Olympia, Washington, United States (Hybrid) · Posted 18 hours ago
$84k–$219k / yr
Industry Government or Regulator
Job Function Investment Analyst
Job Type Full Time
Job Duration Indefinite
Salary $84,000.00 - $219,000.00
Salary - Type Yearly Salary

About this role

The Washington State Investment Board (WSIB) is a dedicated global investment management organization with over $244 billion in assets under management. The WSIB's globally diversified portfolios are comprised of more than 17,000 holdings across 91 countries on 6 continents and in 50 currencies. The WSIB's central mandate is to maximize return at a prudent level of risk. The WSIB manages investments for 18 retirement plans for public employees, teachers, school employees, law enforcement officers, firefighters, and judges. We also manage investments for several other important public funds that benefit Washington’s industrial insurance program, colleges and universities, and developmental disability programs. The WSIB’s excellent investment performance dramatically contributes to the state’s bottom line.  


To learn more about our organization and the work we do, please visit our website at sib.wa.gov and follow us on LinkedIn.  


The WSIB operates in a hybrid work environment, and this position should anticipate 60% of their time in the office. 


This recruitment will remain open until filled, and it is in the candidate’s best interest to apply early. 


The WSIB is seeking a qualified candidate to join our Fixed Income team as an Assistant Investment Officer or Investment Officer to assist in the prudent management of the fixed income portfolio in a manner consistent with statutes, regulations, Board policies, and the highest standard of professional conduct, for the exclusive benefit of fund beneficiaries.


We are looking for a curious, motivated, and technically proficient professional who brings a combination of analytical expertise, market awareness, and commitment to excellence. The ideal candidate will have a background in business, finance, computer science, or related technical discipline, with strong proficiency in Excel and experience with programming languages and data tools such as SQL and Python. Familiarity with Bloomberg, financial markets, database management, risk reporting, and ad hoc analysis is highly desirable. A Chartered Financial Analyst (CFA) designation or progress towards is preferred but not required.


We value a creative thinker and collaborative problem-solver who demonstrates initiative, tenacity, adaptability, and a genuine desire to learn and grow. The successful candidate will be a self-starter who thrives in a structured public-sector environment, embraces opportunities to develop new skills, approaches challenges with curiosity, and contributes to a culture grounded in kindness, collaboration, accountability, and high achievement. 

 
Duties

IF SELECTED FOR THIS OPPORTUNITY, YOU WILL:

  • Assists in the management of the Fixed Income unit’s analytics and performance reporting primarily through the management of internal portfolio databases, portfolio analytic tools and team-wide technology innovation. 
  • Ensures analytics’ database accurately reflects the portfolio assets and corresponding risks.
  • Maintains records of portfolio transactions, asset holdings and liquidity management.
  • Maintains reports on country and industry concentration, interest rate, liquidity and credit risks.
  • Prepares and analyzes performance reporting from the custodian bank for accuracy.
  • Prepares data for reports or presentations for the WSIB Board, staff, and the Department of Labor and Industries.
  • Verifies the accuracy of the data within the presentations for the Board of Directors and Labor and Industries.
  • Maintains congruency between custodial databases, external consultant data, and internal portfolio analytics.
  • Collaborates with WSIB Investment Data, Portfolio Administration and the custodian’s accounting and performance staff to resolve issues.
  • Assists with oversight of investment policy compliance.
  • Provides performance attribution relevant to the portfolio manager decision-making.
  • Provides meaningful and timely ad hoc analysis for the portfolio manager.
  • Spearhead technological advancement of portfolio analytical solutions.

Key Requirements

  • Qualifications
  • COMPETITIVE APPLICANTS WILL HAVE:
  • Bachelor’s degree in finance, economics, accounting, business administration or computer/data science, OR a related field. Minimum two years of fixed income investment experience in any of the following categories: portfolio analytics and performance attribution, credit evaluation, portfolio management, economic analysis, and related finance experience. Experience may not include managing your personal portfolio.
Job ID: 86919892

About the company

Washington State Investment Board
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