ISS STOXX is seeking a Head for the Index Custom Calculation Services team within the Index Operations Group to join our team in Gurgaon, India.
Overview:
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 STOXX’s 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.
Are you interested in working with a pleasant and very dedicated team? Convince us with an appealing application.
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.
Fluent in English both oral and written.
Knowledge/ Fluent in a second language (Asian (Chinese, Japanese and or Korean) or European ( French, Spanish, German) would be a strong advantage.
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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.
Visit our website: https://www.iss-stoxx.com/
Learn more: https://stoxx.com/
View additional open roles: https://www.iss-stoxx.com/about/careers/
ISS STOXX is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. It is our policy to prohibit discrimination or harassment against any applicant or employee on the basis 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.
