Senior Investment Analyst, Multi-Asset Research

The Group:
Research & Investments creates compelling insights and effective investment solutions to empower investor success. We honor time-tested investment principles and consistently apply robust methodologies to earn and protect trust. We thoughtfully deploy our key asset, our people, to scale and deliver more value to more investors. This diverse group comprises Morningstar’s Investment Management (“IM”) and Equity Research teams, in addition to our Behavioral Insights team.

The Role:
We require a Senior Analyst to join our equity team within Multi-Asset Research (“MAR”). This role will report into the Head of Equity Research. The Senior Analyst will work closely with the MAR and IM teams, focusing on producing world class proprietary equity market investment research to support the management of the group’s investment strategies. The role is based in our Chicago office.

Responsibilities:

• Collaborate with multi-asset research colleagues, portfolio managers, and equity research colleagues to formulate security- and market-level investment views, supporting equity strategies within multi‑asset portfolios.
• Author actionable investment theses grounded in capital‑cycle analysis, industry competitive dynamics, valuation assessment, and associated fundamental risks.
• Monitor equity market opportunities and keep portfolio managers apprised of developing opportunities for consideration inside our multi-asset portfolios.
• Assist with the ongoing enhancement of equity valuation frameworks in collaboration with the quantitative research team.
• Build and maintain robust and efficient investment processes and models.
• Produce equity market thought leadership for both internal and external client demands.

Requirements:

• 5+ years of progressive hands-on fundamental equity research experience with an understanding of the drivers of forward-looking stock/equity market returns.
• Have a passion for investing, markets, in-depth fundamental investment research, and supporting investment strategies and offerings to meet the needs the evolving market environments that our clients serve.
• Alignment with Morningstar’s philosophy and approach to investing.
• Demonstrated expertise of equity security-level valuation models.
• Excellent critical thinking skills with a focus on industry and company analysis.
• Outstanding oral and written communication skills, with the ability to produce high quality written materials.
• Ability to communicate complex ideas clearly and succinctly.
• CFA designation or a post-graduate designation is preferable.

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health

  • 100% 401k match up to 6% of salary

  • Stock Ownership Potential

  • Company provided life insurance - 1x salary + commission

• Physical Health 

  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages

  • Additional medical Wellness Incentives - up to $300-$600 annual

  • Company-provided long- and short-term disability insurance

• Emotional Health 

  • Trust-Based Time Off

  • 6-week Paid Sabbatical Program

  • 6-Week Paid Family Caregiving Leave

  • Competitive 8-24 Week Paid Parental Leave

  • Adoption Assistance

  • Leadership Coaching & Formal Mentorship Opportunities

  • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses

  • Tuition Reimbursement

• Social Health 

  • Charitable Matching Gifts program

  • Dollars for Doers volunteer program

  • Paid volunteering days

  • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

Inclusive of annual base salary and target incentive

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.