Associate Director of Automated Portfolio Construction

Job Duties:
Conduct in-depth asset allocation analysis, portfolio construction analysis, and investment vehicle analysis on retirement products using key modern portfolio theory statistics and techniques. Serve as an internal and external portfolio construction expert. Communicate project goals and status updates internally and externally, and act as key investment resource on an ongoing basis. Manage recordkeeper and plan sponsor client relationships. Mentor and coach the junior investment analysts on the team. Coordinate the team’s workload and drive accountability for quality and timeliness. Create a metrics and reporting framework for key processes including key KPIs. Perform regular reporting to global stakeholders. Identify and work with technology, data groups and clients to resolve investment data issues. Lead and participate in testing projects to enhance current methodologies and processes within the server based portfolio construction software. Assess the practical implications of our methodology as you strive to innovate and improve our products and services. ***Remote work requests will be considered consistent with company policy. *** ***This is not a managerial position.***

Job Requirements:
Bachelor’s degree in Finance or a related field or foreign equivalent and 5 years of relevant investment experience with emphasis on mutual fund research/analysis, asset allocation, and portfolio construction in Associate Portfolio Manager, Team Lead/Senior Investment Analyst, Investment Analyst or a related position. This position also requires: 5 years of experience with mutual fund research and analysis, asset allocation, and portfolio construction; 5 years of experience with automatic portfolio construction platform; experience with a range of quantitative tools and research platforms, including Bloomberg Terminal, YCharts, Refinitiv Eikon, S&P Capital IQ, and FactSet; experience mentoring in a team-based environment; experience with quantitative and qualitative investment analysis; experience with holdings-based and returns-based style analysis methods for investment risk analysis are important; and experience with qualitative investment analysis in relation to investment strategy analysis and manager research.

Must possess unrestricted right to work in the U.S. in this position

Base Salary Compensation range of: $147,742 - 163,000 USD

Morningstar Investment Management is an equal opportunity employer.

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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 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 Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Education Stipend
  • Tuition Reimbursement

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

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.