Index Governance Analyst

Index Governance Analyst

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we connect cross-functionally across industries and geographies to advance global economic growth and power critical systems that fuel capital formation and innovation.

The Index Governance Analyst is essential to the day-to-day administration of VettaFi’s benchmark control framework. The role operates across the company’s $87 billion global index suite (covering equity, factor, thematic, and fixed-income assets). It focuses on maintaining a library of policies and methodologies, tracking compliance attestations, and ensuring governance activities are documented for audit trails. This is an entry-level opportunity to gain exposure to index product development, quantitative regulatory compliance, and benchmark operations.

Key Responsibilities

• Governance Administration: Manage the central repository of VettaFi governance documents, ensuring version control and annual review tracking of Index Governance policies.
• Client Engagement & Support: Assist in client due diligence by managing information requests, clarifying index methodology details, and ensuring timely responses to inquiries from external stakeholders.
• Operational Index Review: Participate in and provide operational support for formal index reviews to verify that indexes continue to meet their original design and market representation.
• Methodology Development & Maintenance: Support drafting and creation of new index methodologies, and coordinate formal publishing and ongoing maintenance of all public-facing methodology documents on the corporate website.
• Compliance & Regulatory Reporting: Assist in ensuring compliance with IOSCO and benchmark reporting requirements. Serve as a point of contact for internal and external stakeholders, and assist the Head of Index Governance in preparing documentation and responses for regulatory inquiries (e.g., the SEC).
• Administrative Oversight: Manage the collection, logging, and tracking of annual employee training, compliance attestations regarding personal trading, and conflict disclosures.
• Operational Strategy: Partner with the internal technology provider to support the Head of Index Governance in the annual review of operational requirements.

Qualifications

• Education: Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related field. A communications degree is acceptable with corresponding financial market coursework or experience.
• Relevant Experience: 1–2 years of experience (or a recent graduate with relevant internships) in financial indexing, structured products, portfolio analysis, or research.
• Analytical Skills: Ability to identify issues, analyze data, synthesize information, and provide actionable recommendations.
• Growth Mindset: Curiosity and commitment to continuous learning, with a strong desire to develop expertise in index construction, financial benchmarks, and evolving global regulatory frameworks.
• Documentation Proficiency: Expertise in writing clear, concise reports that convey complex information in an understandable manner.
• Organizational Skills: Excellent time management, prioritization, and ability to manage multiple concurrent projects and deadlines.
• Communication Skills: Exceptional written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences; comfort and confidence in speaking to groups, including internal teams and external stakeholders or clients, including those unfamiliar with the subject matter.
• Team-Oriented: A highly motivated team player who demonstrates integrity and courage in all endeavors.
• Adaptability: Ability to thrive in a fast-paced, ever-changing environment where priorities may shift based on regulatory updates.

Preferred Qualifications

• Programming Skills: Familiarity with programming languages/tools such as SQL, VBA, Matlab, Python, and other database query tools.
• Industry Knowledge: Understanding of financial indexes, exchange-traded products, and structured products and related global regulations.

Location & Work Arrangement

This role is hybrid (3 days in the office/week) and based in New York City, NY.

Salary Range

$85,000/year - $95,000/year USD.

Company Highlights

• Excitement: Explore emerging technology and innovation, including ventures and digital finance that shape the future of global markets.
• Connection: Build meaningful connections and belonging through a global team and multicultural site hubs.
• Impact: Power mission-critical systems that drive global economic advancement, innovation, and growth, supported by an employee-led Team Impact giving strategy.
• Wellness: Emphasize flexible workstyle, generous time-off, and leaves to support a life well lived.
• Growth: Thrive with a growth mindset and opportunities to expand within the business.

Additional Information

Please note that the company is not currently sponsoring work permit applications, and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment where all individuals are treated with dignity and respect and where diversity is reflected in the community in which it operates. Accommodations are available for applicants and employees who require them.