Senior Associate, Private Placements Workouts
Senior Associate, Private Placements Workouts
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Job Description
The Senior Associate Private Placements Workouts role contributes to working through existing distressed situations to maximize recoveries.
Key Responsibilities and Duties
- Prepares research and analysis of companies and situations that are facing financial stress including providing recovery and upside/downside analyses.
- Participates in ad hoc lender group and steering group calls liaising and dialoguing with restructuring advisors and restructuring counsel on a regular basis.
- Engages and communicates regularly with Portfolio Managers on workout and special situation names within portfolios.
- Manages relationships with restructuring advisors restructuring lawyers distressed sell side traders and analysts and buyside competitors.
- Works with shared services and other stakeholders to prepare client updates on troubled deals.
- University (Degree) Preferred
- 3 Years Required; 5 Years Preferred
Career Level
7IC
Required Qualifications
- 3 years of workout/restructuring experience
- Experience managing troubled situations workout negotiations and restructuring and exit strategies.
- Indepth knowledge and understanding of fundamental credit investing including highyield stressed distressed and special situation opportunities.
- Deep experience with private placement note documentation.
- Thorough understanding of financial and credit analysis valuation private credit transaction structuring and fundamental research .
- Excellent communication and interpersonal skills.
- Strong problemsolving skills analytical and with strong attention to detail.
Preferred Qualifications
- 7 years of workout experience highly preferred
- Bachelors degree strongly preferred; MBA or CFA is a plus.
Anticipated Posting End Date:
Base Pay Range: $160000/yr. $200000/yr.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 nonannual sales incentive plans or other nonannual incentive plans).
Company Overview
Nuveen the investment manager of TIAA offers a comprehensive range of outcomefocused investment solutions designed to secure the longterm financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized more information about the firm please visit our website at
Benefits and Total Rewards
The organization is committed to making financial wellbeing possible for its clients and is equally committed to the wellbeing of our associates. Thats 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 wellbeing. 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.
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)
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.
ForApplicants of TIAA Global Capabilities click here.
For Applicants of Nuveen residing in Europe and APAC please click here.
Required Experience:
Senior IC
Employment Type
Full-Time
