Index Analyst

LSEG; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Healthcare

Retirement planning

Paid volunteering days

Wellbeing initiatives

Job summary

London Stock Exchange Group (LSEG) in Bengaluru, India, seeks an Index Analyst for the ICSDOT team. You will maintain FTSE/FR and Custom Calculated indices, validate prices, and research stock information for an assigned portfolio.

The role requires night shifts and potential weekend work, with responsibilities spanning data validation, corporate actions, and client-facing support. Responsibilities include index rebalancing, data quality checks, and collaboration with teams to improve processes.

Qualifications

• Demonstrable understanding of global financial markets.
• Excellent analytical and quantitative capabilities.
• Able to work under stringent time constraints and manage multiple tasks.

Responsibilities

• Index construction and maintenance for FR and Custom Calculated Indices including rebalancing.
• Research and analyze market-driven events impacting index calculation.
• Verify dividends and corporate actions into the proprietary database following policies.

Skills

Global financial markets understanding

Analytical capabilities

Quantitative capabilities

English communication

Tools

IMINT

GedA

NDA (Time Series)

Workspace

DataScope

Electron (Real-Time)

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) 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 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.

You will be part of a collaborative and creative culture where we encourage new ideas. 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.

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