Sign upLog in
See more jobs

Manager, Index Operations

Paul Murphy Associates

  • Chicago, IL
  • Today

    Highlights

    This role combines people leadership, quantitative analysis, index calculation, and operational oversight, supporting a growing suite of benchmark and derivatives indices. Our client, a leading global financial markets infrastructure provider, is seeking a Manager, Index Operations to lead its U.S. index operations function.

    Numbers & Facts

    LocationChicago, IL

    Description

    This job is posted on behalf of Paul Murphy Associates by Top Echelon.


    Title: Manager, Index Operations


    Location: Chicago, IL (Hybrid)


    Our client, a leading global financial markets infrastructure provider, is seeking a Manager, Index Operations to lead its U.S. index operations function. This role combines people leadership, quantitative analysis, index calculation, and operational oversight, supporting a growing suite of benchmark and derivatives indices. You'll work closely with product, technology, quantitative research, and clients to ensure the accuracy, scalability, and integrity of index operations.


    Responsibilities



    • Lead and develop a team responsible for daily index operations and production.

    • Oversee the calculation, validation, and quality assurance of benchmark and derivatives indices.

    • Drive automation and operational improvements using Python and other analytical tools.

    • Support new index launches from implementation through ongoing production.

    • Partner with product, technology, and quantitative teams to enhance methodologies and operational processes.

    • Participate in governance and committee discussions surrounding index methodologies and enhancements.

    • Serve as a key point of contact for clients regarding operational support and index calculations.

    • Lead post-incident reviews and implement process improvements to strengthen operational controls.


    Requirements


    We're looking for professionals with experience in one or more of the following:



    • Exchange operators

    • Index providers

    • Market infrastructure firms

    • Asset managers

    • Financial data and analytics providers

    • Trading or quantitative research organizations


    What You'll Bring

    • Experience leading index operations, benchmark administration, or quantitative market operations.

    • Strong understanding of options, equities, financial markets, or index products.

    • Hands-on experience with Python (preferred), SQL, or other analytical programming languages.

    • Knowledge of index methodologies, calculations, and operational controls.

    • Experience managing operational processes in a regulated or highly controlled environment.

    • Strong leadership, analytical, and stakeholder management skills.

    • Financial indexing and benchmark administration

    • Derivatives and options markets

    • Quantitative analysis

    • Python automation

    • Data validation and quality assurance

    • Process improvement and operational controls

    • Team leadership


    Why This Role



    • Lead a high-impact function supporting widely used financial indices.

    • Blend leadership, quantitative analysis, and operational strategy.

    • Influence new product launches and methodology enhancements.

    • Work closely with product, technology, and quantitative teams.

    • Join a collaborative, technology-driven organization with significant opportunities for growth and visibility.

    Similar Jobs

    See more jobs