Analyst, Managed Account Trading

at  TIAA

Analyst, Managed Account Trading
The Managed Account Trading job is accountable for the day-to-day operations of the organization’s managed accounts products. This job is critical in developing and maintaining the operational infrastructure (portfolio management and trading systems) necessary to support the rapid growth and scalability of investment products. These responsibilities include: ensuring the execution, allocation and settlement of all client trades as well as initiating and leading various continuous improvement initiatives.

Key Responsibilities and Duties

• Responsible for the day-to-day trading and operations (the trading life cycle tasks from order generation through settlement) and IMG managed account products.
• Tracks execution quality of all ETF shares traded to determine economic value of trading.
• Monitors and remediates daily exceptions and issues to ensure all service level agreements are met.
• Develops and maintains processes and reporting to monitor for potential risk or items for attention.
• Works in partnership with the managed account product teams and then the investment management group to implement strategic initiatives and new product offerings.
• Collaborates with internal and external business partners to develop, implement, and improve efficient and effective processes that support mass customization and efficient scaling of the businesses and enhance the customer satisfaction of our products.

Educational Requirements

• University (Degree) Preferred

Work Experience

• SQL language and ETL processes (data extraction, transformation, and loading) Preferred
• SharePoint online and Power BI for visualizing data Preferred
• Various accounting and/or trading systems Preferred
• Accounting and/or reconciliation background Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC
Related Skills
Change Management, Client Financial Planning, Client Relationship Management, Communication, Data Analysis, Due Diligence, Executive Presence, Financial Acumen, Investment Reporting Oversight, Portfolio Management, Resourcefulness, Tax
Anticipated Posting End Date:
2024-09-05
Base Pay Range: $60,800/yr. - $86,000/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
TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.
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.
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

• Responsible for the day-to-day trading and operations (the trading life cycle tasks from order generation through settlement) and IMG managed account products.
• Tracks execution quality of all ETF shares traded to determine economic value of trading.
• Monitors and remediates daily exceptions and issues to ensure all service level agreements are met.
• Develops and maintains processes and reporting to monitor for potential risk or items for attention.
• Works in partnership with the managed account product teams and then the investment management group to implement strategic initiatives and new product offerings.
• Collaborates with internal and external business partners to develop, implement, and improve efficient and effective processes that support mass customization and efficient scaling of the businesses and enhance the customer satisfaction of our products