MDP Associate

MDP Associate

Job Description

Who we are:

MorningstarInc. is a leading provider of independent investment research. In our mission to empower investor success we offer an extensive line of products and services for individual investors financial advisors asset managers retirement plan providers and sponsors and institutional investors in the debt and private capital markets. We provide data and research insights on a wide range of investment offerings including managed investment products publicly listed companies private companies fixedincome securities private credit and bank loans.

Morningstar Development Program (MDP):

The Programs mission is to hire and develop entrylevel employees to be successful contributors to Morningstar through a learning and development process that teaches them professional and jobbased skills. Throughout this twoyear program you will receive ongoing career development mentoring and training opportunities and we hire MDP Associates across different areas of the business to help you become future leaders at Morningstar.

Morningstar Business Groups:

MDP Associates will get an opportunity to start their career with one of our Data Operations teams which comprises of below major business units:Pi

PitchBook Public Equity (PBPE): The team collects financial and nonfinancial data from annual interim reports and press releases of public companies across the globe as per the predefined collection methodologies.

Fixed Income Data Operations: The team is responsible for researching and performing quality audits and analytics on data points pertaining to bonds and derivatives received from multiple vendors.

Managed Investment Data (MID): The team is responsible for collecting and managing fund performance data which involves conducting fund analysis at both the portfolio and bond level encompassing crucial data points such as fund net asset value (NAV) and other operational data for funds and other managed investment data.

PitchBook Private Markets (PBPM): The team performs webbased research and utilizes technology tools to capture hardtofind data on private capital markets including private equity (PE) venture capital (VC) and mergers and acquisitions (M&A).

Reference & Entity Data (RED): The team is responsible for strategy and data collection of Reference Data which touches across Morningstar products and is strategically crucial for Morningstars Data Governance strategy.

Sustainalytics: The team provides highquality analytical research ratings and data on environmental social and governance (ESG) parameters to investors and companies that help them make informed decisions that lead to a more just and sustainable global economy.

Wealth Management Operations: The team provides operational support for the wealth management business covering multiple regions and activities like portfolio reconciliation reporting billing and performance analytics.

MDP Associate Role:

As an MDP Associate your role involves accurately and efficiently collecting operational data both financial and nonfinancial from diverse sources and entering it into a webbased tool. Your commitment to this organization is reflected in your efforts to align your actions with the companys goals policies and procedures. By prioritizing the overarching objectives you become a vital contributor to the companys success. Effectively delivering on Key Performance Indicators (KPIs) and continuously developing skills needed to achieve ongoing operational goals.

Responsibilities:

• Conduct timely and indepth screening research and review of company data and disclosures.
• Learn the research methodology and processes quickly and apply that knowledge consistently.
• Deliver individual and team targets including production and quality.
• Establish and achieve the set objectives and key results (OKRs) with the guidance of the team lead.
• Provide input and ideas for new data collection methods product/process improvements and quality initiatives.

Requirements:

• Good English communication reading writing and content interpretation skills.
• Clientoriented innovative with a bias for action and entrepreneurial mindset.
• Analytical and critical thinking attention to detail and problemsolving skills.
• Basic level proficiency in MS Office Suite particularly MS Excel and Word.

Eligibility:

• Minimum 60 in bachelors degree and above in any discipline.
• Freshers and candidates with up to 2 years of experience can apply.
• Candidates awaiting results for their last semester can also apply. However employment is conditional to clearing and completion of graduation and submission of relevant documents/certificates.
• Only applicants based in Mumbai will be considered.

Selection Process:

• Eligible candidates must successfully clear the online assessment.
• Candidate Information Session will be conducted post clearing the online assessment.
• Two interview rounds will be conducted for shortlisted candidates.
• At every stage of eligibility only shortlisted candidates will be contacted by the Morningstar recruitment team.
• A permanent offer letter will be provided to you from Morningstar after clearing all rounds.

Date of Joining: May 2025

Title: MDP Associate

Compensation Range: 400575 512175 LPA including shift allowance (if applicable).

Work Location: Vashi Navi Mumbai.

Work Schedule: The current work arrangement follows a hybrid model where MDP Associates are required to work three days per week from the office. Our teams work in different shifts and incumbent should be flexible to work in shifts. We provide an option to employees working in shifts to opt for oneway pickup or drop to/from locations as per the travel boundaries / city limits defined by Morningstar.

Shift Timings:

• Early Morning Shift (AU): 5:30 am to 2:30 pm
• General Shift: 10am to 7pm
• Afternoon Shift UK: 3pm to 12am
• Night Shift US: 8pm to 5am

Transportation will be provided only from:

• Officetohome dropoff option for US and UK shifts.
• Hometooffice pickup option for the AU shift.

Morningstar is an equal opportunity employer.

Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate inperson each week. Weve found that were at our best when were 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 youll have tools and resources to engage meaningfully with your global colleagues.