Vice President Index Design and Research

Leading a team of initially 5 people in the administration of fixed income indices.
The individual will build the index administration function from the ground up, including all necessary software and processes, and hiring.

Main Duties and Responsibilities:

The responsibility of the individual is to build, work in, and manage the administration of fixed income bond indices
Administration of fixed income indices is comprised of:
Maintaining the static data database with up to date data on bonds in the index
Manage the regular rebalancing process (monthly for most bond indices) through the Technical Committees which are composed of major investment banks. This will include setting up and facilitating conference calls, preparing documentation, highlighting issues and driving to resolution where TC input is required, writing minutes
Write rebalancing reports, membership lists and index previews
Provide second level help desk support to clients
Prepare documentation for annual Oversight Committee meetings
The families of bond indices that fall under the responsibility of the team are the
Markit iBoxx indices in EUR, GBP, USD, JGB, Global inflation-linked, Global
Emerging Markets Local Currency, Asian Bond Fund, European High Yield, Eurobond EM, and various liquid and custom indices based on these benchmarks
The scope of these indices will expand quickly may also include the administration of indices for third parties, including multi-asset class indices and complex investment strategy indices (“alternative beta”)
The individual will be responsible for the documentation of the administration processes and communication within the firm and with clients
Furthermore, the individual and his team will support the Head of Index Design in the design phase of benchmark and bespoke indices
There will likley be some rotation of staff members between Index Design and Index Administration

Skills and Experience Required:

The individual needs to be, in order of importance

Technicaly skilled
A team player
Energetic
Industrious

Experience Required:

Quantitative studies, such as math, engineering, finance, statistics or a science. No advanced degree required
A detailed technical knowledge of fixed income indices, and working knowledge of equity, rates, commodities and derivatives is required
At least three years experience in administering indices for cash bonds and other asset classes traded over the counter
Management experience preferable
The individual is expected to be a strong team player, with proven track-record of working with people, including people that are not functionally tied to them
We need someone who is detail oriented enough to build high quality, superior and robust processes
Pleasant personality, other people will need to want to work with them as the individual will not have direct reports
Looking for somone that is enthusiastic, energetic, detail oriented, teamplayer
The individual will have direct high impact on the bottom line of the business and the reputation of Markit Group and Markit Index
Good communication skills with clients and team members is a must

Please apply with CV and covering letter to careers@markit.com citing "Vice President Index Design and Research" in your email.