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specialist
Product Specialist Full Time
About the job
About Factset
FactSet combines hundreds of databases into a single, powerful information system. It is a one-stop source for financial information and analytics for business analysts, portfolio managers, investment bankers / management firms and other financial professionals to analyze companies, portfolios, markets & economies. Founded in 1978 and operating from 43 locations worldwide employing nearly 8093 people, FactSet has over $1.1 Billion in annual revenues and is headquartered in Norwalk, Connecticut. Our operations extend within North America as well as Europe and the Pacific Rim. Since 1996, the Company has been publicly traded on the New York Stock Exchange under the symbol FDS, and is also dual-listed on the NASDAQ under the same symbol.
PROCESS BRIEF/ SUB-PROCESS BRIEF
FactSets Product Development department is responsible for implementing new products and enhancing existing ones. The mission of the department is to deliver simple, world-class solutions by collaborating with clients to understand their needs, with cross-functional project teams to share those insights, and with Sales to bring our solutions to market.
The Analytics group develops applications and solutions which facilitate tasks for portfolio managers, researchers, risk analysts, and performance analysts. Group members have strong financial backgrounds and understand the workflow of each of these investment professional types.
The Fixed Income Analytics Product Development group develops analytics which are used in Fixed Income Portfolio Analysis, Security Analysis, Asset Liability Management (ALM), and off platform data feeds. The mission of the group is to create and ensure high quality fixed Income analytics which facilitate the investment process of fixed income focused investment professionals.
Job Responsibilities
Product Specialist will work on a variety of projects related to enhancing Fixed Income Products. Following is the partial list of responsibilities:
Be the first line of defense to answer questions about Fixed Income Analytics from sales/consulting and reconciliation team
Undertake comprehensive testing of bugs and enhancements
Integrate commercial data into fixed income and risk analytic engines
Third party vendor testing
Monitor nightly error log and propose cleanup solutions
Monitor daily QA reports
Actively manage and share ideas to improve work processes and output
Efficient resource and work/tasks/projects allocation among team members considering business/client priorities with help of product manager(s).
If required, rotate the tasks to make sure no major dependency in the team.
Set half yearly/annual goals for team members and complete the performance appraisal
Direct and execute training, coaching, and mentoring to develop team members
Solve team issues/conflicts whenever required
Develop and maintain internal documentation used within the team.
Have a clear understanding of the clients needs and workflows
Identify and respond to client demand for new initiatives and enhancements to analytics solutions
Develop requirements specifications from business requirements and help engineering/QA to understand the same.
Work with engineers to fix bugs, test enhancements, and manage releases and client migrations
Work with Knowledge Management team to help write documentation as well as internal and external client communications
Eligibility Criteria Skills Required, Education & Experiences
Undergraduate (Bachelor’s) degree in Math/ Statistics/ Engineering/ Finance or related field
MBA Finance or Masters degree in some combination Mathematics/Statistics/Finance
2-8 years of experience dealing with portfolio analysis/equity analysis/fixed income analysis /portfolio optimization/MPT analysis at both conceptual and application level, at least 1 year of team handling experience
Knowledge of Fixed Income Products
Articulate communicator, with excellent language skills both oral and written
Has good understanding of financial clients needs and workflows
Liaise effectively (both written and oral) with engineers and data providers
Ability to work independently and within a group
Interest in learning modern technologies/knowledge
Basic understanding of SDLC (Software Development Life Cycle) & PDLC (Product Development Life Cycle)
Preferred Skills/qualifications/certification
Working towards CFA/FRM/CIPM (Most Preferred if any one level passed)
Technical skills: SQL/Python/Advanced excel
Prior experience with FACTSET platform
Career Progression Path:
Product Analyst à Product Analyst II à Associate Product Specialist à Product Specialist à Product Specialist II à Senior Product Specialist à Associate Product Manager à Product Manager à Senior Product Manager
