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Temporary Morningstar Development Program Jobs in Illinois

Software Engineer

Chicago, IL · On-site

$89K - $131K/yr

Familiarity with version control (Git) and collaborative development workflows (pull requests, code ... program * Paid volunteering days * 15+ Employee Resource & Affinity Groups Morningstar's hybrid ...

Senior Software Engineer

Chicago, IL · On-site

$114K - $167K/yr

The Team Morningstar's credit research and ratings subsidiary (DBRS Morningstar) is a Nationally ... The position includes the development of new systems and maintenance and improvement of existing ...

Global Process Owner

Chicago, IL · On-site

$156K - $170K/yr

... and Macro development. **Will accept any suitable combination of education, training, and ... program * Paid volunteering days * 15+ Employee Resource & Affinity Groups Morningstar's hybrid ...

Python Development: Production applications, APIs (calling and invoking, Rest API's) for data ... program * Paid volunteering days * 15+ Employee Resource & Affinity Groups Morningstar's hybrid ...

Software Engineer

Chicago, IL · On-site

$89K - $131K/yr

At Morningstar, helping investors is what brings us together and drives our work. We are looking ... NET, Python, AWS, and modern platform development to join our team, grow with us, introduce us to ...

Drive execution of software development initiatives, tracking progress, dependencies, and risks ... Compensation and Benefits At Morningstar we believe people are at their best when they are at their ...

Principal QA Automation Engineer

Chicago, IL · On-site +1

$121K - $151K/yr

This position also requires 8 years of experience with development and execution of automated test ... program * Paid volunteering days * 15+ Employee Resource & Affinity Groups Morningstar's hybrid ...

New

Senior IT Internal Auditor

Chicago, IL · On-site

$87K - $108K/yr

Morningstar's Global Audit and Assurance seeks a highly motivated Senior IT Internal Auditor who ... Strong understanding of information technology general computer controls, system development life ...

Python Development: Production applications, APIs (calling and invoking, Rest API's) for data ... program * Paid volunteering days * 15+ Employee Resource & Affinity Groups Morningstar's hybrid ...

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Temporary Morningstar Development Program information

What is the difference between Temporary Morningstar Development Program vs Financial Analyst?

AspectTemporary Morningstar Development ProgramFinancial Analyst
CredentialsBachelor's degree, relevant courseworkBachelor's degree, often CFA or CPA preferred
Work EnvironmentStructured training, rotational assignments at MorningstarOffice setting, analyzing financial data and reports
Employer & IndustryMorningstar, finance and investment industryVarious financial firms, investment industry
Search & Comparison IntentEntry-level training programs, career developmentFinancial analysis roles, career progression

The Temporary Morningstar Development Program is a structured, entry-level training initiative designed to develop skills in finance and investment at Morningstar. In contrast, a Financial Analyst typically holds a more specialized role analyzing financial data, often requiring additional certifications. While both roles operate within the finance industry and may share similar educational backgrounds, the program emphasizes rotational training and career development, whereas the Financial Analyst role focuses on specific analysis tasks and reporting.

Is Morningstar a good company to work for?

The Temporary Morningstar Development Program offers participants exposure to financial data analysis, software development, and investment research within a well-established firm. Employees generally report a collaborative environment, opportunities for skill development, and a focus on innovation. However, individual experiences may vary based on role and location.

Is it hard to get into Morningstar?

The Temporary Morningstar Development Program is competitive, often requiring relevant skills such as data analysis, programming, or finance, along with a strong academic background. Applicants typically undergo multiple interview rounds and assessments to demonstrate their qualifications and fit for the program.

How much do Morningstar interns get paid?

Morningstar interns in the Development Program typically receive hourly pay that aligns with industry standards for internship compensation, often ranging from minimum wage to competitive rates based on location and experience. Compensation may also include stipends or benefits depending on the program specifics and duration.

What is a MDP associate?

