Associate Director of Automated Portfolio Construction

Morningstar Investment Management, LLC; Chicago (IL); Remote; USD 147,000 - 163,000; Full time

Job summary

An established industry player seeks a skilled investment analyst to conduct in-depth asset allocation and portfolio construction analysis. This role involves mentoring junior analysts, managing client relationships, and utilizing advanced quantitative tools to enhance investment strategies. The ideal candidate will have significant experience in mutual fund research and a strong grasp of portfolio construction methodologies. This innovative firm values collaboration and offers the flexibility of remote work, making it an exciting opportunity for those looking to make a significant impact in the investment management field.

Qualifications

• 5+ years of experience in mutual fund research and portfolio construction.
• Proficiency with quantitative tools and research platforms.

Responsibilities

• Conduct asset allocation and portfolio construction analysis for retirement products.
• Mentor junior analysts and manage client relationships.

Skills

Mutual Fund Research

Portfolio Construction

Asset Allocation

Quantitative Analysis

Mentoring

Investment Analysis

Education

Bachelor's degree in Finance

Tools

Bloomberg Terminal

YCharts

Refinitiv Eikon

S&P Capital IQ

FactSet

Job description

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 a key investment resource on an ongoing basis. Manage recordkeeper and plan sponsor client relationships. Mentor and coach 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 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 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 roles such as Associate Portfolio Manager, Team Lead/Senior Investment Analyst, or Investment Analyst. This also requires:

• 5 years of experience with mutual fund research and analysis, asset allocation, and portfolio construction;
• Experience with automatic portfolio construction platforms;
• Proficiency with quantitative tools and research platforms, including Bloomberg Terminal, YCharts, Refinitiv Eikon, S&P Capital IQ, and FactSet;
• Experience mentoring in a team environment;
• Experience with quantitative and qualitative investment analysis;
• Experience with holdings-based and returns-based style analysis methods for investment risk analysis;
• Experience with qualitative investment analysis related to strategy and manager research.

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

Base Salary Range: $147,742 - $163,000 USD

Morningstar Investment Management is an equal opportunity employer.