At a Glance
- Tasks: Join the Indexes New Product Development Team to create innovative investment solutions.
- Company: Morningstar, a global leader in investment research and financial data.
- Benefits: Competitive salary, bonus potential, hybrid work model, and flexible benefits.
- Other info: Collaborative environment with excellent career growth opportunities and a commitment to diversity.
- Why this job: Make a real impact by developing cutting-edge indexes that empower investors.
- Qualifications: Up to 2 years of experience in quantitative finance or engineering; programming skills preferred.
The predicted salary is between 71100 - 71100 £ per year.
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, 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.
- Base Salary Compensation Range GBP 71, ,100.00 Bonus Target: 12.5% 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.
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.
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_Mstar Eur Ltd Morningstar Europe Ltd (UK) 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.
#J-18808-Ljbffr
Senior Quantitative Analyst, New Product Development in London employer: Morningstar Credit Ratings, LLC
Morningstar Credit Ratings, LLC is an exceptional employer that prioritises employee growth and well-being in the vibrant setting of Greater London. With a strong commitment to equal opportunity and a supportive work culture, employees benefit from a hybrid work environment that promotes work-life balance, alongside competitive compensation and performance-based bonuses. Joining Morningstar means being part of a forward-thinking team where your expertise in credit analysis will be valued and nurtured.
Contact Details:
Morningstar Credit Ratings, LLC Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Quantitative Analyst, New Product Development in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Morningstar Credit Ratings, LLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Quantitative Analyst, New Product Development in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Morningstar Credit Ratings, LLC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Morningstar Credit Ratings, LLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Morningstar Credit Ratings, LLC
✨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 Morningstar Credit Ratings, LLC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Morningstar Credit Ratings, LLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Morningstar Credit Ratings, LLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
