Job Purpose:
- IHS Markit is looking for a junior analyst/graduate with quantitative/investment background
- The focus of the role is to support the development of new Markit and bespoke indices for clients, focusing on leveraging assets available to IHS Markit and creating innovative products
- The role encompasses the full lifecycle of index product development, from market research, prototyping, client validation, product development, and coordination with other internal teams to ensure successful product launch
- The individual will be part of a team that creates intellectual capital for IHS Markit and have ownership and responsibility of the index design process.
Your Responsibilities:
- Support the development of new benchmark and tradable bond indices in conjunction with key index stakeholders
- Undertake analysis of markets and data collection and conduct scenario analysis for the research and development of new index methodologies
- Extensive modelling of index methodologies in order to produce index constituent list and weights, and to back-test results
- Attend client meetings and conference calls with salespeople to present the current thoughts and ideas of Markit Indices and to understand and manage client requirements
- Writing of index specification guides
- 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:
- Solid quantitative background from top schools with strong academic record
- Programming skills in Java, C++, or Python and SQL
- Knowledge of the fixed income, especially bond market
- Excellent analytical and problem solving abilities and modelling
- Understanding of other asset classes including equities, FX and derivatives is an advantage
- A high degree of awareness of the financial/resource implications of index design decisions is required
- A keen interest in the developments and trends within financial markets in areas such as fixed income, asset management and ETFs
- Highly motivated and eager to take the initiative and assume full responsibility for the delivery of projects
- Creative and being able to adapt to changing priorities and deadlines in a fast paced environment
- Intellectually curious, open minded and being able to solve complex problems logically
- Willing to collaborate with and support colleagues within the global Index Research and Design team and contribute regularly to group discussions
- Possess a high level of attention to detail, focusing on the quality of projects
- Critical for the candidate to present new ideas succinctly and clearly as well as drill into the technical details of index construction
- Needs to be articulate and possess excellent verbal and written communication skills
- The candidate must be able to communicate effectively with both technical and business people with varying expertise
- Must be able to work collaboratively with other index and product specialists within the many IHS Markit businesses.
Source: for more information click here.