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Paul Murphy Associates
Manager, Index OperationsPaul Murphy Associates • Chicago, IL, US
Manager, Index Operations

Manager, Index Operations

Paul Murphy Associates • Chicago, IL, US
30+ days ago
Job type
  • Full-time
  • Quick Apply
Job description

Manager, Index Operations

Chicago | Hybrid (4 days/week)

The Opportunity

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.

Key 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.

Ideal Background

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.

Preferred Experience

  • 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.
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Manager, Index Operations • Chicago, IL, US

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