Job description
About MerQube:
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 Overview:
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 Analyst to be responsible for the daily maintenance of index operations, focusing on data quality and supporting both internal and external ad hoc projects.
Key Responsibilities:
- Lead, manage, and mentor a regional team responsible for the index production.
- Automate index production processes using Python and AI technologies to improve operational efficiency and accuracy.
- Contribute to the full lifecycle of index management, including validation, launch, rebalancing, and governance processes.
- Monitor and maintain index accuracy across equity and multi-asset classes, ensuring compliance with regulatory standards and methodology.
- Manage processes for handling and validating financial data, including preventive checks, error investigations, and remediations necessary to maintain data quality.
- Conduct research on corporate actions, ensuring accurate application in indices and resolving data discrepancies with vendors.
- Perform rigorous quality checks prior to index dissemination and assist with end-of-day validations.
- Write and review index methodologies, benchmarks, and compliance statements to align with industry standards.
- Support index production initiatives across multiple asset classes, including equity, fixed income, derivatives, and commodities.
- Provide actionable reports and analyses to stakeholders, addressing client inquiries related to index data and calculations.
- Collaborate with global teams to ensure seamless cross-regional workflows and operational continuity.
Qualifications:
- Minimum of 5 years of experience in index management, financial data analysis, or related fields, with a strong focus on corporate actions, data validation, and process optimization.
- Proven track record in team management, with demonstrated ability to lead, develop, and motivate high-performing teams.
- Intermediate to advanced proficiency in SQL, AI and Python, with the ability to apply these skills to improve operational efficiency.
- Strong understanding of financial market data, corporate actions, and their impact on indices, with a willingness to deepen expertise.
- Practical experience with financial data sets and tools such as FactSet, Reuters, Morningstar, Bloomberg, or similar platforms.
- Advanced knowledge of financial benchmarks, index methodologies, and rebalancing, with the ability to handle both basic and complex scenarios.
- Proven ability to maintain and validate data quality, investigate errors, and liaise with vendors to resolve discrepancies.
- Strong collaboration skills with experience working in cross-functional and global teams, ensuring smooth workflows and operational continuity.
- Bachelor’s degree in finance, economics, mathematics, or a related field; advanced coursework or certifications (e.g., CFA, CQF) are a plus.
- Awareness of regulatory standards, such as Benchmark Regulations and IOSCO principles, with a commitment to developing expertise in compliance-related areas.
- Strong analytical and problem-solving skills, attention to detail, with the ability to deliver actionable insights to stakeholders.
What we offer
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:
Benefits:
- Competitive compensation packages and benefits, including medical, dental, vision, and more
- Flexible working arrangements, including remote work options
- Community-first environment fostering strong relationships.
- Emphasis on health, wellness, and work-life balance
- Opportunities for continuous learning, development, and career growth
- PTO, holiday, and sick time
Our commitment to diversity
MerQube, Inc. 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.
