Director of Equity Research, Multi-Asset Research

Morningstar; Chicago (IL); Hybrid; USD 196,000 - 300,000; Full time

Benefits offered by this job

Hybrid work model

401k match up to 6%

Stock ownership potential

Company-provided life insurance - 1x"

Tuition reimbursement

Job summary

Morningstar Credit Ratings, LLC is seeking a Director of Equity Research to lead the MAR team, based in Chicago or London, with a focus on producing world-class equity market research to support multi-asset strategies.

The role requires 7+ years in equity research, strong valuation skills, and the ability to mentor analysts. The position offers a hybrid work model and opportunities for thought leadership within Morningstar.

Qualifications

• 7+ years of progressive equity research experience.
• Deep understanding of corporate valuation and financial statement analysis.
• Excellent written and oral communication skills.
• CFA designation or post-graduate designation preferred.

Responsibilities

• Lead the global equity research function within MAR to support equity strategies.
• Serve on the Equity Committee and surface new investment ideas.
• Develop and oversee industry and capital-cycle analyses for equity ideas.
• Oversee production and enhancement of equity valuation frameworks with the quantitative team.
• Mentor and develop a team of analysts responsible for equity research.
• Represent the firm’s equity perspectives in client engagements and thought leadership initiatives.

Skills

Equity research

Valuation models

Financial statement analysis

Communication

Industry analysis

Team leadership

Education

CFA designation

Post-graduate designation

Tools

Job description

## Director of Equity Research, Multi-Asset ResearchApplylocations: Chicagotime type: Full timeposted on: Posted 7 Days Agojob requisition id: AP-24263898**The Group:** Research & Investments creates compelling insights and effective investment solutions to empower investor success. We honor time-tested investment principles and consistently apply robust methodologies to earn and protect trust. We thoughtfully deploy our key asset, our people, to scale and deliver more value to more investors. This diverse group comprises Morningstar’s Investment Management (“IM”) and Equity Research teams, in addition to our Behavioral Insights team. **The Role:** We require a Director of Equity Research to join our multi-asset research (“MAR”) team who will report into the Head of Multi-Asset Research. The Director of Equity Research will work closely with the MAR and IM teams, focusing on producing world class proprietary equity market investment research to support the management of the group’s investment strategies. The role is based in either our Chicago or London offices. **Responsibilities:*** Lead the global equity research function supporting equity strategies within multi‐asset portfolios* Serve as a member of the Equity Committee, helping to surface new investment ideas and prioritize the equity research agenda.* In collaboration with the Equity Committee, develop and oversee the team’s approach to in‐depth industry and capital‐cycle analysis as the key source of equity market investment ideas.* Author actionable investment theses grounded in capital‐cycle analysis, industry competitive dynamics, valuation assessment, and associated fundamental risks.* Manage the production and ongoing enhancement of equity valuation frameworks in collaboration with the quantitative research team.* Train, mentor, and develop a team of analysts responsible for equity research.* Act as a thought leader for the firm’s equity perspectives across internal forums, client engagements, and selected external thought‐leadership initiatives.**Requirements:*** 7+ years of progressive hands-on equity and company research experience with deep understanding of corporate valuation and financial statement analysis.* Have a passion for investing, markets, in-depth fundamental investment research, and supporting investment strategies and offerings to meet the needs the evolving market environments that our clients serve.* Alignment with Morningstar’s philosophy and approach to investing.* Demonstrated expertise of equity security-level valuation models.* Excellent critical thinking skills with a focus on industry and company analysis.* Outstanding oral and written communication skills, with the ability to produce high quality written materials.* Ability to communicate complex ideas clearly and succinctly.* CFA designation or a post-graduate designation is preferable.**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 + 100% 401k match up to 6% of salary + 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 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**$195,600.00-299,916.66**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.002\_MstarAssocLLC Morningstar Investment Management LLC Legal Entity