Description:
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 do or may affect Morningstar's North American operations and advising on how to reactively or proactively address them. This position directly reports to Senior Regional Counsel, North America, who reports to Global Head of Regulatory and Government Affairs Strategy , 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, artificial intelligence, 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 and government agencies.
- 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 5 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
- Proficiency with artificial intelligence is required
- 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
- 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.
