{"id":1948309,"url":"https://alion.io/job/morningstar-quantitative-analyst-new-product-development-2","title":"Quantitative Analyst, New Product Development","company":{"id":12394,"name":"Morningstar","domain":"morningstar.com","url":"https://alion.io/company/morningstar","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":89,"open_postings":9,"ghost_share":0,"stale_share":0.444,"repost_share":0,"time_to_fill_p50_days":31,"computed_at":"2026-10-23T05:54:15Z"}},"role":"Analytics","role_family":"Analytics","seniority":"junior","employment_type":"full_time","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Mumbai, India"],"countries":["IN"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":7500,"max_usd":18000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":12},"experience_years_min":2,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Machine Learning","optional":false},{"name":"MATLAB","optional":false},{"name":"Python","optional":false},{"name":"SQL","optional":false}],"status":"closed","first_seen_at":"2026-09-10T00:00:00Z","employer_posted_date":"2026-09-10","last_verified_at":"2026-10-21T18:12:41Z","board_verified":false,"closed_at":"2026-10-21T18:12:41Z","days_open":41,"trust":{"level":"not_scored","repost_count":null,"flags":[],"days_open":41},"description":"Morningstar Indexes:http://indexes.morningstar.com\nPosition: Quantitative Analyst - New Product Development - Morningstar Indexes\nThe Area: Morningstar Indexes Team leverages its expertise in equity research, manager research, 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, commodity and asset allocation indexes.\nThe 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. This position is based in our Navi Mumbai office.\nResponsibilities:\nThe successful candidate will:\nCollaborate effectively with Morningstar research organization including equity, quantitative, manager or sustainability research teams, and product management to develop novel thematic and smart beta indexes that leverage Morningstar IP.\nWork on the entire product development lifecycle from ideation, design, development, and validation, leading up to launch.\nWork closely with other index teams to operationalize index methodologies.\nDevelop new tools and capabilities to perform portfolio construction or analytics independently, including the use of statistical and machine learning techniques.\nPublish white papers, factsheets, client presentations, and other collateral to support go-to-market plans.\n Requirements:\nUp to 2 years of experience.\nBachelor’s degree in a quantitative, financial discipline, or engineering.\nMBA from a premier institute is preferred.\nCFA charter or candidature (at least passed Level II) is preferred.\nHands on experience with creating Strategic Beta (Factor), ESG Indexes or similar rules-based quantitative investment strategies is preferred.\nKnowledge of institutional investing, modern portfolio theory, and portfolio construction processes.\nTechnical proficiency with at least one programming language (Python, R or MATLAB) in addition to SQL is desirable.\nExcellent documentation habits, oral and written communication and presentation skills including ability to distil complex ideas into simple explanations.\n Morningstar is an equal opportunity employer.\nMorningstar'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.\nI10_MstarIndiaPvtLtd Morningstar India Private Ltd. 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