Market Risk Officer -Nuveen Investment Risk

TIAA • Charlotte, NY

5d

About The Position

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com As a “2nd Line of Defense” function, the position is responsible for overseeing investment risk management in the United States for Nuveen Real Estate, the successful candidate will be an advisor to the Nuveen Real Estate business partners and leadership teams and serve as a subject matter expert to Nuveen Risk leadership and governance committees. Leading a small team of Investment Risk Managers, the candidate will primarily be responsible for investment risk oversight and reporting, risk governance and leadership in the U.S. for both private real estate equity and debt investments.

Requirements

• 5+ years experience in Real Estate Risk Management, Research, Portfolio Management, Underwriting and/or Surveillance.
• Experience managing team members
• Bachelor Degree in Business, Economics, Real Estate, or related fields
• A team player with a demonstrable track record of collaboration
• Excellent interpersonal, written and presentation skills
• A self-starter and result-oriented leader
• Analytical Skills, Collaboration, Communication, Critical Thinking, Executive Presence, Financial Acumen, Financial Analysis, Financial Risk Management, Relationship Management, Risk Analysis/Analytics, Risk Mitigation, Strategic Thinking, TIAA Products/Services Acumen

Nice To Haves

• 7+ years experience in Real Estate Risk Management, Research, Portfolio Management, Underwriting and/or Surveillance.
• Master’s degree or other applicable post-graduate qualification (e.g. CFA, CAIA)
• Experience in credit risk underwriting, surveillance, and reporting

Responsibilities

• Lead and manage the U.S. Real Estate Investment Risk Management team
• Provide independent investment risk oversight, advice, and challenges on new product strategies, portfolio construction, investment selection, performance monitoring and other investment related controls
• Develop investment risk management processes under Nuveen’s global risk framework, maintain standard operating procedures, embed appropriate risk management systems and models, drive best practice in risk management reporting and solutions
• Actively participate in the product governance process, providing investment risk expertise in the design and execution of new product initiatives
• Represent Investment Risk in the U.S. Real Estate investment committee and provide effective risk oversight on the Real Estate investment activities in the U.S.
• Assist as a SME in global investment risk assessment, quantification, and reporting
• Conduct regular meetings with portfolio managers to assess fund risks and report findings to the Nuveen Real Estate Risk Management Committee
• Monitor and report on the compliance with risk limits and fund guidelines throughout the investment process and product lifecycles
• Review and sign off investment risk disclosures in fund legal documents, including Prospectus and Private Placement Memorandums
• Deliver informative and timely risk reporting, including but not limited to key risk indicators, risk dashboards and reports, and escalate risk issues to the Global Head of Real Estate Investment Risk Management
• Coordinate and contribute to Global Real estate oversight activities, including emerging risk assessment and cross-regional risk initiatives and projects

Benefits

• 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.

What This Job Offers

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