EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.Financial Services Office, EY Comply, Index Analyst Senior: This position could be located in CA, TX, NY, NJ, PAEY is the only professional services firm with a separate business unit, the Financial Services Office (“FSO), dedicated to the wealth and asset management, bank and capital markets, and insurance firms. Our FSO teams have been at the forefront of the most significant industry events that are reshaping and redefining the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!The opportunityYou will play a crucial role in enabling asset managers to seamlessly incorporate indices into their investment strategies, utilizing elements of financial engineering, business analysis, and research. Your primary responsibility will be to ensure that the indices are tailored to meet client needs and regulatory requirements. Additionally, you will focus on the precision and timeliness of index data, a fundamental factor in driving astute investment decisions. You will collaborate with portfolio managers, account managers, technology teams, operations, and data vendors, underscoring the importance of a diverse, multifaceted approach to financial solutions. As a Senior in EY Comply you will work primarily at the Irvine or Austin office, which is comprised of high-performing resources, who work closely with our experienced client serving professionals, to deliver managed services to our Financial Services clients. Join our team and assist leading asset managers in transforming their business models to address their most complex challenges.Key responsibilities
Undertake feasibility studies for new benchmarks, incorporating financial engineering principles when needed. Develop tailored proposals based on client requirements, technical and vendor capabilities. This includes defining specific business rules for composite indexes, sub-indexes, and implementing currency hedging and other special strategies as required.
Collaborate with internal teams to implement client directives regarding benchmark construction and maintenance
Conduct risk assessments and develop scripts to model commodity-based and other security-based benchmark models and look-throughs
Provide oversight and conduct validations of index risk measures, prices, and security-level compositions ensuring key stakeholders are kept informed of progress and expected outcome.
Partner with technology to standardize data sources and identify opportunities to improve operational efficiencies and automation in index data management processes
Develop algorithms to identify, record, and correct index data quality issues.
Analyze and interpret key market drivers that impact index pricing, risks measures, and security level compositions.
Manage index vendor relationships and provide support and oversight for benchmark setup, maintenance, and system enhancements
Drive high quality work products within expected timeframes and budget.
Skills and attributes for success
Resourceful problem-solver, approaching complex issues with a critical mindset and finding creative solutions and understanding of processes and excellent project management skills with the ability to execute multiple initiatives and tasks simultaneously.
Deliver consistent results for assigned responsibilities with a focus on excellence, attention to detail, and effective interpersonal and communication skills
Thrive in fast-paced environments, embracing shifting priorities and enjoying the challenge of working with ambiguity
Demonstrate credibility and trustworthiness through consistent behavior, high ethical standards, confidentiality, respect for others, integrity, and sound judgment
Ability to navigate unstructured processes and managing multiple demanding responsibilities
Develop relationships with team members across multiple geographic locations and time zones, building positive relationships and partnering effectively across diverse teams and external vendors, enabling others to reach their full potential
Show flexibility and ability to manage multiple responsibilities, including delivery of exceptional quality work to our clients.
Be a motivated self-starter, eager to share knowledge and best practices with your colleagues and leaders.
To qualify for the role, you must have
Minimum of 5 years of work experience in index data management, benchmark construction, and maintenance, including validation of index risk measures, prices, and security-level compositions.
Proven experience with end-of-day pricing, stock split processes, and processing monthly index rebalances.
Strong understanding of portfolio/risk management fundamentals and quantitative fixed income mathematics.
Proficiency in SQL and/or another programming language, with experience in managing, reconciling, and reviewing large fixed income data sets.
Ability to multitask and manage time-sensitive deliverables in a fast-paced environment.
Excellent communication skills with the ability to write effectively and present findings to clients and internal stakeholders.
Demonstrated leadership, project management, and organizational skills.
Bachelor’s degree in Math, Statistics, Computer Science, Economics, Engineering, or another quantitative subject.
Ideally, you’ll also have
Direct experience working with indices at an asset manager or large reference data provider.
Experience interfacing with portfolio managers and account managers regarding index data.
Vendor management oversight experience.
Hands-on experience with performance attribution and risk modelling.
MBA or equivalent advanced degree.
CFA certification or progress towards it.
Ability to multitask and manage time-sensitive deliverables in a fast-paced environment.
What we look forYou should be flexible and able to manage multiple responsibilities, including delivery of exceptional quality work to our clients. In addition, you’ll be a motivated self-starter, and will value sharing best practices with your colleagues and leaders.What working at EY offers:We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, unlimited vacation days (as approved by management), plus 19 firm-wide holidays, and a range of programs and benefits designed to support your physical, financial, and social well-being. Plus, we offer:
Support, coaching and feedback from some of the most engaging colleagues in the industry
Commitment to providing meaningful on-the-job coaching and training to further bolster your skills and growth
Opportunity to continue to create marketable, desired skills and progress your career
About EYAs a global leader in assurance, tax, transaction, and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities, and creative freedom to develop your career. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.Join us in building a better working world. Apply now!What we offerWe offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The salary range for this job in most geographic locations in the US is $82,800 to $136,600. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $99,400 to $155,300. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.The exceptional EY experience. It’s yours to build.EY | Building a better working worldEY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY’s Talent Shared Services Team or email SSC Customer Support at [email protected]