What are the responsibilities and job description for the Senior Quantitative Analyst position at Morningstar?
The Role:
Morningstar Direct's Analytics Department is hiring for its quantitative research team and looking for a knowledgeable, enthusiastic, creative, and results-driven individual with 5 years of experience in quantitative data analysis to join us. The team’s mandate is broad: to accelerate innovation across the equities asset class. Its scope of potential activities is diverse: devising methodologies to enhance our equity ratings and analytics, developing tools to empower our 100 equity analysts and external clients, and partnering with colleagues to create novel ways to classify, compare, and evaluate asset types that Morningstar does not yet cover—ranging from “real” assets like timberland to intangible assets like cryptocurrencies. The role will report to the Director of Quantitative Research, Equities, situated within Morningstar Direct's Analytics department.
The Responsibilities:
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:
$114,100.00 - 193,975.00 USD Annual
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.
001_MstarInc Morningstar Inc. Legal Entity
Morningstar Direct's Analytics Department is hiring for its quantitative research team and looking for a knowledgeable, enthusiastic, creative, and results-driven individual with 5 years of experience in quantitative data analysis to join us. The team’s mandate is broad: to accelerate innovation across the equities asset class. Its scope of potential activities is diverse: devising methodologies to enhance our equity ratings and analytics, developing tools to empower our 100 equity analysts and external clients, and partnering with colleagues to create novel ways to classify, compare, and evaluate asset types that Morningstar does not yet cover—ranging from “real” assets like timberland to intangible assets like cryptocurrencies. The role will report to the Director of Quantitative Research, Equities, situated within Morningstar Direct's Analytics department.
The Responsibilities:
- Pursue a deep understanding of Morningstar’s equity methodologies, analyst workflows, data requirements, and client needs.
- Partner with equity research, equity data, and clients globally to identify areas where we might apply quantitative methods to benefit our analyst teams and customers.
- Independently develop new methodologies, processes, or tools to empower our analysts and enhance our research.
- Evaluate the efficacy of new or existing methodologies using Python
- Deploy high-quality Python programs in concert with model validation and engineering staff.
- Create detailed specification documents and client-facing white papers
- Communicate clear and concise project status information to key stakeholders, including the Morningstar product teams and clients
- Bachelor’s degree is required Accounting/Finance/Economics/Computer Science preferred
- Progress toward or attainment of CFA designation is considered an asset
- Strong Python skills (with a high willingness to continue learning)
- High degree of AI familiarity (work tools like Github Copilot and deployable client-facing AI products)
- Firm grasp of equity data and an interest in equity research
- More than 5 years of experience in quantitative data analysis, preferably related to investment research.
- Ability to communicate complex ideas clearly and succinctly.
- Strong analytical and logical reasoning skills.
- Effective time management skills
- Comfortable taking the initiative and working without detailed guidance or supervision
- Proactive and positive attitude and a team player
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
$114,100.00 - 193,975.00 USD Annual
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.
001_MstarInc Morningstar Inc. Legal Entity
Salary : $300 - $600