Equity Analytics Quant – AI-Powered Research & Valuation

Morningstar; Chicago (IL); On-site; USD 92,000 - 135,000; Full time

Benefits offered by this job

401k match up to 6%

Stock ownership potential

Health benefits (medical/dental/vision

Disability insurance

Sabbatical program

Job summary

Morningstar in Chicago seeks a Quantitative Analyst to join the Equity Analytics team. You will turn holdings, equity data, and company filings into high-quality analytics and support ongoing model validation in production.

The role emphasizes independent work with senior analysts and requires Python/SQL, 2–5 years in quantitative research or equity analysis, and comfort with large datasets.

Qualifications

• Strong foundation in equity fundamentals—financial statement analysis, valuation, and business drivers—with a quantitative mindset and interest in how investors use company-level data.
• Strong Python and SQL skills, comfortable with large, varied datasets.
• Rigorous skeptical approach to research—test assumptions and validate findings before treating them as done.
• Comfortable with ambiguity in data (gaps, inconsistencies) even when goals are defined.
• Clear written and verbal communication to explain analysis to senior colleagues.
• Familiarity with using AI tools to support research, coding, or validation.
• 2–5 years of experience in quantitative research, equity analysis, or related field.

Responsibilities

• Run the full lifecycle of a research task: pull and explore data, assess quality, test approaches, refine based on results.
• Build analytics across equity data IP under guidance of senior analysts and manager.
• Develop depth in how investors use equity analytics to understand stock exposure within a fund or portfolio.
• Support ongoing model validation from pre-launch checks to production issue resolution.
• Maintain clear, well-documented code and analysis for review and reuse.
• Flag edge cases or data issues to senior analysts rather than resolving alone.
• Contribute to peer review of others' work and stay open to close review of your own.
• Stay current on methodologies and AI-assisted approaches used in research and validation.

Skills

Python

SQL

Equity analysis

Quantitative research

Job description

Morningstar in Chicago seeks a Quantitative Analyst to join the Equity Analytics team. You will turn holdings, equity data, and company filings into high-quality analytics and support ongoing model validation in production.

The role emphasizes independent work with senior analysts and requires Python/SQL, 2–5 years in quantitative research or equity analysis, and comfort with large datasets.