TIAA World Markets Operations Specialist in St. Louis, Missouri
As a part of TIAA’s Financial Solutions business, TIAA Bank, a division of TIAA, FSB, provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.
World Markets Operations Specialist
Researches and analyzes financial information to be used in making investment decisions.
Key Responsibilities and Duties
Analyzes financial information to produce forecasts of a specific company or industry.
Recommends investment products and timelines to companies, investment firm staff, or the investing public; develops profitability models and investment reports for clients.
Collects and assembles financial data that affect investment programs, such as price, yield, stability, and economic influences.
Monitors fundamental economic, industrial, and corporate developments.
No Experience Required
High School, Preferred
- Physical Requirements: Sedentary Work
The Specialist is responsible for the daily processing of funds settlement, relating to the remittance and deposit of customer and broker payments via account to account transfers, wires, drafts, checks, and intercompany payments. Additional responsibilities include maintenance of daily work files and adherence to established department procedures and regulatory requirements.
Experience with "Foreign Wire Processing through Swift strongly preferred"
Review and process incoming and outgoing foreign and domestic currency wires
Review and process the issuance of Foreign Drafts and US dollar checks, including printing and mailing of items
Review, submit, and monitor collection and credit for Foreign Drafts sent for collection with foreign financial institutions
Batch and deposit incoming checks and credit customers accordingly
Process account to account transfers
Process intercompany payments
Send SWIFT messages to trace non-receipt of customer and broker payments and incoming payments with insufficient information to properly credit our customers
Update the Foreign Currency rates on the Business Online Banking (BOB) system throughout the day
Process all fees posted to our statements for Foreign Correspondent Bank Accounts
Process all customer fees
Research and resolve items on reconcilements performed by the TIAA bank Accounting department
Maintain daily settlement records and supporting documentation
Assist with audit requests
Assist with testing of system enhancements
Perform other duties as assigned
Minimum Pay: $14.81
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) .
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Phone: (800) 842-2755
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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.