RC - Index Solutions - Staff - EY GDS

Position: Staff/Senior

The opportunity:
Work as staff/senior on multiple workstreams for middle and back-office functions for an asset management client.

Responsibilities

• The key responsibilities include, but are not limited to:
• Collaborate with Account Management and Portfolio Management teams to implement client directives regarding benchmark changes.
• Process monthly and ad hoc benchmark rebalances.
• Provide oversight and conduct validations of index risk measures, prices, and security-level compositions.
• Partner with technology to identify opportunities to improve operational efficiencies and automation in index data management processes.
• Research and create detailed documentation for new and existing data sources, working with technology and vendors to standardize data.
• Develop scripts to create custom security-based models for use as benchmarks.
• Perform analysis and construct benchmarks, applying business rules to derive composites and sub-indices, and adding currency hedges, if necessary.
• Develop algorithms to identify, record, and correct index data quality issues.
• Understand key market drivers that impact index pricing, risk measures, and security level compositions.
• Provide oversight of index vendor relationships.
• Respond to inquiries from various teams and desks using index data.

Qualifications

• Minimum of a Bachelor's Degree required, preferably in Finance, Math, Statistics, Computer Science, Economics, Engineering or another quantitative background. A Master’s Degree and/or CFA preferred.

• Minimum 5 years of experience, which ideally includes index data management and oversight, building and maintaining benchmarks and indices; validation of index risk measures, prices, and security-level compositions; performing end-of-day pricing and stock split processes; processing monthly index rebalances, and addressing performance-related queries.

• Previous experience effectively interfacing with portfolio managers, account managers, and other internal colleagues related to index data is preferred.

• Prior vendor management oversight experience highly desirable.

• Hands-on experience with performance attribution and risk modeling.

• Knowledge of quantitative fixed income mathematics and a strong understanding of portfolio/risk management fundamentals.

• Intermediate-to-advanced SQL and/or programming language skills.