Salary: $84,000.00 - $219,000.00 Annually
Location : Thurston County - Olympia, WA
Job Type: Full Time - Permanent
Remote Employment: Flexible/Hybrid
Job Number:Department: State Investment Board
Opening Date: 11/05/2026
Closing Date: Continuous
DescriptionThe 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.
DutiesIF 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.
QualificationsCOMPETITIVE 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.
- A relevant Master's degree and/or Chartered Financial Analyst (CFA) designation may substitute for a maximum of two years of experience.
THE STRONGEST APPLICANT WILL HAVE:- SQL coding ability; familiarity with MS SQL Server Management Studio a plus.
- Proficiency in data structures, HTML, Python and/or other programming languages.
- Working knowledge of security structures held across the sectors used in the fixed income asset classes. This includes government, credit, mortgage, and structured product, such as asset-backed securities and collateralized mortgage obligations.
- Knowledge of the common Bloomberg fixed income benchmark indices.
- Strong communication skills.
- Working knowledge of fixed income products, markets, and portfolio management.
- Strong analytical skills.
- Self-starter qualities, critical thinking skills, and the ability to work collaboratively.
- Strong computer skills including proficiency in Excel, Bloomberg, PowerPoint, and Word.
If your experience or qualifications look different from what we have identified and you think you can be successful in this position, please address this in your cover letter.
Supplemental InformationIn addition to a complete profile, please include:
- A cover letter specifying why this position is of interest to you and how you meet the qualifications listed above. This letter should be no more than two pages.
- A current chronological resume.
BACKGROUND CHECK: Prior to a new hire, a background check including reference checks, education verification, credit check, and criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining applicant's suitability and competence to perform in the position.
