Senior Investment Product Analyst

The Group:

The Investment Management group is a global team guided by Morningstar's investment principles focused on delivering great long-term investment results to help end-investors reach their financial goals. Morningstar Wealth offers a broad lineup of strategies built with stocks, mutual funds, and ETFs to help meet an investor's needs at each stage of their lifetime.

We use our expertise in asset allocation, investment selection and portfolio construction to create valuation-driven investment strategies leveraging the full resources of Morningstar. The group specializes in multi-asset investing, using building blocks in equities, fixed income and alternative investments to construct robust portfolios. Through Morningstar Managed Portfolios, we serve financial advisers and institutions, and the investors that they serve.

The Role:

In this role, you will work closely with the Investment Product Managers to support our existing suite of investment strategies and the services through which they are delivered, new product development and product sun-setting. You will provide in-depth analysis of current and prospective investment product offerings, competitive landscape and investor profiles as well as support new product development and research. Your output will not only reinforce our value proposition with our clients and prospects, but it will also provide our product management, sales, and marketing teams with information to foster growth in our business. This role will focus on Separately Managed Accounts (both model and manager delivered), mutual funds, and ETFs.

To successfully fulfill the role, the investment management product analyst role will provide substantial support for various governance committees and boards as well as conduct a lot of researching through sources such as public websites, industry databases, ADVs, and client contracts. The analyst will also be writing product positioning statements and RFP responses. Continual curiosity, desire to always find better, more efficient ways to do something, attention to detail, keeping to tight deadlines, and ability to work well under pressure are great qualities to have for this role.

This role is based in our Chicago office. We are operating in a hybrid work environment, where we are in office 3 days/remote 2 days.

Responsibilities:

• Support Investment Product Managers in gathering and analyzing data, creating, populating and maintaining ongoing competitor and industry intelligence data related to our investment strategies, consisting of multi-asset managed portfolios, equity model portfolios delivered via separately managed accounts, and multi-manager mutual funds.
• Updating team members with information on product positioning, performance attribution, market data, benchmark analysis and industry news
• Build and maintain an intimate level of knowledge on institutional and retail investment vehicles, providing regular feedback on competitive intelligence and product development opportunities.
• Conduct ongoing research and analyze competitor information in support of product positioning, market developments, portfolio performance.
• Proactively identify product marketing opportunities based on industry trends, current market environment and competitive advantages.
• Support Fund Board responsibilities and other committee duties related to product management
• Update and maintain accurate records of current product offerings and attributes.
• Collaborate with Marketing and other appropriate functional groups to create and maintain strong, consistent client materials.
• Help facilitate and execute on key product initiatives across business functions, including but not limited to, new product launches, sales campaigns.
• Support the learning & development for sales training initiatives
• Update / Monitor internal sources to ensure accuracy of product related information

Qualifications:

• Minimum 2 years of work experience in mutual fund, ETF, models, and Separately Managed Account (SMA) products at an asset management firm including investment product development/management experience.
• A solid understanding of asset allocation, investing and performance analytics concepts, familiarity of mutual funds, ETFs and separately managed accounts required
• Strong attention to detail, effective writing, presentation and interpersonal skills.
• Ability to work independently and resourcefully as well as collaborate with diverse, multi-functional teams
• Bachelor's degree required

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 plansand coverages
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-term disabilityinsurance

• 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 MentorshipOpportunities
  • Annual Education Stipend
  • Tuition Reimbursement

• Social Health
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

Base Salary Compensation Range

Total Cash Compensation Range

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 work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.