Senior Vice President, Business Development

1 Year ago • 10 Years + • Business Development • $167,100 PA - $300,800 PA

Job Summary

Job Description

Morningstar's Business Development & Sales group seeks a highly motivated Senior Vice President, Business Development to aggressively grow client and prospect accounts within the Advisor and Asset Management segments. This role involves representing Morningstar's data, research, and software capabilities, working with specialists on market data, investment management, and buy-side solutions. The position requires approximately 25-50% travel and is based in either Chicago or New York. Responsibilities include exceeding revenue targets, uncovering client needs, mastering product demonstrations, forecasting sales opportunities, establishing key client relationships, implementing account strategies with internal and external teams, and documenting activities in the CRM system. A bachelor's degree is required, with an MBA or CFA being a plus.
Must have:
  • 10+ years of sales/account management in finance/investment industry
  • Proven track record of exceeding sales targets
  • Prior experience in a hunter role
  • Ability to build long-term client relationships
  • Strong leadership and strategic planning skills
  • Excellent communication and presentation abilities
  • Ability to understand complex investment concepts
Good to have:
  • MBA or CFA
Perks:
  • 75% 401k match up to 7%
  • Stock Ownership Potential
  • Company provided life insurance
  • Comprehensive health benefits (medical/dental/vision)
  • Potential premium discounts
  • Company-provided HSA contributions
  • Additional medical wellness incentives
  • Company-provided long- and short-term disability insurance
  • 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
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

Job Details

The Group: Morningstar’s Business Development & Sales group is responsible for helping our advisor and institutional clients build their businesses and provide better outcomes for investors. The group is structured primarily along the following client segments: Advisor, Asset Management, Retirement, Redistributor, and Commodities & Energy.


The Role: Morningstar U.S. Business Development Team seeks a highly motivated Senior Vice President, Business Development focused on aggressively growing a book of assigned clients and prospects within the Advisor and Asset Management segments. You will represent Morningstar’s suite of capabilities including Data, Research, Software and will work with Specialists Sales on opportunities for Market Data, Investment Management, Buy-Side solutions, Audience Sales, etc. Because this role covers opportunities across the U.S., it will require approximately 25-50% travel. This position will be based in either our Chicago or New York office.


Responsibilities

  • Exceed revenue targets.
  • Uncover client business needs and work with Client Solutions and Products teams to determine optimal solution.
  • Master product demonstrations and knowledge of product capabilities and benefits.
  • Forecast and proactively uncover sales opportunities with clients and prospects.
  • Establish and build key client relationships.
  • Implement account strategies by building relationships with internal and external groups, including product, marketing, customer success, and cross-Morningstar teams.
  • Document daily activities in CRM system.


Experience, Skills, & Qualifications:

  • Candidates should have at least ten (10) years of sales and account management experience in the finance and investment industry.
  • Proven track record of exceeding prior annual sales targets.
  • Prior experience in a hunter role.
  • Ability to build long-term client relationships with executive and senior leadership within an assigned book of business through a hands-on, organized approach.
  • Strong leadership, long-range strategic planning, and time-management skills
  • 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.


Morningstar is an equal opportunity employer.

Total Cash Compensation: $167,100 - $300,800 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
    • 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

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.

001_MstarInc Morningstar Inc. Legal Entity

Similar Jobs

Internet Brands - Senior Online Marketing Manager

Internet Brands

El Segundo, California, United States (On-Site)
2 Months ago
Clearwater Analytics - Team Lead - Data

Clearwater Analytics

Noida, Uttar Pradesh, India (On-Site)
2 Months ago
Riot Games - Brand Manager, VALORANT (Contractor)

Riot Games

Shanghai, Shanghai, China (On-Site)
3 Months ago
Salesforce - RVP - Portfolio Leader

Salesforce

Dublin, County Dublin, Ireland (Hybrid)
4 Weeks ago
zeta - UX Designer II

zeta

Bengaluru, Karnataka, India (On-Site)
6 Months ago
Penrose studios - Business Development Manager

Penrose studios

San Francisco, California, United States (On-Site)
5 Years ago
Saronic Technologies - Business Development Manager, Marine Corps Programs

Saronic Technologies

Washington, District Of Columbia, United States (On-Site)
2 Weeks ago
The Globel Talent Co - Partnership Channel - Business Development Associate

The Globel Talent Co

South Africa (Remote)
4 Months ago
USE Insider - Business Development Specialist

USE Insider

Istanbul, İstanbul, Türkiye (On-Site)
1 Month ago
PayPal - Director, Business Operations

