Quantitative Research Analyst

| Chicago
  • The Team: The Investment Research team supports Morningstar Investment Management through investment and product development methodologies, economic and investment insights, and published research and thought leadership. Team members include financial investment experts, mathematical / statistics experts, economists, and financial planning experts with advanced degrees.

     

    The Role:  We are looking for a Quantitative Research Analyst to aid in the development, maintenance, implementation, research and innovations around our investment methodologies. This position is based in our Chicago office.

     

    Responsibilities:

    • Developing and/or implementing investment methodologies relating to time-series models, risk factor models, portfolio optimization, dynamic programming, Monte Carlo simulation, and econometric models.
    • Refining the implementation of current methodologies.
    • Conducting research in areas of quantitative investment such as asset allocation, portfolio construction and risk management.
    • Analyzing financial time-series and cross-sectional data. 

     

    Requirements:

    We are looking for a self-motivated and meticulous individual, who is passionate about quantitative methodologies, investments, capital markets and technology. The ideal candidate will have a strong quantitative background, strong analytical skills, intermediate to advanced knowledge of finance and economics (beyond the introductory levels of college work), and a strong background in programming. Good writing and oral communication skills are important. The ideal candidate will be a creative problem-solver, be able to work across multiple teams, and understand the broader goals and products of different divisions within the organization. 

     

    The individual would ideally possess one or more of the following academic and professional qualifications: 
    a) A master’s degree or Ph.D. in a quantitative field such as financial engineering, econometrics, math, statistics, computer science, engineering, or physics.
    b) CFA designation (or in the progress) is a strong plus. 

    Specific skills and competencies: 

    • Programming languages: Matlab, R, SQL, Excel/VBA.
    • Working knowledge of time series analysis and statistical methods.
    • Working Knowledge of Monte Carlo simulations and optimization techniques. 

    002_MIMLLC Morningstar Investment Management LLC Legal Entity

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Location

22 W. Washington , Chicago, IL 60602

What are Morningstar Perks + Benefits

Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Volunteer Time
Sabbatical
Perks & Discounts
Casual Dress
Commuter Benefits
Happy Hours
Parking
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement

Additional Perks + Benefits

Compensation at Morningstar is more than a salary. It’s about making positive contributions to both life and work. We give our diverse workforce the choice and flexibility they need to maintain their health, retirement plans, time, and professional growth.

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