Morningstar - Manager - Quantitative Research - New Product Development

The Area : Morningstar Indexes Team leverages its expertise in credit research, equity research, manager research, asset allocation, and portfolio construction to create innovative investment solutions. We use 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. Morningstar Indexes offers a broad suite of global equity, bond, commodity and asset allocation indexes.

The Role : As a senior member of the New Product Development Team, you will lead a team of Fixed Income analysts who drive the new index development cycle including ideation, building an investment thesis, data acquisition and processing, design, extensive back testing, client consultation and production implementation. A fast-growing dynamic set-up offers opportunity to handle multiple projects, mentor team members, and provide opportunities for their career development. You will have an excellent grasp of investment concepts, possess strong analytical skills, will be proficient with at least one programming language (Python, R, MATLAB) in addition to SQL. Partner effectively with senior management, other teams, and clients. This position is based in our Navi Mumbai offices.

Responsibilities :

- Lead a team of Fixed Income Quantitative Analysts who develop rules-based benchmark and strategic beta indexes across various sub-asset classes with internal partners and clients

- Be responsible for the bond index development life cycle: ideation, data analysis, index design and back-testing, operationalization and index launch

- Embrace and enhance a vibrant, high-performing R&D culture that delivers innovative investment solutions through a defined research process

- Collaborate effectively with the broader Morningstar research organization including credit ratings, quantitative, manager or sustainability research teams, and product management to develop novel indexes that leverage Morningstar IP

- Help develop new tools and capabilities to perform Fixed Income portfolio construction and analytics independently, including the use of statistical and machine learning techniques

- Provide support for product management, sales & marketing efforts through white papers, client roadshows and seminars

Requirements :

- Atleast 6 years of experience at an index provider, asset manager company or investment bank, with demonstrated fixed income quantitative expertise

- Prior experience with managing a research team is preferable

- Bachelor's degree in a quantitative, financial discipline, or engineering; a CFA, MBA or graduate degree in a quantitative or financial discipline is helpful

- Knowledge of institutional investing, modern portfolio theory and index construction processes

- Hands-on analytical and quantitative skills. Practical experience with programming and database packages. Proficiency in at least one programming language (Python, Matlab, R or C#)

- Ability to communicate effectively with global clients and internally

- Excellent oral, written communication and presentation skills, with ability to distil complex ideas into simple explanations

Morningstar is an equal opportunity employer.