State of Wisconsin Investment Board Hiring for Portfolio Trading Analyst at Madison, WI Full Time

OUR AGENCY

Making a Difference

SWIB is a trusted and skilled global investment organization managing the assets of the Wisconsin Retirement System (WRS) and other separately managed funds. With over $140 billion in total assets under management, SWIB has been recognized by the investment industry for its teamwork and innovation that helps make it a premier asset manager. Sophisticated investment management strategies, forward-looking technologies, and strong internal asset management make SWIB a leading investment organization.

For public employees in Wisconsin, SWIB is a unique and valuable partner. Investing for the financial security of more than 652,000 individuals – and for the 1,500 Wisconsin employers who contribute on behalf of their employees – SWIB’s strong management of the WRS has helped fuel one of only a few fully funded public pension funds in the country. SWIB’s long-term investment returns meet the challenges of a constantly evolving investment landscape while helping grow and protect the assets of the WRS, the 8th largest public pension fund in the U.S. and the 25th largest public or private pension fund in the world.

We are a mission-driven organization and the participants we serve are our mission. By bringing a disciplined, prudent, and innovative approach to market opportunities, SWIB has been successful in generating respectable returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.

Join HIGHER PERFORMERS

Home to Top Talent

SWIB is recognized as a premier investment manager because of the highly qualified staff successfully managing the assets of the WRS trust funds. SWIB is committed to investing in talented professionals that will help implement a robust and sophisticated investment strategy to manage over half of the trust fund assets internally and keep the organization at the forefront of the investment industry. As an innovative organization, SWIB offers professional development opportunities to help staff sharpen and expand their skills. Approximately 61 percent of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.

About the Team

The Portfolio Management Support Team at SWIB supports the investment and trading teams from the genesis of an investment idea through the execution of that idea. This requires extensive skill and understanding of investment strategies, portfolio construction, and how to utilize asset management and order management systems to effectuate the investment lifecycle. The support provided helps SWIB maintain an edge in the ever-competitive world of capital markets, which ultimately leads to successfully managing the funds on behalf of the beneficiaries and other stakeholders.

The Portfolio Trading Analyst is responsible for supporting portfolio managers and the trading team with order generation, order management, and trade execution systems and workflows. This includes assisting portfolio managers with order entry issues, FX hedge management, future/forward position roll processes, rebalance and transition processes, and strategy/trade tagging tasks. The role is also responsible for assisting the trading team with trade blotter construction and maintenance, trade blocking and program trade issues, execution and allocation issues, and other trade execution support tasks.

Position Overview

Essential activities:
Work with Portfolio Managers and Analysts to understand their processes and workflows.

Interface with Investment Management, Operations, and Technology resources, both internal and external of SWIB, to ensure investment and trading team needs related to portfolio management and execution are continuously and proactively being met.

Research investment management techniques to help drive SWIB’s capabilities forward through maintaining a high degree of awareness of common industry-specific trends.

Provide assistance, facilitate discussions, work through issues, provide guidance, and forecast portfolio management and trade execution needs on behalf of the investment and trading teams.

Support Portfolio Manager order generation, derivative roll processes, FX order generation, etc.

Support rebalance and transition coordination, target model load, order generation, and program trade building.

Support strategy tagging, trade tagging, and other portfolio construction data and processes.

Support and maintain portfolio management and order management system UI configurations.

Monitor and proactively resolve portfolio management and execution system issues, interfacing with internal and external teams/resources as needed.

The ideal candidate:
Bachelor’s Degree required. Finance preferred.

7+ years of investment management industry experience, with a focus on the portfolio management/trading lifecycle preferred.

Experience with trading systems (SimCorp, Charles River, etc.) strongly preferred.

Knowledge of the global investment industry’s operational and functional capabilities.

Understanding of global investment industry strategies, processes, and technologies.

Ability to document and communicate procedural and/or technical knowledge effectively.

Ability to envision solutions, communicate those solutions, and help form tangible outputs from those conceptual solutions.

SWIB Offers:
Competitive McLagan-based total cash compensation

A comprehensive benefit package

Educational and training opportunities

Tuition reimbursement

Challenging work in a professional environment

The position requires U.S. work authorization and residency in, or willingness to relocate to the Madison, Wisconsin area. SWIB is prepared to offer relocation assistance as needed.