Product Development Specialist

Why Nasdaq?

When you work at Nasdaq, you're working for more open and transparent markets so that more people can access opportunities. Connections can be made, jobs can be created, and communities can thrive. We want all our employees to have access to opportunity, too. That means planning for career growth, ensuring you have the tools you need, and promoting an inclusive culture where we're all valued for our unique perspectives.

Here, you will work for a global tech leader committed to breaking down barriers to inclusive prosperity. We see technology as a means to free people up to work together more productively and effectively by centralizing data, analytics, and market intelligence.

Here, we're committed to building a more diverse and inclusive workforce. Not only is it our responsibility to do better, but we also need representative voices to power the fresh thinking that is vital for our business and our clients.

What We Offer:

The Index Product Development Specialist will be responsible for developing new indexes that will be benchmarks for financial products such as exchange traded funds (ETFs). The Specialist's main responsibilities will be to:

develop index rebalance and reconstitution models based on both internally and externally generated ideas

• evaluate index models & ideas through back-testing and comparative analysis
• create client-facing analysis based on the results of model development support activities across the index product life cycle - pitching new index ideas to clients, launching and operationalizing new indexes, and creating research content to educate stakeholders on newly launched indexes.

You can expect a collaborative, fast-paced and constantly evolving work environment where you are recognized for your results and ability to drive things forward proactively & persistently. Every day brings many opportunities to learn & grow and rewards with a global impact we create.

In return, you will receive a competitive salary package, incredible health and financial wellbeing benefits, including health, dental, vision, & prescription coverage, 401K matching, tuition repayment or reimbursement options, paid vacation and parental leave, and more.

What You Will Do:

• Develop indexes for benchmarking and third-party product creation based upon multiple asset classes from both client driven requests and original concepts. Asset classes include equities, options, fixed income, and crypto.
• Prepare and present customized client presentations including index back tests and comparative index and product performance analyses.
• Use a deep understanding of business/client needs and user experience to build/improve products.
• Fully own an index from development to launch.
• Possess a deep understanding of the competitive landscape and the trends in the business.

Qualifications:

• Degree in an analytical, quantitative or STEM field
• 4+ years of relevant work experience
• Highly motivated with evidence of intellectual curiosity and creativity
• Genuine interest in financial market concepts (e.g. portfolio construction, indexing, ETFs, passive investing)
• Well-organized and able to complete multiple projects at once
• Extremely effective communication and presentation skills
• Strong writing and analytical skills with sharp attention to detail
• Technical proficiency in the following tools: SQL, R, Python, AWS, Databricks, Tableau, FactSet, Bloomberg, and Microsoft Office

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

What We Offer

We're proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq's overall success.

In addition to base salary, Nasdaq offers significant other compensation (annual bonus/commissions and equity), benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq's programs and rewards are intended to allow our employees to:

• Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
• Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
• Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
• Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
• Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities

For more information, visit Nasdaq Benefits & Rewards Career page