Sophisticated Work. In a Great City. Making a Difference.
The State of Wisconsin Investment Board (SWIB) manages more than $178 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 703,000 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:
About the Team
The Internal Audit Division at SWIB reports directly to the Board of Trustees. We are dedicated to enhancing and protecting SWIB’s value by providing risk-based independent and objective assurance, advice, and insight. Our work includes audit engagements, continuous auditing/monitoring, and consulting/special projects. Our team consists of experienced staff members who collaborate heavily, fostering a culture of continuous learning and development. We also emphasize collaboration with the business to maximize our impact.
SWIB is seeking an internal auditor that will focus on auditing investment strategies and oversight, operations, and other key areas at SWIB. This role will work cross-functionally, manage and/or assist with the completion of engagements from start to finish, and be empowered to drive meaningful change.
Essential Activities:
Perform key engagement-level audit activities, including determining audit scopes and objectives, completing engagement-level risk assessments, and developing audit programs, testing plans, and procedures.
Review policies and procedures for adequacy and identify key controls via walkthroughs or testing of business processes.
Conduct audit testing to ensure transactions, reports, and processes are complete, accurate, and effective; document results; and recommend process improvements when appropriate.
Prepare audit and other written reports to communicate audit results, conclusions, and recommendations to management.
Conduct audit work with proficiency and due professional care while maintaining independence and objectivity.
Participate in the entity-wide audit risk assessment process, development of the audit plan, and strategic initiatives.
Perform post-audit follow-up activities to determine adequacy of corrective actions taken.
Attend key meetings (e.g. Board and committees) and represent Internal Audit as required.
Cultural Fit & Soft Skills:
Passion for auditing, innovation, and building long-term partnerships.
Collaborative mindset with strong interpersonal skills.
Team player who thrives in a small, tight-knit group and is easy to work with at all levels — we value respect and a humble approach to teamwork.
Ability to think critically and make clear, thoughtful recommendations.
Values continuous learning, intellectual curiosity, and transparency.
Highly organized, with excellent project management skills and attention to detail.
Ability to be adaptive and thrive in a continuously evolving environment.
Education & Experience:
Bachelor’s or master’s degree in accounting, finance, economics, or mathematics preferred.
5 to 10 years of professional auditing experience preferred.
CPA, CFA, CIA, or CAIA designation preferred.
Experience auditing investments preferred.
Familiarity with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and the Institute of Internal Auditors (IIA) Standards a plus.
SWIB Offers:
- 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
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 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 trading. You may request copies of these policies from SWIB’s talent acquisition team and any questions can be answered by SWIB’s compliance team.
