Nuveen Investments Sr. Analyst, Asset Management Investment Reconciliation - Nuveen in Chicago, Illinois
The Senior Analyst, Asset Management Investment Reconciliation job ensures that all cash and position data (including equities, fixed income, and over-the-counter derivative positions) is accurate for processes including investment management, analytics, compliance, and regulatory. Under moderate supervision, this job ensures the investment book of record is reconciled with external prime record holders daily.
Key Responsibilities and Duties
Ensures reconciliations are successfully completed and troubleshoots any routine and non-routine discrepancies.
Reviews cash and asset position exceptions daily including researching differences and resolving them in an accurate and timely manner.
Ensures accuracy of published cash figures.
Works with internal/external stakeholders to ensure issues are being appropriately reviewed and progressing to completion.
Identifies and coordinates escalation of priority issues.
Participates in all team meetings including review of key risk and process indicators.
Understands and adheres to all regulatory requirements impacting the reconciliation process.
Maintains accurate process documents for reconciliation processes.
- High School Preferred
- No Experience Required
- Physical Requirements: Sedentary Work
The primary responsibility of the position is timely and accurate reconciliation of complex accounts across multiple business lines including accounts with foreign balances, derivatives, and senior loans. Ensure overall quality and accuracy of assigned processes as well as the preparation of ad hoc statistical reports.
Perform daily reconciliations and research to ensure discrepancies are resolved in a timely basis and interface with custodians and other external parties to identify root cause of exceptions
Cross-train, support and mentor Portfolio Analysts in the following areas: analysis and problem solving, flexibility in a changing environment, and notification and escalation
Respond to numerous ad hoc requests from internal and external clients to ensure timely and accurate responses
Continuously seek opportunities to improve existing workflows and processes both within Portfolio Accounting and with other Global Investment Operational teams
Assist in testing updates to Reconciliation Tool and Investment System
Ability to think on your feet to address a variety of complex issues arising daily while maintaining attention to detail. Must be able to identify patterns, evaluate problems with an open mind, and think creatively and collaboratively
In depth knowledge of the lifecycle of various securities not limited to equities, fixed income, mutual funds, derivatives as well as an understanding of how the different areas of Investment Operations work together as one team to meet goals
Possess a good understanding of the variety of Nuveen/TIAA Investment products offered to the market as well as who the closest competitors are in our space and understand what sets us apart. Strong understanding of financial securities and markets, real estate operations and accounting
Experience in Portfolio Accounting, Fund Administration, Reconciliation, Financial Services
Experience utilizing Microsoft Excel
University Degree preferred
Strong analytical skills with high attention to detail
Strong written and verbal communication skills
Potential Salary: $36.54 USD
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com
TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .
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.
Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .
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
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