Investment Risk Analyst Intern

State of Wisconsin Investment Board • Madison, WI

10d • Onsite

About The Position

The State of Wisconsin Investment Board (SWIB) is a premier global investment organization managing over $178 billion in assets for the Wisconsin Retirement System (WRS) and other state funds. SWIB is recognized for its teamwork and innovation, pursuing sophisticated global investment strategies. SWIB is a mission-driven organization focused on providing a strong financial future to public employees and serving as a trusted partner to Wisconsin employers. The organization aims to grow and protect WRS assets through a disciplined, prudent, and innovative approach, serving as a strong economic pillar for the state. SWIB invests in talented professionals, encouraging innovation and offering professional development opportunities. Approximately 61% of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.

Requirements

• Ability to work in Madison, WI for an approximate 10-week period beginning late May/early June 2027.
• An advanced degree in finance, computer science, math, statistics, or related field.
• Excellent verbal and written communication skills
• An ability to be adaptive and thrive in a fast-paced, changing environment
• Superb work ethic, attention to detail, team orientation, and commitment to excellence
• Team player - ability to work independently as well as work as part of a team.
• Flexible - ability to work in a rapidly changing environment and to tight deadlines.

Nice To Haves

• CFA/FRM/PRM will be a plus.
• Work experience related to risk analytics or investment risk management work supporting risk systems will be a plus.
• Knowledge of risk systems (including FactSet, Aladdin, Risk Manager) is desirable.
• Experience in ideally gained at the multi-asset level within a buy side investment manager.
• Experience in working with/understanding the various lifecycles of data management, extraction, loading, transformation to its applications in risk measurement and reporting.
• Working knowledge in composing SQL queries and handling large structured and financial data sets.
• Working knowledge of programming skills in Python, VBA etc. will be a plus.
• Quantitative and statistical analysis skills is a plus.

Responsibilities

• Understand the Investment Management business and develop knowledge of the investment management portfolios/strategies, investment processes and Risk management processes.
• Work on projects related to investment risk management reporting and processes to ensure consistency and accuracy.
• Develop and update procedures and controls for the investment risk function.
• Design risk report templates and produce accurate risk reports for the Investment Committee and support daily investment-risk monitoring.
• Work on ad-hoc risk analysis projects on an ex-post and ex-ante basis.

What This Job Offers

• Career Level: Intern