About the Role
Direct Platform Group provides independent analysis on individual securities managed investments portfolios and markets. The group also collects and maintains highquality data on equities managed investments and fixedincome investments to create one of the largest investment databases in the world.
We are seeking an innovative and strategic leader to serve as Head of Data Operations. This role is responsible for leading and transforming the daytoday operations of a global team of more than 1000 team members to ensure the integrity quality and relevance of our financial datasets.
Reporting directly to the President of Direct Platform the Head of Data Operations will shape the future of our data operations partnering closely with technology teams to drive efficiency scalability and innovation while optimizing resource allocation and evolving how we collect and use is an exciting opportunity to have an immediate and lasting impact on the foundation of Morningstars data excellence.
This role is based in our Chicago office. We are operating in a hybrid work environment where we are inoffice 3 days/week.
Key Responsibilities
Data Operations Leadership
- Manage and develop a global team of data analysts team leaders and productdevelopment managers by providing strategic direction establishing operational goals and optimizing processes.
- Ensure the highest levels of data quality consistency and completeness across all asset classes.
- Design and implement best practices to evolve the nature of data collection with a focus on scalability automation and continuous improvement.
Data Strategy and Innovation
- Lead the creation and execution of the data acquisition strategy: identify what datasets we should collect why and for which use cases.
- Build strong partnerships with Product Research and Technology to align data priorities with business objectives and client needs.
- Champion opportunities to enhance datasets with proprietary calculations methodologies and valueadded metrics.
- Identify and implement strategies to do more with fewer resources including automation advanced analytics and evolving role expectations.
Partnership with Technology
- Partner with technology leaders to optimize tools platforms and workflows that enable bestinclass data collection transformation and delivery.
- Collaborate with engineering and architecture teams to ensure operational needs are incorporated into platform designs without direct ownership of technology build.
- Stay abreast of data innovation trends and technologies helping guide the organizations approach to modern data operations.
Governance and Collaboration
- Contribute to the development of data governance policies and operational standards.
- Work crossfunctionally with Legal Compliance Risk and Information Security to ensure data collection and management meets all regulatory and privacy requirements.
- Serve as a visible and vocal champion for a highperforming datadriven culture across the enterprise.
Qualifications
- 15 years of leadership experience in data operations financial data management or a related field.
- Deep knowledge of mutual fund equity and fixedincome data as well as investment methodology.
- Demonstrated success leading largescale operational teams in a dynamic global environment.
- Strong understanding of data management workflows including extraction transformation normalization and quality assurance.
- Experience working closely with technology and product management teams to deliver innovative data solutions.
- Familiarity with Big Data technologies and machine learning applications is a plus.
- Exceptional communication leadership and change management skills.
Requirements
- Bachelors degree in a relevant field such as Finance Business Computer Science or Engineering (Masters degree preferred).
- Ability to be based in or regularly travel to Chicago.
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
$194855..00 USD Annual
Total Cash Compensation Range
$302025..00 USD Annual
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.
001MstarInc Morningstar Inc. Legal Entity
Required Experience:
Director