Index Product Developer

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Reporting to the Head of Index Product, Europe, you will own the index product development lifecycle from end to end—from initial client ideation and methodology construction to rigorous quantitative backtesting and operational handover. Leveraging VettaFi's robust data environment and calculation engines, you will partner directly with asset managers, investment banks and institutional clients to translate complex market concepts into scalable, tradable index solutions. This role will require the ability to manage timelines and work with cross-functional teams to ensure the successful delivery of new products to market. 

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  Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Financial Engineering, Computer Science, or a related quantitative field.

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  1 to 3 years of professional experience in the financial services industry, specifically focused on index product development, quantitative asset management, or structured products.

• Financial Mechanics: Deep understanding of index mechanics, portfolio construction, factor investing, and corporate events (dividends, splits, M&A).

• ETF Ecosystem: Strong familiarity with the global ETF landscape, tradable instruments, and the specific liquidity requirements needed to create replicable indices.

• Communication: Excellent written and verbal communication skills. You must be comfortable defending quantitative decisions to technical peers while smoothly explaining product mechanics to non-technical clients and sales teams.

• Programming Proficiency: Experience in Python and strong knowledge of SQL for database querying. You will need to write code to support back-testing, reconstitutions and client facing analytic tools.

• Analytical Rigor: Exceptional attention to detail. You must possess a "zero-defect" mindset when validating data, calculating historical returns, and drafting legal methodology documents.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.