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The Role
The Lead Quantitative Analyst develops investment indexes, collaborates with research teams, and utilizes analytical skills for product management and marketing efforts.
Summary Generated by Built In
Position: Lead Quantitative Analyst, New Product Development - Morningstar Indexes
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 and asset allocation indexes.
Responsibilities:
Requirements:
Morningstar is an equal opportunity employer.
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.
I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi) Legal Entity
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 and asset allocation indexes.
Responsibilities:
- Develop rules-based benchmark and strategic beta indexes across various sub-asset classes with internal partners and clients
- Be responsible for the 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 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:
- At least 4 years of experience at an index provider, asset management company or investment bank, with demonstrated quantitative investment analysis expertise
- Prior experience with leading projects independently or guiding research analysts 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 or R)
- Exposure to use of AI tools (Microsoft Copilot, GitHub Copilot, Claude Code, Gemini) to speed up data analysis, research, and documentation.
- Ability to work with AI agents to automate simple multi-step tasks and improve workflow efficiency.
- 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
- Experience of writing and publishing financial research papers, whitepapers and articles is and added advantage.
Morningstar is an equal opportunity employer.
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.
I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi) Legal Entity
Skills Required
- At least 4 years of experience in index provision, asset management or investment banking
- Bachelor's degree in quantitative finance, or engineering
- Proficiency in Python, Matlab or R
- Experience leading projects independently or guiding analysts
- Exposure to AI tools for data analysis
What the Team is Saying
Anna
Team Lead of Software Engineering
Upasna
Software Engineer, Data Collections - AI R&D
Saurabh
Senior Software Engineer
Wendell
Head of Sales, Institutional Equity Research
Raaghavendar
Associate Software Engineer
Jeff
Head of Technology and Product
Brandon
Senior Video and Media Production Manager
Kunal Kapoor
CEO
Elizabeth Collins
Chief Strategy Officer
Marie Trzupek Lynch
Chief People Officer
Rod Diefendorf
President and Chief Operating Officer
Christine
Director of Personal Finance and Retirement Planning
Morningstar Compensation & Benefits Highlights
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Leave & Time Off Breadth — A recurring paid sabbatical and flexible time off in North America provide substantial time away and are presented as a signature differentiator. The program’s active use alongside paid volunteer days underscores broad time-off options.
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Parental & Family Support — A global standard for paid parental leave plus paid caregiving leave and adoption assistance signals robust family support. These policies are positioned as company-wide standards with location-specific administration.
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Equity Value & Accessibility — A shared ownership program enables converting part of a bonus into RSUs with a company match, adding long‑term value beyond salary. Performance-based RSU awards can further enhance equity outcomes for high achievers.
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The Company
What We Do
At Morningstar, we believe in building great products in-house in a highly collaborative, agile environment where we focus on technical excellence, the user experience, and continuous improvement. Our technologists represent a range of skills and experience levels, but they all view their work as a craft and push technology’s boundaries.
Why Work With Us
Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!
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Morningstar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Typical time on-site:
3 days a week
