Custom Index Manager

S&P Global; New York (NY); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Health & Wellness

Flexible Downtime

Continuous Learning

Retirement planning

Family friendly perks

Job summary

S&P Global seeks a Data Operations Associate (Positon: Custom Index Manager) in New York to manage the full data lifecycle from preparation to reporting. You will implement complex index methodologies, interact with proprietary systems, and work with large data sets in Excel.

Coding for automation and quality improvement is required, with client-facing index maintenance responsibilities. The role covers a broad range of indices across equities, fixed income, commodities, derivatives and real

Qualifications

• Strong math background and analytical abilities.
• 0–3 years of professional experience; internships okay.
• Excellent analytical/quantitative problem solving under pressure.
• Detail oriented with daily production task discipline.
• Excellent written and verbal communication; ability to coordinate across groups.

Responsibilities

• Data preparation, validation, and entry into calculation engine.
• Improve processes and tools; support real-time and end-of-day data delivery.
• Prepare and calculate client custom indices; adjust data per index rules.
• Maintain and troubleshoot complex index models in Excel daily.
• Provide customer service to custom index clients and perform quantitative analyses.
• Collaborate with IT and other groups within S&P Index Services.

Skills

Math background

Excel/VBA

SQL

Python

GenAI/LLM

Analytical skills

Communication

Education

Bachelor's degree (or higher)

CFA I/II a plus

Advanced math/CS degree preferred

Tools

Excel

SQL

Python

VBA

Job description

About the Role:

The Data Operations Associate is responsible of the entire data lifecycle from data preparation to reporting and recognizes the interconnected nature of the data analytics and data operations. The Data Operations Associate must be able to analyze and implement complex index methodology and solve non-routine operational problems on an on-going basis and have experience and ability to interact with S&P proprietary calculation systems and work with large and complex data sets in excel. Processes automation skills and experience via coding is required. It is expected for the candidate to leverage coding skills to be able to improve velocity, reliability, and quality of data operations and analytics. As part of the responsibilities, the Data Operations Associate follows a methodology to select and weight index constituents and to maintain indices on a daily basis accounting for corporate actions. This individual manages a wide range of indices covering mostly Capital markets - equities, fixed income, commodities, derivatives, and real estate. The Data Operations Associate maintains key relationships with clients in support of the indices. The Data Operations Associate is also required to act as a backup to other index managers in the department, making knowledge of their product line essential.

Grade Level (for internal use):

10

Positon: Custom Index Manager

Position Description:

The Data Operations Associate is responsible of the entire data lifecycle from data preparation to reporting and recognizes the interconnected nature of the data analytics and data operations. The Data Operations Associate must be able to analyze and implement complex index methodology and solve non-routine operational problems on an on-going basis and have experience and ability to interact with S&P proprietary calculation systems and work with large and complex data sets in excel. Processes automation skills and experience via coding is required. It is expected for the candidate to leverage coding skills to be able to improve velocity, reliability, and quality of data operations and analytics. As part of the responsibilities, the Data Operations Associate follows a methodology to select and weight index constituents and to maintain indices on a daily basis accounting for corporate actions. This individual manages a wide range of indices covering mostly Capital markets - equities, fixed income, commodities, derivatives, and real estate. The Data Operations Associate maintains key relationships with clients in support of the indices. The Data Operations Associate is also required to act as a backup to other index managers in the department, making knowledge of their product line essential.

Responsibilities:

• Searching for, validating, and entering data into our calculation engine and ensuring ongoing data integrity.
• Contribute to the continuous improvement of our processes and tools.
• Preparing and calculating client custom indices. This includes performing analytical research on companies to determine the composition of the index, adjusting data in our calculation system, and adjusting the data to conform to the rules of the index.
• Must ensure timely and accurate delivery of real-time and end-of-day index data to clients and end users.
• Maintain, update, and troubleshoot complex index models in excel on a daily basis.
• Provide customer service to existing custom index clients as it pertains to their indices.
• Quantitative analyses of index returns, weights and constituents.
• Manages and maintain relationships with key members of other groups within S&P Index Services, across other S&P departments, particularly IT.

Compensation/Benefits Information (US Applicants Only):

S&P Global states that the anticipated base salary range for this position is $90,000 to $100,000. Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for additional compensation such as an annual incentive bonus.

This role is eligible to receive additional S&P Global benefits

What We’re Looking For:

Basic Required Qualifications:

• Strong Math background.
• 0 to 3 years of professional experience is required. Internships experiences are considered, and recent college graduates are welcome to apply.
• To be able to work under pressure.
• Must be able to demonstrate excellent analytical and quantitative capabilities to solve original, non-routine problems in a timely and insightful manner.
• Detail oriented with ability to consistently perform daily production tasks.
• Superior Excel/VBA, SQL, GenAI/LLM skills along with Python coding knowledge is required to manage and manipulate large data sets while making processes automations.
• Work well under pressure.
• Basic understanding of equity index math and concepts, equity markets, commodities pricing, bond, and derivatives calculations (options, futures, swaps, forwards, etc.)
• Must be able to work independently on multiple projects with minimal direction or supervision
• CFA level 1 or 2 qualification would be a plus but not required.
• Ability to assume responsibility, work with others and manage projects.
• Ability to learn new data and calculation platforms in a limited time.
• Requires excellent written and verbal communication skills and the ability to coordinate work done by multiple people and / or groups.
• Experience dealing with customers in a time-sensitive demanding environment where interpretation of data has both objective and subjective components requiring persuasion and influencing skills.

Additional Preferred Qualifications:

• Bachelor’s Degree. Advanced degree in math, actuarial science, computer science, information systems strongly preferred.

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 and 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 can take 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 and engaged 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.

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), ANLYTC202.1 - Middle Professional Tier I (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)

Job ID: 330057

Posted On: 2026-07-20

Location: New York, New York, United States