VP, Business Development

· Remote

Location

Remote

Type

Full Time

Job Description

VP Business Development

Posted An Hour Ago
Be an Early Applicant
Chicago IL USA
Hybrid
116K-209K Annually
Mid level
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Empowering Investor Success
The Role
The VP of Business Development will grow relationships with clients in wealth and asset management drive sales and exceed revenue targets while managing a strategic book of business.
Summary Generated by Built In
The Group:
Morningstar's U.S. Strategic Account Sales team is responsible for helping our wealth management and asset management clients build their businesses and provide better outcomes for investors through our data research and software solutions.
The Role:
The Morningstar U.S. Strategic Account Sales Team seeks a highly motivated VP Business Development focused on aggressively growing a book of assigned clients and prospects within the Wealth and Asset Management segments. You will represent Morningstar's suite of capabilities including Data Research Direct & Reporting Advisor Workstation/Direct Advisory Suite Direct Web Services and work with Sales Specialists on opportunities for ESG Indexes Market Data etc. Because this role covers opportunities across the U.S. it will require approximately 25-50% travel. This position is based in our Chicago office.
Responsibilities
  • Establish and build key C-suite client relationships and act as the Morningstar ambassador within the client's enterprise.
  • Uncover client business needs and work with Pre-sales Deal Design Customer Success and Product teams to identify the optimal solution.
  • Understand key industry trends and themes and successfully align those with Morningstar solutions to help clients address their strategic initiatives.
  • Build a deep understanding of our clients' business and deliver a high level of customer centricity.
  • Uncover cross sell and upsell opportunities within assigned book of business with a hunter mindset.
  • Proactively progress forecast and close sales opportunities to exceed revenue targets.
  • Implement account strategies by building relationships with internal and external groups including product marketing customer success and cross-Morningstar teams.
  • Document daily activities in Morningstar's CRM system to build and maintain an accurate pipeline and forecast revenue targets.

What You Will Bring
  • Candidates should have at least seven years of sales and account management experience in the finance and investment industry.
  • Proven track record of exceeding prior annual sales targets.
  • Prior experience leading enterprise and strategic relationships with a focus on net new revenue growth.
  • Hands-on organized individuals who can build long-term client relationships.
  • Strong leadership long-range planning and time-management skills are essential.
  • Excellent verbal and written communication abilities and the ability to deliver professional and persuasive presentations.
  • Ability to understand complex investment concepts

Requirements • A bachelor's degree required MBA or CFA a plus.
Total Target Cash Compensation Range:
$115925.00 - $208675.00 USD Annual
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
    • 100% 401k match up to 6% of salary
    • 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-$2000 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 Leave
    • Adoption Assistance
    • Leadership Coaching & Formal Mentorship Opportunities
    • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
    • 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.
001_MstarInc Morningstar Inc. Legal Entity

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The Company
HQ: Chicago IL
11500 Employees
Year Founded: 1984

What We Do

At Morningstar we believe in building great products in-house in a highly collaborative agile environment where we focus on technical excellence the user experience and continuous improvement. Our technologists represent a range of skills and experience levels but they all view their work as a craft and push technology’s boundaries.

Why Work With Us

Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020 we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!

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Date Posted

04/16/2026

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