At a Glance
- Tasks: Join the Indexes New Product Development Team to create innovative investment solutions.
- Company: Morningstar, an inclusive employer committed to diversity and innovation.
- Benefits: Competitive salary, hybrid work model, and a range of flexible benefits.
- Other info: Dynamic environment with opportunities for professional growth and development.
- Why this job: Make a real impact in finance while collaborating with global research teams.
- Qualifications: Up to 2 years of experience in quantitative analysis and strong programming skills.
The predicted salary is between 10000 - 75166 £ per year.
This job is with Morningstar, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
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 The successful candidate will 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. 301_Mstar Eur Ltd Morningstar Europe Ltd (UK) Legal Entity
Quantitative Analyst, New Product Development employer: Morningstar
Morningstar is an exceptional employer, offering a dynamic work culture that prioritises trust and collaboration. With a focus on employee growth, we provide ample opportunities for professional development in the thriving North East UK financial sector, alongside a competitive salary and the flexibility of a hybrid work environment, making it an ideal place for ambitious sales professionals to thrive.
