The Group:
Morningstar’s Research group provides independent analysis on individual securities, funds, markets, and portfolios. The Research group also provides data on hundreds of thousands of investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on millions of equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and fixed income markets. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors’ interests is the foundation of our company.
The Role:
As a Manager Research Analyst, you will produce objective, forward-looking research on funds and other investment vehicles to help individuals, intermediaries, and institutional investors make better decisions. Coverage may include equity, fixed income, multi-asset, and/or alternatives strategies.
The position is based in our Toronto office. We are in-office four days per week.
Responsibilities:
Be part a collaborative team culture that aims for and prizes high-quality research, resulting in analyses that are insightful, ratings that are good calls for investors, and broader research that helps investors understand the managed products landscape.
Conduct quantitative and qualitative analysis using Morningstar's databases, monitor regulatory information, interview portfolio managers, and perform on-site due diligence visits of asset-management firms.
Develop clear opinions to support forward-looking ratings on funds and other investment vehicles based on research that focuses on the funds’ parent company, people and process.
Contribute to thought leadership and/or the development of analytical tools that improve strategy analysis.
Requirements:
Bachelor’s degree required; graduate degree and/or CFA designation preferred.
Two to four years of experience in manager research or a closely related role.
Familiarity with liquid vehicles (open-end funds and ETFs); experience with semi-liquid vehicles is a plus.
Excellent written and verbal communication skills.
Strong time management skills and the ability to manage multiple priorities and deadlines.
Specialization in a particular asset class is a plus.
Nice to Have:
Bilingual (French/English).
Familiarity with programming languages (e.g., Python, R, MATLAB) and/or artificial intelligence tools and applications.
Incentive Target Percentage
12.5% AnnualMorningstar'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.
100_MstarResCanad Morningstar Research, Inc. (Canada) Legal EntitySkills Required
- Bachelor's degree
- Graduate degree
- CFA designation
- Two to four years of experience in manager research or a closely related role
- Familiarity with liquid vehicles (open-end funds and ETFs)
- Experience with semi-liquid vehicles
- Excellent written and verbal communication skills
- Strong time management and ability to manage multiple priorities and deadlines
- Specialization in a particular asset class
- Bilingual (French/English)
- Familiarity with programming languages (Python, R, MATLAB) and/or artificial intelligence tools and applications
What the Team is Saying
Morningstar Compensation & Benefits Highlights
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Leave & Time Off Breadth — Policies include a paid sabbatical every four years and flexible PTO covering vacation, sick, and personal days, alongside paid volunteer time. Feedback suggests these features create meaningful flexibility and rest opportunities beyond standard leave plans.
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Parental & Family Support — A global minimum of 16 weeks paid parental leave for primary caregivers (up to 8 weeks for secondary) and at least six weeks of paid caregiving leave are publicly stated, with adoption assistance also available. These provisions indicate robust support for families during key life events.
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Retirement Support — U.S. materials document a 401(k) match of $0.75 per $1 up to 7% of pay and no‑cost access to Morningstar retirement tools. This combination strengthens long‑term savings and planning for employees.
Morningstar Insights
What We Do
We are a global investment research and financial data company with 40-plus offices across North America, Europe, Australia, and Asia. Our products and services are used daily by individual investors, financial advisors, asset managers, retirement plan providers, and institutional investors. We provide data, research, and analysis across managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. The financial system can have real barriers—hidden information, friction that can slow decisions, and forces that can limit transparency and access. We work to remove them, bringing independent research, connected data, and investor-first tools to a system that needs more clarity. The people doing this work span research, technology, design, product, sales, and functional areas. We build many of our products in-house, so the work can connect directly to the tools investors use to make real financial decisions.
Why Work With Us
Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!
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Employees engage in a combination of remote and on-site work.
