Product Development Intern (m/f/d)- Financial Indexes

BITA is a Fintech company with the mission of disrupting the index and systematic investment industry. Through advanced software, state-of-the-art infrastructure, and high-quality data, we empower our clients to develop innovative investment products faster, more flexibly, and at a lower cost. We are a young and dynamic team of more than 60 people located across the world unified by a strong belief that the investment industry is ready for a new challenger. BITA’s Product Development team is looking for an **Index Product Development Intern** who is motivated to go beyond a standard internship and contribute meaningfully to the design and implementation of new investment products. You will gain exposure to the entire lifecycle of index development – from research and methodology design to coding, backtesting, and implementation – with the opportunity to take ownership of small projects and work with a high degree of independence. You will work directly with the leadership team to help us drive innovative index products and technology solutions out of the gates. You will collaborate in a flat and flexible structure, with an international employee base working from different locations and a Product Development Team based in Frankfurt am Main. **Responsibilities:** * **Assist in Product Development:** Support the product development lifecycle by researching, designing, and implementing index methodologies. Develop, oversee, and maintain quantitative models and index methodologies * **Data Analysis \& Backtesting:** Conduct data analysis and backtest index concepts on our industry-leading indexing software to validate product ideas and ensure they meet performance criteria. * **Market Research:** Research trends and market demand to inform the development of new index products or adjustments to existing products. * **Documentation:** Prepare clear and detailed documentation of index methodologies, backtest results, and product specifications. * **Support Client Interactions:** Assist in creating product presentations, for client meetings and marketing purposes. * **Collaborate with Cross-Functional Teams:** Work closely with the technology, operations, and sales teams to ensure a smooth development process from concept to launch. * **Process Improvement:** Ensure the highest standards of quality in our index calculation and data production activities. **Qualifications:** * **Education** : Bachelor’s Degree in Economics, Finance, Mathematics, Engineering or equivalent degree * **Analytical Skills** : Strong analytical and quantitative skills, with experience in handling large datasets and building financial models in Excel. * **Technical Affinity** : Ability to learn and master the use of new software products, as well as contribute to the improvement and testing process * **Financial Knowledge** : Good understanding of financial markets, financial instruments, and investment products. Familiarity with index concepts is preferred. * **Proactive attitude** : High work initiative, passion for financial markets and a desire to learn about product development in the index space. * **Attention to Detail** : A meticulous approach to tasks, particularly when conducting data analysis and documentation. * **Communication Skills** : Business fluent in English. Ability to convey complex concepts clearly in both written and verbal forms. **Nice to have:** * Previous experience in the financial service industry * Python programming skills/experience for data analysis and backtesting * Previous entrepreneurial experience * German or Spanish language knowledge Interested and up to the challenge? We are looking forward to receiving your application!