Analyst, Public Equities

4 weeks ago


Madison, United States State of Wisconsin Investment Board Full time

Our Agency Making a Difference The State of Wisconsin Investment Board (SWIB), founded in 1951, is a premier global investment organization responsible for managing more than $145 billion of assets of the Wisconsin Retirement System (WRS), the State Investment Fund, and other funds. Through SWIB’s effective and innovative investment management, WRS remains one of the only fully funded US public pensions. We are the 9th largest public pension fund in the U.S. and the 25th largest public or private pension fund in the world. SWIB is recognized by the investment industry for our teamwork and innovation. SWIB provides a strong, steady economic pillar for the state of Wisconsin by growing the trust funds under its management, managing risk, and optimizing costs of the long term. We are a mission-driven organization and the participants we serve are our mission. Home To Top Talent Our high-performing staff is key to what makes us a premier investment manager. SWIB is committed to investing in talented professionals to implement our robust, sophisticated investment strategies and to keep the organization at the forefront of the investment industry. About The Team The Public Equities division consists of 13 people that run up to $12bn in AUM for SWIB. The division currently produces two portfolios – a small cap domestic portfolio and global portfolio. The position to be filled is with the global portfolio. Position Overview The successful candidate will work closely with other equity team members, collaborating on investment ideas, industry information, impact of macro developments, etc. The successful candidate will primarily function as an equity research analyst but will also assist in managing the global equity portfolio. Essential Activities Act within guidelines to implement investment decisions in the defined asset class to deliver net positive investment performance. Make high conviction recommendations which have high active share, driven by idiosyncratic risk. Foster a strong collaborative culture within the Global Equity team and across SWIB. Analyze market conditions and understand the investment environment in order to develop informed and measured investment opinions. Select investments based on fundamental research, including business model assessment, valuation analysis, and industry assessment. Provide written and oral research reports and updates on recommendations, industries, and developments relevant to the portfolio positions. The Ideal Candidate At least two years of experience in equity research focused on smid/mid/large cap equity strategies, with a preference on range of experience between two and ten years. Proven track record of strong, risk-adjusted investment performance and evidence of delivering research and/or investment ideas that contribute to superior, risk adjusted results. Skill set including fundamental business model and financial statement analysis and ability to form and succinctly articulate investment thesis. Able to establish priorities, use independent judgment, and make reasoned investment decisions. Great teamwork, collaboration, and stakeholder management skills across the team and the wider SWIB organization. Well-developed problem-solving, decision-making, and communication skills. Bachelor’s degree required; Master’s degree and CFA strongly preferred. SWIB Offers 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. All SWIB employees are subject to SWIB’s Ethics Policy and Personal Trade Approvals Policy. You may request copies of these policies from SWIB’s talent acquisition team. #J-18808-Ljbffr



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