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Morningstar

Quantitative Analyst, New Product Development

Posted An Hour Ago
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Hybrid
Navi Mumbai, Thane, Maharashtra
Junior
Hybrid
Navi Mumbai, Thane, Maharashtra
Junior
The role involves developing new indexes through analytical collaboration, managing the product development cycle, and creating tools for portfolio analytics using quantitative techniques.
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Morningstar Indexes- http://indexes.morningstar.com
Position: Quantitative Analyst - New Product Development - Morningstar Indexes
The Area: Morningstar Indexes Team leverages its expertise in equity research, manager research, asset allocation, and portfolio construction to create innovative investment solutions. It uses Morningstar's intellectual property to create indexes that empower investors to achieve their goals at every stage of the investment process - market monitoring, benchmarking, and asset allocation. The unit offers a broad suite of global equity, bond, commodity and asset allocation indexes.
The Role: As a part of the Indexes New Product Development Team, you will participate in the full development cycle including ideation, design, development, presentations to global research team and clients, leading up to implementation. The ideal candidate will have a good grasp of investment concepts, possess strong analytical skills, good communication skills. This position is based in our Navi Mumbai office.
Responsibilities:
The successful candidate will
  • Collaborate effectively with Morningstar research organization including equity, quantitative, manager or sustainability research teams, and product management to develop novel thematic and smart beta indexes that leverage Morningstar IP.
  • Work on the entire product development lifecycle from ideation, design, development, and validation, leading up to launch.
  • Work closely with other index teams to operationalize index methodologies.
  • Develop new tools and capabilities to perform portfolio construction or analytics independently, including the use of statistical and machine learning techniques.
  • Publish white papers, factsheets, client presentations, and other collateral to support go-to-market plans.

Requirements:
  • Up to 2 years of experience.
  • Bachelor's degree in a quantitative, financial discipline, or engineering.
  • MBA from a premier institute is preferred.
  • CFA charter or candidature (at least passed Level II) is preferred.
  • Hands on experience with creating Strategic Beta (Factor), ESG Indexes or similar rules-based quantitative investment strategies is preferred.
  • Knowledge of institutional investing, modern portfolio theory, and portfolio construction processes.
  • Technical proficiency with at least one programming language (Python, R or MATLAB) in addition to SQL is desirable.
  • Excellent documentation habits, oral and written communication and presentation skills including ability to distil complex ideas into simple explanations.

Morningstar is an equal opportunity employer.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi) Legal Entity

Top Skills

Matlab
Python
R
SQL

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