Specialist, Portfolio Accounting - Nuveen Global Investment Operations

The role of the Associate Portfolio Reconciliations encompasses end-to-end exception management accomplished through various systematic, written, and verbal interactions with Operational Teams, Front Office and Middle Office Teams, as well as Custodian Banks. The primary focus of the position is timely and accurate reconciliation of accounts across multiple business lines, maintenance of the overall quality and accuracy of assigned processes, and preparation of ad hoc statistical reports

Key Responsibilities and Duties

Assist with the monitoring of the Reconciliation Tool and any associated applications daily to ensure all exception are captured

Ensure cash and positions for respective Funds/Portfolios are reconciled accurately, efficiently and on a timely basis with custodians and other external parties, as well as across multiple internal systems

Upon identifying and analyzing exceptions, ensure necessary, corrective action is assigned to responsible parties, logged, and prioritized for resolution

Interface with internal and external business teams to identify root cause of exceptions and track resolution

Develop a significant level of expertise of the holdings, terms, and transactions of all Funds/Portfolios to ensure accuracy of the reconciliations process

Ensure adherence to compliance and regulatory requirements

Ensure all process and audit trail documentation is up-to-date at all times

Identify, escalate and thereby proactively manage process/delivery risks

Respond to numerous ad hoc requests from internal and external clients for additional information

Assist with the updating of the Reconciliation Tool and any associated applications to reflect changes in business processes as and when required

Perform testing for updates to Reconciliation Tool and any associated applications

Maintain and provide timely and accurate MI of process performance and risk

Assist with ad hoc duties as assigned

Educational Requirements

University (Degree) PreferredWork Experience

2+ Years Required; 3+ Years PreferredPhysical Requirements

Physical Requirements: Sedentary WorkCareer Level

6IC

Required Experience:

6+ years

Investment Banking / Asset Management Industry experience in an offshored operations environment.

Working knowledge of investment instruments, i.e. Fixed Income, Equities, Derivatives, Foreign Exchange, etc.

Working Knowledge of securities processes, i.e., Corporate Actions, Trade Operations, and Securities Lending

Skills and Abilities:

Required

Demonstrated ability to analyze processes and proven attention to detail

Good problem solving skills and strong commitment to procedures and controls

Ability to work and function independently and in a team-oriented, collaborative environment

Multi-tasking and prioritization in a high pressure environment

Interpersonal and relationship building skills

Experience using Microsoft Office suite of products (particularly Excel Access)

Very good communication skills, written and verbal

Customer Service skills Preferred

Experience using Portia, Electra Recon, and Eagle PACE/Star is a plus

Openminded to observe process and highlight any improvement/ identify loopholes

Keep UpToDate documents such as SOP and BAU tracker etc.

Related Skills

Business Analysis, Business Process Improvement, Business Process Understanding, Collaboration, Consultative Communication, Negotiation, Nuveen Products/Services Acumen, Organizational Savviness, Project Management, Vendor / Partner Management

Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: [email protected]

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TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here .

For Applicants of Nuveen residing in Europe and APAC, please click here .

For Applicants of Greenwood residing in Brazil (English), click here .

For Applicants of Greenwood residing in Brazil (Portuguese), click here .

For Applicants of Westchester residing in Brazil (English), click here .

For Applicants of Westchester residing in Brazil (Portuguese), click here .

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TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

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