Associate Director of Data Science
Associate Director of Data Science
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Job Description
About the Role: Morningstars Investment Services group collects and maintains highquality data on equities managed investments fixed income and alternative investments. Morningstar is one of the largest independent sources of manager equity and credit data and research in the world. We transform data into insights that investors can use to reach their financial goals.
The Role: As the Associate Director of Data Science Investment Services you will lead a team of data scientists globally to enable improvements in data collection analyst productivity quality and speedtomarket for new datasets. This role will collaborate with Data Science Product Management and Engineering to build solutions that will be implemented in our collections applications. This role has multiple stakeholders as this group will provide solutions for Managed Investment Data Collections Public Equity Collections Reference Data and 3rd party data integrations.
This position requires intellectual curiosity and willingness to expand your knowledge of financial data an openness to experimentation with emerging technologies including NLP and ML techniques LLMs agents etc. and an orientation towards implementation and practical application of data science for the businesses our data supports.
To foster continuous collaboration we follow a hybrid policy of a minimum of 3 days in our Chicago office.
Job Responsibilities:
Conduct R&D:
- Lead efforts to develop collection solutions across a range of investment types in equities fixed income and managed products including alternative products such as annuities or private funds.
- Formulate and evaluate data science approaches for collection and operational needs including use of LLMs finetuning of models and use of agents for tasks automation collaboration and orchestration.
- Keep pace with trends in financial industry as well as Data Science and Financial Research industries. Can apply data science techniques to relevant and meaningful financial industry client needs. When making decisions considers the impact a solution will have on both a data analyst and an endclient level.
People Management:
- Lead a research team set clear goals develop investment and analytics skills encourage constructive feedback and support senior management.
- Mentor the people below you develop their skills and position them for success.
Build Bridges:
- Partner with Data Collections Technology and Product Management to organize and implement data science to improve Morningstars systems for our analysts and improve our data for clients
- Work with Software teams Research and business units to develop analytics and align research roadmaps to product delivery
- Partner with the Data Analyst teams to design solutions that delight analysts and provide the highest quality for specific types of financial data
- Drive operational improvements across the team
Project Management:
- Utilize and advocate for Agile project management practices to track projects coordinate with internal groups and resolve conflicts.
Qualifications:
- 10 years of handson investment experience with 5 years of management experience
- Graduate degree education preferred particularly an MBA or CFA designation
- Expert knowledge of statistical methods
- Strong familiarity and curiosity with NLP LLMs and agentic solutions
- Significant experience with Python AWS and various data storage big data technology and streaming data processing.
- Excellent attention to detail and impeccable accuracy in running and proofing analyses and algorithms.
- Ability to interface and project confidence and clarity directly with senior leaders both internally at Morningstar and externally with institutional clients.
- Ability to convert strategic plans into actionable programs and projects.
- Ability to create and promote a culture of technology excellence and innovation.
- Experience with agile principles including testdriven development continuous integration and test automation.
- Ability to work both collaboratively and independently
- Demonstrated effectiveness in leading an investment team as a manager
- Ability to educate train and communicate with early career employees
- Ability to improve and scale existing programs
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
$140667..00 USD AnnualTotal Cash Compensation Range
$189900..00 USD AnnualMorningstars 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.
001MstarInc Morningstar Inc. Legal EntityRequired Experience:
Director
Employment Type
Full-Time
