Derivatives Operations Lead

Derivatives Operations Lead

The Derivatives Operations Lead will be a member of the Trade Operations team within Nuveen Global Investment Operation. The candidate will act as a senior lead analyst on the team and will be responsible for supporting our investment team by ensuring accurate and timely trade support of Foreign Exchange (FX) and derivatives trades within Nuveens order management, accounting, and collateral management systems. In addition to supporting production trading, the candidate will work closely with Nuveens Equity and Fixed Income investment teams, Technology teams, and critical business partners such as State Street to advance Nuveens strategic initiatives and implement process improvements to scale and support the growth of the business. The Derivatives Operation Lead will be responsible Ensuring timely and accurate communication of trade activity to necessary downstream stakeholders as well as cash and underlying securities related to derivatives trading.

Key Responsibilities and Duties

Oversee FX and derivatives trade management activity, identifying high-risk issues and resolving trade breaks through Nuveens strategic outsourced operations partners.

Oversee FX and derivatives trade processing, analytics, and reporting within proprietary derivatives risk and analytics platform, supporting investments and risk management teams.

Closely collaborate with Trading, Technology, and Operations to support strategic initiatives through business analysis, development, testing, and implementation.

Incorporate a risk management mindset, focused on identifying and mitigating operational risk through continued process improvement and enhanced operational controls.

Develop standard operating procedures and remediation plans to address operational risk.

Oversee and support operational onboarding activities for derivatives trading and collateral management. Partner with Legal on prerequisite trading agreements to support client onboarding and fund launch.

Educational Requirements

Bachelors Degree Required

Work Experience

5 Years Required; 7 Years Preferred

Physical Requirements

Physical Requirements: Sedentary Work

Career Level

8IC

Required Qualifications:

3 years experience in investment trading operations and/or asset management

Experience with Derivative Trades

Preferred Qualifications:

7 or more years of experience working in asset management specifically in investment/trading operations

Excellent communication skills; ability to articulate issues with internal/external stakeholders and present highly technical subject matter at an appropriate level for the target audience.

Controls mindset, ability to partner with Compliance and Risk Management to advance the business and mitigate risk.

Experience with or strong understanding of various derivatives instruments across equity, fixed income, FX, and credit asset classes.

Broader knowledge of Investment Operations

Strong knowledge of derivatives trade lifecycle and support across bilateral, listed, and cleared derivatives trading workflows.

Understanding of Investment Management products (Pension funds, Mutual funds, Separate accts).

Knowledge of order management systems and/or electronic trading systems to support derivatives and FX trading.

Experience with Bloomberg Aim, Charles River, Murex

Experience working with outsourced service providers

Experience with supporting global trading and operating within a “follow-the-sun” global operating model

Strong Project Management Skills

Related Skills

Business Analysis, Business Process Improvement, Business Process Understanding, Communication, Consultative Communication, Negotiation, Nuveen Products/Services Acumen, Organizational Savviness, Vendor / Partner Management, Waterfall Project Management

Anticipated Posting End Date:

2024-10-07

Base Pay Range: $109,500/yr. – $151,000/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 (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .

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 (https://www.dol.gov/general/topics/posters) .

Accessibility Support

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

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .

For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .

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.

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .

For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .

Nondiscrimination & Equal Opportunity Employment

TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

EEO is the Law (https://assets.phenompeople.com/CareerConnectResources/TIAAGLOBAL/documents/22-088EEOCKnowYourRights-1688394514088.pdf)

Pay Transparency

Philadelphia Ban the Box (https://www.phila.gov/media/20210423160847/Fair-Chance-Hiring-law-poster.pdf)