At a Glance
- Tasks: Design and develop innovative index products for global markets.
- Company: Join TMX, a leader in capital markets with a collaborative culture.
- Benefits: Flexible work environment, generous time-off, and wellness programs.
- Other info: Dynamic team with opportunities for growth and meaningful connections.
- Why this job: Make a real impact in finance while exploring cutting-edge technology.
- Qualifications: Degree in Finance or related field; experience in index product development preferred.
The predicted salary is between 60000 - 80000 £ per year.
Venture outside the ordinary - TMX Careers. The company includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress.
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 backtesting and operational handover.
Key Responsibilities:
- Index Design & Construction: Conceptualize and develop bespoke index methodologies across multiple asset classes, ensuring they meet precise client objectives and regulatory standards.
- 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.
- 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.
- Programming Proficiency: Experience in Python and strong knowledge of SQL for database querying.
- Analytical Rigor: Exceptional attention to detail.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX? Apply now.
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.
Index Product Developer employer: United States Digital Space LLC
At TMX, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London team thrives in a flexible environment that prioritises employee wellness and growth, providing ample opportunities for professional development while making a meaningful impact on global markets. With a commitment to diversity and a supportive atmosphere, we empower our employees to explore their potential and contribute to the advancement of capital markets.
Contact Details:
United States Digital Space LLC Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Index Product Developer
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We think you need these skills to ace Index Product Developer
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