Nuveen Investments Emerging Markets International Trader in New York, New York
Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives.Â Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future.Â For more information about the firm please visit our website at www.Nuveen.com
About the Group
Nuveen is a global asset manager focused on achieving the best-possible long-term risk-adjusted returns for its clients. Its investments in active, quantitative and index strategies span global fixed income, equity, and responsible investment.
About the Position
Nuveen is seeking a Trader in its Global Fixed Income Group for our New York, NY location to primarily focus on Emerging and International markets.Â The Fixed Income Trading team is responsible for best execution & trade support for numerous Nuveen fixed income portfolio mandates that collectively manage over $500 billion in fixed income assets.Â In aggregate, Nuveenâs Public Fixed Income team manages approximately $16 billion in Emerging and International assets, and during 2021, the EM trading team executed over $7 billion in trading volume, not including FX business.
The successful candidate will be an energetic and extremely flexible individual and a contributing member of a highly successful group of professionals focused on investing in Emerging and International markets.Â The role is an opportunity to learn from and support senior traders and portfolio managers while delivering best execution strategies and providing value-added service for the broader investment teams across a range of portfolio mandates, including: TIAA General Account, Mutual Funds, Insurance Portfolios and separately managed accounts.Â
Key Responsibilities and Duties
Complete trade execution and processing with strong attention to details.
Primarily work with the senior EM traders and initially focus on developing the skill-set and relative value framework to achieve best-execution across the Emerging and International markets.
Partner with Senior Traders Trading team with trade entry, ticketing, allocations, corporate actions.
Develop and exhibit general EM market knowledge across external, local and FX markets and can be innovative and utilize strong excel skills to monitor markets.
Work across investment teams on a daily basis, communicating with multiple Portfolio Managers, Research analysts & Sr. Traders.
Understand TIAAâs investment goals, divergent portfolio mandates and present relative value ideas to portfolio managers.
Contribute market color and spread data to investment discussions.Â Understand how flows in one asset class may impact spreads in related asset classes.
Track spreads and other market data for portfolio managers and research analysts.Â Point out relationships across markets and potential trades that arise from those relationships.
Interact internally with portfolio managers and research team to vet offerings, discuss relative value and make suitable recommendation to appropriate portfolio mandates.
Answer dealer phone lines and build upon relationships with existing Wall Street sales coverage.
Interact with various business partners internally, including Middle Office, Valuations, Derivative Services, Risk/Compliance, and Technology.
Work independently and is able to manage multiple tasks on the trading desk simultaneously.
- University (Degree) Preferred
- 2+ Years Required; 3+ Years Preferred
- Physical Requirements: Sedentary Work
- 2+ years fixed income experience.
3+ years fixed income/emerging market experience.
Strong quantitative, analytical, communication and financial modeling abilities.
Detailed knowledge and ability with Excel and PowerPoint required, use of Bloomberg (API), or relevant market data vendors preferred.
Working knowledge of fixed income and Emerging Markets, Developed Markets, FX Markets.
Ability to assess facts and make quick decisions in a trading environment.
Comfortable with using basic investment/trading platforms: Bloomberg, Charles River, MarketAxess & TradeWeb and the ability to quickly learn any required internal applications.
Strong communication skills and attention to detail and high operational accuracy.
Collaborative work style, teamwork oriented.
Potential Salary: $128,700.00 USD
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.Â 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).Â
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.Â For more information about the firm please visit our website atÂ www.Nuveen.com
TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.
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. Thatâs 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) .
We 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) .
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.Â
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:Â
Phone: (800) 842-2755
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