Associate Director of Quantitative Research, Index Management

About:

Morningstar is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer a wide variety of products and solutions that serve market participants of all kinds, including individual and institutional investors in public and private capital markets, financial advisors, asset managers, retirement plan providers and sponsors, and issuers of securities.

The Group:

Morningstar Indexes is one of the fastest-growing business units at Morningstar, delivering innovative indexing solutions that measure and benchmark global markets and asset classes. Our comprehensive suite spans equities, fixed income, and multi-asset strategies, supporting investors across the full investment lifecycle—from market monitoring and benchmarking to asset allocation and portfolio construction.

Our indexes underpin a wide range of investment products, including strategic beta solutions built on proprietary research, as well as broad market benchmarks widely used by global asset managers and product providers.

The Role:

The Morningstar Indexes Global Operations team seeks a dynamic, results-driven, analytical and experienced leader for our Index Management & Analytics (IMA) team.

The team is responsible to maintain the integrity and accuracy of our indexes, through index reconstitution, rebalance and ongoing maintenance across all asset classes and business lines. The team also plays a critical role in methodology evolution, analytics development, and market classification frameworks.

This is a player-coach role combining hands-on quantitative expertise with team leadership. You will help shape the strategic roadmap, enhance operational infrastructure, and drive automation and AI adoption to support future scale. You will work cross-functionally with Product, Technology, New Product Development, and global Operations teams, while engaging directly with clients and stakeholders.

A successful Associate Director of Quant Research, Index Management & Analytics will have strong leadership and quantitative finance skills, a focus on operational excellence, a general understanding of financial markets and indexing. As part of this role, you will join a global team and will work with colleagues based in the US, Europe and Asia. The position is based in Vashi, Navi Mumbai (India)

Key Responsibilities