Equity Research Analyst

The Group: Morningstar’s Research group provides independent analysis on individual securities, funds, markets, and portfolios. The Research group also provides data on hundreds of thousands of investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on millions of equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors’ interests is the foundation of our company. We believe that our research analysts are among the most respected thought leaders in the industry, and we offer original, influential, thought provoking, and independent analysis. We offer intellectually challenging career paths and the opportunity to work alongside highly motivated individuals and industry experts.

The Role: Our Equity Research team is looking for a highly motivated equity associate to facilitate coverage of stocks on a sector team. The associate will have opportunities to contribute materially to topical and thematic research, and substantially assist with coverage on a variety of firms in the sector. This position is based in our Chicago office.

Responsibilities:

• Assist sector analysts to speed the construction of long-term, well substantiated research.
• Gather and help interpret industry data to contribute to long-term forecasts and help write notes for a sophisticated and demanding client base. Analyze implications of fundamental industry developments for coverage as required.
• Contribute to research material on your team’s coverage lists.
• Become entrenched in industry news flow to fully understand sector drivers and gain context.
• Work quickly and efficiently with industry data while ensuring output remains error-free.
• Become an expert in Morningstar’s Economic Moat research methodology.
• Proactively seek out the information required to learn more about the sector and associated industries.
• Act with independence and an “investors first” attitude at all times.

Qualifications:

• A bright, motivated individual with the desire to succeed in an intellectually intense environment. Possess scholarly curiosity, a passion for creative analysis, and meticulous attention to detail.
• Ability to think broadly and creatively about a range of strategic issues affecting a business.
• Strong qualitative and quantitative acumen combined with strong written and verbal communication skills.
• Bachelor’s degree.
• Progress toward CFA designation and/or MBA preferred.
• Demonstrated ability to make decisions under tight deadlines, at times with incomplete information.
• Possess independence, critical thinking skills, and a passion for investing with a bias toward long-term fundamental research.
• Sound financial modeling skills and knowledge of discounted cash flow modeling techniques. Excel proficiency is expected.
• Work well within a team and be capable of respectfully accepting and providing constructive feedback.

Application Requirements:

• A bachelor’s degree
• A resume AND cover letter is required to apply. **Please be sure to include the word "Resume " in the file name of the resume you upload to your application on the front page.

Please note: this is for an immediate start date

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least three days 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.