Morningstar is hiring MDP Associate

Morningstar is hiring MDP Associate

Fri Aug 04 2023

About company
Morningstar, Inc. is a leading provider of independent investment research. In our mission to empower investor success, we offer an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. We provide data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private companies, fixed- income securities, private credit, and bank loans.
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Company NameMorningstar
Job RoleMDP Associate
QualificationBachelor's degree
Job Locationmumbai
PackageAs per company standard
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Job Description

Job Description

MDP Associates will get an opportunity to start their career with our Data Operations teams which comprises of below major business units:

Equity Data: The team collects financial and non-financial data from annual, interim reports, and press releases of public companies across the globe as per the predefined collection methodologies.

Fixed Income Data Operations: The team is responsible for researching and performing quality audits and analytics on data points pertaining to bonds and derivatives received from multiple vendors.

Managed Investment Data (MID): The team is responsible for collecting and managing fund performance data which involves conducting fund analysis at both the portfolio and bond level encompassing crucial data points such as fund net asset value (NAV), and other operational data for funds and other managed investment data.

PitchBook: The team performs web-based research and utilizes technology tools to capture hard-to-find data on private capital markets, including private equity (PE), venture capital (VC), and mergers and acquisitions (M&A).

Reference & Entity Data (RED): The team is responsible for strategy and data collection of Reference Data, which touches across Morningstar products and is strategically crucial for Morningstar’s Data Governance strategy.

Sustainalytics: The team provides high-quality analytical research, ratings, and data on environmental, social, and governance (ESG) parameters to investors and companies that help them make informed decisions that lead to a more just and sustainable global economy.

Wealth Management Operations: The team provides operational support for the wealth management business covering multiple regions and activities like portfolio reconciliation, reporting, billing, and performance analytics.

MDP Associate Role:

As an MDP Associate, your role involves accurately and efficiently collecting operational data, both financial and non-financial, from diverse sources and entering it into a web-based tool. Your commitment to this organization is reflected in your efforts to align your actions with the company's goals, policies, and procedures. By prioritizing the overarching objectives, you become a vital contributor to the company's success. Effectively delivering on Key Performance Indicators (KPIs) and continuously developing skills needed to achieve ongoing operational goals.


Conduct timely and in-depth screening, research, and review of company data and disclosures.

Learn the research methodology and processes quickly and apply that knowledge consistently.

Deliver individual and team targets including production and quality.

Establish and achieve the set objectives and key results (OKRs) with the guidance of the team lead.

Provide input and ideas for new data collection methods, product/process improvements, and quality initiatives.


Good English communication, reading, writing, and content interpretation skills.

Client-oriented, innovative, with a bias for action and entrepreneurial mindset.

Analytical and critical thinking, attention to detail, and problem-solving skills.

Basic level proficiency in MS Office Suite, particularly MS Excel, and Word.


Bachelor's degree and above in any discipline.

Freshers and candidates with up to 2 years of experience can apply.

Candidates awaiting results for their last semester can also apply.

Selection Process:

Eligible candidates must successfully clear the online assessment.

Two interview rounds will be conducted post clearing the online assessment.

At every stage of eligibility, only shortlisted candidates will be contacted by the Morningstar recruitment team.

A permanent offer letter will be provided to you from Morningstar after clearing all rounds.

Date of Joining: September 2023

Title: MDP Associate

Compensation Range: ₹4,06,575 - 5,18,175 LPA, including shift allowance.

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