PayPal

San Jose, California, United States (Hybrid)
3 Weeks ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Trailer park group - Lead AV Generalist

Trailer park group

Mumbai, Maharashtra, India (Remote)
3 Months ago
GameChanger - Senior Full Stack iOS Software Engineer, Computer Vision

GameChanger

United States (Remote)
4 Months ago
TAG - Account Manager - Print

TAG

Salt Lake City, Utah, United States (Hybrid)
3 Months ago
Epic Games - Senior GL Accountant

Epic Games

Bratislava, Bratislava Region, Slovakia (On-Site)
4 Months ago
luxsoft - Junior Application Programmer

luxsoft

Singapore (On-Site)
1 Month ago
Ubisoft - Senior Producer [Tom Clancy's The Division 3]

Ubisoft

Malmö, Skåne County, Sweden (On-Site)
3 Months ago
Penumbrainc - Inventory Control Coordinator

Penumbrainc

Roseville, California, United States (On-Site)
7 Months ago
Boomi  - Software Principal Engineer (FullStack)

Boomi

Pune, Maharashtra, India (On-Site)
1 Month ago
deel. - HR Experience Operations Manager

deel.

Germany (Remote)
2 Weeks ago
NinjaVan - Field Sales Executive

NinjaVan

Tasikmalaya, West Java, Indonesia (Hybrid)
4 Months ago

Get notifed when new similar jobs are uploaded

Jobs in Chicago, Illinois, United States

Reddit - Machine Learning Engineer, Search (multiple levels)

Reddit

United States (Remote)
2 Months ago
Google - Software Engineer, Data Integrity

Google

New York, United States (On-Site)
3 Weeks ago
Glean - Enterprise Account Executive

Glean

Boston, Massachusetts, United States (Remote)
2 Months ago
OKX - Head of Monitoring & Testing

OKX

San Jose, California, United States (Hybrid)
2 Months ago
illumio - Senior Member of Technical Staff

illumio

Sunnyvale, California, United States (On-Site)
1 Month ago
Blooming Health - Vice President of Engineering

Blooming Health

New York, United States (Hybrid)
3 Weeks ago
Sandbox VR - Retail Associate

Sandbox VR

Chicago, Illinois, United States (On-Site)
2 Years ago
Celestial AI - Silicon Packaging Layout Engineer

Celestial AI

Santa Clara, California, United States (On-Site)
3 Weeks ago
Hudl - Senior Quality Assurance Manager

Hudl

Chicago, Illinois, United States (Remote)
1 Month ago
CyberArk - Director, Sales Development

CyberArk

United States (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

Business Development Jobs

StudioB - New Business Development Executive

StudioB

London, England, United Kingdom (On-Site)
3 Months ago
Roblox - APAC Sales Manager, Business Development (Global Prepaid)

Roblox

Tokyo, Japan (On-Site)
3 Weeks ago
Autodesk - Senior Business Development Representative, New Business

Autodesk

Denver, Colorado, United States (Hybrid)
3 Weeks ago
Blackbird Interactive - Business Development Production Coordinator

Blackbird Interactive

Vancouver, British Columbia, Canada (Hybrid)
1 Month ago
Starkflow - International Business Development Executive

Starkflow

Maharashtra, India (On-Site)
4 Months ago
PayPal - Lead - Business Operations

PayPal

Chennai, Tamil Nadu, India (Hybrid)
3 Weeks ago
Ion - Business Analyst - Graduate Development Program

Ion

Rome, Lazio, Italy (On-Site)
10 Months ago
Apple - US Carrier Sales Business Development Lead

Apple

Cupertino, California, United States (On-Site)
2 Months ago
binance - Business Development - Global Payments (Pay/Card)

binance

Dubai, Dubai, United Arab Emirates (Remote)
3 Months ago
StudioB - New Business Development Executive (Graduate / Entry-Level)

StudioB

London, England, United Kingdom (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

About The Company

Chicago, Illinois, United States (Hybrid)

Mumbai, Maharashtra, India (On-Site)

Chicago, Illinois, United States (Remote)

Chicago, Illinois, United States (Hybrid)

Madrid, Community Of Madrid, Spain (Hybrid)

Chicago, Illinois, United States (Hybrid)

Chicago, Illinois, United States (Hybrid)

Madrid, Community Of Madrid, Spain (Hybrid)

Toronto, Ontario, Canada (Hybrid)

Toronto, Ontario, Canada (Hybrid)

View All Jobs

Get notified when new jobs are added by Morning Star

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug