Index Analyst

LSEG Business Services RM; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

LSEG is seeking an Index Analyst to maintain FTSE/FR and Custom Calculated indices and to research stock and company information for an assigned portfolio. The role involves price validation, corporate actions, and data input into a proprietary database, with night shifts and potential weekend work.

Candidates must understand global equity markets, perform QA, and support clients with product features and documentation.

Qualifications

• A demonstrable 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 skills; proficient in English, both written and spoken.
• Proficiency in interpreting and analyzing corporate filings and applying that analysis to FR/FTSE and Custom Calculated Indices.
• Night shift work with flexibility for other shifts and possible weekend work.

Responsibilities

• Index construction and maintenance for FR/Custom Calculated, Thematic, capped, Smart and ESG Indices and rebalancings.
• Research and analysis on market-driven events impacting index calculation; supervise and validate data.
• Handle price validation, corporate actions, and input dividends into the proprietary database following methodologies.
• Provide backup and QA functions; support client queries and create user guides and documentation.

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

LSEG Information

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