Director of Financing and Collateral Management
“Contributions are valued by depth of analysis and expertise, not rank. SWIB values winning the race for performance, mastering what others consider hard and a lifelong commitment to learning." – Executive Director/CIO David Villa
OUR AGENCY
Making a Difference
SWIB is a trusted and skilled global investment organization managing the assets of the Wisconsin Retirement System (WRS) and other separately managed funds. With more than $110 billion in total assets under management, SWIB is one of the world’s largest institutional investors. 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 632,000 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, the 8th largest public pension fund in the U.S. and 25th largest public or private pension fund in the world.
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 PERFORMERS
Home to Top Talent
SWIB has long been recognized as an investment leader because of its success in maintaining the WRS and for the highly-qualified staff overseeing the retirement trust funds. SWIB’s internal team invests a majority of its assets under management. This means SWIB is committed to investing in professionals that will keep the organization at the forefront of the investment industry. As an innovative organization, SWIB offers professional development opportunities that enable staff to grow and develop. Approximately 50 percent of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.
About the Team
The Multi-Asset division was launched in 2015 and oversees two active multi-asset portfolios as well as SWIB’s internal passive equities portfolios. The Financing and Collateral Team will be a new team within the Multi-Asset Division responsible for managing financing and collateral activities for SWIB.
Mission Driven
To be a trusted an d skilled global investment organization contributing to strong financial futures for the beneficiaries of the funds entrusted to us.
Essential activities:
SWIB’s collateral management activities are currently decentralized. Director of Financing and Collateral Management will participate in building a centralized portfolio-finance and collateral-management function at the Fund level, including optimizing collateral use across the agency, delivering efficient financing solutions, allocating and tracking collateral use centrally, and centralizing liquidity management. In addition to this vital activity this person will also be reponsible for:
• Actively monitoring securities borrowing, securities lending, and repo finance relationships and activities to ensure that SWIB is receiving optimized rates.
• Developing liquidity-management and cash-forecasting frameworks for SWIB’s internally-managed portfolios.
• Cultivating and establishing traditional and peer-to-peer financing and collateral sources.
• Supporting and expanding agency lending relationships.
• Monitoring counterparty exposure and reporting.
• Providing substantial scalability and efficiency to the overall portfolio construction and management process.
The ideal candidate:
• Advanced degree in finance, quantitative finance, or another related field. • At least 7 years of experience in managing collateral activities in a sophisticated, multi-asset framework.
• CFA or other appropriate professional investment designation or progress towards appropriate designation.
• Experience in building out new functions, capabilities, or frameworks. • Experience in securities lending/borrowing and repo.
• Strong work ethic and attention to detail.
• High service orientation with a collaborative, cooperative attitude.
• Strong strategic planning and leadership skills.
• The ability to innovate, multi-task, and work both independently as well as part of a team. • Exceptional logical reasoning and analytical skills.
SWIB Offers:
• Competitive McLagan-base salary
• Meaningful performance-based incentive compensation
• A comprehensive benefit package
• Educational and training opportunities
• Tuition reimbursement
• Challenging work in a professional environment
The position requires U.S. work authorization and residency in, or willingness to relocate to the Madison, Wisconsin area. SWIB is prepared to offer relocation assistance as needed.
Mission Driven
To be a trusted an d skilled global investment organization contributing to strong financial futures for the beneficiaries of the funds entrusted to us.
