Senior Quantitative Analyst – New Product Development

Morningstar; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Benefits offered by this job

Equal opportunity employer

Hybrid work model

Four days in-office per week

Job summary

Morningstar Indexes is hiring a Senior Quantitative Analyst for New Product Development based in our Navi Mumbai office. You will participate in the full development cycle, from ideation to implementation, and work with global research teams and clients.

The ideal candidate has strong analytical skills, is technically proficient in Python or R and SQL, and can communicate complex ideas clearly. This role supports hybrid work with in-office collaboration several days a week.

Qualifications

• Bachelor's degree in quantitative/engineering/mathematics/statistics.
• Proficiency in Python or R.
• Proficiency with PostgreSQL/SQL Server and handling large data.

Responsibilities

• Participate in building next generation of Benchmark Indexes across asset classes.
• Validate, curate and analyze data to support methodology development.
• Collaborate with Morningstar research teams and product management to develop new indexes.
• Work on the full product development lifecycle from ideation to launch.
• Work with index teams to operationalize methodologies.

Skills

Python

R

Postgres

SQL Server

Data analysis

Communication

Education

Bachelor's degree in quantitative/engineering/mathematics/statistics

Tools

Python

R

Postgres

SQL Server

Job description

Morningstar Indexes- http://indexes.morningstar.com

Position

Senior Quantitative Analyst - New Product Development - Morningstar Indexes

The Area

The 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 possess strong analytical skills, good communication skills and will be technically proficient with at least one programming language (Python or R) in addition to SQL. This position is based in our Navi Mumbai office.

Responsibilities

• Participate in building next generation of Benchmark Indexes across asset classes across Equity and Fixed Income asset classes.
• Be responsible for validation, curation and analysis of underlying data to support methodology development of Benchmark Indexes.
• 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, leading up to launch.
• Work closely with other index teams to operationalize index methodologies.

Requirements

• Bachelor's degree in a quantitative/engineering/mathematics/ statistics disciplines.
• Proficiency in at least one programming language (Python or R).
• Proficiency in working with large, complex tables under Postgres, SQL Server.
• Understanding of basic financial ratios, modern portfolio theory, and portfolio construction processes is desirable but not necessary.
• 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.

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