The Role: As an Associate Quantitative Analyst, you will support our Analytics Service Groups in the areas of model validation and/or special research projects. You will learn the core methodologies of that Service Group and fully integrate into the Service Group’s production processes. Working alongside product managers, software engineers, other quantitative researchers, and key downstream stakeholders, you will ensure the integrity and timeliness of model output and the robustness of the underlying methodologies.
We are looking for an individual who possesses strong technical skills, problem solving capability, consulting skills, and an interest in leadership to build efficient model verification frameworks. Alongside the person should have a passion for investment research.
This position is based in our Chicago office.
Job responsibilities:
Ensure the integrity and timeliness of model output, as well as the stability, conceptual soundness, and mathematical/statistical logic of the models.
Liaise between business, technical and modeling teams, senior management, and governance committees to build efficient model verification frameworks.
Consistently improve upon existing model validation processes, with an eye toward automation, efficiency, and robustness.
Work with other model validation analysts to develop cross-team checks that can improve production processes across Analytics.
Support dashboarding capabilities to support Quality Checks(interactive/automated/visual) that improve the interpretability of predictive models and underlying data.
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 plansand coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-termdisabilityinsurance
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 & FormalMentorshipOpportunities
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
$70,825.00-103,891.66
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.
001_MstarInc Morningstar Inc. Legal Entity
