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Software Asset Manager

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Morningstar Credit Ratings, LLC
Full Time position
Listed on 2026-05-31
Job specializations:
  • IT/Tech
    IT Business Analyst, IT Support, IT Project Manager, Data Security
Salary/Wage Range or Industry Benchmark: 89625 USD Yearly USD 89625.00 YEAR
Job Description & How to Apply Below

About the Role

The Software Asset Manager is ultimately accountable for the management of software assets throughout their lifecycle to ensure compliance, reduce costs, and optimize usage. This role leverages the Software Asset Management product on the Service Now platform and works in partnership with product-specific software managers, procurement, and other stakeholders to refine and enhance software asset management processes, procedures, and governance.

Responsibilities

Provide input and strategic guidance on the global process and governance of software asset management; collaborate with procurement, security, and IT to develop scalable procedures and policies; set up, configure, and maintain application, entitlement, and subscription data within Service Now’s Software Asset Management Professional product; review metrics and reporting to identify opportunities for improvement and cost savings; remediate data inaccuracies to improve trustworthiness;

oversee the lifecycle of software assets from acquisition, deployment, reclamation, and retirement; support and recommend licensing option evaluations for software purchasing teams; assist in vendor contract negotiations; ensure licensing compliance and maintain documentation for audits; support audits, compliance reviews, and data reporting; provide training and guidance to IT staff on best practices and Service Now SAM usage.

Qualifications
  • 3‑6 years of experience in a software asset management role
  • Experience with the Service Now platform, ideally with the Software Asset Management product
  • Experience reviewing and interpreting software license contracts and understanding licensing terms
  • Ability to analyze data and document how the data impacts the business
  • Strong interpersonal skills to collaborate and communicate with internal stakeholders and external vendors
Compensation and Benefits

Financial Health: 100% 401(k) match up to 6% of salary, stock ownership potential, company‑provided life insurance (1× salary + commission).

Physical Health: comprehensive health benefits (medical/dental/vision) with potential premium discounts and company‑provided HSA contributions up to $2,000 annually; additional medical wellness incentives up to $600 annually; 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.

Leadership & Development:
Annual Flex Stipend ($1,000) for personal education and well‑being expenses, tuition reimbursement, charitable matching gifts program, paid volunteering days (15+).

Social Health:
Employee Resource & Affinity Groups.

Total Cash Compensation Range: $89,625.00‑ (inclusive of annual base salary and target incentive).

Work Environment

Morningstar’s hybrid work model includes four days in‑office per week. A range of other benefits are available to enhance flexibility as needs change.

EEO Statement

Mid-December 2023:
Morningstar is an E‑Verify program participant. Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment…discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.

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