A MDP associate in the context of the Morningstar Development Program is a participant in a structured training program designed to develop skills in investment research, data analysis, and financial modeling. The role typically involves collaborative projects, mentorship, and exposure to various departments within Morningstar to prepare for a full-time position. Strong analytical skills and proficiency with tools like Excel or financial software are often required.
What are the most commonly searched types of Morningstar Development Program jobs in Illinois? The most popular types of Morningstar Development Program jobs in Illinois are:
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What cities in Illinois are hiring for Temporary Morningstar Development Program jobs? Cities in Illinois with the most Temporary Morningstar Development Program job openings:
Software Engineer

Software Engineer

Morningstar, Inc.

Chicago, IL • On-site

$89K - $131K/yr

Full-time

Medical, Dental, Life, Retirement

Posted 28 days ago


MorningStar Senior Living rating

6.4

Company rating: 6.4 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

85th of 232 rated social care providers


Job description

About the Role
The Editorial Automation Software Engineer will be responsible for designing, building, and maintaining scalable software systems that power Morningstar's data-driven markets journalism. This role focuses on creating reliable, maintainable architecture and tooling that enable editors and data journalists to produce timely, accurate content using Morningstar data.
You will work closely with data journalists, editors, product managers, and other engineers to translate editorial and business requirements into production-quality software. While the systems you build support editorial workflows, this is fundamentally a software engineering role, with a strong emphasis on scalable system design, code quality, and operational efficiency.
Location: Chicago, IL (Hybrid Policy- 4 days onsite)
Responsibilities
  • Design and develop scalable, maintainable architecture that transforms structured financial data into editorial outputs such as full articles, charts, and tables.
  • Build and maintain high-quality software that powers automated editorial workflows, including data-focused content creation and publishing integrations with internal Content Management Systems (CMS).
  • Write clean, well-tested, and well-documented code following Morningstar engineering standards and best practices.
  • Build and maintain event-driven architectures powered by Amazon Web Services such as AWS Lambda, EventBridge, and related services.
  • Collaborate with data journalists and editors to understand requirements and deliver tools that are reliable, intuitive, and extensible.
  • Improve and refactor existing systems to enhance performance, reliability, and adaptability as data sources and business needs evolve.
  • Implement monitoring, logging, and alerting to proactively detect, diagnose, and prevent production issues.
  • Ensure data quality and correctness through validation, error handling, and unit testing.
  • Participate in code reviews, technical design discussions, and architecture decisions.
  • Contribute to planning and estimation for projects supporting editorial automation and markets coverage.

Requirements
  • A bachelor's degree in Computer Science, Engineering or a related field
  • 3+ years of professional experience developing production-grade applications.
  • Strong programming skills in Python, R, or SQL for data analysis and transformation.
  • Familiarity with version control (Git) and collaborative development workflows (pull requests, code reviews).
  • Experience with software engineering best practices, including test-driven development, automated unit testing and functional testing, and DevOps practices such as continuous integration/continuous delivery (CI/CD).
  • Ability to implement workflows that track data/API usage and automation executions. Develop reporting and dashboards to assess the reliability, performance, and operational health of automation tools.
  • Experience with AWS compute technologies (Lambda, ECS/ECR, EC2, API Gateway, IAM, S3) is a plus
  • Knowledge and practical experience with domain modeling and object-oriented design patterns and principles, such as the SOLID principles.
  • Experience supporting data-heavy products or internal tools.
  • Strong organizational skills and the ability to manage multiple deliverables in a collaborative team environment.
  • Familiarity with financial markets and reporting standards, with the ability to interpret complex data sets, preferred.
  • Experience working within an agile environment, preferred.
  • Experience with data visualization tools such as Datawrapper, preferred.

We're not considering candidates who require sponsorship now or in the future
Total Cash Compensation Range
$89,625.00-131,441.66
Inclusive of annual base salary and target incentive
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

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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