Morningstar Inc.

Morningstar Inc.

Senior Investment Product Analyst

Chicago · Senior

Sponsorship not specified$94k-$118kDetected 69 days ago
StatisticsProject ManagementSalesforceAccount ManagementResearchLeadershipCollaborationMentoring

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odds of building a lasting career here

50Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role90
Entry-level history0
PERM / green-card track0
Lottery odds (Level II)66
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~30% per draw at Level II). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

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H-1B wage level

the lottery is wage-weighted — each level is one more entry

Level II · 2×
Level I$72,0721 entry
Level II$92,2692 entries
Level III$112,4863 entries
Level IV$132,6834 entries

$18,553 more$112,486 — moves this role to Level III and 3 lottery entries. That figure is inside the range the employer already advertised.

Based on the DOL prevailing wage for this occupation and worksite, a base salary of $112,486 would place this position at wage Level III. That figure is within the posted range, and I'd like to target it. This role classifies under "Financial and Investment Analysts" for prevailing-wage purposes.

DOL prevailing wage, 2026-27 wage year · Financial and Investment Analysts (13-2051) · Chicago-Naperville-Elgin, IL-IN. Wage level is derived by USCIS from the offered wage, occupation and worksite; the occupation shown is inferred from the job title.

Employer immigration record

from this employer's Department of Labor filings

Green-card intent detected

Morningstar, Inc. obtained a prevailing wage determination for Software Developers in Chicago, ILLINOIS on 2026-06-10. No matching green-card filing appears in our data yet. The determination expires in 0 days (2026-09-07), and a green-card filing must follow before then or the employer starts over.

DOL often reclassifies their job titles

The Department of Labor assigned a different occupation than this employer requested on 67% of its 12 wage determinations — against a 18% norm. The occupation sets the prevailing wage floor.Reclassification is routine and can reflect genuinely hybrid roles; it is not by itself evidence of underpayment.

Files H-1B transfers

1 transfer filing in the last year, covering 1 worker. Median labor-condition decision: 7 days. An employer that already files transfers is one that can take over an existing H-1B.

Sourced from Department of Labor LCA, PERM and prevailing-wage disclosure data. Employer matching is by name, so figures may be split across an employer's legal entities. Absence of a filing means none appears in our copy of the data, not that none exists.

Community outcomes

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About the role

  • Identify opportunities and make strategic recommendations for new product development and research initiatives by utilizing knowledge of competitive landscape, investor profiles, and current product offerings (10%).
  • Continuously review and assess current investment products for improvements in product positioning, portfolio performance by leveraging research, competitor analysis (2%).
  • Author product positioning statements and substantiate product recommendations and strategic decisions (2%).

Requirements

  • This position also requires 2 years of experience in mutual fund, ETF, models, and Separately Managed Account (SMA) products at an asset management firm including investment product development/management experience.
  • Experience with research and analytics.
  • Experience using Morningstar Direct, FactSet, SalesForce, and Office 365 tools relevant to industry database.
  • Experience with investments, including asset allocation theories, investment vehicles such as mutual funds, ETFs and SMAs.
  • Experience with performance and performance attribution and MPT statistics related to multi-asset portfolios.
  • Experience with Turnkey Asset Management Platforms (TAMPs) and/or wealth management platforms.
  • Experience with competitive forces, distribution, manufacturers and landscape.
  • Experience with communicating business goals and functional requirements effectively to any audience within the enterprise.
  • Provide new product development and product rationalization recommendations to Product Managers leveraging industry knowledge and experience (10%).

Compensation

  • 100% 401k match up to 6% of salary
  • 1x salary + commission
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • $93,933 - 117,535
  • Compensation and Benefits
  • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses

Benefits

  • Financial Health
  • Stock Ownership Potential
  • Company provided life insurance
  • 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
  • Company-provided long- and short-term disability insurance
  • Emotional Health
  • Trust-Based Time Off
  • 6-Week Paid Family Caregiving Leave
  • Competitive 8-24 Week Paid Parental Leave
  • That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life.
  • Tuition Reimbursement

This listing is sourced directly from Morningstar Inc.'s careers page and normalized into a canonical job model.