Morningstar Inc.

Morningstar Inc.

Senior Quantitative Analyst

Chicago, United States of America · Senior

Work authorization required$300k-$600kDetected 91 days ago
PythonStatisticsAccountingValuationResearchTime ManagementCFA

Stay score

odds of building a lasting career here

61Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role90
Entry-level history0
PERM / green-card track0
Lottery odds (Level IV)94
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

Personalize to your clock →

H-1B wage level

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

Level IV · 4×
Level I$57,7411 entry
Level II$75,6082 entries
Level III$93,4753 entries
Level IV$111,3424 entries

This range already reaches Level IV — the maximum four lottery entries.

DOL prevailing wage, 2026-27 wage year · Financial Specialists, All Other (13-2099) · 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

No reports yet — be the first to help the next applicant.

About the role

  • The role will report to the Director of Quantitative Research, Equities, situated within Morningstar Direct's Analytics department.

Responsibilities

  • Create detailed specification documents and client-facing white papers Communicate clear and concise project status information to key stakeholders, including the
  • Create detailed specification documents and client-facing white papers Communicate clear and concise project status information to key stakeholders, including the Morningstar product teams and clients The

Requirements

  • No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
  • Read the job requirements carefully and make sure to attach writing or design samples as required.
  • Effective time management skills Comfortable taking the initiative and working without detailed guidance or supervision Proactive and positive attitude, and a team player 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.
  • 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:
  • In most of our locations, our hybrid work model is four days in-office each week.
  • A range of other benefits are also available to enhance flexibility as needs change.
  • 001_MstarInc Morningstar Inc.
  • Legal Entity How to Apply for a Job at Morningstar Step 1 When you find a position you're interested in, click the 'Apply' button.
  • Please fill out this form completely, attaching your resume and cover letter in the approved format.

Nice to have

  • 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 Working proficiency in Python or equivalent quantitative tools

Skills

  • Strong analytical and logical reasoning skills.

Compensation

  • Compensation and Benefits At Morningstar we believe people are at their best when they are at their healthiest.

Benefits

  • The team's mandate is rooted in equity research excellence: to develop and enhance the rigorous financial methodologies that underpin Morningstar's equity ratings and investment analytics.
  • The Responsibilities: Pursue a deep understanding of Morningstar's equity methodologies, analyst workflows, data requirements, and client needs.
  • Partner with equity research, equity data, and clients globally to identify areas where we might apply quantitative methods to benefit our analyst teams and customers.
  • Independently develop and refine quantitative valuation frameworks, factor models, and screening methodologies that strengthen Morningstar's equity research process and analyst capabilities.

Company info

  • 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.
  • To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company.

Visa & Work Authorization

  • We will not be considering candidates that require immigration sponsorship now or in the future for this role.
Apply directly at Morningstar Inc. →Create a free account for alerts like thisView Morningstar Inc. immigration profile

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