Morningstar Direct’s Analytics Department is hiring for its quantitative research team and looking for a knowledgeable, enthusiastic, creative, and results-driven individual with 5+ years of experience in equity research or quantitative finance to join us. 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. 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. The role will report to the Director of Quantitative Research, Equities, situated within Morningstar Direct’s Analytics department.
Pursue a deep understanding of Morningstar’s equity methodologies, analyst workflows, data requirements, and client needs.
Rigorously back-test and validate quantitative investment models, evaluating their predictive power, financial relevance, and robustness across market cycles
More than 5 years of experience in investment research, equity analysis, or quantitative finance within an asset management, sell-side, or financial data context
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:
Financial Health
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 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
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
Social Health
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Total Cash Compensation Range
$114,100.00-167,350.00
Inclusive of annual base salary and target incentive
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. 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. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
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