State of Wisconsin Investment Board
Financing & Collateral Management Analyst
State of Wisconsin Investment Board, Madison, Wisconsin, us, 53774
Our Agency
Making a DifferenceThe State of Wisconsin Investment Board (SWIB), founded in 1951, is a premier global investment organization responsible for managing the more than $156 billion of assets of the fully funded Wisconsin Retirement System (WRS), the State Investment Fund and other state funds. Through SWIB's effective and innovative investment management, WRS remains one of the only fully funded US public pensions. We are the 9th largest public pension fund in the U.S. and the 25th largest public or private pension fund in the world. SWIB is recognized by the investment industry for our teamwork and innovation. SWIB pursues sophisticated global investment strategies across the asset and risk allocation spectrum. Providers across the investment ecosystem seek to partner with SWIB.
Serving more than 677,000 beneficiaries of the WRS, SWIB is a mission-driven organization focused on providing a strong financial future to those who committed their careers to public service. For public employees and the 1,500 Wisconsin employers who contribute on their behalf, we are a trusted partner. Our team innovates continuously to meet the challenges of an evolving investment landscape while growing and protecting the assets of the WRS.
SWIB provides a strong, steady economic pillar for the state of Wisconsin by growing the trust funds under its management, managing risk, and optimizing costs of the long term. 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 required returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.
Home To Top Talent
Our high-performing staff is key to what makes us a premier investment manager. SWIB is committed to investing in talented professionals to implement our robust, sophisticated investment strategies and to keep the organization at the forefront of the investment industry. We encourage innovation and offer 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 TeamThe Asset & Risk Allocation (ARA) division is responsible for the overall investment structure of the Core and Variable Trust Funds. ARA recommends and implements the asset allocation for the policy portfolio, and recommends and implements the active risk budget. ARA also drives and supports the exposure management process for making investments at the "top of the house," including macro-driven asset class, market and currency positioning and the up-scaling of select bottom-up investment opportunities.
The ARA division is currently composed of 26 team members with an average of 15 years' relevant experience. This role offers a unique opportunity to learn and contribute to all facets of the asset allocation investment process, with a focus on quantitative evaluation of investment risks, opportunities and factor premium analysis.
Essential activities:
SWIB's collateral management activities are currently decentralized. The Financing and Collateral Management Analyst will participate in building a centralized portfolio-finance and collateral-management function at the Fund level, including optimizing collateral use across the agency, delivering efficient financing solutions, allocating and tracking collateral use centrally, and centralizing liquidity management. In addition to this vital activity this person will also be responsible for:
Active monitoring of securities borrowing, securities lending, and repo finance relationships and activities to ensure that SWIB is receiving optimized rates.Daily instructions to move positions to optimize lending and borrowing.Monitoring of lending and borrowing relationships for counterparty risk and collateral sufficiencyCollateral sufficiency oversightReporting and transparency within ARA and the rest of SWIBThe ideal candidate:
5 years of experience with any of the following: Repo, Stock borrow/loan, Prime Brokerage, or SwapsExperience with XLS, SQL, Power BIComfort in building processes as the role expands.Strong work ethic and attention to detailHigh service orientation with a collaborative, cooperative attitudeThe ability to innovate, multi-task, and work both independently and as part of a teamExceptional logical reasoning and analytical skillsSWIB Offers:
Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarksComprehensive benefits packageEducational and training opportunitiesTuition reimbursementChallenging work in a professional environmentHybrid work environment
The position requires U.S. work authorization.
Pursuant to our Hybrid Remote Work Policy, all staff have the flexibility to work remotely but are required to have a weekly presence in our offices, the frequency of which is dependent on their distance from office. Staff are not required to reside locally; however, we offer relocation reimbursement to the Dane County area per our policy.
All SWIB employees are subject to SWIB's Ethics Policy and Personal Trade Approvals Policy. These policies include restrictions on outside business activities and employment and have limits on personal trading. You may request copies of these policies from SWIB's talent acquisition team and any questions can be answered by SWIB's compliance team.
