Senior Quantitative Analyst – New Product Development

Morningstar Credit Ratings, LLC; Mumbai; Hybrid; INR 1,800,000 - 3,000,000; Full time

Job summary

Morningstar Indexes seeks a Senior Quantitative Analyst for New Product Development in Navi Mumbai. The role covers the full development cycle from ideation to implementation, collaborating with global research and client teams.

Ideal candidates will have strong analytical and communication skills and proficiency in Python or R along with SQL. Based in Navi Mumbai, the position supports Morningstar’s hybrid work model.

Qualifications

• Bachelor's degree in a quantitative/engineering discipline.
• Proficiency in Python or R and SQL.
• Experience with large, complex tables in Postgres or SQL Server.
• Strong communication and documentation skills.
• Understanding of modern portfolio theory desirable

Responsibilities

• Develop and validate new benchmark indexes across asset classes.
• Analyze data to support methodology development for benchmarks.
• Collaborate with research, product and client teams on thematic and smart beta indexes.
• Lead end-to-end product development from ideation to launch.
• Operationalize index methodologies with other teams.

Skills

Python

R

SQL

Quantitative skills

Communication

Education

Bachelor's degree in quantitative/engineering/mathematics

Tools

Postgres

SQL Server

Job description

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

• The successful candidate will 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.

I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi) Legal Entity Morningstar is a global independent investment research and financial data company.

Here, you'll help uncover what's hidden, simplify what's complex, and create insights that empower investor success.

Company overview Morningstar Development Program Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions- including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters-without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.