Investment Performance and Report Development

TIAA; Charlotte (NC); On-site; USD 120,000 - 150,000; Full time

Job summary

TIAA in Charlotte, NC is seeking a Senior Manager Portfolio Operations & Reporting to lead the IBOR maintenance, portfolio accounting, performance calculations, and investment reporting for our advisory services. You will partner with Investments, Trading, IT, and Data Governance to streamline processes and boost efficiency.

You will own Advent Portfolio Exchange (APX), manage data and cloud migration, oversee vendor relationships, and guide governance, controls, and audits.

Qualifications

• 5+ years of investment performance experience
• Experience with portfolio accounting, performance calculation, and investment reporting
• Experience managing vendor relationships and cloud migration projects

Responsibilities

• Owns APX including policies, governance, data maintenance, integrations, and reports
• Manages data for portfolios, groups, securities, pricing, reconciliations, performance, composites, benchmarks, and indices; handles standard and ad-hoc reports
• Designs strategies and tools for portfolio operations and report creation
• Leads cross-department initiatives; trains staff on portfolio accounting, performance calculation, and reporting
• Manages migration of portfolio software to cloud and onboarding of Back Office resources
• Manages vendor relationships for cloud hosting, upgrades, and custom report development

Skills

Investment performance

Portfolio operations

Vendor management

Reporting

Education

Bachelor's Degree

Tools

Advent Portfolio Exchange (APX)

Job description

Sr. Manager Portfolio Operations & Reporting

The Senior Manager, Portfolio Operations & Reporting role is responsible for building and maintaining the Investment Book of Record (IBOR) and will oversee the portfolio accounting, performance calculation, and investment reporting functions for the firm's investment advisory services. This individual will also manage vendor relationships for custom report development, portfolio operations support, and the portfolio management software solution. The Senior Manager will work closely with members of the Investments, Trading, IT, and Data Governance teams to streamline processes and improve operational efficiency.

Key Responsibilities And Duties

• Owns the firm’s portfolio management software solution Advent Portfolio Exchange (APX) including all related policies, standards, controls, compliance and audit requirements, business processes, data maintenance and governance, system integrations, and external departmental requests.
• Manages the maintenance and supporting processes for all system data including portfolios, groups, securities, pricing, reconciliations, non-custodied holdings, performance, composites, benchmarks, and indices. Responsible for performance reporting including all related deliverables including standard and ad-hoc reports, internal and external vendor data-feeds and integrations, and annual GIPS Composite Reports.
• Designs and implements the strategies, processes, and tools for executing portfolio operations and supporting the report creation process.
• Leads initiatives to solve complex cross-departmental business issues. Collaborates with all areas within the firm to ensure the close integration of the portfolio accounting function with the other functional areas, e.g., investments, relationship management, trading, reporting, and IT. Train internal staff and direct reports regarding portfolio accounting, performance calculation, and investment reporting.
• Manages the migration of the portfolio management software to the cloud environment and onboarding of Back Office supplementary resources. Documents and establishes business processes and controls for ongoing integration with the business.
• Manages vendor relationships pertaining to cloud hosting support, application upgrades, custom report development, and ongoing portfolio operations and reporting support. Monitors and manages performance of vendors through regular, timely feedback as well as the formal review process to ensure delivery of business requirements.

Educational Requirements

• Bachelor's Degree Required

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

8IC

Required Qualifications

• 5+ years of investment performance experience

Preferred Qualifications

• 7+ years of investment performance experience and related certifications

Anticipated Posting End Date

Base Pay Range: $120,000/yr - $150,000/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).

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today we're a market-leading retirement company fueled by world-class asset management. But we're not just another legacy financial services firm. We're fighting harder than ever before for our clients and the many Americans who need us.

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.

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 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.

Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices 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:

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Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

Privacy Notices

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Preferred Qualifications

• 7+ years of investment performance experience and related certifications