Securities Valuation Associate
The primary purpose and function of the Associate within the Securities Valuation Team (SVT) is to conduct price reviews for financial instruments held within the Nuveen and TIAA-CREF Funds, affiliate institutional and retail separately-managed accounts and/or the TIAA General Account (GA), ensuring that the prices received primarily from independent pricing services are reasonable and reflect current market value. Additionally, the Associate is responsible for preparing and presenting monthly reports summarizing the results of such reviews to stakeholder groups including the respective Valuation Committees who oversee activities conducted by SVT.
Key Responsibilities and Duties
- Under the supervision of management or a more senior member of SVT, review price exceptions generated through daily and periodic exception reporting, validate prices through available market information and analysis and issue price challenges to the respective pricing services, when appropriate.
Administer fair value pricing methodologies and apply price source hierarchies in accordance with approved policies and procedures.
Monitor financial markets and conduct independent research to develop and maintain a broad understanding of current/future macro and micro market conditions and fundamentals that may impact pricing and valuation.
Analyze corporate action events and ensure resulting entitlements are recorded timely and reflect current market value.
Prepare and present summary analysis of review activities to the respective Valuation Committees; provide requested pricing support to internal clients.
Prepare written event summaries and Valuation Committee meeting minutes.