Product Development Analyst

Overview

This role involves contributing to the development and innovation of ETF investment products within a leading ETF investment technology platform. The position focuses on quantitative analysis, product creation, and risk management, with an emphasis on ETFs and derivatives.

Responsibilities

• Design, backtest, and refine ETF investment strategies using quantitative methods.
• Collaborate with Legal, Compliance, Capital Markets, and Trading teams to optimize strategies for performance and scalability.
• Develop and maintain proprietary tools for strategy simulation and performance analysis.
• Implement coding solutions to automate quantitative workflows.
• Integrate options and other derivatives into product strategies and risk management frameworks.
• Build models to assess derivative-based ETF strategies aligned with market opportunities and client objectives.
• Utilize Value-at-Risk (VaR) frameworks to assess and manage product risks.
• Conduct scenario analysis and stress testing for ETF strategies.
• Independently generate and propose innovative ETF product ideas tailored to market trends and client needs.
• Monitor emerging trends in the U.S. ’40 Act ETF landscape, including competitor launches and product structures.
• Draft and review prospectus language and ETF strategy disclosures, ensuring compliance with regulatory requirements such as the 1940 Act and RIC considerations.
• Partner with Business Development and Client Success teams to align product development with business objectives.
• Mentor and guide junior team members to foster collaboration and innovation.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Computer Science, Engineering, or a related quantitative discipline.
• 1+ years of experience in financial product development, quantitative research, or related fields, with a focus on ETFs and derivatives.
• Proficiency in programming languages such as Python, R, or C++ for financial modeling and tool development.
• Experience with options, futures, and other derivatives, including modeling and strategy implementation.
• Strong understanding of risk management principles, including VaR and stress testing.
• Ability to translate complex quantitative models into actionable investment strategies.
• Demonstrated creativity and entrepreneurial spirit in developing new financial products.
• Excellent analytical, problem-solving, and communication skills.

Advanced degrees (MBA, MS, PhD) or CFA designation are preferred.

Compensation & Benefits

• Salary range: $70,000 - $90,000 per year.

Location

Candidates located near Chicago, IL; Milwaukee, WI; New York City, NY; or West Palm Beach, FL are prioritized. This is a remote position within the United States.