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Morningstar Development Program Jobs (NOW HIRING)

Morningstar, Inc.

Compliance Senior Manager

Chicago, IL · On-site

$121K - $186K/yr

  • Medical

  • Dental

  • Life

  • Retirement

... program for the Morningstar Wealth, Retirement, and Research groups located in the United States ... Stay informed of regulatory developments, respond to regulatory inquiries, and facilitate ...

Morningstar Properties

Maintenance Associate

Houston, TX

$14.75 - $20.25/hr

At Morningstar Properties, we love what we do, and we hope it shows. We're looking to expand our ... As part of our team, you'll benefit from robust training programs and development opportunities ...

Morningstar Properties

Maintenance Associate

Houston, TX

$15.25 - $21/hr

At Morningstar Properties, we love what we do, and we hope it shows. We're looking to expand our ... As part of our team, you'll benefit from robust training programs and development opportunities ...

Morningstar, Inc.

Client Account Executive, Mid-Market

Chicago, IL · On-site

$115K - $177K/yr

  • Medical

  • Dental

  • Life

  • Retirement

Morningstar's Data, Research & Enterprise Solutions group is responsible for helping our advisor ... Work collaboratively with a designated Business Development Executive, Software Sales Engineer, and ...

Morningstar, Inc.

Senior Project Manager

Ambler, PA

  • Medical

  • Dental

  • Life

  • Retirement

The Team Morningstar Credit Analytics' Program Management team leads strategic initiatives that ... Development teams, among others. The Role We are hiring a Senior Project Manager who is highly ...

Morningstar, Inc.

Client Account Executive, Mid-Market

Chicago, IL · On-site

$115K - $177K/yr

  • Medical

  • Dental

  • Life

  • Retirement

Morningstar's Data, Research & Enterprise Solutions group is responsible for helping our advisor ... Work collaboratively with a designated Business Development Executive, Software Sales Engineer, and ...

Morningstar, Inc.

Compliance Senior Manager

Chicago, IL · Hybrid

$121K - $186K/yr

  • Medical

  • Dental

  • Life

  • Retirement

... program for the Morningstar Wealth, Retirement, and Research groups located in the United States ... Stay informed of regulatory developments, respond to regulatory inquiries, and facilitate ...

Morningstar, Inc.

Senior Project Manager

Chicago, IL

  • Medical

  • Dental

  • Life

  • Retirement

The Team Morningstar Credit Analytics' Program Management team leads strategic initiatives that ... Development teams, among others. The Role We are hiring a Senior Project Manager who is highly ...

Morningstar Properties

Maintenance Associate

Tomball, TX

$15.25 - $20.75/hr

At Morningstar Properties, we love what we do, and we hope it shows. We're looking to expand our ... As part of our team, you'll benefit from robust training programs and development opportunities ...

Morningstar Properties

Maintenance Associate

Eustis, FL

$13.50 - $18.50/hr

At Morningstar Properties, we love what we do, and we hope it shows. We're looking to expand our ... As part of our team, you'll benefit from robust training programs and development opportunities ...

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Morningstar Development Program information

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$32K

$120.1K

$200K

How much do morningstar development program jobs pay per year?

As of Aug 19, 2026, the average yearly pay for morningstar development program in the United States is $120,059.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $143,000.00 per year, depending on experience, location, and employer.

What is the Morningstar Development Program?

The Morningstar Development Program (MDP) is a full-time, rotational program designed for recent graduates to develop skills across different areas of Morningstar’s business. Participants gain hands-on experience through structured training, mentorship, and project-based work in fields like data analysis, investment research, product management, and technology. The program typically lasts two years and provides exposure to Morningstar’s mission of empowering investor success. It prepares associates for long-term career growth within the company by offering networking opportunities and continuous learning.

What kinds of projects and responsibilities can participants expect during the Morningstar Development Program?

Participants in the Morningstar Development Program can expect to work on a range of projects across different business units, such as investment research, product development, or client solutions. Assignments typically involve data analysis, market research, process optimization, and supporting strategic initiatives, often in a team-based setting. This structure provides exposure to multiple functions and helps participants build a comprehensive understanding of Morningstar's business. The program's rotation-based format enables individuals to explore various interests while developing valuable professional relationships and skills. Upon successful completion, graduates are often placed in roles that match their strengths and career aspirations.

