Head of Conflicts of Interest, Global Controls

About the role:

Morningstar is currently seeking a Head of Conflicts of Interest who will be responsible for the identification and management of conflicts of interest. This role is an integral part of the global compliance program and will be responsible for managing Morningstar’s approach in this critical function. The successful candidate will have the ability to shape the role and have a meaningful impact on the entire Morningstar organization.

This position may be based in Madrid, Amsterdam or Frankfurt, and reports to the Global Chief Compliance Officer – Global Controls.

Job responsibilities:

The Head of Conflicts of Interest will be responsible for developing strategies and managing a program dedicated to identifying and managing conflicts of interest at Morningstar. Specific responsibilities include:

1. Team Leadership:
• Overseeing a team of compliance professionals currently based in Toronto, Europe and Mumbai which administers the Morningstar conflicts management system, including policies and procedures focused on personal securities trading, gifts & entertainment, restricted securities list maintenance, outside business interests, and avoiding conflicts of interest for control investors.
• Design, Develop and implement a robust conflicts of interest program for all Morningstar entities.
• Assessing existing strategies and establishing new strategies for the enhancement of controls supporting the conflicts of interest program, including enhancements to policies and procedures, systems, and reporting.
• Evaluating various disclosures and submissions for perceived or actual conflicts of interest and recommending the appropriate course of action, in consultation with the chief compliance officers.
• Tracking and reporting violations of policies and procedures to Chief Compliance Officers, Senior Management, and/or the board of directors.
• Provide advice to the business, senior management and board on COI risk management and mitigation
• Working directly with global compliance colleagues to support their applicable regulatory obligations, including the preparation, and conduct, of regulatory examinations and inquiries
• Ensure that compliance policies and procedures are consistent and align with regulatory requirements across all jurisdictions
• Provide guidance, mentorship, and support to team members, enabling them to excel in their roles and fulfill compliance objectives effectively.

2. Risk Assessment and Mitigation:
• Liaise with the risk management function to ensure compliance related risks as part of the risk assessment process.

3. Regulatory Engagement:
• Stay informed about evolving regulatory requirements and ensure company policies and procedures comply with these changes.

4. Audits and Examinations:
• Coordinate and manage regulatory audits and examinations related to COI topics globally, collaborating with global compliance colleagues as necessary.

5. Ethical Culture Promotion:
• Promote a strong ethical culture throughout the organization, setting a positive example and encouraging ethical behavior among employees.

Qualifications:

• A minimum of 10 years of legal or compliance related experience with a regulated entity in the financial service industry.
• A minimum of 8 years of experience in a Control Room environment evaluating conflicts of interest for a globally regulated financial services company would be of advantage.
• Experience in the development, implementation and monitoring of adherence to corporate conflicts of interest policies, procedures and other guidance documents. Experience with securities trading controls would be an asset.
• Strong analytical, investigative, and problem solving skills.
• Strong critical thinking and sound judgement.
• Strong interpersonal skills, with the ability to effectively communicate and collaborate with diverse teams.
• Demonstrated ability to handle confidential issues in a professional manner.
• A bachelor’s degree is required. A legal background or a Compliance related professional certification(s) is a plus.

302_MstarEurServSL Morningstar Europe Services, S.L. Legal Entity

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least 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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