Equity Index Data Analyst

Equity Index Data Management (EIDM) is part of the Benchmarks & Indices Operations. We are a client-focused, technology-enabled team producing high-value index data for internal and external clients. EIDM owns the underlying reference data used in the calculation of equity index products globally. We maintain LSEG intellectual property by generating and maintaining: ICB Classifications, Free Float, Voting Rights, Nationality, Universe preparation, Liquidity, and similar data points for Index Review, Rebalance, and Reconstitution cycles.

We are recruiting an Equity Index Data Analyst for our EIDM team in Bengaluru. You will manage a broad set of quantitative and qualitative equity data across a global universe of companies, ensuring best-in-class quality and accuracy across all EIDM products. Equities Index Data plays a pivotal role in supporting global index data operations across multiple asset classes (predominantly Equity), ensuring operational continuity, data integrity, and strategic alignment across global teams.

·       Analyse, extract, standardize, and maintain quantitative and qualitative equity data from multiple information sources—including annual reports, company websites, and regulatory filings of public companies. Apply and uphold defined Index policies and ground rules to ensure a high degree of data quality and policy compliance.

·       Perform primary research and calculations for: free float, voting rights, shares in issue (total shares outstanding), nationality, industry classification (ICB), country assignment, universe collation, liquidity testing, and IPO set ups.

·       Conduct primary research during index review periods and draft first responses for client queries, consistent with policy and internal guidance

·       Perform Quality Control (QC) on peer outputs and provide constructive feedback to improve overall quality. Conduct root cause analysis (RCA) on data issues and drive action plans that prevent recurrence.

·       Identify and recommend automation or process optimization opportunities that reduce effort and risk in data management and analysis. Collaborate with senior team members to implement, test, and document improvements.

·       Contribute to the development and maintenance of SOPs for all relevant workflows, aligned with risk and governance guidelines.

·       Master’s degree in Finance or equivalent (MBA, CFA, CA preferred)

·       1+ years of experience in capital/financial markets, preferably financial research or index operations

·       Hands-on experience with key financial and referential equity datasets—notably entity masters, pricing, and classifications

·       Strong technology literacy:

·       Intermediate MS Office (especially Excel); experience with Power Apps, Power Automate (or similar)

·       Beginner-level SQL

·       Beginner-level familiarity with AI tools such as Microsoft Copilot, ChatGPT, and Gemini

·       Meticulous attention to detail; strong analytical and problem solving skills

·       Ability to interpret and apply Index policies and ground rules consistently

·       Clear written communication (especially for client query drafting)

·       Time management under strict deadlines and cyclical workloads

·       Documentation discipline (SOPs, RCAs, QC feedback) and collaborative mindset

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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