Morningstar Development Program - Wealth Technology Track (Former Interns)

Morningstar • Chicago, IL

1d • Hybrid

About The Position

The Morningstar Development Program – Technology is accepting applicants graduating in 2026. As a Software Engineer in Test on the Wealth Technology team, you will focus on software quality, testing, and test automation, helping ensure the reliability, accuracy, and performance of our wealth platforms and the calculations, data, and workflows behind them. You will be assigned real work that contributes directly to Morningstar's core products. MDP associates are expected to take ownership of their work, collaborate across technology, product, and business teams, and communicate effectively with both technical and non-technical partners. As a software engineer with a quality focus, you will write code, build automated tests, and act as an advocate for quality throughout the development lifecycle. Throughout the program, associates receive structured mentorship, ongoing feedback, and professional development support to build a strong foundation for a technology career at Morningstar. All roles are based in our Chicago office, with an in-office expectation of 4 days per week.

Requirements

• A bachelor's degree or higher
• 0-2 years of experience
• A resume is required to apply. Please be sure to include the word "Resume" in the name of the resume you upload to your application on the front page.

Nice To Haves

• Experience with software development, quality assurance, test automation, or technology platforms, gained through internships, coursework, or projects
• Strong programming fundamentals; experience with languages such as Python, Java, JavaScript/TypeScript, C#, or SQL is a plus
• Familiarity with testing concepts and methodologies, including test case design, regression testing, and the software development and testing lifecycle
• Exposure to test automation tools and frameworks (e.g., Selenium, Playwright, Cypress, JUnit, pytest, TestNG, Postman/REST Assured) is a plus
• Familiarity with version control (Git) and CI/CD concepts is a plus
• Interest in wealth management, financial planning, investing, or data and analytics-driven financial products
• Strong attention to detail, with a mindset for finding edge cases and thinking about how software can fail, especially where financial accuracy matters
• Demonstrated ability to take initiative, learn quickly, and work independently when needed
• Strong communication skills, with the ability to clearly document defects and explain technical concepts to diverse audiences
• Analytical, curious, and collaborative mindset with strong problem-solving skills

Responsibilities

• Contribute as a member of an Agile Wealth Technology team, helping solve real business problems through analysis, design, and hands-on development with a focus on quality
• Design, build, and maintain automated test frameworks and test suites (unit, integration, API, UI, and end-to-end) for wealth products such as portfolio construction, planning, reporting, and advisor and client-facing applications
• Develop test plans, test cases, and test data from requirements and user stories, and execute manual and exploratory testing where automation is not the right fit
• Validate the accuracy of financial calculations, investment data, and reports across data pipelines, databases, and APIs using SQL and scripting
• Identify, document, and track defects through to resolution, working closely with developers to reproduce issues and perform root cause analysis
• Integrate automated testing into CI/CD pipelines to enable fast, reliable releases, and help monitor and improve test coverage, stability, and performance
• Collaborate with engineers, product managers, data teams, and wealth business stakeholders to clarify requirements, define acceptance criteria, and build quality into solutions from the start
• Participate in individual and team-based projects, presenting work and outcomes to peers, managers, and senior leaders
• Learn Morningstar's wealth products, data sets, and technology ecosystem, gaining exposure to how technology enables Morningstar's mission
• Engage in training, mentorship, and professional development opportunities as part of the MDP cohort experience

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level