The Role:
Morningstar's Wealth business seeks a self-motivated individual who possess a blend of business acumen, analytical skills and ability to work independently in a multi-faceted role. The ideal candidate will have strong understanding of investments, exceptional project management and marketing, communication, and organizational skills. This role will require a deep level of understanding of investment products including ETFs, Mutual Funds, SMAs, and multi-asset models, Morningstar’s investment methodologies, a good knowledge of asset management and distribution platforms, a firm grasp of available retail investment products and services, the ability to work effectively with customers to understand their problems and find innovative solutions. This position is based in our Chicago office.

Responsibilities:

• Support different facets of new product development and work in partnership with the Head of Investment Product to develop strategic plans and new product development.
• Conduct on-going research on ETFs, mutual funds, SMAs, and multi-asset models. Conduct product research and competitive/market analysis in support of business development and product promotion, as part of assessing and communicating trends and competitive advantages and then translating them into an effective product roadmap.
• Coordination and facilitation of communication between Subadvisor and Board of Trustees. Preparation of Board Materials to support all funds. Coordination of all functional areas and vendors in meeting Board reporting needs.
• Support Investment team with business and administrative aspects of subadvisor search, selection, contracting and monitoring.
• Coordinate multi-functional teams in support of registered product efforts - Legal, Compliance, Investment, Operations, Sales, Marketing, Managed Portfolios.
• Collaborate with cross-functional team including marketing to establish communication requirements and provide necessary content.
• Fulfill role as subject matter expert on all facets of Morningstar Mutual Funds to provide guidance and support to sales, marketing, legal, finance, compliance, product specialists, product analysts, investment professionals, account management, and compliance and operations teams.

Requirements:

• Exceptional communication, analytical, planning, and project management skills.
• Action-oriented individual possessing an entrepreneurial mindset.
• Ability to access, evaluate and present financial, market, product and competitive information and to effectively present findings in support of business decisions.
• 3-5 years of relevant operations and/or product management experience in Mutual Fund industry.
• Demonstrated ability to work independently and quickly develop practical knowledge of new investment products and services. High level of understanding of business and operational aspects of sub-advised Funds, Fund of Funds, ETFs, and SMAs.
• The candidate should be able to thrive in a fast-paced work environment, exhibit a passion for innovation, and harbor a genuine belief in, and acceptance of Morningstar's core values.
• Candidates must have a minimum of a bachelor’s degree with excellent academic credentials. MBA or CFA highly desired.

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
  • 75% 401k match up to 7%
  • 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 Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Education Stipend
  • 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

If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.

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.