Senior Index Quant & AI Research Lead

Morningstar Credit Ratings, LLC; Chicago (IL); On-site; USD 114,000 - 167,000; Full time

Benefits offered by this job

401(k) match

Stock ownership potential

Life insurance

Comprehensive health benefits

Disability insurance

Sabbatical/Wellness programs

Tuition reimbursement

Job summary

Morningstar Indexes in Chicago is seeking a seasoned professional to build and launch new indexes, from concept to market, in collaboration with research, product, technology, and commercial teams.

You will apply quant methods, risk analytics, and AI-enabled tooling to develop durable, rules-based index methodologies and client-ready stories. Strong coding and data skills with Python, R, SQL, or MATLAB are essential.

Qualifications

• 4+ years of experience in indexes, asset management, investment banking, fintech, systematic investing, or related investment technology.
• Strong quant toolkit for investment analysis, factor research, portfolio construction, back-testing, risk analytics, or systematic strategy design.
• Proficient in coding and data using Python, R, SQL, MATLAB, or similar tools to prototype ideas and automate workflows.
• Excitement for AI-first approaches and familiarity with tools like Microsoft Copilot, GitHub Copilot, Claude Code, Gemini, ChatGPT, or similar platforms.

Responsibilities

• Build and launch new benchmark, thematic, factor, strategic beta, and multi-asset indexes from concept to market with cross-functional teams.
• Drive the full product innovation cycle: spot opportunities, test signals, run back-tests, shape methodology, and ensure launch-readiness.
• Use quant techniques, risk analytics, and statistical testing to turn investment ideas into durable, rules-based index methodologies.
• Develop tools, prototypes, dashboards, and client-facing narratives to illustrate complex quant and AI ideas.

Job description

Morningstar Indexes in Chicago is seeking a seasoned professional to build and launch new indexes, from concept to market, in collaboration with research, product, technology, and commercial teams.

You will apply quant methods, risk analytics, and AI-enabled tooling to develop durable, rules-based index methodologies and client-ready stories. Strong coding and data skills with Python, R, SQL, or MATLAB are essential.