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Director, Data Strategy

Morningstar, Inc.
$115,815.00 - 208,463.00 USD
life insurance, tuition reimbursement, 401(k)
United States, Illinois, Chicago
22 West Washington Street (Show on map)
May 14, 2025

The Role:
The Direct Platform business unit is looking for a strategic and results-driven Director, Data Strategy to define Morningstar's data vision, ensuring we collect the right data assets aligned to client needs, emerging trends, and commercial opportunities. This leader will architect our data strategy, prioritize key data investments and use cases to maximize client impact and business value globally.

Key Responsibilities:

  • Define and own the global data strategy, identifying critical data sets to collect, enrich, and deliver based on client needs and market opportunities, responsible for region specific needs and plans.
  • Develop clear frameworks for assessing new data opportunities, including alignment to client use cases, regulatory trends, and commercial potential.
  • Partner closely with Data Collections, Product, Research, Technology, and Commercial teams to prioritize data investments and integrations across the platform.
  • Conduct in-depth market, client, and competitive research to surface unmet needs and emerging data trends globally and regionally.
  • Establish and oversee governance models for data sourcing, quality, and usage to ensure consistency and scalability across Morningstar solutions.
  • Create business cases for new data initiatives, including ROI analysis, build/buy/partner recommendations, and success metrics.
  • Act as the internal evangelist for our data strategy, aligning stakeholders around the vision and driving execution across the organization.

Qualifications:

  • 7+ years of experience in Product Management, Strategy, Data Strategy, or related roles within the financial services or data industry.
  • Deep understanding of the investment management ecosystem and the key data needs of asset managers, wealth managers, advisors, and other financial institutions.
  • Demonstrated ability to translate client problems and market shifts into actionable, high-impact data initiatives.
  • Strong knowledge of Fund, Equity, and Fixed Income data types, as well as alternative data and other current and emerging data types and trends.
  • Experience working with cross-functional teams including engineering, research, sales, and marketing to drive complex data initiatives.
  • Strategic thinking and commercial acumen, with a proven track record of influencing senior leadership and driving data-driven business growth.

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 plansand coverages
    • Additional medical Wellness Incentives - up to $300-$600 annual
    • Company-provided long- and short-term disabilityinsurance
  • 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 MentorshipOpportunities
    • Annual Education Stipend
    • Tuition Reimbursement
  • Social Health
    • Charitable Matching Gifts program
    • Dollars for Doers volunteer program
    • Paid volunteering days
    • 15+ Employee Resource & Affinity Groups

Base Salary Compensation Range

$115,815.00 - 208,463.00 USD Annual

Total Cash Compensation Range

$156,350.00 - 281,425.00 USD Annual

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.

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