What are the key skills and qualifications needed to thrive in the Morningstar Development Program?

To thrive in the Morningstar Development Program, applicants generally need a strong academic background in finance, economics, or related fields, along with analytical and problem-solving skills. Familiarity with Excel, data analytics tools, and financial modeling is highly valued, and internships or certifications such as CFA Level I can be advantageous. Outstanding communication skills, curiosity, teamwork, and adaptability help candidates stand out in a collaborative, fast-paced environment. These competencies are crucial to excel in rotational assignments, work on cross-functional projects, and build a foundation for a successful career at Morningstar.

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Morningstar Development Program jobs near you
Infographic showing various Morningstar Development Program job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $120,059 per year, or $57.7 per hour.

Compliance Senior Manager

Morningstar, Inc.

Chicago, IL • On-site

$121K - $186K/yr

Full-time

Medical, Dental, Life, Retirement

Posted 5 days ago

MorningStar Senior Living rating

6.7

Company rating: 6.7 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

65th of 242 rated social care providers

Job description

The Team:
Morningstar's Compliance team supports Morningstar's global business entities, primarily focusing on those registered with and governed by regulatory authorities. Our compliance professionals help each Morningstar business entity adhere to the rules and regulations of the local regulatory authorities.
The Role:
Morningstar's Compliance team is currently seeking a highly motivated Compliance Senior Manager to join our team. The primary focus of the role is to oversee the daily administration of the compliance program for the Morningstar Wealth, Retirement, and Research groups located in the United States. This position is based in Chicago and reports to Morningstar's Chief Compliance Officer, Americas - Wealth, Retirement, and Research.
Key Responsibilities:
  • Design, implement, and oversee the compliance program for United States-based regulated entities under the Investment Advisers and Investment Company Acts
  • Administer and support local and global controls compliance team activities regarding policies and procedures, advisory agreements, registrations, regulatory filings, disclosures, training, monitoring and testing, customer complaints, and risk assessments
  • Manage relationships with clients and regulators on material compliance matters
  • Stay informed of regulatory developments, respond to regulatory inquiries, and facilitate regulatory examinations
  • Provide advice to employees on material compliance and regulatory matters and respond to escalated questions from business units
  • Supply guidance on new products/services or material changes to the business model
  • Monitor implemented updates by business units due to regulatory or compliance policy changes
  • Prepare and present informal and formal training sessions on complex topics
  • Oversee and mentor the United States compliance team
  • Support the United States compliance team with other tasks, initiatives, or projects, as directed
  • Promote a culture of compliance

Requirements:
  • Bachelor's degree. Advanced degree and/or relevant certifications a plus
  • 8+ years' compliance experience with investment adviser and investment company regulations
  • Background in Investment Fund Management
  • Solid understanding of and experience with applicable advisory services, regulatory environment, rules and regulations (Advisers Act, Investment Company Act, ERISA), and implementing policies and procedures for new or changing regulations
  • Experience with all facets of a compliance program and successful implementation of courses of action
  • Excellent verbal and writing skills that enable messages and decisions to be articulated confidently, effectively, and diplomatically across all levels of the business
  • Provide well-informed guidance backed by strong knowledge and analysis of the issue
  • Strong commitment to providing support to the compliance team, internal customers (management, businesses, products, etc.), and protecting the company and stakeholders
  • Ability to consistently apply and display a reasonable and mature approach in critical thinking by being able to independently assemble, evaluate, and apply logical reasoning to information
  • Strong organizational and project management skills with the flexibility to respond to changing priorities
  • Robust interpersonal skills and ability to work effectively in a team environment
  • Ability to manage multiple projects and deadlines simultaneously
  • High degree of integrity and strong work ethic
  • Attention to detail and highly organized
  • Strong leadership/management experience

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 Health
    • 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
  • Emotional Health
    • 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
  • Social Health
    • Charitable Matching Gifts program
    • Dollars for Doers volunteer program
    • Paid volunteering days
    • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range
$121,400.00-186,150.00
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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