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Product Manager, Credit

Morningstar
Full-time
On-site
Chicago, Illinois, United States
$92,525 - $157,275 USD yearly

The Group
Morningstar DBRS is a global credit ratings business with more than 750 employees in eight offices globally. Formed through the acquisition of DBRS by Morningstar, Inc., the credit ratings business is the fourth-largest provider of credit ratings in the world. Morningstar DBRS is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. Morningstar DBRS is a market leader in Canada, the U.S. and Europe in multiple asset classes. Morningstar DBRS rates more than 4,000 issuers and 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. Visit https://dbrs.morningstar.com/about to learn more.

The RoleΒ 

As Product Manager within the Credit Organization, you will be working closely with various stakeholders to support the externalization of models and tools used by internal teams. You will also be working with other product team members to support our external products portfolio.Β 

Responsibilities:Β 

  • Work with key stakeholders and own the development of APIs that will help to externalize internal models and tools.Β 
  • Understand the underlying credit/financial models and tools.Β 
  • Collaborate with product and technology team members to support the DBRS website and other external products.Β 
  • Communicate requirements and technical details to stakeholders, including engineering teams.Β 

Requirements:Β 

  • Bachelor’s computer science/engineering or equivalent. Master’s degree or MBA a plus.Β 
  • Ideally 6+ years of experience in product management, technology, fintech or related fields.Β 
  • Solid understanding of APIs.Β 
  • Experience managing websites.Β 
  • Exceptional interpersonal skills.Β 
  • Demonstrate strong user empathy.Β 
  • Strong sense of ownership.Β Β 
  • Able to understand use cases, user needs, motivations and business goals.Β 
  • Driven by logic and have well-informed opinions on different approaches.Β 
  • Demonstrate objectivity – able to choose and decide based on what is best for the users

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 HealthΒ 
    • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plansΒ and coverages
    • Additional medical Wellness Incentives - up to $300-$600 annual
    • Company-provided long- and short-term disabilityΒ insurance
  • Emotional HealthΒ 
    • 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 MentorshipΒ Opportunities
    • Annual Education Stipend
    • Tuition Reimbursement
  • Social HealthΒ 
    • Charitable Matching Gifts program
    • Dollars for Doers volunteer program
    • Paid volunteering days
    • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$92,525.00 - 157,275.00 USD Annual

Inclusive of annual base salary and target incentive

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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