Job Purpose: 

  • Markit is looking for an experienced index designer to join Index Research and Design in Hong Kong as Assistant Director/Director to lead the index R and D activities in Asia
  • The focus of the role is to drive the development of new Markit and bespoke indices for clients in APAC and to support
  • This is a client facing role that will encompass the full life cycle of index development and suit an individual who is highly analytical, creative and possesses an attention to detail
  • The individual will be part of a team that creates intellectual capital for Markit and have ownership and responsibility of the index design process.

Your Responsibilities:

  • Leading the Asian Index R and D Team and contributing to global index R and D projects
  • Working with product management and business development to build business cases for new indices
  • Being able to deliver complex projects involving sales, product specialist and implementation teams
  • Representing Indices as a product expert to clients and to understand client requirements
  • Development of new benchmark and tradable bond indices in conjunction with key index stakeholders
  • Analysis of markets and data collection, researching and developing new index methodologies
  • Extensive modeling of index methodologies in order to produce index constituent list and weights, and to back-test results
  • Writing of index specification guides, fact sheets, operating manuals and business cases
  • Index setup and calculation: develop calculation prototypes and test cases for new indices; perform test calculations and reconciliation of the results with clients
  • Quality control: daily checks and testing of index calculation and output files around the release of new indices.

Skills and Qualifications:  

  • 7+ years’ experience with indices, either through direct index research and design, product structuring or within the context of a portfolio management, fixed income research or investment analysis based role
  • Proven capability to create indices or use indices within financial products or asset management
  • Comfortable with standard index and index management approaches as well as more sophisticated constrained indices, sampling techniques, indices of indices, etc
  • In-depth knowledge of either bonds, bond analytics or equities and equity derivatives and Excel modeling
  • A degree in a highly numerate discipline such as economics, financial mathematics or engineering
  • Excellent analytical and problem solving abilities and modeling
  • Preferable IT skills (Python, SQL, VBA, Excel)
  • Knowledge of a local language (Chinese, Japanese or Korean) a plus
  • CFA or MBA in Finance are viewed as an advantage
  • A high degree of awareness of the financial/resource implications of index design decisions is required
  • A good commercial sense around the P&L impact of new indices and index decisions
  • A keen interest in the developments and trends within financial markets in areas such as fixed income, asset management and ETFs
  • The individual needs to be detail oriented to build high quality, innovative products and possess the ability to understand business objectives and focus and prioritise multiple projects accordingly
  • Highly motivated and eager to take the initiative
  • Creative and being able to adapt to changing priorities and deadlines in a fast paced environment
  • Excellent attention to detail, both numerically and in written material
  • Strong problem solving skills
  • Strong Mathematical skills
  • Strong work ethic
  • High standard of verbal and written communication with internal and external audiences
  • Strong presentation skills, both verbal and written
  • Must be able to work collaboratively with other index and product specialists.

Source: for more information click here.

Share: