AM - Index Services

We have an opening with our client for the position of Assistant Manager-(index services).

Location: Mumbai

Qualification: MBA Finance

Key Responsibility:

Maintenance of indices:

1. Compile information received from listing department on corporate actions; Implement changes as per suitable corporate action for proper maintenance of indices.

2. Calculate daily indices using in-house application and disseminate indices to specific clients and upload into website.

3. Collate and review company filing, financial results and shareholding pattern on periodic basis for calculation of free float factor and various ratios and implement them in the system.

4. Review the annual reports of all companies listed in the exchanges to identify the company's economic activity and carry out sectoral classification and communicate to AMFI.

5. Calculate and provide MIS and other information at pre-defined periodicity and on ad-hoc basis to internal departments and external agencies (E.g. Regulators etc.)

6. Make relevant changes for periodic rebalancing of indices as per decision of Index Maintenance Sub-Committee.

Legal, secretarial and commercial:

1. Draw up an agreement as per requirements of clients, provide inputs on relevant legal clauses included in the agreement and negotiate terms of the agreement.

2. Coordinate for the finalization of the date for board/Index sub-committee meeting, Prepare agenda, discussion paper, minutes and required presentations in consultation with the secretarial department of Company.

3. Compilation of AUM details, raising invoices, payment and TDS certificates follow-up,

Design new indices:

1. Conduct research to understand market needs & global indices trends so as to assist in better creation or customisation of indices.

2. Identify index theme and develop rules for selection of companies and index calculation methodology for the creation or customisation of indices.

3. Coordinate with IT team for creation of relevant application towards supporting the smooth running of the indices.

4. Conduct historical calculation of the identified companies for analyzing trends and provide relevant data to investors.

5. Create fact sheets for the indices by analyzing real time vs. end of day calculations.

Role Requirements

- Understanding of the financial and securities markets.

Kindly Send me your updated profile with CTC details in cover letter