Associate - Allocation Development

Nuveen; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Nuveen, part of TIAA Global Capabilities, seeks a Specialist - Allocation Mgt in Mumbai to develop OFSAA Allocation Methodology rules, build drivers, and design functional specs for new requirements.

You will write SQL queries for research, liaise with Business, BFO and Controller, and assist in closing allocation processes for Actual, Budget and Forecast cycles. Strong knowledge of DRM, HFM and Essbase cubes is preferred.

Qualifications

• University degree required.
• 3+ years of experience; 5+ years preferred.
• Experience with OFSAA, DRM, HFM and Essbase is a plus.

Responsibilities

• Develop OFSAA allocation methodology rules and drivers; design functional specifications for new requirements.
• Build SQL queries for research, analysis and development; liaise with Business/BFO/Controller.
• Support closing allocation processes for Actual, Budget and Forecast cycles.

Skills

OFSAA

DRM

HFM

SQL

Education

University (Degree)

Tools

Essbase cubes

SQL Developer

OFSAA

Job description

Job Summary

Specialist - Allocation Mgt - IN Professionals in this process are responsible for developing OFSAA (Oracle Financial Services Analytics Application) Allocation Methodology rule build , drivers methodology development, Functional Design of new requirements , build SQL queries for research, analysis and development Liaison with Business/BFO/Controller and participating in closing allocation processes of Actual, Budget and Forecast cycle.

Key Responsibilities and Duties

This job will be Supporting Expense bill, client profitability and P&L reporting for Organization. This team is responsible for Management Reporting, Daily Reference Data maintenance, Management Information Reporting & Analysis. The other activities also include adhoc issues resolution & queries, ensure data quality before submissions, investigate, resolve and escape issues on timely basis, both within finance as well as cross departments. Associate in this role should be expert in in OFSAA, DRM, HFM, Sql Developer and Essbase cubes.

Educational Requirements

University (Degree)

Preferred Work Experience

3+ Years Required; 5+ Years Preferred

Physical Requirements

Physical Requirements: Sedentary Work

Career Level

7IC

Related Skills

• Accountability
• Accounting Standards
• Adaptability
• Business Acumen
• Business Process Improvement
• Collaboration
• Communication
• Compliance
• Financial Acumen
• Generally Accepted Accounting Principles
• Inspires Others
• Relationship Management
• Risk Analysis/Analytics
• Stakeholder Engagement
• Strategic Thinking

Company Overview

TIAA Global Capabilities 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 Global Capabilities 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.

Equal Opportunity Employer

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaning learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

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