Skip to main contentA logo with &quat;the muse&quat; in dark blue text.


New York, NY

This is a Non-Employee Contingent Worker Role providing services for TIAA’s family of companies and will be employed by TIAA's preferred 3rd Party Supplier. As a Non-Employee CW, perform a variety of moderately complex business planning, support, and project-related duties. Demonstrates an exceptional standard of quality and holds themselves accountable to achieving excellent results.

This role is located onsite at our TIAA office in Chicago, IL, USA but will currently be remote.

The anticipated term of this engagement will be 10 months. This term could be extended based on company business needs.

The Analyst, Investment Trade Settlements job ensures timely and accurate settlement of trade and transfer obligations 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 performs basic processing and service activities pertinent to trade settlements.

Want more jobs like this?

Get Business Operations jobs in New York, NY delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.

Key Responsibilities and Duties
  • Processes routine trade transactions, ensuring compliance with the organization's regulatory policies, procedures and standards.

  • Ensures timely and accurate settlement of trade and transfer obligations in a fast paced, deadline driven environment.

  • Resolves routine trade settlement issues in a timely manner.

  • Escalates complex trade settlement issues to management where appropriate.

  • Interfaces with custodians, brokers and clients on confirmation and/or settlement issues.

  • Performs daily reconciliations of trade activities.

  • Processes trade settlement transactions in accordance with investment restrictions, laws, Securities & Exchange Commission (SEC), and tax codes.
Educational Requirements
  • Vocational and/or Technical Education Preferred
Work Experience
  • 3+ Years Required; 5+ Years Preferred
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level

Settlements Analyst, Nuveen Global Investment Operations


Middle Office: Provides oversight and control of the communication processes utilized to transmit trade execution detail to sponsor programs and custodial service providers for the Separately Managed Account (SMA) platform. Broker/Dealer: Provides oversight and control of the comparison and settlement of block level trades between dealers and sponsor programs for the SMA platform using various industry utilities.

Key Duties & Responsibilities

  • Provides oversight of proprietary trade ticket system which facilitates the creation of trade detail for sponsor/custodians and dealers/counterparties. Generated trade detail is then transmitted by various means to sponsor programs via FTP, Fax, email or manual uploads into sponsor proprietary systems.

  • Facilitate the processing of trade corrections upon instruction from portfolio management desk, updating trade detail in the portfolio accounting system and notifying sponsor programs through various means of changes and corrections.

  • Addresses inbound inquiries from internal teams as well as external partners and clients.

  • Reviews and rectifies errors identified upon completion of the automated SMA block trade file upload from proprietary ticketing system into broker dealer comparison and settlement system.   

  • Reviews and addresses trade comparison failures identified through industry utilities before contacting the sponsor programs and dealers who fail to submit trades for comparison.

  • Reviews and addresses block trade settlement issues with sponsor programs, custodial service providers and dealers on settlement date.

  • Processes trade correction instruction received from portfolio management desk that are compared and settled through the broker dealer.   

  • Expert-level analytical skills to identify potential trade discrepancies/trade data and resolve independently. The ability to leverage Excel, SQL or Python to reduce manual processes or reduce risk is highly preferred.

Start Date: 14-Feb-2022

End Date: 31-Dec-2022

Travel Required: No

Potential Salary: $45.19 USD

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.


COVID-19 Vaccination

TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.

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.

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


Privacy Notices

For residents of California, please click here to access the TIAA CA Applicant Privacy Notice.

For residents of the EU / UK, please click here to access the EU / UK Pre-employment Notice.

For all other residents, click here to access the Applicant Privacy Notice.

Client-provided location(s): New York, NY, USA
Job ID: bf5f4b3ef89feb20cb23c99b87d4d98e45f7bb1cc993008244a05a411e881b2b
Employment Type: Other