The Role: Analyst, Fixed Income and Credit Derivatives
The Team: The Index Intelligence group provides analytical support to Index Governance colleagues and Index Committee members for existing indices and collaborates with SPDJI colleagues in PM & R&D during the new index development process. The Index Intelligence group also engages with external stakeholders by providing index level quantitative analytics during the index consultation process.
The Impact: Indexing is ascendant as clients and stakeholders seek increasingly complex and nuanced benchmarks. Fixed income benchmarks have an established place within index investing and the next generation of indices are now in demand. The Fixed Income Index expert will play a central role in assuring that indices are analytically sound and continue to meet their objectives through time.
What's in it for you:
The Fixed Income and CDS analyst role is an exciting opportunity to collaborate with index committees and governance colleagues, as well as operational, commercial, and research groups.
The analyst will be a part of analytical committees and represent S&P DJI through cross-divisional outreach and networking.
Participate in relevant industry events and collaborate with external experts, bringing their perspectives to index committees and arranging meetings and/or training for index committee members.
Assist Index committees during major index consultations, methodology revisions, index committee reporting, and own industry classification methodologies and supporting material.
Analyze data requirements in relation to various benchmark providers and index families (iBoxx, iTraxx, CDX). Be a resource for data retrieval and analysis under the supervision of the Director, Fixed Income and Credit Derivatives.
Be a resource for index committees by participating in committee discussions of potential index methodology changes and public consultations and challenging rebalance results.
Oversee third party data used in the production and maintenance of fixed income indices, including due diligence reviews of external data methodologies. Conduct impact analysis of external data methodology changes and identify ways to enhance oversight.
Undergraduate degree including coursework in finance, economics, mathematics and/or statistics.
Strong understanding of fixed income securities, covering rates, credit, derivatives, FX and futures markets, total return concepts, economic data and the impact on capital markets.
Strong intellectual grasp of analytical concepts underpinning indices such as index math, corporate actions, commonly used risk premia, basis risk and interactions between spot and derivatives markets, currency hedging and financial theory.
Strong analytical, research and investigative skills, quantitative/modelling techniques, ability to evaluate and assess complex topics and creatively problem-solve.
Demonstrated understanding of indices and their use in financial products.
Excellent written and verbal communication skills and the ability to coordinate work done by multiple people and/or groups. Strong attention to detail and work ethic.
Programming skills including Python.
Working knowledge of company fundamental data.
Experience with global markets, high yield or emerging markets.
CFA Charterholder or progress toward CFA Charter.
This role is limited to persons with indefinite right to work in the United States.
We pride ourselves on our agility and diversity, and we welcome requests to work flexibly. For most roles, flexible hours and/or an element of remote working are usually possible. Please talk to us at interview about the type of arrangement that is best for you. We will always try to be adaptable wherever we can.
Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative (link to career site page when available), we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Grade/Level (relevant for internal applicants only): 11
The Location: New York, NY
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $74,400 to $154,400 Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires.
About Company Statement:
S&P Global delivers essential intelligence that powers decision making. We provide the world's leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape.
S&P Dow Jones Indices provides iconic and innovative index solutions, bringing transparency to global capital markets.
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: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.