Index Operations Senior Analyst

Company Overview:

MerQube is an innovative fintech firm, leading the development of cutting edge technology for indexing and rules-based investing. MerQube offers design and calculation solutions for complex rules-based strategies. Launched in 2019 in New York and San Francisco by a team of index industry veterans and technology experts, MerQube was created to provide a technology focused alternative.

MerQube designs and calculates a wide variety of indices, ranging from thematic to ESG, QIS and delta one , while covering multi-asset, equities, futures as well as options. Leveraging cloud-based architecture and today's most advanced index-tracking technology, MerQube's platform enables its clients to bring ideas to market quickly and efficiently.

Position Summary

As a young and quickly growing company that combines financial understanding and engineering, MerQube’s environment is fast-paced, collegial, flexible and offers meaningful work. We are hiring an Index Operations Senior Analyst to be responsible for the daily maintenance of index operations, focusing data quality and supporting both internal and external ad hoc projects. Supported by the Director of Operations, you will join a culture of respect, transparency, and strong collaboration.

Key Responsibilities

• Assist in managing processes for handling incoming financial data, including analysis and validation.
• Identify and investigate potential errors in incoming data, liaising with data vendors as needed.
• Conduct research on corporate actions like Mergers & Acquisitions, Spin Offs, and Rights Issues for index application.
• Aid in the launch and maintenance of new client and MerQube branded indices.
• Conduct rigorous quality checks prior to index launch, ensuring meticulous adherence to agreed-upon methodologies and regulatory guidelines, and proactively identify opportunities for enhancement and innovation.
• Assist in reviewing index methodologies, benchmarks, and compliance statements.
• Contribute to automating processes, including validating financial data.
• Support operations across asset classes such as equity, fixed income, derivatives, and commodities.
• Provide client support regarding index data and calculations.
• Assist in ensuring compliance with regulatory requirements.
• Help perform end-of-day checks to maintain data quality before index dissemination.
• Assist in screening rebalancing requirements and implementation.

Qualifications

• Strong understanding of financial market data and news, with a willingness to learn more and develop further.
• Strong understanding of financial data sets and applications like FactSet, Reuters, Morningstar, and Bloomberg.
• Expert in researching corporate action details and their impact on indices, with a desire to deepen this knowledge.
• Knowledge of financial benchmarks, ETFs, index methodologies, and rebalances, with the ability to grasp concepts ranging from basic to more complex.
• Experienced in process improvement initiatives, with the ability to contribute to writing requirements for engineering.
• Exposure to customer support roles, including internal customer support, and a willingness to further develop these skills.
• Ability to collaborate with cross-functional teams.
• Bachelor’s degree in finance or a related field, or currently pursuing such a degree.
• Basic knowledge of SQL and Python, with the ability to learn and apply these skills in a professional setting.
• Awareness of Benchmark Regulations and IOSCO principles, with a willingness to gain further understanding in these areas.

We believe in creating and preserving an environment of collaboration and growth for all team members, and take steps every day to promote inclusivity, wellness, and fun. With these commitments in mind, we are proud to offer:

• Competitive compensation packages

• Stellar full-time benefits, including medical, dental, vision, and more

• Flexible working arrangements, including opportunities to work remotely

• Community-first environment (we want your colleagues to be your friends!)

• Focus on health, wellness, and work-life balance

• Opportunities to learn, develop, and grow

• PTO, holiday, and sick time

Equal opportunity employer

MerQube is committed to building a diverse and inclusive team. All qualified applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, national origin, disability, protected veteran status, or any other factor protected by applicable federal, state, or local laws. If you’re the best person for the job, we want you on board!

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.