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Associate Product Manager, Fixed Income & Multi-Asset Indexes

Morningstar
Posted a month ago, valid for 17 days
Location

Chicago, IL 60678, US

Salary

$300 - $600 per day

Contract type

Full Time

Life Insurance
Tuition Reimbursement

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Sonic Summary

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  • Morningstar is seeking an Associate Product Manager for Fixed Income & Multi-Asset Indexes to support the growth of its index business.
  • The role requires a minimum of 2 years of work experience in a finance-related field and a strong understanding of fixed income and the index business.
  • Key responsibilities include conducting market research, coordinating index documentation, and driving adoption of Morningstar's indexes through client presentations.
  • The position offers a total cash compensation range of $74,325.00 - $126,350.00 USD annually, inclusive of base salary and target incentive.
  • This role is based in Chicago and follows a hybrid work policy of at least 4 days onsite.

The Group:

Morningstar’s mission is to empower investor success. Morningstar Indexes was created to meet the evolving needs of investors and to be a strong advocate for them. With our rich history as a transparent, investor-focused leader in data and research, we are uniquely positioned to help individuals, institutions, wealth managers, and advisors navigate investment opportunities across all asset classes, styles, and strategies. Whether assessing risk and return through traditional benchmarks or assisting investors in integrating ESG goals, our diverse range of index solutions addresses the complex questions investors face today, helping them achieve their long-term goals.Ā 

The Role

The Associate Product Manager, Fixed Income & Multi-Asset Indexeswill support the growth of Morningstar’s index business through a mix of operations, client support and market research responsibilities.In this role, you will serve as a product expert for a broad range of fixed income and multi-asset indexes and willleverage that expertise to coordinate new index launches, provide market intelligence, prepare client reports and address inquiries escalated from the client support team. You will also help support the commercial success of our indexes by serving as an index product expert in client meetings and assisting with follow-ups. This role is partof a global team and will report to the Director of Product Management, Equity Indexes.Ā Ā Ā 

This position is based in our Chicago office. We follow a hybrid policy of at least 4 days onsite.

Job Responsibilities:Ā 

  • Support the growth of the index business by working cross-functionally to bring new indexes and product enhancements to market, managing timelines, deliverables, cross-team communications, and client notificationsĀ 

  • Conduct market research to help refine product strategy and maintain competitor index mappingsĀ 

  • Coordinate the creation of external index documentation, including rulebooks and marketing materialsĀ 

  • Drive greater adoption of Morningstar fixed income and multi-asset indexes by creating materials for client pitches, giving product presentations, and assisting with follow-ups from client meetingsĀ 

  • Collaborate with the client service team todeliver monthly index reports to key clients and respond to escalated client inquiriesĀ Ā 

  • Identify potential areas for improvement with respect to workflows, documentation, and methodologyĀ 

Ā 

Qualifications:Ā 

  • A minimum of 2 years of work experience in a finance-related field
  • A bachelor’s degree is preferredĀ 
  • Fixed incomeknowledgeĀ Ā 
  • Understanding of the index businessĀ 
  • Strong analytical capabilitiesĀ 
  • A record of process improvementĀ 
  • Attention to detailĀ 
  • Strong presentation and relationship-buildingskillsĀ Ā 
  • Able to thrive in a fast-paced global work environmentĀ 
  • Harbor a genuine belief in Morningstar`s core values
  • Knowledge of Morningstar Direct is desiredĀ 

Please submit a resume and cover letter with your application materials.Ā 

Compensation and Benefits

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

  • Financial Health

    • 100% 401k match up to 6% of salary

    • Stock Ownership Potential

    • Company provided life insurance - 1x salary + commission

  • Physical HealthĀ 

    • Comprehensive health benefitsĀ (medical/dental/vision)Ā including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plansĀ and coverages

    • Additional medical Wellness Incentives - up to $300-$600 annual

    • Company-provided long- and short-termĀ disabilityĀ insurance

  • Emotional HealthĀ 

    • 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 & FormalĀ MentorshipĀ Opportunities

    • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses

    • Tuition Reimbursement

  • Social HealthĀ 

    • Charitable Matching Gifts program

    • Dollars for Doers volunteer program

    • Paid volunteering days

    • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$74,325.00 - 126,350.00 USD Annual

Inclusive of annual base salary and target incentive

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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