Investment Operations Analyst

Sophisticated Work. In a Great City. Making a Difference.

The State of Wisconsin Investment Board (SWIB) manages more than $178 billion in assets, including those of the fully-funded Wisconsin Retirement System (WRS). SWIB operates at a level more often seen in top-tier global asset managers than in typical public pension funds. SWIB is a home for top talent. Approximately 61 percent of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.

The City of Madison, the state capitol and home of Wisconsin’s flagship university, makes regular appearances on lists of best places to live, eat, and play. SWIB offers a modern workspace, hybrid work options, and competitive compensation and benefits.

Serving over 703,000 WRS beneficiaries, SWIB is driven by a clear mission: securing the financial future of those who serve Wisconsin. When you work at SWIB, you know your work matters.

Job Description:

About the Team

The Funds and Liquidity Operations team is responsible for providing analytical and operational support and oversight of SWIB’s investments. The primary functions of the team are to support SWIB’s collateral management, asset allocation, re-balancing, leverage, liquidity, and treasury activities.

Position Overview

• Monitor cash forecasting and instruct cashflows between accounts as appropriate

• Support monthly rebalances and asset transition activity

• Facilitate account onboarding and maintenance

• Operationally support the agency’s Securities Finance program

• Track borrows and loans across all sources and move to minimize borrowing costs

• Track available High Quality Liquid Assets (HQLA)

• Provide daily operational support for exchange-traded and over-the-counter derivatives including validation of daily initial and variation margin calculations

• Serve as operational support for new investment instruments, strategic initiatives and projects

• Develop procedures and internal control documentation

• Maintain operational relationships with custodians, FCMs and Prime Brokers

• Identify operational process improvements and recommend solutions

The ideal candidate :

• Bachelor’s Degree in business, finance, economics, accounting, or equivalent experience

• Has 2+ years of experience in investment operations or related industry

• Experience in a variety of asset classes including equities, fixed income, FX, or derivatives (exchanged-traded and over-the-counter) is a plus

• Has a firm grasp of basic accounting principles

• Prefer experience with SimCorp Dimension

• Demonstrates curiosity

• Strong analytic and problem-solving skills

• Excellent verbal and written communication skills

• Ability to be adaptive and thrive in a fast-paced, changing environment

• Superb work ethic, attention to detail, team orientation, and commitment to excellence

• Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks
• Comprehensive benefits package
• Educational and training opportunities
• Tuition reimbursement
• Challenging work in a professional environment
• Hybrid work environment