Analyst development

About The Role

Grade Level (for internal use):

11

Job Description: Analyst - Fixed Income Index Developer

This role is ideal for someone who combines quantitative rigor, technical fluency, and fixed income product knowledge, while being proactive, collaborative, and deadline-driven in a high-profile environment.

The Team

The Fixed Income Index Development team is responsible for the design, back-testing, and implementation of benchmark and custom indices across global fixed income asset classes. The group works closely with R&D, Product, and Operations teams to deliver innovative, high-quality index solutions that serve institutional investors, asset managers, and ETF providers.

The Impact

As a Fixed Income Index Developer, you will play a critical role in developing, testing, and launching fixed income indices that are directly client-impacting and highly visible across the market. You will be responsible for ensuring index strategies are robust, data-driven, and operationally executable. This position requires strong quantitative, programming, and analytical skills alongside a deep understanding of fixed income markets.

What’s In It For You

• High visibility and client impact: You will drive the creation of indices that influence ETF launches, structured products, and benchmarks used globally.
• Cutting-edge development: Work hands-on with large, fixed income datasets, applying Python, SQL, and modern analytical tools to power index design and back-testing.
• Cross-functional collaboration: Partner with Product, R&D, and Operations teams, gaining broad exposure to the full lifecycle of index creation.
• Professional growth: The role offers an opportunity to deepen expertise in fixed income strategy design, quantitative research, and large-scale data engineering, while directly shaping front-line financial products.
  
  

Responsibilities

As a Fixed Income Index Developer, your responsibilities will include:

• Collaborating with Product, R&D, and Operations to design, test, and launch new fixed income indices.
• Conducting rigorous index back-tests to validate methodologies, stress test outcomes, and optimize strategies.
• Working with large datasets from multiple vendors and internal systems, ensuring data integrity, quality, and completeness.
• Translating complex index methodologies into Python- and SQL-based workflows to simulate and validate index performance.
• Partnering with operations to ensure seamless handover of indices into production, maintaining high accuracy and timeliness.
• Preparing high-quality documentation and presentations for Index Committees and internal stakeholders.
• Managing multiple projects simultaneously, balancing deadlines, risks, and cross-team dependencies.
• Developing tools, automation, and analytics to improve workflow efficiency and back testing capabilities.
• Serving as a subject matter expert for fixed income markets, contributing research and ideas for innovative indices.
• Upholding discipline, organization, and proactive communication in a high-stakes, client-impacting environment.
  
  

Basic Qualifications

What We’re Looking For:

• Bachelor’s degree in Finance, Economics, Mathematics, Computer Science, or related field.
• 5+ years of relevant experience, preferably in index development, fixed income research, or quantitative strategy.
• Strong working knowledge of fixed income markets (credit, rates, sovereign debt, corporates, Munis, structured products).
• Advanced proficiency in Python, SQL, and Excel for quantitative research and data analysis.
• Experience with large and complex financial datasets (e.g., Bloomberg, Refinitiv, ICE, S&P).
• Ability to manage multiple projects under tight deadlines with accuracy and attention to detail.
• Excellent communication and documentation skills, with strong collaborative orientation.
• Proven problem-solving abilities and the ability to adapt to evolving requirements.
  
  

Preferred Qualifications

• Master’s degree (Finance, Economics, Data Science, or related field) strongly preferred.
• Experience designing or managing benchmarks, ETFs, or custom indices.
• Familiarity with data science toolkits (Pandas, NumPy, SciPy, scikit-learn).
• Knowledge of risk models, yield curve construction, and duration/convexity analytics.
• Experience in back testing investment strategies using historical datasets.
• Strong organizational skills with demonstrated ability to handle multiple launches across geographies.
• Knowledge of workflow tools and version control (e.g., Git/GitHub, JIRA, Agile frameworks
  
  

Compensation/Benefits Information: (This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $120,00 to $135,000. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications. In addition to base compensation, this role is eligible for an annual incentive plan.This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here.

Return To Work

Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.

About S&P Global Dow Jones Indices

At S&P Dow Jones Indices, we provide iconic and innovative index solutions backed by unparalleled expertise across the asset-class spectrum. By bringing transparency to the global capital markets, we empower investors everywhere to make decisions with conviction. We’re the largest global resource for index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based upon our indices than any other index provider in the world. With over USD 7.4 trillion in passively managed assets linked to our indices and over USD 11.3 trillion benchmarked to our indices, our solutions are widely considered indispensable in tracking market performance, evaluating portfolios and developing investment strategies.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit

What’s In It For You?

Our Purpose

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our Benefits Include

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
  
  

For more information on benefits by country visit:

Global Hiring And Opportunity At S&P Global

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to [email protected]. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person. 

US Candidates Only: The EEO is the Law Poster  describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision -

20 - Professional (EEO-2 Job Categories-United States of America), RESECH202.2 - Middle Professional Tier II (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)

Job ID: 319215

Posted On: 2025-11-07

Location: New York, New York, United States