Nuveen Investments Sr Analyst, SMA Investment Operations in New York, New York
Sr Analyst, SMA Investment Operations
The Senior Analyst, Separately Managed Accounts Investment Operations job assists with operational activities for the investment function, specializing in separately managed institutional accounts. Working under limited supervision, this job performs routine, administrative/transactional operational processes pertinent to trade processing, settlements, securities transfer and record maintenance. This job also provides assistance and training to junior employees and faces non-routine problems on a daily basis.
Key Responsibilities and Duties
Supports trading and rebalancing of separately managed institutional and retail accounts, ensuring compliance with model portfolios from portfolio managers
Process block trades including the updating of rotation grids, compliance memos, and investment models. Create a trade to reflect the wishes of the investment manager and execute trades with the appropriate sponsor firms.
Accurately convey the instructions provided by the PM when executing orders or updating non-discretionary models.
Adjust discretionary models based on direction from Portfolio Manager, rebalance client accounts and execute trades to accommodate changes.
Correct exceptions by reaching out to the sponsor trading desk or back office of the sponsor firm to research and resolve any discrepancies from the previous day.
Run and review several exception reports to ensure the each individual account is in-line with the parameters of the associated investment model.
Run and Review drift reports to find outliers, research any discrepancy and act accordingly.• Process tax harvesting requests – review current account holdings to determine a scenario that best meets the client request to realize gains or losses.
No Experience Required; 2 Years Preferred
High School, Preferred
- Physical Requirements: Sedentary Work
- High School
Previous experience with an investment management system such as FiServ APL or Charles River and/or similar OMS systems
Experience updating trading systems on separately managed institutional and retail accounts, ensuring compliance with model portfolios from portfolio managers.
Experience with Process Improvement in regards to workflow and/or order management systems
Experience working in Separately Managed Accounts
Intermediate skills in Microsoft Office (Excel, Word, Outlook)
Experience working with Bloomberg is a plus
Strong problem recognition and resolution skills
Strong analytical skills
Potential Salary: $32.69 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
For residents of California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) to access the TIAA CA Applicant Privacy Notice.
For residents of the EU / UK, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) to access the EU / UK Pre-employment Notice.
For all other residents, click here (http://www.tiaa.org/public/tiaa-nuveen-privacy) to access the Applicant Privacy Notice.
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.