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TIAA Portfolio Accounting Supervisor in CHARLOTTE, North Carolina


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.


Members of the Portfolio Accounting team within the Nuveen Middle Office department are responsible for the accurate and timely recordkeeping of investment portfolios managed by the Nuveen investment teams. They plan a critical role in mitigating operational risks of the firm. Through the reconciliation processes with the custodians and other internal controls, they ensure that all of the activity on the securities held within each portfolio is reflected in the recordkeeping system. As one of the Supervisors on the team, the incumbent is expected to provide oversight and guidance to the junior members of team, contribute to the development of team strategy, focus on mitigating operational risks and lead process improvement initiatives.


Manage a team of Portfolio Accountants (PAs)

  • Develop communicationplan with other AVPs to provide a unified approach across all teams

  • Ensure quality ofaccounting data through the reconciliation process with the custodian banks

  • Ensure start of dayprocesses have executed smoothly and completely – all necessaryfiles received and processed (internal and external)

  • Monitor the reconciliationsystem to ensure all accounts are included in processing

  • Conduct end of dayreview to confirm that PAs have completed their work as expected andnotified/escalated issues as per procedures

  • Execute day-to-dayrecons as needed to support the team

  • Identify and execute onopportunities for process improvement, develop standard processes andprocedures and improve internal controls

  • Assist in developingstandard operating procedures used to train PAs

  • Evaluate theeffectiveness of existing internal controls; develop and implement bestpractices

  • Ensure strongcommunication across Nuveen stakeholders and external custodian banks andvendors

  • Develop strong workingrelationship with peers and key players within InvestmentOperations; i.e. work closely with upstream and downstream teams tobuild trust and influence without direct authority Projects and externalrelationship management

  • Contribute to futurestate definition, use cases, requirements, user acceptance testing on upgradesand new system implementations

  • Take the lead on specialprojects (e.g., fund mergers and account terminations)

  • Manage applicationvendor and third party relationships

  • Monitor multipleapplications’ performance and functionality, and escalate issues with thevendors as needed Prepare and deliver timely and accurate reporting

  • Handle recurring specialmonth-end reporting requests

  • Assess and monitorexisting and future reporting requests to ensure responsibilities reside withinthe correct operational teams

  • Apply best practice for accurateinternal data distribution (e.g., preliminary vs. final notification asnecessary, working closely with consumers of data to educate them about theaccounting process, etc.)

  • Team operational metricsfor executive management reporting

  • Solid understanding of various asset classes

  • Demonstrated ability to analyze problems and to followthrough to resolution

  • Process design and improvement

  • Proven record of taking ownership and working wellwithout supervision

  • Sound judgement in prioritizing own workload and thework of others

  • Time management skills to succeed in an intenseenvironment and under tight deadlines are critical

  • Teamwork, collaboration and conflict resolution

  • Ability to succeed in a multi-location environment, tocollaborate and oversee staff virtually, to build virtual teams

  • Understanding of operational and business risks

  • Ability to communicate with senior level stakeholders


Required Skills:

  • 10 years Investment management industry experience.

  • Bachelor’s Degree with concentration in finance or accounting.

  • 5 or more years in supervisory or oversight role

  • 3 or more years of experience with Excel

  • Experience with Electra Reconciliation.

Preferred Skills:

  • Advanced degree or relevant certification a plus

  • Knowledge of common industry applications (Eagle STAR, PORTIA, Bloomberg , etc.) is desired

  • Effective mediation skills to facilitate a constructive approach to dealing with conflict. Ability to address difficult issues and guide others toward the accomplishment of identified, meaningful goals

Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the .

If you need assistance applying due to being visually or hearing impaired, please email .

We are an Equal Opportunity/Affirmative Action Employer. We will 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 legally protected status.

Additional Information

  • Requisition ID: 1721120

Field: Business Management & Operations

Company: Nuveen

Post Date: 4 days ago