Regional Counsel

This job is with Morningstar, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

The Group :

The Legal and Compliance team consists of lawyers, compliance specialists and other professionals across the globe who bring to the team various kinds of expertise. On the legal side, we have commercial, regulatory, M&A, regulatory compliance, corporate governance, privacy and employment expertise in-house as well as broad-based international legal experience to support the company's 12,000+ employees working in wholly owned subsidiaries in 32 countries. The Compliance team has expertise in overseeing the compliance processes and practices of regulated credit ratings, investment management, investment research and benchmark administration businesses. The Legal Department coordinates and oversees Morningstar's use of external counsel around the world.

The Role :

Morningstar, Inc., a leading global provider of independent investment research, is looking for a specialist in the Global Regulatory Strategy and Advisory Team, Legal. The role will be a legal resource on identifying regulatory issues that may affect Morningstar's North American operations and advising on how to proactively address them, including, in connection with new business line developments. This position directly reports to Senior Regional Counsel, North America, who reports to Global Head of Regulatory Strategy and Advisory, Legal.

Responsibilities :

While not meant to be a comprehensive list of functions, principal day-to-day responsibilities of this role in North America include :

Advising the business on regulatory strategy and risk, including with respect to regulatory matters associated with strategic initiatives and new business line development.

Advising Compliance on the management of Morningstar's regulatory compliance responsibilities and consulting with external parties, as appropriate.

Serving as one of Morningstar's contacts and negotiators with regulatory bodies.

Advising on strategy for defending and settling any regulatory action or other related matters involving any of Morningstar's regulated businesses.

Assisting with formal examinations or investigations by a regulator, regulatory registrations, and written submissions in response to consultations from regulators, as necessary.

Advising the Compliance Team in internal investigations, and development and implementation of policies, guidelines and other documents pertaining to regulatory requirements applicable to Morningstar's regulated businesses, as necessary.

Staying current on regulations and other changes in regulatory requirements that could impact Morningstar's businesses.

Qualifications :

Law degree and qualified to practice in New York or Illinois, or other relevant US State

At least 6 years of financial services or securities law experience in a North American jurisdiction

Structured finance transactional experience, credit rating experience, or other financial services compliance / regulatory experience required

Experience in dealing with regulators is an advantage

Investment advisor and asset management regulatory experience is beneficial

Must be admitted to practice law or eligible for admission to practice as in-house counsel in the jurisdiction where located

The ability to influence

Integrity and a high degree of professional ethics

Excellent judgement and analytical skills

Strong interpersonal and communication skills, including excellent, clear drafting

Ability to work efficiently and independently, prioritize workflow, and meet deadlines.

Total Cash Compensation Range

$143,250.00 - 257,850.00 USD Annual

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 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

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.