Making a DifferenceThe State of Wisconsin Investment Board (SWIB), founded in 1951, is a premier global investment organization responsible for managing the more than $156 billion of assets of the fully funded Wisconsin Retirement System (WRS), the State Investment Fund and other state funds. Through SWIB's effective and innovative investment management, WRS remains one of the only fully funded US public pensions. We are the 9th largest public pension fund in the U.S. and the 25th largest public or private pension fund in the world. SWIB is recognized by the investment industry for our teamwork and innovation. SWIB pursues sophisticated global investment strategies across the asset and risk allocation spectrum. Providers across the investment ecosystem seek to partner with SWIB.
Serving more than 677,000 beneficiaries of the WRS, SWIB is a mission-driven organization focused on providing a strong financial future to those who committed their careers to public service. For public employees and the 1,500 Wisconsin employers who contribute on their behalf, we are a trusted partner. Our team innovates continuously to meet the challenges of an evolving investment landscape while growing and protecting the assets of the WRS.
SWIB provides a strong, steady economic pillar for the state of Wisconsin by growing the trust funds under its management, managing risk, and optimizing costs of the long term. 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 required returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.
Home To Top Talent
Our high-performing staff is key to what makes us a premier investment manager. SWIB is committed to investing in talented professionals to implement our robust, sophisticated investment strategies and to keep the organization at the forefront of the investment industry. We encourage innovation and offer 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 TeamThe Asset & Risk Allocation (ARA) division is responsible for the overall investment structure of the Core and Variable Trust Funds. ARA recommends and implements the asset allocation for the policy portfolio, and recommends and implements the active risk budget. ARA also drives and supports the exposure management process for making investments at the "top of the house," including macro-driven asset class, market and currency positioning and the up-scaling of select bottom-up investment opportunities.
The ARA division is currently composed of 26 team members with an average of 15 years' relevant experience. This role offers a unique opportunity to learn and contribute to all facets of the asset allocation investment process, with a focus on quantitative evaluation of investment risks, opportunities and factor premium analysis.
Essential activities:
SWIB's collateral management activities are currently decentralized. The Financing and Collateral Management Analyst will participate in building a centralized portfolio-finance and collateral-management function at the Fund level, including optimizing collateral use across the agency, delivering efficient financing solutions, allocating and tracking collateral use centrally, and centralizing liquidity management. In addition to this vital activity this person will also be responsible for:
Active monitoring of securities borrowing, securities lending, and repo finance relationships and activities to ensure that SWIB is receiving optimized rates.Daily instructions to move positions to optimize lending and borrowing.Monitoring of lending and borrowing relationships for counterparty risk and collateral sufficiencyCollateral sufficiency oversightReporting and transparency within ARA and the rest of SWIBThe ideal candidate:
5 years of experience with any of the following: Repo, Stock borrow/loan, Prime Brokerage, or SwapsExperience with XLS, SQL, Power BIComfort in building processes as the role expands.Strong work ethic and attention to detailHigh service orientation with a collaborative, cooperative attitudeThe ability to innovate, multi-task, and work both independently and as part of a teamExceptional logical reasoning and analytical skillsSWIB Offers:
Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarksComprehensive benefits packageEducational and training opportunitiesTuition reimbursementChallenging work in a professional environmentHybrid work environment
The position requires U.S. work authorization.
Pursuant to our Hybrid Remote Work Policy, all staff have the flexibility to work remotely but are required to have a weekly presence in our offices, the frequency of which is dependent on their distance from office. Staff are not required to reside locally; however, we offer relocation reimbursement to the Dane County area per our policy.
All SWIB employees are subject to SWIB's Ethics Policy and Personal Trade Approvals Policy. These policies include restrictions on outside business activities and employment and have limits on personal trading. You may request copies of these policies from SWIB's talent acquisition team and any questions can be answered by SWIB's compliance team.