Index Analyst

London Stock Exchange Group; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

London Stock Exchange Group in Bengaluru seeks an Index Analyst to maintain FTSE/FR and Custom Calculated Indices. You will research stock data, validate prices, and manage corporate actions to ensure accurate index content and timely updates for global clients.

The role requires strong analytical skills, proficiency in English, and flexibility for night shifts and potential weekend work as needed. Join a global leader in financial markets infrastructure and data services.

Qualifications

• Understanding of global financial markets.
• Excellent analytical and quantitative capabilities.
• Ability to work under exacting time constraints, multi-task and prioritize workload.
• Strong verbal and written communications in English.

Responsibilities

• Index construction and maintenance for FR/Custom Calculated indices, including rebalancing cycles.
• Research and analyze market-driven events impacting index calculation.
• Supervise and track announced corporate actions and verify dividends and actions.
• Input and verify corporate actions in the proprietary database per procedures.
• Handle QA tasks and provide client-facing support and documentation.
• Respond to client inquiries and assist with interpretation of index data.

Skills

Analytical skills

Quantitative skills

English fluency

Time management

Tools

Workspace

DataScope

Electron

NDA Time Series

Job description

The candidate will be part of the Index Custom Solutions and Alternatives Data Operations Team (ICSDOT) which is responsible for the maintenance and calculation of FTSE/FR and Custom Indices. Team is composed of expert financial professionals that provide support for our clients around the world. The Index Analyst is responsible for the maintenance of FTSE/FR and Custom Calculated ICW (Index, Constituent and Weightings) Content and will research stock and company information for all companies of an assigned portfolio, including price validation, corporate actions such as dividends and splits, attribute assignments, and share/ownership research. The Index Analyst must therefore understand global equity markets. Also need to supervise and validate the data and proactively raise suspects. Required to work on Workspace and DataScope suite of products and on Electron (Real-Time) and NDA (Time Series). This role requires the analysts to work only on night shifts (and flexible to work on other shifts) and be flexible for weekend work (if required), which could be mandatory.

Responsibilities

Index construction and maintenance for the various FR (Heritage Refinitiv) /Custom Calculated, Thematic, capped, Smart and ESG Indices including the Monthly, Quarterly, Semi-annual, and Annual rebalancing of Indices. Detailed understanding of the index rebalancing framework and capabilities, to support the development and maintenance of the Indices on databases like IMINT (Index Management Interface), GEDA and NDA. Research and Analysis on Market-Driven Events impacting Index calculation Closely supervise and track announced corporate actions. Supervise multiple news sources for new corporate action announcements. Research, verify and accurately input dividends and corporate actions (as specified in a relevant task list) into our proprietary database, following operational procedures and FR/FTSE Equity Indices Policies & Practices – Methodology. Provide backup functions for other team members and perform assigned QA tasks. Recommend methodology improvements in close consultation with clients and Index Managers. Identify gaps and shortcomings in the current processes, procedures, services and provide recommendations for improvement. Knowledge of DEMING, Experience working on Service Alerts and experience in creating Content Notifications is added advantage. Alert internal and external clients when data issues are identified. Participate as and when required in any projects or initiatives, supporting the onboarding of new business into the team. Price Validation and Verifications Validate system-captured prices. Must review captured prices against multiple sources and research and resolve any discrepancies under restrictive timelines. Responsible for verifying the correctness for hundreds of securities across multiple markets and working to strict deadlines. Help to test and implement major system and workflow improvements. Client Query Management The candidate supports our client facing organization by responding to client coverage questions related to existing product features, pricing, and functionality; developing user guides and documentation; assisting with client communications. Helping clients to understand how to interpret the analysis produced on their portfolios understanding the structure of our indices. Provide timely updates, investigation, and resolution to clients, when requested, on any pending requests or tickets. Communication Responsibilities Proactively communicate any issues to the rest of the team and managers, as appropriate. Actively contribute and lead training of other team members. Promote a good partnership ethic across the teams, actively encouraging interaction and aiding others where required.

Requirements

A demonstrable understanding of global financial markets. Requires excellent analytical and quantitative capabilities. Ability to work under exacting time constraints, multi-task and prioritize workload. Strong verbal and written communications skills required, proficiency in English, both written and spoken, is crucial. Must be proficient in interpreting and analyzing corporate filings and related documents, and apply that analysis to the data inputs underlying FR/FTSE and Custom Calculated Indices. This role requires the analysts to work only on night shifts (and flexible to work on other shifts) and be flexible for weekend work (if required), which could be mandatory.

Career Stage

Associate London Stock Exchange Group (LSEG)

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you. LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions. Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. We are proud to be an equal opportunities employer.

This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering. LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject. If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Our culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential. Our Data & Analytics, Capital Markets and Post Trade divisions have a combined power that provides a comprehensive, integrated suite of trusted financial market infrastructure services to help our customers pursue their ambitions. Explore our divisions LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across Europe, the Middle East, Africa, North America, Latin America and Asia Pacific. Find out more Get to know some of our people who are pushing the boundaries of technology, finance and more around the world.