Sr. Director, Affordable Housing Portfolio Management

TIAA

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

RE Portfolio Manager
The Real Estate Portfolio Management job manages large funds or multiple funds and works to implement and execute the organizations real estate investment strategy including portfolio construction market and asset selection financing and making investment recommendations. As a recognized subject matter expert in the field of portfolio management this job ensures the successful delivery and accuracy of real estate financial analysis investor reporting and presentations and prospective investor marketing and due diligence. This job also works closely with real estate teams in acquisitions asset management development and capital markets as well as the distribution product research finance and marketing teams.

Key Responsibilities and Duties
  • Evaluates extensive proprietary financial models to monitor and analyze the financial performance of the real estate portfolio potential new investments and financing.
  • Leads ongoing property valuations reviews developed strategies for maximizing value and develops hold/sell analysis in partnership with the assigned sector team.
  • Assesses the existing and potential operating characteristics of each real estate and/or property investment (i.e. revenue expenses capital expenditures tenant credit leases).
  • Works with real estate asset management finance and performance measurement teams to obtain portfolio/asset information and prepare performance analyses and reports that support the financial business decisions and development of the organizations portfolio management activity.
  • Reviews and approves investment memorandums and presents to management committees for investments.
  • Stays informed of real estate / property industry market and property-specific research as well as competitive fund analyses to stay well-informed and ahead of trends and current issues impacting the real estate management 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 real estate and property management industry experts strategic partners investors and fiduciaries to identify industry trends discover potential capital sources and promote the organizations brand.
  • Manages performance of team through regular timely feedback as well as the formal performance review process to ensure delivery of real estate portfolio management projects and engagement motivation and development of team.
Educational Requirements
  • University (Degree) Preferred
Work Experience
  • 5 Years Required; 7 Years Preferred
Physical Requirements
  • Physical Requirements: Sedentary Work

Career Level
8PL

Required Qualifications:

  • 5 years of experience in afford housing regulated and nonregulated across US

Preferred Qualifications:

  • 7 years of experience in afford housing regulated and nonregulated across US
  • Experience with transactions portfolio management and impact measurements
  • Masters degree

Related Skills

Business Development Client Relationship Management Due Diligence Financial Analysis Financial Risk Management Investment Management Investment Strategy Acumen Investor Relationship Management Market/Industry Dynamics Opportunity Strategy Organizational Savviness Portfolio Management Real Estate Investments

Anticipated Posting End Date:

Base Pay Range: $160000/yr - $224000/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 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).

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 worlds 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 to learn more about us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows 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 Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause 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. 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 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:

Email:

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.

ForApplicants of TIAA Global Capabilities click here.

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


Required Experience:

Exec

RE Portfolio ManagerThe Real Estate Portfolio Management job manages large funds or multiple funds and works to implement and execute the organizations real estate investment strategy including portfolio construction market and asset selection financing and making investment recommendations. As a re...
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