Securities Valuation Senior Associate

The primary purpose and function of the Senior Associate within the Securities Valuation Team (SVT) is to conduct price reviews for financial instruments held within the Nuveen and TIAA-CREF Funds, affiliate institutional and retail separately-managed accounts and/or the TIAA General Account (GA), ensuring that the prices received primarily from independent pricing services are reasonable and reflect current market value. Additionally, the Associate is responsible for preparing and presenting monthly reports summarizing the results of such reviews to stakeholder groups including the respective Valuation Committees who oversee activities conducted by SVT.

Key Responsibilities and Duties

• Conduct primary and/or secondary reviews of price exceptions generated through daily and periodic reporting, validate prices through available market information and analysis and issue price challenges to the respective pricing services, when appropriate.
• Under the direction of the SVT Lead, develop and administer fair value pricing methodologies when pricing is unavailable from pricing services or deemed unreliable, apply price source hierarchies in accordance with approved policies and procedures.
• Monitor financial markets and conduct independent research to develop and maintain a broad understanding of current/future macro and micro market conditions and fundamentals that may impact pricing and valuations.
• Analyze corporate action events and ensure resulting entitlements are recorded timely and reflect current market value.
• Prepare and present summary analysis of review activities to the Valuation Committee; provide requested pricing support to internal clients.
• Prepare written securities valuation-related communications including Valuation Committee meeting minutes and memorandums. Collaborate with offshore personnel to ensure periodic Valuation Committee, Audit Committee and Fund Board reporting is prepared by stated deadlines.
• Research audit exception items, work closely with the audit firms, coordinate meetings and review testing controls and support criteria.
• Assist in the development and updating of processes and procedures that incorporate the required level of controls, while delivering well supported valuations.
• Keep current with the latest audit and regulatory changes as well as valuation best practices.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

7IC

Qualifications:

Required:

• 3 years in investment management experience including front office trading, investment operations, fund account or comparable experience, with previous securities valuation, securities analysis and/or corporate action experience

Preferred:

• 5 years in investment management experience including front office trading, investment operations, fund account or comparable experience, with previous securities valuation, securities analysis and/or corporate action experience
• BA/BS Degree
• Microsoft Excel VBA and Access skills, MS Office Suite, Bloomberg analytics and Excel API, experience with Tableau, data analytics and visualization tools preferred

Related Skills

Base Pay Range: $81,800/yr. - $136,300/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, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

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

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.

Equal Opportunity

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.

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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

Email: [email protected]

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