Financial Markets Analyst - Index Review

Institutional Shareholder Services Inc.; Zug; On-site; CHF 90,000 - 130,000; Full time

Job summary

Institutional Shareholder Services Inc. (ISS STOXX) in Zug seeks an Index Review Specialist to oversee periodic reviews and rebalancing across major indices, applying sophisticated methodologies and ensuring data quality.

You will work with methodology, technology, product, research, and client-facing teams to support strategic initiatives shaping the future of index operations. The role requires a Master’s degree and 2+ years in financial markets, with strong English communication skills and

Qualifications

• Master's degree in Finance, Economics, Econometrics, Mathematics, Statistics, or a related discipline.
• Minimum 2 years of professional experience within financial markets, ideally in index management, asset management, portfolio management, structured products, financial engineering, or investment research.
• Strong understanding of equity markets, financial instruments, and index construction methodologies.
• Knowledge of corporate actions and their impact on index maintenance and portfolio management.
• Excellent analytical and problem-solving skills with strong attention to detail.
• Ability to manage multiple priorities simultaneously and deliver high-quality results under demanding timelines.
• Self-motivated, proactive, and capable of working independently with limited supervision.
• Strong communication and stakeholder management skills.
• Fluent in English, both written and spoken.

Responsibilities

• Execute periodic index reviews and rebalancing activities in accordance with established index methodologies and governance standards.
• Analyse and implement index methodologies across a diverse range of equity and thematic index families.
• Ensure the accuracy, consistency, and quality of index review outputs through rigorous validation and control procedures.
• Collaborate with internal stakeholders, including Product Development, Research, Technology, Client Coverage, and Compliance teams.
• Participate in strategic projects involving the implementation of new index concepts, methodology enhancements, and process automation initiatives.
• Contribute to the continuous improvement of operational processes, controls, and data management practices.
• Investigate and resolve complex operational and data-related issues while adhering to tight production deadlines.
• Support responses to client, regulatory, and internal inquiries regarding index reviews and methodology implementation.
• Actively contribute to a collaborative international team environment and share best practices across global locations.

Skills

Financial markets

Index management

Analytical skills

Stakeholder management

Python

SQL

VBA

Bloomberg/Refinitiv/FactSet

English communication

Education

Master's degree in Finance/Economics/Econometrics/Math/Statistics

Tools

SQL

VBA

Python

Bloomberg

Refinitiv

FactSet

Job description

Index Operations is responsible for the daily maintenance and governance of STOXX and DAX indices and is organized across four specialized functions: Index Surveillance & Monitoring, Index Review, Corporate Actions, and Index Data Research. Operating from six global locations (Frankfurt, Zug, Prague, New York, Hong Kong, and Delhi), the team ensures the integrity, accuracy, and timely maintenance of some of the world's most recognized indices, including the EURO STOXX 50®, STOXX Europe 600, STOXX Europe 50, DAX®, and a broad range of customized index solutions. As an Index Review Specialist, you will play a key role in the periodic review and rebalancing of equity indices, applying sophisticated index methodologies, ensuring data quality, and driving continuous process improvements. You will work closely with methodology, technology, product, research, and client-facing teams while contributing to strategic initiatives that shape the future of index operations.

Key Responsibilities

• Execute periodic index reviews and rebalancing activities in accordance with established index methodologies and governance standards.
• Analyse and implement index methodologies across a diverse range of equity and thematic index families.
• Ensure the accuracy, consistency, and quality of index review outputs through rigorous validation and control procedures.
• Collaborate with internal stakeholders, including Product Development, Research, Technology, Client Coverage, and Compliance teams.
• Participate in strategic projects involving the implementation of new index concepts, methodology enhancements, and process automation initiatives.
• Contribute to the continuous improvement of operational processes, controls, and data management practices.
• Investigate and resolve complex operational and data-related issues while adhering to tight production deadlines.
• Support responses to client, regulatory, and internal inquiries regarding index reviews and methodology implementation.
• Actively contribute to a collaborative international team environment and share best practices across global locations.

Required Qualifications

• Master's degree in Finance, Economics, Econometrics, Mathematics, Statistics, or a related discipline.
• Minimum 2 years of professional experience within financial markets, ideally in index management, asset management, portfolio management, structured products, financial engineering, or investment research.
• Strong understanding of equity markets, financial instruments, and index construction methodologies.
• Knowledge of corporate actions and their impact on index maintenance and portfolio management.
• Excellent analytical and problem-solving skills with strong attention to detail.
• Ability to manage multiple priorities simultaneously and deliver high-quality results under demanding timelines.
• Self-motivated, proactive, and capable of working independently with limited supervision.
• Strong communication and stakeholder management skills.
• Fluent in English, both written and spoken.

Preferred Qualifications

• Experience in index operations, corporate actions processing, securities operations, data management, or market data administration.
• Working knowledge of Bloomberg, Refinitiv, FactSet, or similar financial data platforms.
• Experience with SQL, database querying, VBA, Python, or other automation and analytical tools.
• Familiarity with data quality frameworks, operational controls, and process optimization initiatives.
• Understanding of regulatory developments impacting benchmark administrators and financial indices.
• Fluency in a second European language, such as German, French, Spanish, or Italian.

What We Offer

• The opportunity to work on globally recognized equity and benchmark indices.
• Exposure to a wide range of index methodologies, market events, and investment strategies.
• A dynamic international working environment with colleagues across Europe, Asia, and North America.
• Participation in high-impact strategic and technology-driven transformation projects.
• Ongoing professional development and opportunities for career growth within the index business.

Join us to help shape and maintain the indices that investors around the world rely on every day.

What You Can Expect from Us

Our people are the moving force behind our work. We are committed to building a culture that values diverse skills, perspectives, and experiences. If you have the skills, passion, and drive to help us bring clarity and transparency to capital markets, we want to work with you. Together, we can grow your career in an environment that fuels creativity, drives innovation, and has real impact.

About ISS STOXX

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, giving clients the tools they need to uncover opportunities, manage risks, and navigate evolving regulations. We are made up of 4,000 professionals operating across 20 countries and serving approximately 5,000 clients, including many of the world’s leading institutional investors. Our scale and reach give us deep market knowledge, while our innovative methodologies allow us to offer our clients tailored insights that drive impact and success. ISS STOXX Indices, including the renowned STOXX and DAX families, sets the standard for rules-based, transparent, and liquid benchmarks and indices. Our ready‑made products and customized solutions are used by sophisticated institutional investors, ETF issuers, and providers of derivatives and structured products.

Visit our website: https://www.iss-stoxx.com/ Learn more: https://stoxx.com/ View additional open roles: https://www.iss-stoxx.com/about/careers/

ISS STOXX is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. It is our policy to prohibit discrimination or harassment against any applicant or employee on the basis 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 (referred to as “protected status”). 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.