Associate, Capital Markets

TIAA • New York, NY

2d • $106,000 - $135,000 • Onsite

About The Position

The Associate, Capital Markets (Equity) reports to the Senior Director Capital Markets and supports the evaluation, analysis, and securing of third-party debt for Nuveen Real Estate’s direct equity investments, including acquisition, development, and refinancing opportunities. The role supports placement of secured third-party financing solutions for the US equity business and assists with fund-level facilities, including subscription lines, repo-warehouse lines, private placements, Net Asset Value (NAV) facilities, and secured or unsecured term and revolving facilities.

The Associate facilitates due diligence between capital markets deal leads, investment and asset management teams, and prospective lenders; prepares initial financing offering memorandums; and assists senior team members with analysis of lender quotes, hedging strategies, and leverage outcomes. The role also supports Investment Committee materials, loan and facility closings, ad hoc performance analysis for investor, client, and lender due diligence, and monitoring market dynamics and trends. The position interfaces with internal groups across debt capital markets, research, legal, insurance, asset management, portfolio management, accounting, and treasury.

Requirements

• At least 2 years of work experience.

Nice To Haves

• At least 3 years of work experience.
• University degree preferred.

Responsibilities

• Facilitate and support due diligence among capital markets deal team leads, investment and asset management teams, and prospective lenders for equity financing opportunities.
• Prepare initial draft financing offering memorandums for in-house- or third-party-broker-led financing requests.
• Assist senior team members in analyzing lender quotes and hedging strategies to determine optimal leverage outcomes for the equity business.
• Participate in discussions with relevant parts of the equity business and provide financial inputs for Investment Committee memorandums.
• Assist senior team members with the loan or facility closing process, coordinating with internal and external stakeholders.
• Assist with ad hoc analysis of financial and operating performance for investor, client, and lender due diligence related to sector fund products.
• Interface with internal groups including debt capital markets, research, legal, insurance, asset management, portfolio management, accounting, and treasury.
• Prepare analysis and help monitor market dynamics and trends, seeking input from Nuveen Real Estate research and other professionals.

Benefits

• Superior retirement program.
• Competitive health, wellness, and work-life offerings.
• Potential participation in a performance-linked incentive program, depending on the role.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level