Investment Operations Analyst

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.

• 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

• 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 Sim Corp 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

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.