Investment Operations Analyst

State of Wisconsin Investment Board • Madison, WI

1d • Hybrid

About The Position

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. This role involves monitoring cash forecasting, instructing cashflows, supporting monthly rebalances and asset transition activity, facilitating account onboarding and maintenance, and operationally supporting the agency’s Securities Finance program. The analyst will track borrows and loans, manage High Quality Liquid Assets (HQLA), provide daily operational support for derivatives including margin calculations, and support new investment instruments and projects. The role also includes developing procedures, maintaining relationships with custodians and prime brokers, and identifying process improvements.

Requirements

• Bachelor’s Degree in business, finance, economics, accounting, or equivalent experience
• 2+ years of experience in investment operations or related industry
• 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
• U.S. work authorization

Nice To Haves

• 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

Responsibilities

• 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

Benefits

• Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks
• Comprehensive benefits package
• Educational and training opportunities
• Tuition reimbursement
• Hybrid work environment
• Relocation reimbursement to the Dane County area

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level