Morningstar Inc.-posted 15 days ago
Full-time • Mid Level
Hybrid • Chicago, IL
5,001-10,000 employees
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

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.

  • 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.
  • 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.
  • MBA or CFA highly desired.
  • 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
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