Index Production Analyst
About MerQube:
MerQube is an innovative fintech firm, leading the development of cutting-edge technology for indexing and rules-based investing. MerQube offers design and calculation solutions for complex rules-based strategies. Launched in 2019 in New York and San Francisco by a team of index industry veterans and technology experts, MerQube was created to provide a technology-focused alternative.
MerQube designs and calculates a wide variety of indices, ranging from thematic to ESG, QIS and delta one, while covering multi-asset, equities, futures, as well as options. Leveraging cloud-based architecture and today’s most advanced index-tracking technology, MerQube’s platform enables its clients to bring ideas to market quickly and efficiently.
Position Overview:
As a young and rapidly growing company that combines financial understanding with engineering excellence, MerQube offers a fast-paced, collegial, and flexible environment with meaningful learning opportunities.
We are hiring an Index Production Analyst (Fresher) to support the daily maintenance of index operations. This role is ideal for early-career professionals who are eager to build a strong foundation in index management, financial data analysis, and operational excellence, with a strong focus on data quality and process discipline.
Key Responsibilities:
- Research and analyze asset prices, corporate actions, and other incoming financial data; investigate potential discrepancies and support coordination with data vendors to resolve issues in a timely manner.
- Support the application of corporate actions to indices in accordance with index-specific rules and methodologies.
- Assist in managing processes for handling and validating financial data, including preventive checks, error investigations, and remediation activities to maintain high data quality.
- Perform quality checks prior to index dissemination and support end-of-day validation processes.
- Contribute to the full lifecycle of index management activities, including validation, launch, rebalancing, and governance processes.
- Monitor and help maintain index accuracy across equity and multi-asset classes, ensuring alignment with defined methodologies and regulatory expectations.
- Assist in rebalance screening, preparation of rebalancing results, participation in index committee discussions, and implementation of approved rebalances.
- Support drafting, reviewing, and maintaining index methodologies, benchmarks, and compliance documentation under guidance from senior team members.
- Contribute to the design, documentation, and gradual automation of workflows to improve operational efficiency and reduce errors.
- Support index operations across multiple asset classes, including equities, fixed income, derivatives, and commodities.
- Prepare reports and basic analyses for internal stakeholders and assist in addressing client queries related to index data and calculations.
- Collaborate with global teams to support cross-regional workflows and ensure operational continuity.
Qualifications:
- 0–1 year of experience (including internships, academic projects, or traineeships) in finance, data analysis, index operations, or related fields, with a strong interest in index management and financial markets.
- Foundational understanding of financial market data, corporate actions, and their impact on indices, with a strong willingness to learn and deepen expertise.
- Exposure to financial data platforms such as FactSet, Reuters, Morningstar, Bloomberg, or similar tools through coursework, projects, or internships is a plus.
- Basic understanding of financial benchmarks, index methodologies, and rebalancing concepts, with the ability to learn both simple and complex scenarios.
- Interest in process improvement and automation, with the ability to document workflows and support optimization initiatives.
- Strong attention to detail with the ability to validate data, investigate issues, and follow structured problem-solving approaches.
- Good collaboration and communication skills, with the ability to work effectively in cross-functional and global team environments.
- Bachelor’s degree in finance, economics, mathematics, engineering, or a related quantitative field.
- Basic knowledge or hands-on exposure to Excel, SQL, and/or Python through academic work, projects, or self-learning.
- Awareness of regulatory standards such as Benchmark Regulations and IOSCO principles is a plus, with an eagerness to build expertise in compliance-related areas.
- Strong analytical mindset, curiosity, and problem-solving skills, with the ability to convert data into meaningful insights.
Our Commitment:
At MerQube, we foster a collaborative, fast-moving environment where team members can grow and expand their technical, financial, and professional skills. We prioritize wellness, work-life balance, and flexible working arrangements. We celebrate diversity and welcome team members from all backgrounds, encouraging continuous learning and long-term career growth while playing a key role in transforming the financial industry.
Benefits:
- Competitive compensation packages and benefits.
- Flexible working arrangements, including WFH options.
- Community-first environment fostering strong relationships.
- Emphasis on health, wellness, and work-life balance
- Opportunities for continuous learning, development, and career growth
Our commitment to diversity
MerQube, Inc. is committed to building a diverse and inclusive team. All qualified applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, national origin, disability, protected veteran status, or any other factor protected by applicable federal, state, or local laws. If you’re the best person for the job, we want you on board!
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.