Junior Index Research Analyst

Job category:
Analysis and Economic Research

Contract:
Permanent

Remuneration:
Market Related

EE position:
Yes

Introduction To maintain the integrity of existing indices, while contributing to the ongoing development of new indices through ongoing research, resulting in cutting edge offerings to index users to ensure clients base decisions on accurate information and JSE client service is maintained at a high level to build and maintain JSE reputation and integrity.

Results Delivery Apply cost effectiveness principles in everyday delivery to contribute to achievement of departmental financial targetsCreate insightful research papers of high quality by researching elements of index methodology or new indices over a 3-6 month period with pre-defined delivery datesEnsure high standard of research output is continuously met by independent Advisory Committee standards, as well as identified market needs being met effectivelyResearch the collecting of input data; interpreting and analysing data collected; conducting market consultation where necessary; formulating recommendations or conclusions; preparing cohesive research papers; presenting results internally and to the advisory committee and then following up on suggestions and hypotheses suggested by committee membersAssist in the optimization of index processes by identifying areas in which daily processes can be automated, updated or improved in any wayProduce quality output with minimal supervision to meet high standards which are expected by the team and ensure deadlines are met timeouslyIdentify where escalation is required to accommodate client demands and where possible, strive to achieve the level of output expected by senior membersImprove the quality of the data products for clients by enhancing the existing products and developing new and innovative index products Produce cost-effective and sustainable product enhancements to increase client service and develop and maintain themPlan product development window for at least a year in advance, or moreHave an independent opinion on client and broader market needs, opportunities and possibilities and act on this opinion by suggesting alternative approaches to the ones requested by the clients with the view to build longer term strategic views which contribute to the sustained relevance of the index service from the JSE Stakeholder Relationship Management Assist senior members of the team (when required to do so) with client visits or phone calls to communicate index-related concepts, interpret and resolve index queries and educate customers on index rules with their applicationWork with other team members in a cohesive manner by contributing to assigned responsibilities and projects in a joint activityMaintain a positive relationship with clients by managing conflict situations diplomaticallyDrive excellence by maintaining high standards to achieve client satisfaction by always being on time and producing accurate outputsMaintain clear communication with clients regarding mutual expectationsMonitor client satisfaction and be accountable for correcting customer-service issues and correct problems promptly and assertivelyEnsure that client queries are resolved timeously, accurately and comprehensively to maintain good relationships with clientsBe responsible for having a complete view of the JSE structure thereby ensuring that all queries are escalated to the correct person or department, if necessaryEnsure that all information provided to clients is accurate and that it doesn't breach JSE policiesDiscuss upcoming topical index news with the team to ascertain at what level they're at by their responsesMaintain good vendor relationships by engaging with third party data suppliers and partners (such as FTSE and other internal divisions) in a proficient manner, providing them with data and other requests where necessaryFind practical solutions to meet customer needs and where client requests are complex, gather information, clarify the data from multiple sources internally and provide a solutionProvide meaningful input to team discussions relating to potential improvements to client services and products and where possible, provide suggestions and consult with other members of the team to develop optimal client productsEnsure good vendor relationships by interacting and collaborating with third party data suppliers and partners (such as FTSE and other internal divisions) in a proficient mannerMaintain a positive relationship with clients by managing conflictive situations diplomatically, but firmly; strive for client satisfaction without compromising standards; maintain clear communication with clients regarding mutual expectations; monitor client satisfaction; take personal responsibility for correcting customer-service problems; correct problems promptly and assertively; make self fully available, especially when client is going through a critical period; answer specific queries from clients by applying analytical techniques to data to produce meaningful views Process Management Ensure the FTSE/JSE End of Day process is completed accurately by following standard procedures and ensuring that all relevant End of Day files from FTSE are received, verifying the structure and completeness of all received files and checking that all pre-agreed index changes are applied correctlyPerform the valuations of all JSE-administered indices (e.g.

JSE Commodities Indices and JSE Money Market Index) by validating the input data, calculating the index metrics and testing the reasonability of the resultPrepare a comprehensive resolution plan for when an operational process fails by having a good understanding of all JSE operational processes and request assistance from other team members and senior members for when corrective-action needs to be implemented and follow their guidance when implementing the solutions and ensure that time lines are adhered to according to timeframes stipulated in the SLAEnsure accuracy of index inputs and published index metrics and be able to calculate them independently Ensure consistency with JSE information in the public domain, so that there is no room for clients to think they can get more information from one member over another oneAnalyse data discrepancies by understanding the data input along with the relevant interactions and formulas and take the necessary steps to resolve the issues after identifying themDemonstrate a good understanding of the Index landscape, including knowledge of index users' business, products and services offered by global index providers and local competitorsAnswer specific queries from clients by applying analytical techniques to dataUnderstand the importance of accurate indices to the capital markets and maintain this knowledge through continuous self-learning and interaction with senior team members and market participantsDemonstrate competent knowledge of the JSE index rules by knowing which rules to apply in specific situations and making decisions on the application of these rules, engaging in group discussions regarding the impact of the application of rules on market participantsIndependently perform the free float review for JSE listed companies by analysing the shareholders of each company, measuring them against a set of rules and drawing conclusions to ensure that complicated examples are brought to the team at large for supportAddress all queries and include more senior staff members when resolving more complicated issues so that these issues can be brought to the entire team and be used as a brain-storming exercise to educate the team while resolving the issue at handPlay a meaningful role in the Index Rebalance by collecting and verifying data, calculating various inputs for the review, determining which changes are necessary (based on the data), rules and calculations, preparing and verifying the relevant public output documentation for accuracy and ensuring that the rebalance changes are applied correctly.

Create insightful research papers by producing research outputs that meet independent Advisory Committee standards and meet identified market needs by researching elements of index methodology or new indices to contribute to the ongoing development of new indices (research includes collecting input data; interpret and analyse data collected; formulate recommendation or conclusions; prepare research papers)Identify opportunities to refine existing products and developing of innovative new index products to improve quality and range of data products to clients while being cost effective and sustainable.

Self-Management Improve personal capability and professional growth in line with JSE objectives by discussing development needs and proposed solutions with managementBe an effective team member encouraging team work and freely sharing knowledgeVisibly live the JSE values contributing to the achievement of divisional objectivesManage self in terms of development, delivery and act as a self-starter Transformation and Innovation Contribution Identify, share and implement value adding improvement/innovative ideas and solutions contributing to divisional and JSE resultsDegree in Economics, Finance or StatisticsNo previous experience necessaryKnowledge and Skills required Intermediate software applications (Outlook, Word, Excel, Access, Internet, Email)Divisional service offeringsBusiness continuity standardBusiness principlesData analysisDecision-making processChallenging the status quo with a view to improving the environment or peoples understandingGiving presentationsIdentifying trendsEstablishing and maintaining collaborative relationships with peers / subordinates / managersAdapting behaviour to meet major changes at workAdapting to a major organisational changeBuilding and maintaining effective relationships with internal and external stakeholdersEvaluating resource allocationNetworking and building relationshipsCommunicating complex information orally#J-18808-Ljbffr

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