At a Glance
- Tasks: Join the Indexes New Product Development Team to create innovative investment solutions.
- Company: Morningstar, a leader in investment research and solutions.
- Benefits: Competitive salary, hybrid work model, and flexible benefits.
- Other info: Collaborative environment with opportunities for career growth and global engagement.
- Why this job: Make an impact by developing cutting-edge indexes that empower investors.
- Qualifications: Strong analytical skills and proficiency in programming languages like Python or R.
The predicted salary is between 10000 - 75166 £ per year.
The 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 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, and 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.
Responsibilities
- Collaborate 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 techniques.
- Explore AI implementation for research and portfolio analysis.
- 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 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 Range: GBP 56,100.00-75,166.66
Bonus Target: 7.5% Annual
We 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.
Quantitative Analyst, New Product Development in London employer: Legal Entity
Morningstar is an exceptional employer that fosters a collaborative and innovative work culture, particularly within its London office. Employees benefit from a hybrid work environment that encourages in-person collaboration while offering flexibility to adapt to changing needs. With ample opportunities for professional growth, including exposure to cutting-edge investment solutions and the chance to work alongside industry experts, Morningstar empowers its team members to thrive in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst, New Product Development in London
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We think you need these skills to ace Quantitative Analyst, New Product Development in London
Some tips for your application 🫡
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How to prepare for a job interview at Legal Entity
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Legal Entity.
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