Nuveen Investments Associate, CPACE Transaction Management- Nuveen Green Capital in Newport Beach, California
Greenworks Lending is a wholly owned subsidiary of Nuveen, one of the world’s leading Asset Managers. We finance clean energy retrofits and clean new construction on commercial building through an innovative program called C-PACE (Commercial Property Assessed Clean Energy). C-PACE is a public-private financing mechanism through which private lenders provide low-cost, long-term funding for energy efficiency, renewable energy and water conservation projects in commercial properties. C-PACE financing is repaid as an assessment on the property’s regular tax bill and processed the same way as other local public benefit assessments have been for decades. C-PACE is gaining traction among real estate owners and developers who are incorporating this specialty financing into their capital stacks.
The Associate plays a critical role in all aspects of project development, including the support of loan origination, transaction management, and underwriting. The Associate supports Greenworks Lending as it advances complex commercial projects through to completion. The Associate will benefit from rapid on-the-job learning, unparalleled strategic input, access to company executives and tremendous growth potential.
Key Responsibilities & Duties:
Managing a diverse pipeline of C-PACE projects of various complexity.
Communicating internally with business development, credit, legal, and asset management teams and externally with clients and partners to keep the deal team on track for key milestones and closing.
Working with mortgage holders (where applicable) to gain consent for C-PACE financing
Supporting relationships with commercial clean energy contractors, building owners, and other industry stakeholders.
Preparing for client meetings, including development of background material and presentations.
Increasing market awareness of Greenworks Lending
Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting Greenworks’s mission to be the Lender of Choice for our clients and partners.
Preparing term sheets for early-stage deals and assisting with presentation materials when needed.
Leveraging third-party market research, such as CoStar, to support underwriting assumptions.
Completing loan files accurately and thoroughly
- University (Degree) Preferred
- No Experience Required
- Physical Requirements: Sedentary Work
0-1 year professional experience
Internship or coursework related to Commercial Real Estate (CRE) finance or underwriting
Demonstrated interest in sustainability and/or clean energy deployment
Potential Salary: $60,000.00 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. 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).
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
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. 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) .
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.
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
For residents of California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) to access the TIAA CA Applicant Privacy Notice.
For residents of the EU / UK, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) to access the EU / UK Pre-employment Notice.
For all other residents, click here (http://www.tiaa.org/public/tiaa-nuveen-privacy) to access the Applicant Privacy Notice.
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.