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Equity Analyst
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 Equity Analyst, you will perform fundamental analysis, write research reports, and determine fair values on a select group of stocks. This position is based in our Chicago office.

+ Research, analyze, and estimate fair values for about 20 companies.
+ Write company and sector specific research reports that incorporate creative insights and surface investment opportunities to our clients.
+ Perform in-depth analyses of the Economic Moats of the companies on your coverage list, incorporating qualitative and quantitative factors.
+ Build detailed discounted cash flow models for each company you cover, focusing on the key drivers of the business and incorporating scenario analysis.

+ Bachelor’s degree; a CFA designation, MBA and/or CPA is preferred.
+ At least five years of experience in sell- or buy-side equity research or investment banking; experience analyzing consumer, basic materials, or energy firms strongly preferred.
+ Superior written and verbal communication skills, including an ability to comfortably speak with company managers and institutional investors.
+ The ability to make timely decisions under tight deadlines, sometimes with incomplete information.

Morningstar is an equal opportunity employer.
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