Portfolio Engineer

Sophisticated Work. In a Great City. Making a Difference.

The State of Wisconsin Investment Board (SWIB) manages more than $162 billion in assets, including those of the fully-funded Wisconsin Retirement System (WRS). SWIB operates at a level more often seen in top-tier global asset managers than in typical public pension funds. SWIB is a home for top talent. Approximately 61 percent of SWIB’s investment professionals are Chartered Financial Analyst (CFA) charterholders.

The City of Madison, the state capitol and home of Wisconsin’s flagship university, makes regular appearances on lists of best places to live, eat, and play. SWIB offers a modern workspace, hybrid work options, and competitive compensation and benefits.

Serving over 692,000 WRS beneficiaries, SWIB is driven by a clear mission: securing the financial future of those who serve Wisconsin. When you work at SWIB, you know your work matters.

Job Description:

Position Overview

The Portfolio Engineer in the Liquidity Management and Beta Implementation (LMBI) division will play a key role in building and maintaining the infrastructure that supports SWIB’s financing and investment activities. Reporting to the Head of LMBI, this role serves as a liaison between LMBI and SWIB’s technology teams to define, prioritize, and integrate the division’s data within SWIB’s broader technology architecture.

The Portfolio Engineer will be a primary contributor to system requirements, development of new functionality, and enhancement of existing tools. The role is responsible for producing and maintaining analytics and reporting that support investment analysis, risk management, value generation, and firmwide reporting. The ideal candidate combines strong investment knowledge with technical expertise and collaborates effectively across the organization to deliver scalable data, analytics, and reporting solutions.

Essential Activities

Division Technology Strategy & Development

• Develop and document high-quality production code to support portfolio management processes and reporting.
• Support implementation and ongoing management of investment strategies across asset classes.
• Enhance investment reporting related to performance, exposure, and risk.
• Collaborate with investment, risk, operations, and technology teams to optimize investment systems and infrastructure.
• Lead and champion strong data management practices within the division.
• Partner with SWIB technology and data teams to ensure alignment between divisional needs and enterprise architecture.

Division Reporting & Analysis

• Build and maintain reports and analytics to support investment and operational teams.
• Enhance division-wide and asset-class reporting for performance, attribution, exposure, and risk.
• Integrate data from multiple sources with varying granularity and frequency.
• Support standardized firmwide reporting and performance attribution analysis.
• Complete ad hoc analytical projects as assigned.

Ideal Candidate Qualifications

• Advanced degree in finance, quantitative finance, or a related field.
• Minimum of 3 years of post-degree experience (internships included).
• Strong understanding of asset allocation, performance attribution, and risk measurement.
• Proficiency in Python/Pandas (required); experience with Matlab, R, SQL, VBA, or C++ preferred.
• Experience with reporting tools such as Snowflake, PowerBI, and/or Tableau.
• Knowledge of quantitative portfolio concepts and industry-standard performance and benchmarking practices.
• CFA, FRM, or progress toward a relevant professional designation preferred.
• Strong analytical, quantitative, and data management skills.
• Excellent communication, collaboration, and stakeholder engagement abilities.
• Adaptable, detail-oriented, and able to thrive in a fast-paced environment with a strong commitment to excellence.

• 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