Index Operation Intern

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?

VettaFi is seeking a motivated and detail-oriented Index Operations Intern to join our dynamic team for the Summer 2025 Session. As an intern to our global index operations, you will have insight into the full lifecycle of the index business from methodology creation, back testing, and daily calculation and maintenance. 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.

Key Responsibilities:

• Corporate Action Research and Impact Analysis: Learn about different types of corporate actions and analyze the impact to each index, ensuring that their implementation aligns with index methodology guidelines, and communicate findings to stakeholders.

• Index Backtesting Support: Assist in buildout of Developed Markets Equity indexes by researching companies, sourcing historical data, and testing calculations.

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

Must haves:

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

• 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:

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

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

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

Additional Details:

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

Salary Range: $20/hr USD. 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.