[Remote] Senior Investment Analyst

Note: The job is a remote job and is open to candidates in USA. Morningstar is a leading investment management firm, and they are seeking a Senior Investment Analyst to leverage expertise in financial modeling and econometrics. The role involves driving impactful investment decisions through collaboration with industry leaders and utilizing advanced analytics tools.

Responsibilities

• Estimate long-term variables to generate expected returns
• Strong knowledge of financial theory, especially long-run cash flow models and present value relations
• Translate stock-based theories and models to broader asset classes
• Expert in estimating equity expected returns using supply side framework
• Proven contributions to equity index aggregation methodologies
• Develop complex econometric models and techniques
• Conduct back test studies and research using time series, cross sectional and panel methodologies
• Analyze the effects of different types of economic shocks using SVAR models
• Apply fixed income models and term structure concepts to equities and other asset classes
• Model joint events using multivariate distributions and create simulations using copulas
• Impose diagonal restrictions to capture bottom-up risk information from equity analysts

Skills

• Bachelor's degree in Business Analytics, Finance, Economics, Mathematics, or a related analytical field, or foreign equivalent
• 3 years of relevant investment experience in Associate Analyst (Multi Asset Research), Financial Product Specialist, or related position
• Chartered Financial Analyst (CFA) credential
• Experience with investments, especially expertise in and knowledge of financial theory and the ability to link this to empirical and practical applications, including estimating expected returns and asset allocation
• Experience with advanced return and fundamental decompositions using knowledge of asset pricing theory
• Experience of advanced econometrics and use in daily work flow
• Experience using Python, R, Matlab, Morningstar Direct, Morningstar Direct API in Python, Pitchbook, Office 365 tools relevant to industry database
• Experience in creating expected return models and estimates for public markets
• Experience in creating expected return models for assets with non-observable returns
• Experience in estimating latent variables, including but not limited to state space models and Bayesian Markov Chain Monte Carlo methods
• Expertise in creating fundamental equity indices and fundamental ratios
• Expertise in asset class and security level risk estimates and decompositions using eigenvalues and eigenvectors
• Experience and understanding of economic competitive forces, especially quantitative measurement and modelling dynamics and fade rates of competitive advantages
• Experience with communicating business goals and functional requirements effectively to any audience within the enterprise
• Must possess unrestricted right to work in the U.S. in this position

Benefits

• 100% 401k match up to 6% of salary
• Stock Ownership Potential
• Company provided life insurance - 1x salary + commission
• Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
• Additional medical Wellness Incentives - up to $300-$600 annual
• Company-provided long- and short-term disability insurance
• Trust-Based Time Off
• 6-week Paid Sabbatical Program
• 6-Week Paid Family Caregiving Leave
• Competitive 8-24 Week Paid Parental Leave
• Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
• Tuition Reimbursement
• Charitable Matching Gifts program
• Dollars for Doers volunteer program
• Paid volunteering days
• 15+ Employee Resource & Affinity Groups
• Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

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