Associate - Portfolio Accounting - Pune, India - TIAA

TIAA

Verified Company

Pune, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

The Senior Specialist - Nuveen Client Services conducts operational activities for the investment function, supporting the management of capital on behalf of pensions, endowments, corporate plan sponsors, and other institutional investors.

Working under limited supervision, this job executes various operational processes pertinent to trade processing, settlements, securities transfer and record maintenance.

Key Responsibilities and Duties

Executes asset management operational processes including trade processing, settlements, and securities transfers, ensuring quality, accuracy and completeness.
Researches complex investment account issues and resolves escalated issues.
Participates in process improvement initiatives to improve operational efficiency, communicating recommendations for further process improvement opportunities to management team.
Reviews financial statements and performance reports before they are distributed to investors.
Communicates with legal counsel and outside auditors on filings, examinations, reporting, and other related tasks as needed.
Ensures compliance with investment restrictions, laws, Securities & Exchange Commission (SEC), tax codes, and other corporate and regulatory policies when performing operational processes.

Educational Requirements

University (Degree) Preferred

Work Experience

3+ Years Required; 5+ Years Preferred

Physical Requirements

Physical Requirements: Sedentary Work

Career Level

7IC

Functional Responsibilities:
exception are captured

Ensure cash and positions for respective Funds/Portfolios are reconciled accurately, efficiently and on a

timely basis with custodians and other external parties, as well as across multiple internal systems

Upon identifying and analyzing exceptions, ensure necessary, corrective action is assigned to responsible

parties, logged, and prioritized for resolution

Interface with internal and external business teams to identify root cause of exceptions and track resolution
Develop a significant level of expertise of the holdings, terms, and transactions of all Funds/Portfolios to

ensure accuracy of the reconciliations process

Ensure adherence to compliance and regulatory requirements
Ensure all process and audit trail documentation is uptodate at all times
Identify, escalate and thereby proactively manage process/delivery risks
Respond to numerous ad hoc requests from internal and external clients for additional information

business processes as and when required

Maintain and provide timely and accurate MI of process performance and risk
Assist with ad hoc duties as assigned

Skills and Abilities:
Required

Demonstrated ability to analyze processes and proven attention to detail
Good problem solving skills and strong commitment to procedures and controls
Ability to work and function independently and in a teamoriented, collaborative environment
Multitasking and prioritization in a high pressure environment
Interpersonal and relationship building skills
Experience using Microsoft Office suite of products (particularly Excel & Access)
Very good communication skills, written and verbal
Customer Service skills

Preferred

Experience using Portia, Electra Recon, and Eagle PACE/Star is a plus

Job Requirements And Qualifications:

Required Education:
Bachelor's Degree

Accounting, Business, finance or related discipline

Required Experience:
6-9 years

Investment Banking / Asset Management Industry experience in an offshored operations environment.
Working knowledge of investment instruments, i.e. Fixed Income, Equities, Derivatives, Foreign Exchange, etc.
Working Knowledge of securities processes, i.e., Corporate Actions, Trade Operations, and Securities Lending

LI-RK1

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Company Overview

TIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack.

TIAA GBS India is focused on building a scalable and sustainable organization, with a focus on technology, operations and expanding into the shared services business space.

Working closely with our U.S.

colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

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.

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