Associate, Assistant Portfolio Manager & Research

RE, Portfolio Management
The Associate, Portfolio Management & Research assists the portfolio manager of the U.S. Cities Diversified Fund with various tasks related to portfolio management and fundraising, acting as the fund’s Assistant Portfolio Manager. Representative tasks include responding to RFPs, writing draft text for reports, underwriting direct acquisitions, responding to internal and external requests for information, updating marketing materials, corresponding with investors, and building various portfolio management tools. The Associate also supports the U.S. Real Estate Research Team in its goal to help drive outperformance by generating strategic insights through data analysis. Representative tasks include gathering data, data manipulation, updating models, creating, and updating slides, assisting with IC memos, and providing general support. The role works closely with real estate teams in acquisitions, asset management, distribution, product, marketing, and finance.
Key Responsibilities and Duties

Portfolio management

• Builds and maintains extensive proprietary financial models to optimize, monitor, and analyze the financial performance of the portfolio and to ensure compliance with various fund guidelines, including those of NCREIF ODCE.

• Assists in ongoing property valuations of fully-owned assets, develops strategies for maximizing value, and creates hold/sell analyses in partnership with the investment team.

• Assesses the existing and potential operating characteristics of each real estate and/or property investment (i.e. revenue, expenses, capital expenditures, etc.).

• Collaborates with real estate asset management, finance, and performance measurement teams to obtain portfolio/asset information and prepare performance analyses and reports.

• Assists in drafting and presenting investment memorandums to the Investment Committee.

• Performs industry, market, and property-specific research as well as competitive fund analyses.

• Supports fundraising and investor relations efforts including: contribution to DDQs and RFPs, fulfilling investor requests, investor on-site meetings, ongoing investor relations, preparing marketing material, etc.

Research

• Helps identify potential data partners / vendors and maximize impact of current data providers.

• Helps drive efforts to improve utilization of internal data in research.

• Pulls, aggregates, and analyzes data to uncover trends and to drive outperformance.

• Builds, maintains, and reviews materials, including presentations and whitepapers.

• Assists with investment analysis and Investment Committee memo write-ups.

• Takes ownership of various quarterly deliverables and/or areas of research.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

Required Qualifications:

• Minimum of 2+ years of financial modeling experience

Preferred Qualifications:

• 3+ years of financial modeling experience
• Microsoft excel experience including ability to run macros
• Real Estate experience

Anticipated Posting End Date:

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, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term 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 strategies. For more information about the firm please visit our website at www.Nuveen.com

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. 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. 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.

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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: 

Phone: (800) 842-2755

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