Index Research Analyst (Governance)

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

VettaFi is a provider of indexing, data & analytics, industry leading conferences, and digital distribution services to ETF issuers and fund managers. It operates the ETFdb, Advisor Perspectives, and ETF Trends websites and the LOGICLY portfolio analytics platform—engaging millions of investors annually—empowering and educating the modern financial advisor and institutional investor.

Ready to be part of the action?

About VettaFi

VettaFi was created by unifying complementary businesses who shared a vision for client success, the value of relationships, and the importance of data. Brands such as ETF Trends, ETF Database, Alerian, and S-Network Global Indexes merged to form VettaFi in 2022. Together, we are dedicated to providing insights and specialized services that help asset managers and investors engage, grow, and thrive. VettaFi LLC is a wholly-owned subsidiary of TMX Group Limited (TMX Group).

Position Overview

VettaFi is seeking an enthusiastic and detail-oriented Index Research Analyst to join our dynamic team and eventually join Index Governance. As a key player in our global index operations, you will be responsible for researching corporate actions and ensuring the timely and accurate calculation, implementation, and dissemination of our global index products. Additionally, you will be responsible for supporting our Head of Index Governance in the oversight and management of VettaFi’s indexes, as well as the integration of recent and future acquisitions of indexes. Your work will directly support VettaFi’s diverse client base, helping them launch and manage innovative financial products, both exchange-traded and non-exchange-traded.

This role serves as an excellent opportunity for career growth, offering exposure to VettaFi’s broader teams following successful completion of an intensive training and integration process.

Reports to: Head of Index Production

Key Responsibilities:

• Index Portfolio Management: Oversee and maintain a portfolio of global indexes across various markets, industries, and client needs, ensuring optimal functionality and relevance.

• Index Calculation & Dissemination: Validate daily index calculations and the timely dissemination of data, adhering to our proprietary index methodology guidelines through VettaFi’s advanced index platform.

• Quality Assurance: Perform comprehensive QA processes, ensuring the accuracy and reliability of data related to index calculations, corporate actions, and other index-related information.

• Corporate Action Research: Research and monitor global corporate actions, leveraging internal and external datasets to guarantee precise action details and impact assessments.

• Impact Analysis: Analyze corporate action events, ensuring that their implementation aligns with index methodology guidelines, and communicate findings to stakeholders.

• Data Feed Monitoring: Track and validate key data feeds (corporate actions, FX rates, exchange prices, etc.) to ensure ongoing data accuracy.

• Client Reporting: Create and distribute regular index statistics, factsheets, presentations, and other materials for clients, showcasing key performance indicators and insights.

• Custom Reporting: Design and implement automated custom reports for index licensees, delivering actionable insights tailored to their needs.

• Client Support: Provide timely and thorough responses to a range of index-related client inquiries, from corporate actions to statistical analysis and marketing collateral.

• Rulebook Management: Create new methodology guides based on the specifications of new indexes being launched. Maintain existing methodology guides based on potential rule changes throughout the life of an index. Migrate methodology guides into a consistent VettaFi format following the acquisition and integration of an index/index company.

• Index Committee Presentation: Prepare, support, and present vital information to the Index Committee related to new indexes ready to be launched. 

Must haves:

• Education: Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Information Systems, or a related field.

• Relevant Experience: Proven experience in financial indexing, structured products, portfolio analysis, or research.

• Technical Expertise: Advanced proficiency in Excel; ability to design, manipulate, and maintain large datasets with precision.

• Financial Knowledge: Strong understanding of portfolio theory, multi-asset allocation models, and financial/portfolio mathematics.

• Analytical Skills: Ability to identify issues, analyze data, synthesize information, and provide actionable recommendations.

• Organizational Skills: Excellent time management, prioritization, and ability to manage multiple concurrent projects and deadlines.

• Communication Skills: Exceptional written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences. Comfort and confidence in speaking to groups, including both internal teams and external stakeholders or clients, including those unfamiliar with the subject matter.

• Team-Oriented: A highly motivated team player who demonstrates integrity and courage in all endeavors.

• Growth Mindset: Curiosity and a commitment to continuous learning and professional development.

• Adaptability: Ability to thrive in a fast-paced, ever-changing environment.

Nice to haves:

• Programming Skills: Familiarity with programming languages/tools such as SQL, VBA, Matlab, Python, and other database query tools.

• Industry Knowledge: Understanding of global regulations related to financial indexes, exchange-traded products, and structured products.

• Report Writing: Expertise in writing clear, concise reports that convey complex information in an understandable manner.

Additional Details:

• Location: Hybrid (3 days per week in our New York Midtown office—Tuesday through Thursday).

Salary Range: $70,000 - $80,000 USD annually. Please note that the Salary Range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

At VettaFi, we foster a collaborative and inclusive culture that values diversity of thought and encourages innovation. If you're passionate about finance, data, and creating impactful solutions for clients, we'd love to hear from you. Join us in shaping the future of global financial markets.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.