Morningstar Inc.

Senior Quantitative Investment Analyst

Chicago · Senior

Sponsorship not specified$300k-$600kDetected 29 days ago

PythonStatisticsAccountingValuationResearchLeadershipTime ManagementMentoring

About the role

The role will report to the Director of Quantitative Research, Equities, situated within Morningstar Direct's Analytics department.
Communicate clear and concise project status information to key stakeholders, including the Morningstar product teams and clients

Rigorously back-test and validate quantitative investment models, evaluating their predictive power, financial relevance, and robustness across market cycles
Create detailed specification documents and client-facing white papers

Working proficiency in Python or equivalent quantitative tools
financial domain expertise and investment intuition take priority over pure programming depth
Familiarity with quantitative research tools and openness to applying emerging analytical techniques - including AI-assisted research - to investment problems
Ability to communicate complex ideas clearly and succinctly.
Bachelor's degree is required; Finance, Economics, or Accounting strongly preferred; Computer Science or Statistics considered when paired with demonstrable investment knowledge
CFA charter holder or active CFA candidate strongly preferred; demonstrated commitment to investment excellence is a key differentiator
Working proficiency in Python or equivalent quantitative tools; financial domain expertise and investment intuition take priority over pure programming depth
Deep understanding of equity valuation, fundamental analysis, and the investment research process; genuine passion for markets and the interplay between quantitative signals and financial judgment
More than 5 years of experience in investment research, equity analysis, or quantitative finance within an asset management, sell-side, or financial data context
Comfortable taking the initiative and working without detailed guidance or supervision
Proactive and positive attitude, and a team player

programming proficiency (Python preferred) is expected, but serves the research, not the other way around.
Bachelor's degree is required
Finance, Economics, or Accounting strongly preferred
Computer Science or Statistics considered when paired with demonstrable investment knowledge
CFA charter holder or active CFA candidate strongly preferred
demonstrated commitment to investment excellence is a key differentiator

At Morningstar we believe people are at their best when they are at their healthiest.
100% 401k match up to 6% of salary
1x salary + commission

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
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Emotional Health
Trust-Based Time Off

to develop and enhance the rigorous financial methodologies that underpin Morningstar's equity ratings and investment analytics.
Its work is fundamentally finance-first - devising valuation frameworks and factor models, strengthening our equity research process, and building tools that empower our 100+ equity analysts and the institutional clients who rely on their insights.

This role does not qualify for immigration sponsorship.
We will not be considering candidates that require immigration sponsorship now or in the future for this role.

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