Specialist Retail SMA - Nuveen Global Investment Operations

Specialist Retail SMA Nuveen Global Investment Operations
Nuveen Investments is one of the investment industrys largest providers of Retail Separately Managed Accounts (SMA). The Middle Office Associate is responsible for a broad set of operation functions that support Nuveen and its affiliates SMA business. Functions include client onboarding liasing with the FAs and sponsors portfolio accounting and document management. The candidate will work closely with counterparts in the US to create a seamless processing and service platform.

Key Responsibilities and Duties

• Onboarding new client accounts on timely and accurate manner
• Review and process account maintenance items according to SLAs
• Profile and process various requests for SMAs received from financial advisors and sponsors back offices.
• Daily monitoring and reconciliation of separately managed accounts between the portfolio accounting system and clients external custodians.
• Liaising with different internal departments (AA PA Settlements) to resolve the complex issues.
• Perform quality control checks on critical data elements.
• Process clientdirected changes to existing portfolios (E.g. Strategy changes Account number changes cease requests terminations etc.
• Review account exception reports to identify potential risk outliers also communicate with Portfolio managers within the specific deadlines.
• Process quality control checks of new accounts and maintenance items in accordance with the departmental guidelines
• Monitor and communicate corporate action events.
• Collaborate with internal departments to resolve complex issues
• Provide daily weekly and monthly department reporting
• Interface with internal and external business teams to identify root cause of exceptions and assist with corrective and preventive action
• Train and coach peer team members
• Review and update SOPs and RCA logs training trackers etc.

Educational Requirements

• Bachelors Degree Required

Work Experience

• 5 years Investment Banking / Asset Management Industry experience in an offshored operations environment. Preferred
• 4 years of experience in Retail Separately Managed Accounts (SMA). Preferred
• Experience with Microsoft Office (Outlook Excel and Word) Preferred
• General knowledge of financial markets and products Preferred
• Knowledge of Separately Managed Accounts (SMA) Preferred
• Experience with APL SMA Perform Investcloaud recontool BPM (K2 is a plus Preferred
• Strong technical skills Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

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

Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent reduce risk by insourcing key platforms and processes as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization with a focus on technology operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners our goal is to reduce risk improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

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.

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