Business Analyst - Public Markets Front and Middle Office
Company: State of Wisconsin Investment Board
Location: Madison
Posted on: May 26, 2023
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Job Description:
OUR AGENCYMaking a DifferenceSWIB is a trusted and skilled
global investment organization managing the assets of the Wisconsin
Retirement System (WRS) and other separately managed funds. With
over $165.6 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 652,000 individuals - and for the 1,500
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 consistently ranks among the 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 respectable
returns and maintaining the trust of the beneficiaries and
stakeholders of the funds we oversee.Join HIGHER PERFORMERSHome to
Top TalentSWIB is recognized as a premier investment manager
because of the highly qualified staff successfully managing the
assets of the WRS trust funds. SWIB is committed to investing in
talented professionals that will help implement a robust and
sophisticated investment strategy to manage over half of the trust
fund assets internally and keep the organization at the forefront
of the investment industry. As an innovative organization, SWIB
offers professional development opportunities to help staff sharpen
and expand their skills. Approximately 61 percent of SWIB's
investment professionals are Chartered Financial Analyst (CFA)
charter holders.About the TeamSWIB's Project Management Office
serves the entire organization, including investment management,
operations, technology, data management, and finance. The PMO is
responsible for oversight, planning, and ongoing management of
projects. The group works closely with key stakeholders, and
subject matter experts from across the organization. The team seeks
a Business Analyst (BA) to focus on implementation, integration,
and process improvement efforts across the Front and Middle office
spaces. Functionally, this will cover Order and Execution
Management, Portfolio Management, Compliance and Post Trade
Processing. The BA role plays a key part in driving change and is a
liaison between the investment management teams and the resources
(internal and external) necessary to deliver the requested work
efforts.Position OverviewEssential activities:Develop a deep
understanding of the end-to-end investment and operational process,
procedures, and controls.Lead and facilitate through planning and
execution prioritized work requests in partnership with the
delegates from impacted business units to ensure successful
implementation and realization of intended business benefits.Draft
business requirements at the appropriate level of detail for each
work effort, ensuring the cross-functional impacts and any required
coordination/integration effort has been identified ahead of the
solution.Work with internal and external stakeholders to gather and
validate business requirements and assist with the functional
design of solutions.Partner with various IT roles to provide input
into the technical aspects of solution design.Develop, execute, and
document user test plans and organize and oversee end-user testing
and acceptance.In partnership with technology, end users, and other
stakeholders perform functional testing of system
enhancements/changes resulting from the work effortDevelop, or
assist in the development, of end-user training materials and
coordinate / conduct user training.Escalate issues and risks
accordingly and help drive their resolution - providing input as
neededPro-active communication to project team, stakeholders,
senior management and the wider organization. Managing expectations
is key.Prepare well-structured materials and audience appropriate
messagingFoster team learning and collaboration by encouraging and
modeling open expression of diverse ideas and opinions.The ideal
candidate:At least 5 years' experience in business analyst roles at
investment management organizations with significant time spent in
a business analyst role.Substantial knowledge of the end-to-end
investment operations lifecycle across asset classes, including the
processes, workflows, and investment platforms/systems used to
support the investment business.Experience with Order/ Execution
Management and Post Trade Processing systems: e.g. SimCorp
Dimension, Charles River Development, Flex ONE, etc. would be a
significant plusExperience with other Portfolio management/ Risk
systems e.g., Blackrock Aladdin, FactSet, MSCI would also be
beneficial.Detailed exposure to various investment types, security
types and asset classes, with a solid understanding of what makes
each unique and its intended application within the investment
strategy.Ability to forge strong working relationships at all
levels of the organization.Ability to learn quickly and adapt to
new processes and approachesCommunication skills: demonstrating
ability to be clear and relevant at all levels of the
organization.Excellent analytical and problem-solving
skills.Experience with creating and driving change management
plans.Qualifications/ Certification in project management is a
plusSuperb work ethic, attention to detail, collaborative approach,
and commitment to excellence.SWIB Offers:Competitive McLagan-based
total cash compensationA comprehensive benefit packageEducational
and training opportunitiesTuition reimbursementChallenging work in
a professional environmentThe 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.
Keywords: State of Wisconsin Investment Board, Madison , Business Analyst - Public Markets Front and Middle Office, Professions , Madison, Wisconsin
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