Global Credit Research Lead

The Group:

Research & Investments creates compelling insights and effective investment solutions to empower investor success. We honor timetested investment principles and consistently apply robust methodologies to earn and protect trust. We thoughtfully deploy our key asset our people to scale and deliver more value to more investors. This diverse group comprises Morningstars Equity Manager and MultiAsset Research teams in addition to our Behavioral Insights and Investment Management teams.

The Role:

The MultiAsset Research Team requires an experienced researcher to contribute to fixed income and currency research reporting to the Head of Fixed Income and Currency Research. The role focuses on assessing credit risk market trends and economic factors that impact credit investments across different regions and sectors.The ideal candidate will work closely with other researchers economists portfolio managers to deliver world class fixed income and currency research that leads to better investment outcomes for clients.

This role is based in our Chicago. We are operating in a hybrid environment where we are inoffice 3 days/week.

Responsibilities:

• Generate fixed income and currency related capital market research deliverables including strategic capital market assumptions and shorterterm valuationdriven fixed income and currency research for global credit asset classes including investment grade corporate bonds high yield corporate bonds hard currency denominated emergingmarket sovereign bonds municipal bonds and other credit sensitive fixed income asset classes.
• Analyze macroeconomic factors including interest rates inflation and economic growth that influence credit spreads valuations and fundamentals.
• Provide views on relative attractiveness across global credit asset classes for internal and external clients.
• Enhance research robustness by producing additional analysis including scenario analysis back testing economic regime analysis etc.
• Evaluate fair value assumptions for credit asset classes based on corporate municipal and EM sovereign fundamentals and longterm trends.
• Lead the monthly production process of quantitative outputs from proprietary valuation models for fixed income asset classes and major currencies.
• Collaborate with economists and capital market assumption team to produce country specific economic research.
• Contribute to fixed income methodology improvements to sustain Morningstars research excellence.
• Present research findings conviction updates and market insights to internal portfolio management teams and clients.
• Contribute to external research publications and media engagements with a focus on the outlook for credit assets.

Requirements:

• 5 years of research experience in fixed income and currency research gained in a pure research capacity or as part of an investment management team.
• Deep understanding of global fixed income markets including government bonds corporate debt highyield and emerging markets.
• Prior research experience in covering credit asset classes is preferred.
• Expertise in macroeconomic analysis monetary policy and currency market dynamics.
• Strong time management skills with the ability to mentor and develop junior analysts.
• Proven ability to communicate complex market information in a clear concise and actionable manner.
• Strong quantitative skills and proficiency in relevant financial software and research tools.

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. Thats why we champion your wellness through a widerange of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health
  • 75 401k match up to 7
  • Stock Ownership Potential
  • Company provided life insurance 1x salary commission

• Physical Health
  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and companyprovided HSA contributions (up to $500$2000 annually) for specific plansand coverages
  • Additional medical Wellness Incentives up to $300$600 annual
  • Companyprovided long and shortterm disabilityinsurance

• Emotional Health
  • TrustBased Time Off
  • 6week Paid Sabbatical Program
  • 6Week Paid Family Caregiving Leave
  • Competitive 824 Week Paid Parental Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal MentorshipOpportunities
  • Annual Education Stipend
  • Tuition Reimbursement

• Social Health
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15 Employee Resource & Affinity Groups

Base Salary Compensation Range

Total Cash Compensation Range

Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate inperson each week. While some positions are available as fully remote weve found that were at our best when were purposely together on a regular basis typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are youll have tools and resources to engage meaningfully with your global colleagues.