Fixed Income Index Associate

Institutional Shareholder Services Inc.; New York (NY); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

401(k) with company match

FSA

Paid time off

Volunteer day

Paid parental leave

Hybrid work options

Job summary

ISS STOXX in New York seeks an Index Associate to join the Index Surveillance & Monitoring team within the Index Operations Department. You will support index configuration, calculation, monitoring, and dissemination, with real-time market surveillance and oversight of third-party calculation agents.

The role includes contributing to strategic initiatives, including new index integrations and automation projects in partnership with IT.

Qualifications

• Master's degree in Finance, Economics, Mathematics, or a related field preferred.
• 1-2+ years of experience in a financial markets environment, preferably within the index industry or related fields.
• Strong understanding of financial markets, market data, and index/portfolio valuation principles.
• Knowledge of corporate actions and their impact on index calculation methodologies.

Responsibilities

• Monitor real-time market data used in index calculations and ensure accuracy of index values.
• Perform surveillance of index calculation processes and investigate issues.
• Oversee coordination with third‑party calculation agents.
• Support ownership research and provide timely information to clients via publications and notifications.
• Contribute to integration of new index concepts and automation projects in partnership with IT.
• Collaborate with global teams to maintain a consistent index management framework.

Skills

English fluency

Analytical skills

Problem solving

Attention to detail

Education

Master's degree in Finance, Economics, Mathematics

Tools

Bloomberg

Refinitiv

Python

SQL

VBA

Job description

ISS STOXX is Hiring in our New York office! We seek an Index Associate to join the Index Surveillance & Monitoring team within Index Operations Department. The successful candidate will join a dynamic global team responsible for the accuracy, integrity, and dissemination of STOXX and DAX Indices. In this role, you will support the configuration, calculation, monitoring, and dissemination of indices, including real-time market surveillance, oversight of third‑party calculation agents, and a range of index operations and governance activities. You will also contribute to strategic initiatives, including new index integrations, process enhancements, and automation projects in partnership with IT, while supporting both day‑to‑day operations and broader business objectives.

Key Responsibilities

• Monitor real‑time market data used in index calculations and ensure the accuracy and integrity of index values.
• Perform surveillance of index calculation processes and investigate potential issues or exceptions.
• Oversee and coordinate with third‑party calculation agents.
• Support ownership research activities and provide timely, accurate information to clients through publications and notifications.
• Contribute to the integration of new index concepts into existing monitoring and surveillance frameworks.
• Partner with IT and other stakeholders to identify and implement automation and process improvement opportunities.
• Participate in both day‑to‑day operational activities and longer‑term strategic projects.
• Collaborate with colleagues across global locations to support a consistent and high‑quality index management framework.

What You Bring to ISS STOXX

• Master's degree in Finance, Economics, Mathematics, or a related field preferred.
• 1‑2+ years of experience in a financial markets environment, preferably within the index industry, asset management, portfolio management, product development, structuring, or related financial services fields.
• Strong understanding of financial markets, market data, and the principles governing index and portfolio valuation.
• Knowledge of corporate actions and their impact on index calculation methodologies.
• Experience with fixed income portfolio management and valuation is preferred.
• Experience in corporate actions management, index operations, securities operations, listed company operations, data analysis, data cleansing, or data processing techniques is a plus.
• Strong analytical and conceptual skills with the ability to identify issues, evaluate solutions, and manage competing priorities.
• Ability to work effectively under pressure, handle multiple tasks simultaneously, and meet tight deadlines.
• Self‑starter who can work and learn independently with minimal supervision.

Additional Skills

• Fluency in English, both written and spoken; proficiency in an additional language such as Spanish, French, Italian, German, Portuguese, etc. is a plus.
• Familiarity with market data platforms such as Bloomberg and Refinitiv.
• Python, VBA, SQL, or database knowledge is beneficial but not required.
• Strong attention to detail with the ability to quickly identify, investigate, and escalation issues when appropriate.
• Excellent communication skills and a collaborative approach to working across teams and functions.
• Flexible, highly motivated, solution‑oriented, and committed to delivering high‑quality work in a fast‑paced environment.

This role offers the opportunity to work on both operational and strategic initiatives within a growing area of the business while contributing to the continued development and oversight of some of the industry's leading index solutions.

This role is only being recruited in New York City.

Base salary: The New York City expected base pay range is $80,000 - $100,000 per year. Exact compensation may vary based on skills, experience, and level of education. The role is bonus or sales incentive eligible.

What You Can Expect from Us

Our people are the moving force behind our work. We are committed to building a culture that values diverse skills, perspectives, and experiences. If you have the skills, passion, and drive to help us bring clarity and transparency to capital markets, we want to work with you. Together, we can grow your career in an environment that fuels creativity, drives innovation, and has real impact.

About ISS STOXX

ISS STOXX delivers world‑class research, data, and technology solutions that empower capital market participants to pursue their visions with confidence. Our expertise spans indices, corporate governance, sustainability, cyber risk, and fund intelligence, giving clients the tools they need to uncover opportunities, manage risks, and navigate evolving regulations. We are made up of 4,000 professionals operating across 20 countries and serving approximately 5,000 clients, including many of the world’s leading institutional investors. Our scale and reach give us deep market knowledge, while our innovative methodologies allow us to offer our clients tailored insights that drive impact and success.

ISS STOXX Indices, including the renowned STOXX and DAX families, sets the standard for rules‑based, transparent, and liquid benchmarks and indices. Our ready‑made products and customized solutions are used by sophisticated institutional investors, ETF issuers, and providers of derivatives and structured products.

We Offer the Following Featured Benefits

• Medical, Dental, and Vision coverage
• 401(k) with a company match up to 9%, including a Safe Harbor contribution
• Flexible Spending Account (FSA) and commuter benefit programs
• Generous paid time off
• Volunteer Day
• Paid parental leave
• Hybrid working options

Equal Employment Opportunity

ISS STOXX is an equal employment opportunity employer and does not discriminate against any employee or applicant because of race, color, ethnicity, creed, religion, sex, age, height, weight, citizenship status, national origin, social origin, sexual orientation, gender identity or gender expression, pregnancy status, marital status, familial status, mental or physical disability, veteran status, military service or status, genetic information, or any other characteristic protected by law (referred to as “protected status”). All activities including, but not limited to, recruiting and hiring, recruitment advertising, promotions, performance appraisals, training, job assignments, compensation, demotions, transfers, terminations (including layoffs), benefits, and other terms, conditions, and privileges of employment, are and will be administered on a non‑discriminatory basis, consistent with all applicable federal, state, and local requirements. For more information, please view https://www.dol.gov/agencies/ofccp/posters.

We are committed to ensuring equal opportunity in employment for qualified person with disabilities, fully in compliance with the Americans with Disabilities Act (ADA) in the US along with other applicable jurisdictions in which we operate. We prohibit discrimination against applicants and employees on the basis of disability as it pertains to the job application, hiring process, and other terms and conditions of employment. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact [e-mail]. This email is created exclusively to assist disabled job seekers where disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages sent for other purposes, such as following up on an application or other technical issues not related to a disability, will not receive a response.

Visit our website: https://www.iss-stoxx.com/ Learn more: https://stoxx.com/ View additional open roles: https://www.iss-stoxx.com/about/careers/