Equity Product Developer - Multi-Asset Product Development - Index

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New York, NY

Posted Aug 7, 2023 - Requisition No. 118014

Bloomberg is a leading provider of financial benchmarks and custom index services. Bloomberg indices are used as the basis of investment products and for bench-marking portfolio performance. The Bloomberg terminal and Bloomberg media enable the global investment community to interact with Bloomberg indices.

What’s the Role?

You will join a fast growing and highly motivated index product team that sits within our Enterprise Data division. You will focus on the design, creation and launch of equity indices with the goal of growing Bloomberg’s multi-asset and strategy index families focused across different investment strategies and themes. You will work closely with Sales, Research, Production, Marketing, PR teams, and participate in client meetings globally. You’ll help develop new Bloomberg terminal analytics that will transform the index industry.

Regarding domain expertise, you’ll have deep knowledge of index construction, the index industry and the asset management industry. 

You’ll be expected to influence product vision and then execute on that vision. You must be able to work with large data sets and extract relevant intelligence to drive innovation and product direction. You must be able to approach challenges with creativity.  Having the courage to take positions advocating change and then deliver is essential. This is a role with very high visibility within the organization and the investment community

We’ll trust you to:

 -Develop index methodologies across asset classes focused on systematic strategies, factors, optimization and other complex methodological development

  • Contribute meaningfully to the analysis, evaluation and product vision of the index product offering
  • Communicate product vision and build consensus among senior leadership team
  • Assess client needs and translate them into index-based solutions
  •  
    You’ll need to have:
  • 7+ years of Index industry experience*
  • Proven knowledge of core financial metrics and investment thesis that can be applied to investable product benchmarks
  • Hands-on product experience from an index background
  • A proven track record in developing global equity cash and volatility strategies and benchmark
  • The ability to develop detailed, coordinated, commercially sound product plans
  • Understanding of investment process, portfolio theory, option theory, and financial markets
  • Demonstrated effective communication with internal and external stakeholders

We’d love to see

  • An academic background in analytical/technical qualifications e.g., Finance, Engineering, Computer Science, Math, or Statistics
  • Understanding of day-to-day governance determinations on index events
  • Analytic programming experience in Python and ideally R or other languages
  •  
    *Please note we use years of experience as a guide, but we will certainly consider applications from all candidates who are able to demonstrate the skills necessary for the role.

If this sounds like you:

Apply if you think we're a good match. We'll get in touch with you to let you know the next steps, but in the meantime feel free to browse this: https://www.bloomberg.com/professional.

Bloomberg is committed to diversity. It drives our innovation. At Bloomberg, you'll have the opportunity to go above and beyond and to take risks. You'll be a part of an organization that is entering new markets, launching new ventures, and pushing boundaries. Our ever-expanding array of technology, data, news, and media services champions innovation and empowers clients and offers nearly limitless opportunities for career growth.

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMER_recruit@bloomber.net (Americas), EMEA_recruit@bloomberg.net (Europe, the Middle East and Africa), or APAC_recruit@bloomberg.net (Asia-Pacific), based on the region you are submitting an application for.


Salary Range: 140,000 - 295,000 USD Annually + Benefits + Bonus

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.

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