Associate Index Calculation and Distribution Specialist (Associate ICAD Specialist)

S&P Global, Inc.; Dadri; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

S&P Global Dow Jones Indices in Noida, India, seeks an Associate ICAD Specialist to support daily calculation and production of equity indices across Asia and EMEA. You will run QA validations, monitor real-time index calculations, and ensure timely dissemination of end-of-day values to clients.

You will work closely with technology and production teams to improve system capabilities, automate processes, and resolve production issues while maintaining strong client relationships.

Qualifications

• Minimum of 2 years of professional experience in financial services or analytics.
• Strong understanding of financial markets and asset classes.
• Ability to solve non-routine problems with analytical rigor.
• Proficiency with Excel and data tools; knowledge of Reuters/FactSet is a plus.
• Experience with Python and VBA for automating models.
• Excellent written and verbal communication.

Responsibilities

• Calculate S&P DJI indices daily and ensure timely delivery of data to clients.
• Run QA validations to ensure accuracy of index values.
• Monitor real-time calculation and distribution and investigate alerts.
• Recalculate underlying component indices when updates occur and escalate as needed.
• Collaborate with technology and production support to automate and troubleshoot.
• Maintain relationships with Client Coverage and IT Support.

Skills

Financial markets knowledge

Analytical skills

Excel

Access

Python

VBA

QA validations

Communication skills

Tools

Reuters

FactSet

Wind

Job description

About the Role:

Grade Level (for internal use): 09

The Team: The Index Calculation and Distribution Team within the Global Index Management & Production Group (IMPG).

The Impact:

The team is looking for an Associate ICAD Specialist to support the Index Management & Production Group (IMPG) in the Asia and EMEA regions. The ICAD Team performs a crucial operational function within IMPG and is ultimately responsible for supporting the day-to-day maintenance of a wide range of S&P Dow Jones (S&P DJI) branded equity indices, with a particular focus on daily operational processes and validations.

What is in it for you?

As an Associate ICAD Specialist, your work will focus on supporting the day-to-day calculation and production of a vast range of equity indices tracked by numerous listed products. The Associate ICAD Specialist must be able to solve non-routine problems on an on-going basis in a timely manner. They will be responsible for running various Quality Assurance (QA) validations for Global indices, monitoring real-time index calculation and distribution channels, as well as the timely production of end-of-day index values for both spreadsheet based and system-calculated indices, and their dissemination to clients.

Responsibilities:

• Calculate S&P DJI branded indices on a daily basis, ensuring timely and accurate delivery of real-time and end-of-day index data to clients and end user

• Run QA validations to the ensure accuracy and integrity of the index values distributed to clients

• Monitor real-time calculation and distribution of global indices, investigating system alerts, price movements and index value changes where appropriate and resolving in a timely manner

• Monitor various underlying component indices used in multi-asset methodologies for any updated values and recalculate where necessary, escalating to the respective Index Committee where dictated by S&P DJI policy

• Work in close coordination with the technology and production support groups in order to further automate, enhance our system capabilities and troubleshoot production issues

• Manage and maintain key relationships with other groups within the department and across other departments, particularly Client Coverage, Index Services and IT Support

What we are looking for:

• Minimum of 2 years of professional experience in a financial services or analytics role (at an index provider would be beneficial).

• Strong understanding of financial markets, asset classes and company fundamentals

• Must be able to demonstrate excellent analytical and quantitative capabilities to solve original, non-routine problems in a timely and insightful manner.

• Must be able to understand complex spreadsheet models and calculation algorithms.

• Strong working knowledge of analytical applications such as Excel and Access, and various data vendor tools including Reuters, FactSet and Wind would be a plus.

• Experience with Python and VBA would be beneficial, preferably coding/automating spreadsheet calculation models

• Excellent written and verbal communication skills

About S&P Global Dow Jones Indices

At S&P Dow Jones Indices, we provide iconic and innovative index solutions backed by unparalleled expertise across the asset-class spectrum. By bringing transparency to the global capital markets, we empower investors everywhere to make decisions with conviction. 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 USD 7.4 trillion in passively managed assets linked to our indices and over USD 11.3 trillion benchmarked to our indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/spdji.

What’s In It For You?

Our Mission:

Advancing Essential Intelligence.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership

Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you cantake care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to [e-mail]. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by 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: [e-mail] and your request will be forwarded to the appropriate person.

US Candidates Only:

The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

20 - Professional (EEO-2 Job Categories-United States of America), OPRTON202.1 - Middle Professional Tier I (EEO Job Group)

Job ID: 323609

Posted On: 2026-10-05

Location: Noida, Uttar Pradesh, India