
Index Operations Intern
Required skills
Job description
MarketVector Indexes posted this role. Below, we break down what it means for a working student in Frankfurt: your weekly hours, take-home pay and visa limits.
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Description provided by MarketVector Indexes
Position: Index Operations Intern
Legal Entity: MarketVector Indexes
Location: Frankfurt am Main, Germany
Reporting to: Director, Equity Operations
Start Date: ASAP
Summary: MarketVector Indexes GmbH, the international index company of VanEck headquartered in Frankfurt am Main, is currently lookingfor an Index Operations Intern to supportthe MarketVector Index Operations team in their daily responsibilities. The position is located in Frankfurt. The index operations are carried out by a multinational team of more than 20 staff members across three locations and four sub-teams. The core index operations take place in Frankfurt while teams in New York and Mumbai support operations and cover their time zones. The team oversees the administration, review and controlling of all the MarketVector Indexes and works closely with all other teams within the company. This is an excellent opportunity for a candidate who would like to gain experience in almost all fields of indexing.
Essential Duties and Responsibilities:
Includes the following, other duties may be assignedas needed:
- Support MarketVector equity index operations with daily and periodical tasks.
- Assist in projects related to data acquisition, quality assurance and data consistency
- Take part in projects related to index operations, new indexes and index research processes
- Maintain knowledge of index industry news and events
- Monitor index data on daily basis
- Provide competitive index information
- Prepare regular index statistics and reports
To perform this job successfully, an individual must be able to performeach essential duty satisfactorily.
Qualifications
- Excellent data skills
- Familiarity with standardSoftware (MS Office, especially Excel)
- Team player with good communication skills
- Proficiency in writtenand spoken English,other languages are a plus
- Programming skills are a plus (Python, R, VBA, SQL) with a focus on automation and data processing
- Basic understanding of capital markets
- Professional demeanor
Duration
6 months (flexible)
Education and/or Experience
- Currently enrolled at a university program
- Some experience within a corporate environment is helpful but not required
MarketVector Indexes GmbH – A VanEck Company
MarketVector Indexesdevelops, monitors and markets the MarketVector Indexes,a focused selection of pure-play and investable indexes designed to underlie financial products. They cover several asset classes includinghard assets and international equitymarkets as well as fixed income markets.
MarketVector Indexes is the index business of VanEck, a US-based investment management firm and provider of the VanEck Vectors ETFs. Approximately USD 180 billionin assets under management are currently invested in financial products based on MarketVector Indexes.
Many of those products are the largestin their investment category. MarketVector Indexes also develops and maintains customized indexes for third parties that aim to track specific investment themes.
Working student essentials
What this Finance internship in Frankfurt means for you: the pay rules, the social contributions, and what international students should check before applying.
Weekly hours
Internships have no 20-hour cap, but a voluntary internship longer than three months generally has to pay at least the German minimum wage. Mandatory internships in your study programme are exempt.
Working student rulesSocial contributions
Mandatory internships are largely exempt from social contributions. Voluntary internships are treated like regular employment once they run long enough, so contributions usually apply.
Check your insuranceInternational students
Non-EU students can work 140 full or 280 half days per year (raised from 120/240 in March 2024). A working student contract usually fits within this — confirm the exact limits printed on your residence permit.
Studying in Germany