Quantitative Analyst, New Product Development

Morningstar Credit Ratings, LLC; Greater London; Hybrid; GBP 56,000 - 75,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Morningstar Europe Ltd (UK) is seeking a candidate to join the Indexes New Product Development Team in London. The role covers the full development cycle—from ideation and design to implementation and client presentations—focused on novel thematic and smart beta indexes using Morningstar IP.

The ideal candidate has solid investment knowledge, strong analytical and communication skills, and proficiency in Python/R/MATLAB with SQL.

Qualifications

• 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 I) is preferred.

Responsibilities

• Collaborate with Morningstar research and product management to develop novel thematic and smart beta indexes.
• Work through the entire product development lifecycle from ideation to launch.
• Collaborate with other index teams to operationalize index methodologies.
• Develop tools and capabilities for portfolio construction and analytics, including ML techniques.
• Publish white papers, factsheets, client presentations and collateral for go-to-market plans.

Skills

Python

R

MATLAB

SQL

Education

Bachelor’s degree in quantitative/financial/engineering

MBA preferred

CFA Level I passed preferred

Job description

Morningstar Indexes Team leverages its expertise in equity research, manager research, bond research, private markets, 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, private and asset allocation indexes.The RoleAs 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. Technical proficiency with at least one programming language (Python, R or MATLAB) in addition to SQL is desirable. This position is based in our London office.ResponsibilitiesThe successful candidate willCollaborate effectively with Morningstar research organization including equity, quantitative, manager, private markets 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 techniquesExplore AI implementation for research and portfolio analysisPublish white papers, factsheets, client presentations, and other collateral to support go-to-market plans.RequirementsUp 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 I) 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.Excellent documentation habits, oral and written communication and presentation skills including ability to distil complex ideas into simple explanations.Base Salary Compensation RangeGBP 56,100.00-75,166.66Bonus Target:7.5% AnnualWe expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience, and other job-related factors.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.301_MstarEurLtd Morningstar Europe Ltd (UK) Legal Entity