Sr Associate Business Risk and Controls

The Risk & Controls team is responsible for managing operational risk and ensuring that the right controls are in place to safeguard our clients' assets. A strong and well-governed control environment underpins our ability to deliver the best possible client experience, and our team plays a critical role in maintaining the integrity, resilience, and reliability of Nuveen's operations. Through proactive risk identification, robust control design, and continuous improvement, we work to protect clients, support the business, and uphold Nuveen's commitment to operational excellence.

Key Responsibilities and Duties

• Manage and oversee operational risk across multiple business units and asset classes, ensuring that the right controls are in place to safeguard client assets and support business objectives

• Conduct root cause analysis on operational errors and incidents, recommending and tracking remediation actions to mitigate risk and prevent recurrence

• Monitor and report on the overall health of the control environment, including key risk indicators, issue trending, and control deficiencies

• Partner with Business Risk Liaisons (BRLs) and cross-functional teams to identify process improvement and automation opportunities that strengthen controls and enhance operational efficiency

• Support the development and maintenance of operational risk policies, procedures, and frameworks in alignment with Enterprise risk standards

• Manage and track issues and action plans through the firm's risk management system, ensuring timely escalation and resolution

• Support onboarding and lifecycle change events by ensuring operational readiness and that controls are sufficient prior to go-live

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC

Required

• 3+ years of experience in operational risk, controls, audit, or a related function within asset management or financial services

Preferred

• 5+ years of experience in operational risk, controls, audit, or a related function within asset management or financial services
• Strong understanding of investment management operations, including trade lifecycle, reconciliation, and compliance
• Strong influencing, relationship management, and partnering skills
• Excellent qualitative and quantitative analytical and problem-solving skills
• Demonstrate ability to work effectively under pressure and provide insights in short timeframes
• A collaborative and team-oriented working style with a demonstrated ability to work effectively across cross-functional teams and diverse groups
• Experience with assurance reporting, including SOC 1 Type and Type II engagements, control documentation, and audit readiness

LI-CS1

Anticipated Posting End Date:

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

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about 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: 

Phone: (800) 842-2755

Email: [email protected]

Drug and Smoking Policy

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

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.