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 Treasury 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 an Associate Equity Analyst, you will work closely with the senior members of the analyst team, assisting them with stock coverage, modeling, and various research projects. This position is based in our London office.
Responsibilities:
- Liaise closely with the senior members of the research team on researching, analyzing, and valuing companies in several sectors.
- Work on research projects that assist senior members of the department in evaluating companies’ competitive advantages (or moats), relative positioning within their respective sectors.
- Assist in building and maintaining detailed discounted cash flow models for companies covered by senior analysts, focusing on the key drivers of the business and incorporating scenario analyses.
Requirements:
- A minimum of a Bachelor’s degree in finance or related field is required; a Chartered Financial Analyst® or CPA designation and/or a Master's degree in business administration are preferred.
- Independence, critical thinking skills, and a passion for investing, with a bias toward long-term fundamental research and investing.
- Knowledge of various financial models, including discounted cash flow model. Advanced Microsoft Excel skills.
- Excellent written and spoken communication skills.
- The ability to work under tight deadlines, sometimes with incomplete information.
Morningstar is an equal opportunity employer.
Base Salary Compensation RangeGBP 41,800.00-55,733.33Bonus Target:
10% AnnualWe expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience, and other job-related factors.
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.
B99_MstarHollandBV Morningstar Holland BV Legal EntitySkills Required
- Bachelor’s degree in finance or a related field
- Knowledge of financial models, including discounted cash flow models
- Advanced Microsoft Excel skills
- Independence and critical thinking skills
- Passion for investing and long-term fundamental research
- Excellent written and spoken communication skills
- Ability to work under tight deadlines, sometimes with incomplete information
- Chartered Financial Analyst designation
- CPA designation
- Master’s degree in business administration
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.
