Director of Product Manager, Private Credit Indexes

The Group: Morningstar Indexes is one of the fastest-growing businesses within Morningstar. We deliver innovative indexing solutions that measure and benchmark markets and asset classes globally, offering a comprehensive suite of equity, bond, commodity, and asset allocation indexes. Our indexes are designed to support investors at every stage of the investment process-market monitoring, benchmarking, asset allocation, and portfolio construction.
Global asset managers use our strategic beta indexes, built on proprietary research, to power differentiated investment solutions. They also rely on our market beta indexes, which cover a broad range of asset classes, to benchmark performance and design new investment products.
The Role: We are seeking a strategic, collaborative leader with strong business acumen and intellectual curiosity to spearhead the growth of our Private Credit Indexes. Reporting to the Head of Innovation, the ideal candidate will have deep expertise in credit markets and a passion for building transparent benchmarks in traditionally opaque asset classes. This is a high-visibility role that will shape product strategy, drive innovation, lead lifecycle management, act as a thought leader both internally and externally, and partner across the organization to scale and evolve our offering. This position is based in our Chicago office. We follow a hybrid policy of at least 4 days onsite.
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.
Key Responsibilities

• Act as the subject matter expert fixed income, with deep knowledge of market data, investor needs, and competitive dynamics.
• Leverage expertise in investment research and the broader investment ecosystem to design indexes that create both investor value and commercial impact.
• Collaborate with data providers, business partners, and internal technology and operations teams to identify opportunities, drive innovation, and ensure smooth go-to-market execution.
• Produce thought leadership content-including whitepapers, blogs, and market insights-that positions Morningstar as a leader in this space.
• Represent Morningstar at industry events, panels, webinars, and client meetings to drive awareness and adoption.
• Track competitor offerings, market structure changes, and investor demand to shape product roadmap decisions.
• Evaluate new opportunities by analyzing risks, strengths, weaknesses, and market potential to inform strategy.
• Support index governance processes through methodology reviews, documentation, and compliance with best practices.

Qualifications

• Deep knowledge of fixed income, the investment management ecosystem, including investment vehicles, regulations, and index design best practices.
• Strong background in investment research and proven ability to translate research into actionable applications.
• Excellent communication and presentation skills, with experience engaging diverse audiences.
• Strong commercial acumen and ability to connect innovation to revenue opportunities.
• Demonstrated success collaborating across disciplines such as research, product development, technology, and sales.
• Motivated, investor-oriented self-starter with strong analytical and problem-solving skills.
• Ability to thrive in dynamic, ambiguous environments while driving breakthrough solutions.
• Minimum of 15 years of experience in product strategy, investment research, investment management, or related fields.
• Bachelor's degree required; MBA and/or CFA strongly preferred.

Application
Please submit a resume and cover letter with your application.
Morningstar is an equal opportunity employer.
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

Total Cash Compensation Range
$161,050.00 - 289,875.00 USD Annual
Inclusive of annual base salary and target incentive
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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