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VP Derivatives Services Manager

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1 Vacancy
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Job Location drjobs

Iselin, NJ - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

The Vice President Derivatives Services Manager will be a member of the Trade Operations team within Nuveen Global Investment Operation reporting into the Managing Director Head of Trade Operations. The Derivatives Services Manager will lead a cross functional team responsible for supporting Nuveens global foreign exchange (FX) and derivatives trade management and collateral management operational activities. Within this role the candidate will be responsible for accurate and timely trade support confirmation and settlements for FX and derivatives trades and related collateral. In addition to supporting production trading and collateral management workflows the candidate will work closely with Nuveens Equity and Fixed Income investment teams Technology teams and critical business partners such as State Street to advance Nuveens strategic initiatives and implement process improvements to scale and support the growth of the business. The Derivatives Services Manager will be responsible all team management responsibilities including managing the daytoday workload coaching / mentoring the team and performance management.



Key Responsibilities and Duties

  • Lead the Derivatives Services team overseeing FX and derivatives trade management and collateral management support.

  • Oversee FX and derivatives trade processing analytics and reporting within proprietary derivatives risk and analytics platform supporting investments and risk management teams.

  • Oversee collateral management margin call processing settlement instruction dispute monitoring dispute resolution. Collaborate with trading risk management and operations teams to resolve disputes and ensure counterparty risk is well controlled.

  • Closely collaborate with Trading Technology and Operations to support strategic initiatives through business analysis development testing and implementation.

  • Incorporate a risk management mindset focused on identifying and mitigating operational risk through continued process improvement and enhanced operational controls. Develop standard operating procedures and remediation plans to address operational risk.

  • Oversee and support operational onboarding activities for derivatives trading and collateral management. Partner with Legal on prerequisite trading agreements to support client onboarding and fund launch.

  • Manage the performance of team through regular timely feedback as well as the formal performance review process to ensure delivery of exceptional operational processes and to foster team member engagement motivation and development.

Educational Requirements

  • University (Degree) Preferred

Work Experience

  • 5 Years Required; 7 Years Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work


Career Level
8PL

Required Qualifications:

  • 5 years of experience working in investment/trading operations
  • 5 years of experience supporting derivatives and/or FX
  • 5 years of experience managing people

Preferred Qualifications:

  • 10 or more years of experience working in asset management specifically in investment / trading operations
  • Excellent communication skills; ability to articulate issues with internal/external stakeholders and present highly technical subject matter at an appropriate level for the target audience.
  • Controls mindset ability to partner with Compliance and Risk Management to advance the business and mitigate risk.
  • Experience with or strong understanding of various derivatives instruments across equity fixed income FX and credit asset classes.
  • Broader knowledge of Investment Operations
  • Strong knowledge of derivatives trade lifecycle and support across bilateral listed and cleared derivatives trading workflows.
  • Understanding of Investment Management products (Pension funds Mutual funds Separate accts).
  • Knowledge of order management systems and/or electronic trading systems to support derivatives and FX trading.
  • Experience with Bloomberg Aim Charles River Murex and working with outsourced service providers
  • Experience with supporting global trading and operating within a followthesun global operating model
  • Strong Project Management Skills and the ability to run meetings and drive results

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

Anticipated Posting End Date:

Base Pay Range: $123800/yr. $171000/yr.

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 nonannual sales incentive plans or other nonannual incentive plans).

Company Overview

Nuveen the investment manager of TIAA offers a comprehensive range of outcomefocused investment solutions designed to secure the longterm 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 atwww.Nuveen

Benefits and Total Rewards

The organization is committed to making financial wellbeing possible for its clients and is equally committed to the wellbeing of our associates. Thats 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 wellbeing. To learn more about your benefits please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.

Read more about your rights and view government notices here.

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:

Email:

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.

ForApplicants of TIAA Global Capabilities click here.

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


Required Experience:

Exec

Employment Type

Full-Time

About Company

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