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Product Developer – Commodities And Multi-Asset

Bloomberg


Job Location:

London - UK

Monthly Salary: Not provided by the employer
Posted: 21 October 2026 (Yesterday)
Application Deadline: 18 January 2027
Vacancies: 1 Vacancy

Job Summary

Product Developer Commodities And Multi-Asset
Location
London
Business Area
Product
Ref #
Description & Requirements
Bloomberg is a leading provider of financial benchmarks and custom index solutions. Strategy indices have become central to capital markets powering ETFs structured products derivatives and institutional mandates. As regulatory frameworks evolve and investor demand for systematic and rules-based solutions grows we are expanding our Multi-Asset Product Development team.

This is an opportunity to join a highly collaborative and technically rigorous team within Bloombergs Enterprise Data Products Group focused on building scalable systematic index solutions across asset classes.

Whats the Role

You will join Bloombergs Multi-Asset Product Development team where you will contribute to the design backtesting implementation and ongoing enhancement of Bloombergs Multi-Asset indices with a focus on the role of commodities within multi-asset allocation risk-premia and QIS strategies.

This role sits at the intersection of research product and engineering. You will work on index and QIS methodologies on commodities but also spanning equities rates FX and credit ensuring they are scalable robust and aligned with both client needs and platform capabilities. You will help shape how commodity exposures from carry and roll strategies to curve and trend premia are built into diversified multi-asset and risk-premia products.

You will help support research-driven innovation translate client requests into implementable index and QIS solutions and partner with Engineering and Production teams to ensure strategies are automated and production-ready. You will also contribute to systematic data assessments evaluating new datasets for fit-for-purpose use in benchmarks. This covers methodology historical behavior coverage and mappings limitations of use and the controls and platform requirements for onboarding. You will turn your findings into clear requirements that move through dedicated data working groups and into production. You will adapt your communication style to your audience and be equally adept at collaborating closely with colleagues across multiple teams including Data Enterprise Data and Risk and Compliance as well as presenting to clients and soliciting feedback. Youll be comfortable working with large and complex data sets ideally with quantitative or data science skills (e.g. Python) and have a gift for extracting meaningful intelligence to drive innovation product direction and data-driven decisions.

This role requires strong quantitative capability technical fluency commercial awareness and a mindset focused on scalability and execution discipline. Youll be someone with the ability to approach challenges with creativity and enthusiasm; someone who has the courage to take positions advocating change and then deliver.

Regarding domain expertise youll understand trends in the index and QIS business regulation and what our customers need. Youll also be keen to learn more.

Well trust you to:
  • Communicate complex quantitative concepts clearly to both technical and non-technical audiences
  • Design backtest and validate multi-asset risk-premia and QIS methodologies with commodity components
  • Identify and mitigate backtesting biases (e.g. survivorship bias look-ahead bias overfitting)
  • Source validate and map market data inputs across multiple systems including commodity futures and curve data
  • Evaluate technical constraints automation requirements and scalability early in the ideation process
  • Partner closely with Engineering to implement and automate indices and strategies efficiently
  • Work with Sales and clients to refine custom index and QIS requests including commodity-linked requests and assess feasibility
  • Contribute to improving internal tooling and reusable index frameworks
  • Support documentation and governance processes in line with regulatory standards

Youll need to have:
  • A strong academic background in a quantitative discipline including but not limited to Finance Engineering Mathematics Physics Computer Science Statistics or Economics
  • 5 years of experience in index development QIS systematic strategies quantitative analysis or a related product development role
  • Hands-on experience building and validating end-to-end systematic index backtests or quantitative strategy simulations
  • Strong understanding of the commodities asset class including futures term structure dynamics roll yield and sector-specific characteristics (Energy Metals Agriculture) and of how commodities behave within diversified multi-asset portfolios
  • Strong understanding of multi-asset derivatives and systematic strategy design (e.g. futures options swaps) including risk-premia such as carry trend and curve
  • Strong Python proficiency with experience writing clean modular testable code
  • Ability to independently prototype an index or strategy from an idea to a validated backtest to a product specification
  • Experience working with large datasets
  • Strong understanding of financial markets
  • Familiarity with portfolio construction concepts and factor-based investing
  • Solid understanding of backtesting methodology and common pitfalls
  • Experience collaborating with Engineering teams to translate research into production systems
  • Clear communication skills and the ability to translate client requests into structured implementation plans
  • Working knowledge of benchmark regulations (e.g. BMR IOSCO principles) and day-to-day governance determinations for index events

Wed like you to have:
  • Experience with SQL and structured data environments
  • Familiarity with performance optimization and vectorized computation
  • Hands-on experience applying optimizers to portfolio construction (e.g. mean-variance risk-budgeting constrained optimization) including handling of constraints and turnover
  • Exposure to QIS products distributed through banks including familiarity with the structures and payoffs they are typically embedded in
  • Understanding of how indices and QIS are monetized (ETFs structured products licensing)
  • Experience with version control tools (e.g. Git)

If indicated please note that years of experience are a guide; we will consider applications from all candidates who can demonstrate the skills necessary for the role.

Required Experience:

IC


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