Associate - Allocation Development

Nuveen; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Nuveen is seeking 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 and collaborate with Business, BFO, and Controller to close allocation cycles (Actual, Budget, Forecast).

The role supports expense billing, client profitability, and P&L reporting, with emphasis on data quality, issue resolution, and cross-department collaboration.

Qualifications

• Experience with OFSAA, DRM, HFM, and Essbase cubes.
• Strong communication and writing skills.
• Advanced proficiency in MS Excel and MS Office.
• Analytical and problem-solving abilities with the capacity to manage multiple priorities.

Responsibilities

• Support expense billings, client profitability and P&L reporting.
• Handle management reporting and daily reference data maintenance.
• Investigate issues and provide timely cross-department resolution.
• Ensure data quality before submissions and escalate where needed.

Skills

OFSAA

DRM

HFM

Essbase

Education

Bachelor’s degree

Tools

SQL Developer

Job description

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 elevate issues on timely basis, both within finance as well as cross departments.

Associate in this role should be expert in OFSAA, DRM, HFM, Sql Developer and Essbase cubes.

Educational Requirements

University (Degree) Preferred

Work Experience

3+ Years Required; 5+ Years Preferred

Physical Requirements and Career Level

Physical Requirements: Sedentary Work. Career Level 7IC. 8-10 years of experience in Oracle Fusion Cloud EPM-EPCM Bachelor’s degree in finance / MBA (Fin) / B.E or Information Systems preferred. Experience in Banking, Insurance, or Financial Services.

Qualifications

Excellent communication and writing skills. Advanced proficiency in MS Excel. Proficient in Microsoft Office suite of products. Excellent written and verbal communication skills, proven ability to work as an effective team player and ability to collaborate. Demonstrated strength in analytical and problem-solving skills. Ability to manage multiple competing priorities and achieve targeted outcomes. A commitment to a culture of excellence and client service. A sense of urgency, results orientation and thoughtful execution skills. Highly organized, detail oriented, self-motivated, and positive work ethic. Ability to take direction and work independently.

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.

Our 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 meaningful learning experiences and development pathways- because when our people succeed, our impact on clients' lives grows stronger.

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: [phone] Email: [e-mail]

Equal Opportunity Employment

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 Pay Transparency Philadelphia Ban the Box