Vice President, Broker Dealer and Middle Office Operations

The Vice President of Broker Dealer and Middle Office Operations will lead a team responsible for the clearing settlement and operational management of municipal preferred and taxable fixed income securities for Nuveens Separately Managed Accounts (SMA) business. As an industry leader in the SMA marketplace Nuveen manages over $90 billion in assets across 60000 individual client accounts. This leadership role oversees a highly regulated entity within the organization serving as the primary operational liaison to regulators external auditors and industry counterparties while ensuring timely trade settlement regulatory compliance and risk mitigation. This position requires a seasoned professional with deep broker-dealer experience exceptional critical thinking skills and the ability to navigate complex operational challenges.

Key Responsibilities and Duties

• Oversee daily clearing and settlement of municipal bond trades through the Nuveen Securities broker-dealer ensuring accurate delivery of block trade and client allocation instructions to custodians sponsors and dealers.

• Supervise DVP settlement of preferred stocks and taxable fixed income securities coordinating with counterparties custodians and sponsor programs within industry standards.

• Serve as primary contact for regulators and auditors maintaining documentation and producing evidence to support operational decisions.

• Lead resolution of routine and complex trade errors including cancel-rebills reallocations resolving short positions and Prime Broker set ups.

• Leverage industry experience to navigate the complex landscape of Wirehouses IBDs TAMPs and RIAs.

• Build and mentor a skilled team capable of critical thinking through complex situations ensuring comprehensive cross-training and developing succession capabilities.

• Lead operational implementation for new platform launches collaborating with technology teams dealers custodians and RIAs to establish proper setup and avoid settlement disruptions.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5 Years Required; 7 Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
9PL

Required Skills:

• 5 years of relevant experience in broker-dealer operations with management responsibility
• 5 years direct experience in the retail SMA industry
• Demonstrated expertise with financial markets and separately managed accounts
• Proven experience with municipal bonds preferred stock and taxable fixed income securities
• Direct experience managing clearing operations DTCC platforms (CTM RTTM) custodian relationships and Prime Broker coordination
• Strong understanding of financial regulations and operational risk frameworks

Preferred Skills:

• Series 5253 and 99 securities licenses (or ability to obtain within specified timeframe)
• Experience with broker-dealer platforms (Broadridge BPS preferred)
• Demonstrated success leading teams through high-volume periods and system implementations
• History of maintaining zero-defect regulatory audit results
• Proven ability to mentor and develop successor talent
• Established industry relationships among major custodians and dealers

Anticipated Posting End Date:

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 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).

Company Overview

Nuveen is a global investment leader managing public and private assets for clients around the world and on behalf of TIAA our parent company and one of the worlds largest institutional investors. We invest in the growth of businesses real estate infrastructure and natural capital providing clients with the reliability access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients our communities and our global to learn more about us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.

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. 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 well-being. 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.

Our full EEO & Non-Discrimination statement is on our careers home page and you can read more about your rights and view government notices here.

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