Director, Assistant Portfolio Manager

TIAA•Chicago, IL

20h•Onsite

About The Position

The Assistant Portfolio Management manages the Wealth Channel’s the first ever Semi Liquid Farmland Fund (Nuveen Farmland REIT - FREIT). Responsibilities include strategic and tactical allocations, acquisitions and asset management of investments, leverage strategy, and overall investor and fund relations. As a recognized subject matter expert in the field of Farmland investments, this job ensures the successful delivery and accuracy of FREIT financial analysis, investor reporting and presentations, and prospective investor marketing and due diligence. This job also works closely with national regional Farmland offices for acquisitions, asset management, development, as well as the broader Nuveen organization for distribution, product, research, finance and marketing. The Assistant Portfolio Manager guides implementation of the investment strategy (acquisitions, operations, and dispositions) to ensure consistency with established investment guidelines. This job also drives investor communications, developing management and financial reports and organizing regular Board and investor meetings.

Requirements

Minimum 5+ years of farmland investment experience
Deep familiarity with farmland fundamentals including land valuation, agricultural operations, and appraisal processes
Proven experience in the wealth channel, including familiarity with semi-liquid or interval fund structures such as non-traded REITs
Highly comfortable in client-facing environments, including fielding intensive due diligence inquiries from sophisticated investors and wealth advisors
Experience preparing DDQs, RFPs, investor reports, and performance presentations tailored to wealth channel audiences
Strong financial modeling skills with experience evaluating complex portfolios and monitoring fund-level performance metrics
Excellent communication skills with the ability to translate complex investment data into clear narratives for diverse audiences
Track record of cross-functional collaboration across distribution, product, research, finance, and marketing teams

Nice To Haves

7+ Years Preferred
5-10 years of farmland investment experience

Responsibilities

Stays informed of Natural capital industry, market and research as well as competitive fund analyses to stay well-informed and ahead of trends and current issues impacting the natural capital business.
Works to support the fund raising and investor relations efforts including: setting and executing capital raising strategy, annual investor conference, advisory committee meetings, Due Diligence Questionnaire (DDQ) and Request for Proposal (RFP) review, fulfilling investor requests for information, investor on-site meetings, and ongoing investor relations management.
Maintains and grows relationships with natural capital management industry experts, strategic partners, investors and fiduciaries to identify industry trends, discover potential capital sources and promote the organization's brand.
Evaluates extensive proprietary financial models to monitor and analyse the financial performance of the natural capital portfolio, potential new investments, and financing.
Leads ongoing valuations, reviews developed strategies for maximizing value, and develops hold/sell analysis in partnership with the assigned sector team.
Monitors and communicates key performance metrics and operational challenges to management to quantify and articulate the business impact of Natural Capital Investment initiatives or issues.
Guides development of annual budgets and long-term management plans for investment portfolios.
Oversees annual appraisal processes at all stages: conducts requests for proposals, facilitates selection of appraisers, evaluates information requests, ensures appraisals meet established standards, manages internal reviews, and communicates results to investors.
Conducts advanced analyses as needed for specific investment funds and develops quarterly and annual management/financial reports in cooperation with regional operations and accounting personnel.
Facilitates organization of periodic Board meetings, quarterly conference calls, and other investor meetings as necessary.
Consults on corporate strategy initiatives and development of investment management tools.