Lead, Structured Products
Frisco, TX - USA
Job Summary
Lead Structured Products Reporting
The Lead for Structured Product Reporting oversees the Leveraged Finance platform a broad offering of below investment grade credit capabilities including traditional public credit (Loans and High Yield) structured credit/Collateralized Loan Obligations (CLOs) and hedged credit (Long-Short Convert Arb and Distressed). Working under limited supervision this role is responsible for all aspects of the structured product lifecycle from warehouse formation to the dissolution of the CLO.
Key Responsibilities and Duties
Provides senior support for LevFin CLO analytic and collaborate with other colleagues in various locations to ensure quality of reporting & data provided to investment team and various other users of this information.
Functions as one of the key contacts with trustees and agent banks in relation to issues and resolution of problematic discrepancies with custodians trustees agent banks and/or counterparties.
Evaluate and validate the accuracy of collateral quality concentrations and coverage tests.
Review CLOs waterfalls and validate management trustees and other fees.
Confirm the accuracy of various test results calculations according to CLOs indentures.
Organize the maintenance of all Leverage Finance activity (interest rate resets principal repayments principal drawdowns margin changes) in all Leverage Finance systems.
Assist in WSO data transactions discrepancies and liaise with service provider to resolve issues.
Review cash/currency positions and assess potential FX spot and forward adjustments and communicate to front office as appropriate.
Deliver cashflow projections to portfolio managers analysts and Leverage Finance Operations.
Assess and address training needs of staff in current and future-state assets and systems.
Liaise with managers in documentation process requirements and updating of procedures for Leverage Finance CLO analytics.
Assist with the creation tracking and reporting of metrics for the Leverage Finance Operations team.
Provide a senior support for CLO closing reconciliation fund liquidation & onboarding new funds.
Ensuring integrity of all assets attributes in systems and following up with all parties for updates.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 3 Years Required; 5 Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
7IC
Preferred Skills:
- 5 years of comprehensive understanding Collateralized Loan Obligations (CLOs) full lifecycle and advanced financial reconciliation and validation Experience
- Ability to work dynamically with global collaboration within LevFin operations team.
- Excellent written and verbal communication interpersonal and conflict resolution skills.
- Ability to conduct complex analysis and present data in a meaningful way.
- Open minded flexible and willing to listen to and incorporate other colleagues opinions in team projects.
- Strong organizational skills necessary to meet deadlines prioritize projects multi-task and assist other team members on organizing daily workflows.
- Excellent research & analytical as well as problem solving skills.
Anticipated Posting End Date:
Base Pay Range: $108000/yr - $154000/yrActual 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
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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:
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Drug and Smoking Policy
TIAA maintains a drug-free and smoke/free workplace.
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About Company
We joined forces with The Council of Graduate Schools to conduct research on the financial education of students. Visit www.studentfinancialsuccess.org to learn about the eye-opening facts that we uncovered and strategies that leading universities used to develop impactful programs to ... View more