SWIB is a trusted and skilled global investment organization managing the assets of the Wisconsin Retirement System (WRS) and other separately managed funds. With about $156 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 691,000 individuals – and for the 1,607 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, which is consistently among the top 10 largest public pension funds in the U.S.
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 reasonable returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.
Real World Experience
This is your opportunity to gain professional experience working for one of the nation’s top public pension fund investment organizations. We are looking for a dynamic, energetic intern who is eager to be a part of our dedicated team. SWIB’s intern program offers an opportunity for you to put your skills to use while at the same time to learn new skills in a professional environment. Our internship program is designed to provide meaningful work through hands-on, authentic, professional experiences.
About the Team
Our Risk Management Division will assess, evaluate, and monitor both Investment Risk, Counterparty Risk, Liquidity Risk, and Operational Risk, and establish dashboards of key risk metrics to report to Executive Director/Chief Investment Officer (ED/CIO), Investment Committee and Supervisory Board. This division will report directly to the ED/CIO. The team is responsible, through strong collaboration, for assessing, monitoring, reporting, and evaluating risks throughout the organization.
- Understand the Investment Management business and develop knowledge of the investment management portfolios/strategies, investment processes and Risk management processes.
- Investment Risk Intern will work on projects related to the investment risk management reporting and processes to ensure consistency and accuracy.
- Intern will work to develop and update procedures and controls for the investment risk function.
- Intern will work to design risk report templates and produce accurate risk reports for Investment Committee and daily investment risk.
- Intern will work on ad-hoc risk analysis projects on an ex-post and ex-ante basis.
The Ideal Candidate:
- Ability to work in Madison, WI for an approximate 10-week period beginning late May/early June 2025.
- An advanced degree in finance, computer science, math, statistics, or related field. 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 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.
- 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.
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