CLO StructuringNuveen Leveraged Finance is one of the largest and best resourced providers of senior loans, CLOs, high yield and alternative fixed income strategies with over $40bn in AUM. This fully integrated team of more than 40 investment professionals is guided by a long heritage of successful performance outcomes and risk control for our clients. Nuveen Leveraged Finance is seeking a CLO structurer to support the ongoing growth of our CLO platform. The ideal candidate should have a keen understanding of CLOs and possess excellent communication and organizational skills.Key Responsibilities and Duties
Execute all types of primary CLO transactions including new issue, resets, refis, re-issues, warehouses
Manage transaction expenses (closing/ongoing costs: EURR, trustee, cayman issuer, lawyer fees, WH fees etc.)
Liability management (refi, reset, new issuance) - structuring of new and existing deals for best execution
Collaborate internally to assist in maintaining relationships with sell-side arrangers and other market participants
Stay informed on latest CLO document trends and consider structures based on our management style
Creatively find solutions on structures based on market conditions
Communication with rating agencies, counsel, arrangers on modeling and transaction execution
Utilize analytical tools and models to optimize CLO structures and present to broader CLO team. Analyze and use technology for other products and markets within corporate credit space.
Carry out the execution process of each CLO transaction including documentation, cash-flow modeling, rating agency analytics
Continuously maintain a pipeline and roadmap of existing/new deals for refis/resets. Overall marketing of the CLO platform, working closely with business development and distribution
Educational Requirements
University (Degree) Preferred
Work Experience
5+ Years Required; 7+ Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level9IC
Minimum of 5 years experience in CLO structuring and transactions
Strong interpersonal skills and the ability to interact with people at all levels
Ability to think critically and find creative, practical solutions to achieve objectives
Strong oral and written communication skills including presentations and public speaking
Ability to adapt to and initiate change
Demonstrated ability to work collaboratively with cross-functional groups and support senior management
A highly collaborative business partner who can effectively manage and influence relationships that are widely dispersed both functionally and geographically
Anticipated Posting End Date:2024-04-28Base Pay Range: $253,800/yr. - $300,000/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, non-annual sales incentive plans, or other non-annual incentive plans).Company OverviewNuveen, 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.comBenefits and Total RewardsThe 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 (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .Equal OpportunityWe are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .Accessibility SupportTIAA 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) 842-2755Email: [email protected] NoticesFor Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .