Equity Portfolio Manager

Morningstar Credit Ratings, LLC; Chicago (IL); Hybrid; USD 195,600 - 299,916; Full time

Benefits offered by this job

401(k) match up to 6%

Company-provided life insurance

Health benefits and HSA contributions

Wellness incentives

Sabbatical

Parental leave

Tuition reimbursement

Volunteer days

Hybrid work schedule

Job summary

Morningstar Credit Ratings, LLC is seeking an experienced Portfolio Manager to lead a U.S. growth strategy within the Select Equities team. The role focuses on building high-conviction portfolios of 25–50 stocks, with Chicago as the preferred location and openness to qualified candidates in other locations.

You will participate in research, portfolio management, and client communications. The successful candidate will have 10+ years of investment experience (5+ on the buyside), strong

Qualifications

• Minimum 10 years of professional investment experience, with at least 5 years on the buyside.
• Strong preference for experience as a portfolio manager or in analyzing growth companies.
• Alignment with Morningstar’s philosophy and approach to equity investing.
• Demonstrated intellectual curiosity and a genuine interest in learning new subjects, industries, and companies.
• Strong written and verbal communication skills.
• Excellent critical-thinking skills focused on company analysis and valuation.

Responsibilities

• Serve as portfolio manager for a growth-focused equity strategy that follows a disciplined approach to company valuation and portfolio risk management.
• Contribute to team research and portfolio management efforts.
• Participate in the peer-review process, providing feedback to portfolio managers on other strategies regarding prospective trades and portfolio positioning.
• Communicate with clients, including quarterly commentaries, webinars, and meetings with financial advisors.

Skills

Portfolio management

Growth equity analysis

Valuation

Communication skills

Critical thinking

Education

Bachelor's degree

CFA designation preferred

Job description

About the Group

The Investment Management group is guided by Morningstar’s investment principles focused on delivering great long‑term investment results to help end‑investors reach their financial goals. We use our expertise in asset allocation, research, investment selection and portfolio construction to create world‑class investment strategies leveraging the full resources of Morningstar, Inc. Our offerings serve financial advisers and institutions, and the investors they serve.

Role Overview

The Select Equities team manages six distinct separate account strategies with a combined $10billion of AUA as of Dec.31, 2025. We are looking to add an experienced investment professional to serve as a Portfolio Manager for our U.S. growth strategy. The team constructs high‑conviction portfolios, each holding 25‑50 stocks. While Chicago is the preferred location, we welcome qualified candidates in other locations.

Responsibilities

• Serve as portfolio manager for a growth‑focused equity strategy that follows a disciplined approach to company valuation and portfolio risk management.
• Contribute to team research and portfolio management efforts.
• Participate in the peer‑review process, providing feedback to portfolio managers on other strategies regarding prospective trades and portfolio positioning.
• Communicate with clients, including quarterly commentaries, webinars, and meetings with financial advisors.

Qualifications

• Minimum 10years of professional investment experience, with at least 5years on the buyside.
• Strong preference for experience as a portfolio manager or in analyzing growth companies.
• Alignment with Morningstar’s philosophy and approach to equity investing.
• Demonstrated intellectual curiosity and a genuine interest in learning new subjects, industries, and companies.
• Strong written and verbal communication skills.
• Excellent critical‑thinking skills focused on company analysis and valuation.
• Bachelor’s degree; CFA designation strongly preferred.

Compensation and Benefits

• Annual base salary and target incentive total cash compensation range: $195,600.00–$299,916.66.
• Financial health: 100% 401(k) match up to 6% of salary; company‑provided life insurance (1× salary + commission); company‑provided health benefits and HSA contributions (up to $500–$2,000 annually); wellness incentives up to $600 annually; long‑ and short‑term disability insurance.
• Emotional health: trust‑based time off; 6‑week paid sabbatical; 6‑week paid family caregiving leave; competitive 8‑24week paid parental leave; adoption assistance.
• Leadership coaching and formal mentorship opportunities.
• Annual flex stipend of $1,000 for personal education and well‑being expenses; tuition reimbursement.
• Social health: charitable matching gifts program, Dollars for Doers volunteering program, paid volunteering days (15+).
• Employee resource and affinity groups.
• Hybrid work: four days in‑office per week, with flexible benefits as needs change.

EEO & Workplace Statement

Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.