Data Scientist

Company:  State of Wisconsin Investment Board (SWIB)
Location: Madison
Closing Date: 07/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

The State of Wisconsin Investment Board (SWIB), founded in 1951, is a premier global investment organization responsible for managing the more than $156 billion of assets of the fully funded Wisconsin Retirement System (WRS), the State Investment Fund and other state 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 pursues sophisticated global investment strategies across the asset and risk allocation spectrum. Providers across the investment ecosystem seek to partner with SWIB.

Serving more than 677,000 beneficiaries of the WRS, SWIB is a mission-driven organization focused on providing a strong financial future to those who committed their careers to public service. For public employees and the 1,500 Wisconsin employers who contribute on their behalf, we are a trusted partner. Our team innovates continuously to meet the challenges of an evolving investment landscape while growing and protecting the assets of the WRS.

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. By bringing a disciplined, prudent, and innovative approach to market opportunities, SWIB has been successful in generating required returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.

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. We encourage innovation and offer professional development opportunities to help staff sharpen and expand their skills. Approximately 61 percent of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.

About the Team

Data Services & Engineering Teams at SWIB supports, implements & develops industry-leading systems and platforms to support SWIB’s diverse and complex set of investment portfolios and strategies. The team at SWIB strives to be a trusted advisor and partner to the business that is valued as a critical contributor to SWIB’s continued growth and success. We effectively leverage technology to derive the maximum value from it and achieve SWIB’s business goals. We keep technology aligned with SWIB’s future direction and operate SWIB’s technology according to industry standards.

Position Overview

  • Enable data-driven decision-making through innovative analytical solutions and models.
  • Convey complex data concepts to technical and non-technical stakeholders.
  • Utilize programming languages such as Python and SQL for data manipulation, analysis, and model development.
  • Act as a liaison between investment personnel and the supporting infrastructure regarding business process change management (IT, Operations, Legal, HR, Strategic Planning, etc.)
  • Implement data quality frameworks and conduct data validation ensuring accuracy of analysis.
  • Develop and deploy models, utilizing techniques such as regression, classification, and clustering.
  • Create interactive visualizations (e.g. Power BI, Streamlit) to effectively communicate data findings.
  • Deploy data solutions in cloud environments (e.g. Azure, AWS).
  • Utilize data warehousing technologies and platforms (e.g. Snowflake) to support analytics initiatives.

The ideal candidate:

  • Bachelor’s degree or advanced degree in finance, business, engineering, computer science, computational economics, math, data science or a related program.
  • 3+ years of experience with data science, data analytics, investment analysis, or similar.
  • Proactively drives data-driven decision-making through innovative analytical solutions and models.
  • Exceptional verbal and written communication skills, adept at conveying complex data concepts to technical and non-technical stakeholders.
  • Proficient in programming languages such as Python, SQL, or R for data manipulation, analysis, and model development.
  • Experience implementing data quality frameworks and conducting data validation ensuring accuracy of analysis.
  • Skilled in developing and deploying machine learning models, utilizing techniques such as regression, classification, and clustering.
  • Knowledge of cloud platforms (e.g. Azure, AWS) for data storage and processing, with experience in deploying data solutions in cloud environments.
  • Experience with data warehousing technologies and platforms (e.g. Snowflake) to support analytics initiatives.
  • Experience deploying reports utilizing automated processes Continuous Integration and Continuous Deployment techniques (CICD).
  • Experience implementing testing tools and data quality metrics/processes to ensure overall data quality of reports that are supported and developed.
  • Superb work ethic, attention to detail, team orientation, collaborative disposition, and commitment to excellence.
  • Interest or experience in investment management, quantitative finance and technology. Progress toward or completion of the CFA designation is preferred.
  • Ability to follow rigor in creating/updating documentation, maintain process (i.e. JIRA tickets) and following technology and business best practices.

SWIB Offers:

  • Competitive total cash compensation, based on AON (formerly McLagan) industry benchmarks.
  • Educational and training opportunities.
  • 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 the office. Staff are not required to reside locally; however, we offer relocation reimbursement to the Dane County area per our policy.

All SWIB employees are subject to SWIB’s Ethics Policy and Personal Trade Approvals Policy. These policies include restrictions on outside business activities and employment and have limits on personal.

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