Associate Portfolio Manager

Morningstar - Chicago, IL

Full-time - Senior

Hybrid - Chicago, IL

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

About the position

The Portfolio Management team at Morningstar is seeking an experienced investment professional to join their ranks as an Associate Portfolio Manager. This role is pivotal in assisting and contributing to the multi-asset investment teams, reporting directly to the Head of Investments for Multi-Asset Strategies. The ideal candidate will possess extensive financial knowledge and a proven track record in driving investment results. The position is based in Chicago and operates within a hybrid work environment, requiring in-office attendance three days a week. In this role, you will be responsible for building robust portfolios that align with the objectives and constraints outlined in the Investment Policy Statement, ultimately delivering superior risk-adjusted returns. You will manage subadvised multi-manager bond funds, which includes selecting and monitoring subadvisors while constructing asset class exposures that reflect the views of the asset class team. Additionally, you will oversee multi-asset income-focused strategies tailored to meet client needs. Your responsibilities will also include creating and maintaining a focused buy list of fixed income managers, effectively communicating the advantages and disadvantages of various investment strategies and processes, and participating proactively in global best practice investment sub-committees and portfolio management forums. You will contribute to relationship management for Managed Portfolios clients and engage in marketing efforts through roadshows, webinars, and content creation. Furthermore, you will build and maintain an external profile for Investment Management as a thought leadership brand through publications and media engagements, advocating for Morningstar's investment principles both internally and externally.

Responsibilities

• Build robust portfolios that meet all relevant objectives and constraints set out in the Investment Policy Statement to deliver superior risk-adjusted returns.
• Manage subadvised multi-manager bond funds, providing subadvisor selection and monitoring, and building asset class exposures that reflect the asset class team's views.
• Manage multi-asset income focused strategies that meet the needs of our clients.
• Create and maintain a focused buy list of fixed income managers, and communicate advantages and disadvantages of an investment strategy and process with key risks to team members.
• Proactively participate in the global best practice investment sub-committees and other global portfolio management forums.
• Contribute to the relationship management for Managed Portfolios clients.
• Manage and contribute to marketing efforts via roadshows, quarterly webinars, due diligence meetings, videos, content, social media, investment insights and conference presentations.
• Build and maintain an external profile for Investment Management as a thought leadership brand through publications, media engagements, conference presentations and client meetings.
• Be an advocate for our investment principles and approach within and outside of Morningstar.

Requirements

• Deep knowledge of Morningstar's philosophy and approach to investing.
• Passion for investing and penchant for in-depth research and analysis.
• Extensive knowledge of capital markets, investment strategies, and alternative investments.
• Excellent critical thinking skills for investing, preferably with a focus on valuation-driven investing strategies and processes.
• Familiarity with a range of quantitative tools and research platforms.
• Demonstrated effectiveness in a team-based environment—adept with articulating ideas, respectfully challenging others, and mentoring team members.
• Experience in producing excellent written materials for clients, media and journals.
• Experience in acting as an expert spokesman to clients and external stakeholders.
• 7+ years of hands-on investment experience.
• Graduate degree education preferred, particularly an MBA or CFA designation.

Benefits

• Hybrid work environment allowing remote work and in-person collaboration.
• Tools and resources to engage meaningfully with global colleagues.