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Index Operations Calculation Specialist

Nasdaq
Philadelphia, PA Full Time
POSTED ON 5/4/2026
AVAILABLE BEFORE 8/1/2026
Design, development, calculation, licensing, and marketing of Indexes. Specializes in the development of Indexes focusing on brand themes of innovation, technology, growth, and globalization. Provides custom Index services and design solutions as a third-party provider to selected financial organizations.

  • Guides the daily production teams in calculating the families of indexes (resource planning and scheduling).
  • Tracks and creates customer-focused and process driven metrics to ensure positive business performance.
  • Implements new business initiatives, products and processes in accordance with the Operational Excellence guidelines.
  • Coordinates cross‑functional internal teams and external partners to support the ongoing operations of launched indices, including responding to client inquiries and troubleshooting calculation or dissemination issues.
  • Plans resources for testing of new system enhancements or new products and monitors in accordance with project plan.
  • Oversees the on boarding of new analysts joining the team and coordinating training programs for their development.
  • Monitors and analyzes restatement situations of Indexes.
  • Trains and mentors analysts for various tasks and responsibilities.
  • Education Required: Bachelor's degree in accounting, business, finance or related field
  • Experience Required: At least 6 years

Recommended: Strong quantitative and analytical skills, including proficiency in:

  • Financial calculations (e.g., interest rates, pricing models, risk metrics)
  • Algebra and advanced arithmetic for formula-based computations
  • Technical proficiency in Python, SQL, R, and Databricks

This position can be located in Philadelphia, and offers the opportunity for a hybrid work environment (at least 3 days a week in office, subject to change), providing flexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

What We Offer

We’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq’s overall success.

In addition to base salary, Nasdaq offers significant other compensation (annual bonus/commissions and equity), benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq’s programs and rewards are intended to allow our employees to:

  • Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
  • Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
  • Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
  • Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
  • Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities

For more information, visit Nasdaq Benefits & Rewards Career page.

Salary.com Estimation for Index Operations Calculation Specialist in Philadelphia, PA
$60,037 to $74,046
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