Director, Quantitative Data Products

SMMS SMARTS Market Surveillance Pty Ltd

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Canada - Toronto - Ontario Until 8/21/2026 10+ years exp First posted March 31, 2026 Last posted March 31, 2026
Job description

Director, Quantitative Data Products

Nasdaq's Alternative Data group specializes in creating unique and insightful data products from non-traditional data sources. Well-known examples of Alternative Data include sentiment measures, real-time tracking of vehicles via GPS transponders, satellite monitoring of industrial facilities, and consumer insights gleaned from anonymized credit card transactions. Our data products empower some of the world's most sophisticated investment funds to outperform. 
As Director of Quantitative Data Products, you'll play a critical role in defining strategy and driving execution of a portfolio of innovative Alternative Data products. You'll thrive in this position if you're entrepreneurial, data-driven, and strategic, with a deep understanding of investments and a passion for creating products that generate real business impact in a fast-paced, high-growth environment. The ideal candidate has trade floor and/or investments experience, with a strong understanding of buy-side and sell-side trading workflows. 

Key Responsibilities

  • Conduct market research and engage directly with clients to identify new product opportunities and validate concepts.
  • Own the full product lifecycle from ideation and validation through launch, scale, and ongoing optimization.
  • Develop and prioritize product roadmaps that align with business objectives and drive measurable revenue growth.
  • Partner with cross-functional teams including data science, data engineering, partnerships, client success, sales, and marketing to design and deliver innovative data products.
  • Drive go-to-market strategy, including pricing, positioning, and sales enablement to maximize product adoption and success.

Required Qualifications

  • 10+ years of experience in product management, product development, and/or data analysis within the investment industry.
  • Deep understanding of capital markets, data product fundamentals, and data feeds/products.
  • Proven ability to conceptualize and drive new initiatives from 0-to-1 in a fast-paced and entrepreneurial environment.
  • Excellent communicator with strong stakeholder management skills and a revenue-focused, owner mindset.
  • Bachelor's degree in finance, economics, computer science, engineering, or related discipline.

Preferred Qualifications

  • Strong understanding of the alternative data landscape, including key companies and products/services, as well as their competitive positioning.
  • Experienced in evaluating and applying alternative data to the investment lifecycle (i.e., programming, statistics, backtesting, etc).
  • 0-to-1 startup or venture-building experience.
This position will be located in Toronto and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

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.

The base pay range for this role is $121,000 - $170,000. In addition to base salary, Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive), comprehensive 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.
About this role

Summary

Lead development of innovative alternative data products for investment applications.

Job title

Director, Quantitative Data Products

Experience level

10+ years

Minimum experience

10+ years exp

Industry

financial services

Location requirements

Toronto, hybrid work at least 3 days a week allowed.

Salary

$121k–$170k

Management role

No

Skills & keywords

Required skills

product managementdata analysisinvestment industrystakeholder managementdata feeds

Preferred skills

alternative data landscapeinvestment lifecyclestartup experience

Specializations

data productsinvestmentalternative datamarket researchproduct lifecycle
Locations

Structured locations inferred from the posting.

Toronto, ON, Canada

Hybrid City