At a Glance
- Tasks: Develop bespoke index methodologies and manage the product development lifecycle from ideation to operational handover.
- Company: Join VettaFi's innovative London team, focusing on rules-based investment strategies for global ETPs.
- Benefits: Work in a collegial environment that values diversity and provides accommodations for all employees.
- Other info: Must be authorized to work in the UK; no work permit sponsorship available.
- Why this job: Be the architectural force behind custom benchmarks that power structured products globally.
- Qualifications: Bachelor’s or Master’s degree in a quantitative field and 1-3 years of relevant experience required.
The predicted salary is between 50000 - 70000 £ per year.
We are seeking an innovative, highly analytical, and detail-oriented Index Product Developer to join our growing London team. In this role, you will be the architectural force behind new, rules-based investment strategies and custom benchmarks that power Exchange Traded Products (ETPs) and structured products globally. Reporting to the Head of Index Product, Europe, you will own the index product development lifecycle from end to end—from initial client ideation and methodology construction to rigorous quantitative back‑testing and operational handover. Leveraging VettaFi's robust data environment and calculation engines, you will partner directly with asset managers, investment banks and institutional clients to translate complex market concepts into scalable, tradable index solutions.
Key Responsibilities
- Index Design & Construction – Conceptualize and develop bespoke index methodologies across multiple asset classes (with a focus on thematic, factor and custom equity indices), ensuring they meet precise client objectives and regulatory standards. Define rules for weighting algorithms, rebalancing schedules, and the treatment of complex corporate actions.
- Client Engagement – Act as the technical subject‑matter expert during client consultations; conduct market research and analysis to identify customer needs and market trends.
- Collaboration – Work with cross‑functional teams to define product requirements, features, and functionality.
- Methodology Governance – Author clear, comprehensive, and precise index methodology rulebooks; manage the product testing and validation process to ensure highest product quality.
- Operational Integration – Collaborate tightly with internal teams to transition new indices from the testing phase into live, daily calculation.
Education & Experience
- Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Financial Engineering, Computer Science, or a related quantitative field.
- 1 to 3 years of professional experience in the financial services industry, specifically focused on index product development, quantitative asset management, or structured products.
Technical & Market Skills
- Financial Mechanics – Deep understanding of index mechanics, portfolio construction, factor investing, and corporate events (dividends, splits, M&A).
- ETF Ecosystem – Strong familiarity with the global ETF landscape, tradable instruments, and the specific liquidity requirements needed to create replicable indices.
- Communication – Excellent written and verbal communication skills; comfortable defending quantitative decisions to technical peers while explaining product mechanics to non‑technical clients and sales teams.
- Programming Proficiency – Experience in Python and strong knowledge of SQL for database querying; write code to support back‑testing, reconstitutions and client‑facing analytical tools.
- Analytical Rigor – Exceptional attention to detail; possess a “zero‑defect” mindset when validating data, calculating historical returns, and drafting legal methodology documents.
Additional Information
Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.
Index Product Developer employer: TMX Group
VettaFi offers a dynamic workplace in London, focusing on innovative index solutions. The team values analytical rigor and collaboration, ensuring high-quality product development. Employees enjoy a supportive environment that respects diversity and provides necessary accommodations.
