Role Overview

We are seeking a highly motivated and detail-oriented professional to join our Index Operations team as Manager / Deputy Manager. The role involves end-to-end ownership of index operations activities, including daily index maintenance, corporate action implementation, index reviews and rebalancing, operational risk management, quality assurance, and stakeholder coordination.
The ideal candidate will possess robust knowledge of equity and fixed income markets, index methodologies, corporate actions, and capital market operations. The role requires the ability to manage critical production processes, drive operational excellence, support technology initiatives, and contribute to the scaling and automation of index operations.

Key Responsibilities Index Maintenance & Calculation · Ensure accurate and timely execution of daily index maintenance activities across all assigned indices.
· Monitor index calculation processes and validate Price Return, Total Return, and customized index
outputs.
· Ensure timely dissemination of index levels, constituent reports,



and client deliverables.
· Investigate and resolve operational exceptions, data discrepancies, and production issues within
defined timelines.
· Monitor operational controls and recommend enhancements to strengthen process governance.

Corporate Actions & Adjustments · Track and evaluate corporate action announcements, including bonus issues, stock splits, rights issues,
mergers, demergers, special dividends, and other market events.
· Determine and implement appropriate index adjustments in accordance with index methodologies.
· Validate corporate action processing and maintain accuracy across all impacted indices.
· Coordinate with data vendors, product teams, and technology teams to ensure timely and accurate
implementation.
· Participate in methodology interpretation and impact assessment of complex corporate actions.

Index Reconstitution & Rebalancing · Execute periodic index reviews, reconstitu

📌 Manager/Deputy Manager – Index Operations (Mumbai)
🏢 BSE Index Services
📍 Mumbai