Data Analyst – Free Float recruitment

Background

FTSE is a fast growing, high profile independent company owned by the Financial Times and the London Stock Exchange Group.  Its mission is to provide investors globally with the best index and benchmarking solutions and decision making support tools.  The strategic intent of the company is to create an index business valued in excess of $3 billion by 2014-15, occupying a leadership position in all major developed and significant emerging markets.

FTSE is a leading provider of index data for institutional investors worldwide with over $3 trillion of assets benchmarked to FTSE indexes. Growing at over 20% each year, and working from a position of market leadership in the UK and Europe, FTSE’s strategy is to increase FTSE brand awareness globally and to continue to grow its business worldwide through acquisitions and partnerships as well as organic growth. 

FTSE is relied upon by financial markets globally, running the FTSE 100, FTSE MIB (Italy), Straits Times (Singapore), FTSE/JSE (South Africa) and FTSE Bursa Malaysia KLCI.  The company is at the forefront of indexes for the emerging market in China, operating the FTSE China A50 which supports the leading A Share ETF in Hong Kong. FTSE also works with the world’s biggest asset owners such as CalPERS, AP2, PGGM, AP3, AP7, ABN Amro, UBS, MPF and the Futures Fund, as well as the world’s largest passive fund managers, including Blackrock, State Street, Vanguard, Legal and General and UBS. 

FTSE operates from three major centres in London, New York and Hong Kong.  The company also has satellite offices in San Francisco, Paris, Milan, Dubai, Tokyo and Sydney.   FTSE also has a presence in China (Shanghai and Beijing) and India (Mumbai) as part of its strategy to establish a leadership position in major emerging markets. 

BUSINESS NEED

FTSE has become a significant and influential part of financial markets worldwide and has strong relationships within the financial service industry and with government and regulatory agencies worldwide. 

As a member of the Research Team, the Data Analyst – Free Float is at the hub of the business, responsible for the free float data used in FTSE’s UK index series.

Key Functions and Responsibilities

Reporting to the Director, Data Management within the Research Department, and working within a team of 14, the individual will be responsible for reviewing free float data as they become available and assessing the relevance for FTSE’s indices.  Key areas of responsibility are:

• Assign shareholders to FTSE-specific categories

• Monitor key vendors’ company reports updates for shareholder changes 

• Monitor company and other appropriate websites for shareholder changes

• Update database with all necessary changes

Qualifications/Experience

It is expected with limited supervision the candidate will be able to deliver each of the key objectives of the role identified above. It is therefore expected that he or she will have:

• Basic financial research skills

• Knowledge of company reports and relevant vendor feeds

• Knowledge of Bloomberg/Thomson Reuters beneficial

• Basic Excel skills

Type of Person

• Eye for detail

• Self-motivated, with the ability to work within a team or alone, as necessary

General

The following would be useful, but not essential

• Knowledge of the impact of corporate actions on shares outstanding

• Familiarity with the reporting of shareholder breakdown data in company annual reports