TIAA Jobs

Sr Market Risk Officer

The Senior Market Risk Officer job is responsible for financial risk management activities within the organization and exists as a liaison between management and the executives while providing expertise to guide the business on policies and procedures to control and manage financial risk. This job has ownership of short to mid-term (1 to 3 years) strategy execution and operations activities in alignment with the organization's objectives. This role will provide 2nd Line of Defense risk oversight of Nuveen’s private equity, junior capital and senior debt investing activities. AUM constitutes approximately $50 billion.

Key Responsibilities and Duties

• Oversees financial risk strategy implementation aligning to the organization's strategy, focusing on investment opportunities and financial activities to control various risks.

• Ensures risk management policies and procedures, along with limits and guidelines, are being monitored and followed.

• Provides strategic direction regarding technology-based tools and metrics used to perform statistical data analysis that report various financial aspects of investment risk exposures.

• Serves as an advisor on existing risk guidelines and policy matters in the pursuit of business by the organization and recommends changes to improve operational and risk identification and management strategy.

• Provides a balanced approach to enable focus on both business unit goals and risk management objectives.

• Engage and collaborate with colleagues from across the organization to develop risk awareness, culture and engagement in risk management activities.

• Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 8+ Years Required; 10+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

10IC

Qualifications:

Required:

• 8 years required in capital markets and underwriting/assessing private equity, leveraged finance and other complex transactions.

Preferred:

• 10-15+ in capital markets and underwriting/assessing private equity, leveraged finance and other complex transactions.

• Superior credit and corporate finance skills.

• Deep knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role.

• Proven success in developing, building, and overseeing risk management processes

• Experience with portfolio management and analytic functions across illiquid asset classes including private equity and private debt.

• Excellent ability to identify risk management improvement opportunities in organizations across industries and organizational contexts and promote pragmatic and value-adding advice, delivering tangible positive impact.

• Advanced understanding of financial performance drivers, metrics, valuation methods and return attribution.

• Experience proactively identifying reputational, strategic, compliance, technology and operational risks and assessing the adequacy of controls to manage such risks, including recommending enhanced or additional controls.

• Successful completion of a formal commercial credit training program.

• History of working with financial sponsors a plus.

Base Pay Range: $150,500/yr. - $250,900/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 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 (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .

Equal Opportunity

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) .

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: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For 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) .

TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.