Manager, Index Operations

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.