ISS STOXX – Head – Index Custom Calculation Services ISS | Institutional Shareholder Services

The Corporate Institute; Gurugram District; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Gurugram, India, seeks an experienced Index Custom Calculation Services Head to build and lead a team that configures, calculates and disseminates custom QIS indices under the ISS STOXX mandate.

The role requires liaising with STOXX clients, optimizing daily operations, collaborating with stakeholders, coding in Python, and coordinating automation with the technology department to ensure accuracy and compliance.

Qualifications

• Master's degree in Finance, Economics, Mathematics or a related field.
• CFA or FRM designation is a plus.
• 8+ years proven experience in team management or a related role with deep knowledge of Financial Markets, strategy indices, investment products and portfolio management.
• At least 5 years experience in QIS, derivative and optimisation based indices.

Responsibilities

• Lead the team in delivering top quality service, SLAs, and regulatory requirements.
• Liaise with existing clients for service management calls and onboarding new clients.
• Drive process improvements including automation to ensure data quality and efficiency.
• Ensure correctness of daily index calculation for derivative and strategy/QIS indices.
• Monitor configurations to ensure corporate actions adjustments and periodic reviews are processed correctly.
• Supervise input data feeds according to Custom Index Methodology and coordinate adjustments.
• Monitor and evaluate index constituents for accuracy and relevance.
• Identify and assess risks related to index composition and market changes.
• Contribute to presentations for internal and external stakeholders.
• Provide subject matter expertise on index setup and maintenance, market impacts and expectations.
• Develop new Python tools, specify requirements for technical development and test new applications/tools; document processes and workflows.

Skills

Team Leadership

QIS (Quantitative Investment Strategy)

Python

Data Quality

Financial Markets

Stakeholder Engagement

Education

Master's degree in Finance/Economics/Mathematics

CFA/FRM designation a plus

Tools

Python

VBA

SQL

Axioma Portfolio Optimiser

Refinitiv

Bloomberg

Job description

– For our office in India (Gurugram), we are currently looking for an experienced Index Custom Calculation Services Head, willing to build, develop, and manage a team for STOXXs Custom Calculation Services.

– The team will be responsible for the configuration, calculation and dissemination of custom QIS indices under ISS STOXX Index mandate.

– The successful candidate will play a key role in liaising with the ISS STOXX Clients, to optimize the day to day Custom Calculation Services activities and the launch of custom indices.

– The successful candidate will also work in close collaboration with various ISS STOXX stakeholders to ensure best practice and compliance to Operations Department policies, new rules definition based on clients requirements, coding of tools in python, and coordination of the automation processes with the technology department.

– This is an excellent opportunity for the right candidate with a strong background in QIS (Quantitative Investment Strategy) index management, a deep understanding of financial markets, and excellent leadership skills, to join a high-performance team and actively support the creation of this activity by applying knowledge and skills to a large number of routine and non-routine activities and also becoming involved in a new, interesting and challenging projects.

– There are numerous good reasons to work for us: responsibility at an early stage, attractive social benefits, an international working environment and a broad variety of career opportunities.

– Applications from people with disabilities are welcome.

Responsibilities

• Lead the team in delivering top quality service, service level agreements, and regulatory requirements.
• Liaise with existing client for service management calls, and pitching onboarding new clients.
• Drive process improvements to ensure consistent data quality and efficiency, such as automation of data quality diagnostics by developing a new system/tool that will enable quality assessment of data without manual intervention.
• Ensure the correctness of daily index calculation for derivative and strategy/QIS (Quantitative Investment Strategy) indices.
• Monitor configuration of indices to ensure that corporate actions adjustments for equities and periodic reviews of the custom indices are processed correctly.
• Supervise input data feeds according to Custom Index Methodology specification, identify changes and coordinate adjustments.
• Monitor and evaluate index constituents, ensuring accuracy and relevance.
• Identify and assess potential risks associated with index composition and market changes.
• Contribute to the creation of presentations for internal and external stakeholders.
• Provide subject matter expertise on index set-up and maintenance, markets impacts and anticipate market expectations.
• Develop new python tools, specify requirements for technical development and test new applications/tools from end to end Document processes and workflows in the Custom Calculation Services Unit.

Qualifications

• Hold a Master’s degree in Finance, Economics, Mathematics or a related field.
• CFA of FRM designation is a plus.
• 8+ years proven experience in Team Management or a related role with in-depth knowledge of Financial Markets Industry, strategy indices, investment products, & Portfolio Management.
• At least 5 years experience in QIS (Quantitative Investment Strategy), derivative and optimisation based indices.
• Demonstrate leadership and team management skills, including strong organizational skills, capability to prioritize and strategic thinking abilities.
• Has strong communication and relationship-building and Stakeholder engagement skills.
• Effective communication skills for conveying complex information.
• Excellent attention to detail and accuracy in data interpretation.
• Be able to work under pressure and to handle multiple tasks time-efficient and autonomously in parallels and work on tight deadlines.
• Be able to work and learn autonomously without minimum of supervision and training (self-starter/self-learner).
• Be a team-player, customer orientated attitude and ability to act as a proactive, independent team player with hands-on mentality.
• Knowledge of MS Office applications; VBA, optimisation, SQL skills.
• Python is critical.
• Axioma Portfolio Optimiser would be a differentiator.
• Knowledge of market data vendors (i.e. Refinitiv, Bloomberg, SIX, ICE) is a must.