Senior Product Manager/Private Convergence

The Role:
The Products team seeks an enthusiastic, results-driven Senior Product Manager, Public/Private Convergence to drive the product strategy and commercial success of our initiatives focused on bridging public and private investments. This leader will be responsible for setting and executing the strategy for all Direct-related products to unlock new opportunities, and meet existing customers' evolving needs defining the roadmap, partnerships, and innovations needed to deliver integrated investment solutions across the full spectrum of asset classes.
To foster continuous collaboration, we follow a hybrid policy which entails of a minimum of 3 days onsite per week in our Chicago office.
Responsibilities:

• Set and lead the strategy for public and private market convergence in Direct products, defining the roadmap, partnerships, and innovations needed to deliver integrated investment solutions across the full spectrum of asset classes.
• Drive commercial success by aligning product initiatives with client needs, identifying new market opportunities, and collaborating closely with Sales, Technology, and Product teams to execute the go-to-market plan and Data, Analytics and Research teams to align required content and inputs.
• Leverage expertise in private investments to inform product design, with a deep understanding of how private investments differ from public investments in structure, operations, and client application and impact on portfolio construction
• Develop product capabilities informed by investor workflows, incorporating knowledge of how investors select, allocate, and monitor private investments and how private investments fit into a multi-asset class portfolio to create seamless, end-to-end solutions.
• Maintain competitive intelligence on the evolving landscape of solutions targeting multi-asset portfolios with private investment components, using this insight to refine product positioning and drive market differentiation.

Requirements:

• Minimum of 7 years of experience in product management and/or data operations.
• Experience with analyzing portfolios that have allocations to private investments and an understanding of the type of analytics needed to perform a comprehensive review.
• Experience with private investments and in particular the mechanics of how private investments differ from public investments.
• Knowledge of the existing workflow for investors who currently invest in private investments from investment selection to investment monitoring.
• Knowledge of competitors who are targeting solutions built for multi asset portfolio containing private investments.
• Strong oral and written communication, planning, and analytical skills.
• Demonstrated ability to work effectively across teams, functions, and product lines.
• Excellent quantitative and analytical skills, with strong prioritization abilities.
• Ability to thrive in a fast-paced environment, passion for innovation, and alignment with Morningstar's core values.

Total Compensation Range:
$117,850-281,425
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
  • 75% 401k match up to 7%
  • 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 Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Education Stipend
  • 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 work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.