TIAA MD, Nuveen Compensation in Chicago, Illinois
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
Manages the development, implementation, maintenance and communication of the organization's compensation programs, policies and processes; oversees the analysis of budgets and plans within various pay programs.
Key Responsibilities and Duties
Advising senior management on aligning the pay programs, policies and procedures with organizational goals; implementing creative solutions to specific comp-related programs.
Ensuring the effectiveness of existing compensation practices and regulations compliance, making timely revisions when needed, and keeping senior staff informed of any updated policies.
Overseeing the data within the HRIS to ensure the accuracy of compensation information including incentive calculations, approvals for award payments, and payment records.
Managing job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay grades based on findings.
5 Years Required; 7 Years Preferred
University (Degree), Preferred
- Physical Requirements: Sedentary Work
This position is open across the US and preferred work locations include but not limited to the following: Charlotte, NC and Chicago, IL.
Additional Key Responsibilities:
Lead a team of two or three compensation associates
Lead the development and implementation of effective compensation plans that align with business objectives
Provide input to compensation discussion sections of RFPs, client communications, Fund Board and TIAA Board materials
- 5+ years of compensation experience
8+ years of progressive experience in the compensation field in the Asset Management industry
Design, modelling and analysis, including complex equity plans
Experience with coordination across multi-level and complex organizations
Work with job levelling and titling frameworks, manage market matching and pricing, short term and long-term incentive plan design and determination of funding mechanisms.
Effectively manage the year-end process including allocation of cascading compensation pools, promotions, salary increases as well as equity and carry grants, bonus payments, profits interest distributions and repurchases
Minimum Pay: $122,000.00
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 (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .
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 (https://www.dol.gov/general/topics/posters) .
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: (800) 842-2755
For residents of California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) to access the TIAA CA Applicant Privacy Notice.
For residents of the EU / UK, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) to access the EU / UK Pre-employment Notice.
For all other residents, click here (http://www.tiaa.org/public/tiaa-nuveen-privacy) to access the Applicant Privacy Notice.
TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.