At a Glance
- Tasks: Design innovative equity and commodity indices while collaborating with clients and teams.
- Company: Join a leading financial services firm focused on index development in London.
- Benefits: Competitive salary, professional growth opportunities, and a dynamic work environment.
- Why this job: Make an impact in the finance world by creating tailored index solutions for clients.
- Qualifications: Strong Python skills, quantitative analysis experience, and knowledge of index methodologies required.
- Other info: Fast-paced role with opportunities to engage directly with institutional clients.
The predicted salary is between 36000 - 60000 Β£ per year.
This position is a senior role within ICE Data Indices (IDI) in London, focused on equity and commodity index development. The successful candidate will combine technical expertise, quantitative skills, and commercial acumen to design innovative index solutions and drive business growth. This is a highly proactive role requiring close collaboration with clients, sales, and business development teams to identify opportunities, customize indices, and deliver tailored solutions. You will engage directly with institutional clients to understand investment objectives, translate them into index methodologies, and oversee implementation with quant and development teams. The role demands strong Python programming skills, advanced data analytics capabilities, and deep knowledge of equity index construction methodologies, including market-cap weighting, factor-based strategies, ESG integration, and thematic approaches. Commodity index experience is also essential.
Responsibilities
- Client Engagement & Business Development
- Partner with sales and business development teams to identify client needs and market opportunities
- Engage directly with asset managers, ETF providers, and institutional investors to design custom equity and commodity indices
- Present index concepts, performance analytics, and methodology details to clients and stakeholders
- Index Design & Implementation
- Develop new index methodologies for equity indices (e.g., market-cap, equal-weight, factor-based, ESG, thematic) and commodity benchmarks
- Collaborate with quant and development teams to implement and deploy indices into production
- Ensure methodologies align with regulatory and industry standards
- Quantitative Analysis & Validation
- Perform rigorous quantitative analysis using Python, including back-testing, risk/return analytics, and scenario modeling
- Validate index calculations and ensure methodology rules are correctly applied
- Analyze performance attribution and sensitivity at both index and constituent levels
- Platform & Process Optimization
- Utilize the ICE Index Platform for index construction, profiling, and customization
- Identify workflow efficiencies and implement process improvements to enhance accuracy and scalability
- Research & Innovation
- Conduct ad hoc research on equity market trends, factor performance, and commodity pricing
- Stay ahead of developments in smart beta, ESG, and thematic index design
Knowledge and Experience
- Undergraduate degree in Math, Finance, Engineering, Physics, or Technology; advanced degree a plus
- Strong proficiency in Python for quantitative analysis, data manipulation, and back-testing
- Advanced Excel skills; familiarity with SQL is a plus
- Professional certifications such as CFA/CIPM are advantageous
- Deep understanding of equity index construction methodologies, including:
- Market-cap and equal-weight approaches
- Factor-based and smart beta strategies
- ESG and thematic index design
- Corporate actions and rebalancing processes
Index Product Development Manager employer: ICE Clear Europe Limited
Contact Detail:
ICE Clear Europe Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Index Product Development Manager
β¨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We canβt stress enough how important it is to make connections that could lead to job opportunities.
β¨Tip Number 2
Prepare for interviews by practising common questions and showcasing your Python skills. We recommend doing mock interviews with friends or using online platforms to get comfortable with the process.
β¨Tip Number 3
Showcase your expertise in equity and commodity indices during interviews. We want you to highlight any relevant projects or experiences that demonstrate your knowledge and problem-solving abilities.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Index Product Development Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your Python programming skills, quantitative analysis experience, and any relevant index development work. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about index development and how your background aligns with our needs. Donβt forget to mention your client engagement experience and how you can contribute to business growth.
Showcase Your Technical Skills: Since this role requires strong technical expertise, be sure to include specific examples of your work with Python, data analytics, and index methodologies. We love seeing real-world applications of your skills, so donβt hold back!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. Itβs the best way for us to receive your application and get you in front of the right people quickly. Letβs make it happen!
How to prepare for a job interview at ICE Clear Europe Limited
β¨Know Your Indices
Make sure you brush up on your knowledge of equity and commodity index construction methodologies. Be ready to discuss market-cap weighting, factor-based strategies, and ESG integration. This will show that you understand the core of what the role entails.
β¨Show Off Your Python Skills
Since strong Python programming skills are a must, prepare to demonstrate your proficiency. You might be asked to solve a problem or explain how you've used Python for quantitative analysis in past projects. Bring examples of your work if possible!
β¨Engage with Real Scenarios
Think about real-world client scenarios where you had to design custom indices. Be prepared to discuss how you identified client needs and translated them into actionable index methodologies. This will highlight your client engagement and business development skills.
β¨Stay Ahead of Trends
Research current trends in equity markets, smart beta, and ESG. Being able to discuss recent developments and how they could impact index design will impress your interviewers and show that you're proactive about staying informed.