Product Development Analyst at Tidal Financial Group in Remote

Summary: Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. The Product Development Analyst will focus on driving ETF innovation through quantitative strategy development, tooling and technology development, and creative product innovation. Responsibilities: - Design, backtest, and refine ETF investment strategies using quantitative methodologies - Collaborate with internal teams (Legal, Compliance, Capital Markets, Trading) to optimize strategies for performance and scalability - Develop and maintain proprietary tools for strategy simulation and performance analysis - Implement coding solutions to automate and streamline quantitative workflows - Integrate options and other derivatives into product strategies and risk management frameworks - Build models to assess derivative-based strategies for ETFs, ensuring alignment with market opportunities and client objectives - Utilize Value-at-Risk (VaR)-based frameworks to assess and manage product risks - Conduct scenario analysis and stress testing for ETF strategies to ensure robust risk mitigation - Independently generate and propose innovative ETF product ideas tailored to evolving market trends and client needs - Demonstrate a deep appreciation for the retail investor market and its unique opportunities - Showcase a love for ETFs by continuously seeking ways to push boundaries in product design and delivery - Monitor and identify emerging trends across the U.S. ’40 Act ETF landscape, including competitor launches, product structures, and market positioning, to proactively inform Tidal’s product roadmap and ideation pipeline - Draft and review prospectus language and ETF strategy disclosures, with a strong understanding of key ETF regulatory requirements (including 1940 Act and RIC considerations), to support efficient execution from concept to filing - Partner closely with Business Development and Client Success teams to ensure product development priorities are aligned with overall business objectives and growth initiatives - Mentor and guide junior team members, fostering a collaborative and innovative team environment Required Qualifications: - Bachelor's degree in a quantitative discipline such as Finance, Economics, Mathematics, Computer Science, or Engineering; CFA or advanced degree (MBA, MS, or PhD) preferred - 1+ years of experience in financial product development, quantitative research, or a related field, 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 methodologies - Demonstrated ability to translate complex quantitative models into actionable investment strategies - Proven creativity and entrepreneurial spirit in developing new financial products - Exceptional analytical, problem-solving, and communication skills Required Skills: ETF investment strategies, Quantitative methodologies, Python, R, C++, Options, Futures, Derivatives modeling, Value-at-Risk (VaR), Stress testing, Financial product development, ETF regulatory requirements 1940 Act, ETF regulatory requirements RIC