure indices are calculated in accordance with SPDJI standards and continue to meet their stated objectives, commissioning and performing analysis to support the process. (15% of time)
  • Assess capacity to maintain additional indices within the Index Management team. Liaise with other key stakeholder groups, including Research & Design, Product Management and PMO in the development and launch of new indices. (10% of time)
  • Talent Management for Index Management employees, in particular team leads, with responsibility for staff performance, development and recruitment. (10% of time)
  • Work with senior management to establish and execute on a global strategy to achieve Operational Excellence across the department. (10% of time)
  • Oversee index production undertaken by teams of Index Managers across the regions described above. Ensure index production processes are streamlined and effective. Test and enhance key index management procedures and controls across teams. (15% of time)
  • Ensure high standards of quality are met and maintained across teams in different locations. Lead the Index Management QA process for these teams to review any errors and enhance processes accordingly. Participate in the global QC process. (10% of time)
  • Work closely with S&P Dow Jones Indices technology group to further enhance our system capabilities by identifying (and by working as part of a team to correct) deficiencies in our wor flow and quality control processes. Lead User Acceptance Testing (UAT) as required. (10% of time)
  • Ensure client needs are met at all stages of the index management process (development of new indices and ongoing maintenance/methodology). Work closely with Product Management and Client Coverage teams to understand and respond to client needs.
  • Act as a subject matter expert and a senior point of escalation for analysts and team leads in dealing with all manner of high profile and complex issues arising from index production.
Compensation/Benefits Information: S&P Global states that the anticipated base salary range for this position is $122,500 to 279,200. Base salary ranges may vary by geographic location. This role is eligible to receive S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires . US Only
Qualifications:
  • Minimum of 7 years' professional experience. At least 5 years' experience working with financial indices to demonstrate necessary knowledge and experience
  • Minimum of 3 years' management experience required. Experience of developing staff members and building teams and structures to meet business needs is strongly preferred
  • Bachelor's Degree. Advanced degree in business, math, economics, or finance strongly preferred
  • Excellent analytical capabilities and experience working with large financial data sets, knowledge of programming languages, VBA, SQL or Python would be an advantage
  • First class understanding of how indices are used, the impact of different methodologies, equity fundamental and corporate event events on financial portfolios
  • Ability to learn S&P's proprietary index calculation engines and rebalance and index maintenance procedures quickly
  • Ability to take a leading and subject matter expert role in coordination with the technology group and production support group to further enhance our system capabilities by identifying (and by working as part of a team to correct) deficiencies in our workflows and quality control processes
Preferred Qualifications:
  • Fluency in written and spoken Spanish or Portuguese would be an advantage
  • Excellent written and verbal communication skills and the ability to coordinate work done by multiple people and / or groups
At S&P Dow Jones Indices, our role can be described in one word: essential. 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 1,000,000 indices, S&P Dow Jones Indices defines the way people measure and trade the markets. We provide essential intelligence that helps investors identify and capitalize on global opportunities. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spdji.com S&P Global is an equal opportunity employer committed to making all employment decisions without regard to race/ethnicity, sex, pregnancy, gender identity or expression, color, creed, religion, national origin, age, disability, marital status (including domestic partnerships and civil unions), sexual orientation, military veteran status, unemployment status, or any other basis prohibited by federal, state or local 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: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person. The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.

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)

Job ID: 259049
Posted On: 2021-03-03
Location: New York, New York, United States
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