Associate Quantitative Analyst
About The Position
Morningstar’s Analytics Group supports the product and research organizations by developing and delivering data-driven analytics designed to help investors make better, more informed decisions. We utilize statistical rigor, large data sets, and technology to inform and scale the methodologies we develop. Our work leverages hundreds of thousands of securities within a large breadth of asset classes including equities, fixed income, structured credit, and funds. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors’ interests is the foundation of our company. The Analytics Group is divided into seven Service Groups (Risk, Equity, Fixed Income, Managed Investments, Portfolio Analytics, Investment & TIme series, Calculation Services, and AI) and three Functional Domains (Quantitative Research, Product Management, and Technology). As an Associate Quantitative Analyst, you will support our Analytics Service Groups in the areas of model validation and/or special research projects. You will learn the core methodologies of that Service Group and fully integrate into the Service Group’s production processes. Working alongside product managers, software engineers, other quantitative researchers, and key downstream stakeholders, you will ensure the integrity and timeliness of model output and the robustness of the underlying methodologies. We are looking for an individual who possesses strong technical skills, problem solving capability, consulting skills, and an interest in leadership to build efficient model verification frameworks. Alongside the person should have a passion for investment research. This position is based in our Chicago office.
Requirements
- Strong technical skills
- Problem solving capability
- Consulting skills
- Interest in leadership
- Passion for investment research
Responsibilities
- Ensure the integrity and timeliness of model output, as well as the stability, conceptual soundness, and mathematical/statistical logic of the models.
- Liaise between business, technical and modeling teams, senior management, and governance committees to build efficient model verification frameworks.
- Consistently improve upon existing model validation processes, with an eye toward automation, efficiency, and robustness.
- Work with other model validation analysts to develop cross-team checks that can improve production processes across Analytics.
- Support dashboarding capabilities to support Quality Checks(interactive/automated/visual) that improve the interpretability of predictive models and underlying data.
Benefits
- 100% 401k match up to 6% of salary
- Stock Ownership Potential
- Company provided life insurance - 1x salary + commission
- 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
- 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
- Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
