Nuveen Investments Vice President, Asset Management Compensation - Nuveen in New York, New York
The Compensation job conducts compensation program design, compensation plan management and compensation evaluation and analysis. Under minimal supervision, this job is responsible for developing and administering effective compensation programs in accordance with the organization's reward strategy.
Key Responsibilities and Duties
Develops salary and incentive structure designs and pay policies in accordance with the organization’s reward strategy.
Reviews changes to base pay, short-term and long-term incentives, allowances, deferred compensation, sales compensation, etc. as directed by management.
Reviews preliminary job analysis, job evaluations and salary increase reviews to ensure employees receive the appropriate compensation for their position.
Conducts analysis and studies to support management in developing and administering effective compensation and benefits programs in accordance with the organization's reward strategy.
Approves reports for the purpose of providing written support and conveying information to management regarding policy and compensation interpretation as well as in the annual salary planning process.
Participates in the planning of new and revised compensation programs so that employees receive the appropriate compensation for their position.
Assesses the company's compensation programs to ensure they are in accordance with established policies.
- University (Degree) Preferred
- 5+ Years Required; 7+ Years Preferred
- Physical Requirements: Sedentary Work
Additional Key Responsibilities:
Asset management experience designing long-term alignments for investment professionals, including carry and coinvest
Involvement in M&A due diligence processes, including integration and harmonization of legacy compensation plans
Strong understanding of financial statements and ability to create financial models for year-end compensation planning and compensation plan design initiatives
Demonstrating leadership on the team by being inclusive, building other team members up, taking action to be a part of the solution and leading by example
Required Experience :
- 5+ years of compensation experience to include asset management
7+ years of compensation experience to include asset management Professional maturity and willingness to pitch in at all levels and lead initiatives
Subject matter expertise designing entity and fund level alignment plans including knowledge of market prevalent practices
Ability to interface with internal senior business leaders as well as external partners who administer certain plans
Ability to influence at all levels of the organization
Involvement in compensation framework philosophy/strategy
Potential Salary: $175,000.00 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.