TIAA Associate Research Analyst, Taxable Fixed Income in San Francisco, California
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
The Taxable Fixed Income Research Associate supports the process of obtaining, organizing and analyzing Taxable Fixed Income market-related information from internal and external sources. Working under general supervision, this job monitors, researches and analyzes markets and trends to support investment decisions and optimize Taxable Fixed Income business.
Key Responsibilities and Duties
Conducts research analysis on specific organizations, securities, financial products, and the overall economic environment to optimize Taxable Fixed Income business.
Monitors, researches and analyzes relevant economic, industry, and company data and market trends, preparing reports and developing models to support investment decisions.
Builds models and acquires, assembles, and normalizes research data sets to support Taxable Fixed Income portfolios.
Assists in additional studies of industry groups or individual securities by searching for, compiling and analyzing data.
Develops research methodologies and information sources to improve Taxable Fixed Income research.
Works with investment staff of financial institutions to analyze performance of money management departments.
Produces high quality research documentation within required timeframe to support Taxable Fixed Income investment decisions.
Edits and prepares research materials and results for dissemination.
Identifies opportunities to improve research quality for Taxable Fixed Income portfolio.
- University (Degree) Preferred
- 2 Years Required; 3 Years Preferred
- Physical Requirements: Sedentary Work
Nuveen Investment’s Leveraged Finance team is seeking to hire an associate analyst to focus on the domestic leveraged finance market, which includes leveraged loans, CLOs, high yield, and convertibles. The Leveraged Finance platform at Nuveen applies a collaborative and team-based approach to rigorous fundamental underwriting across the capital structure and risk spectrum, from higher quality non-investment grade to distressed situations. The team’s philosophy is to invest in liquid capital structures, both long and short, where relative value dislocations and event driven catalysts exist. Leveraged Finance manages $34 billion in AUM, and its investment strategies include hedge funds, separately managed accounts, comingled strategies and sub-advisory mandates for both retail and institutional clients, including Nuveen’s parent company, TIAA-CREF.
Working closely with senior analysts in preparing analyses for the underwriting of potential primary and secondary investments, both long and short, including participating in investor presentations and management meetings, analyzing business drivers and risks, building financial models and capital tables, and drafting investment write-ups.
Supporting senior analysts from the Leveraged Finance credit research team to effectively manage and monitor investments in leveraged loans, high yield, distressed and convertibles, including updating financial models, participating in earnings and management calls and inputting data into proprietary research systems.
Assuming primary coverage of investments and subsectors over time, with responsibility to make recommendations on positions and generate new ideas within coverage universe.
Assisting with ESG analysis and monitoring of portfolio investments for ESG risk.
Required Qualifications Section:
- 2 years min of experience in investment banking, sell-side or desk credit research, or leveraged finance capital markets
Preferred Qualifications Section:
Proficiency in Excel; working knowledge of Bloomberg preferred
Strong quantitative, analytical and financial modeling abilities
Self-starter with the ability to work well under pressure, prioritize and multitask
Strong communication and writing skills
High attention to detail
Potential Salary: $130,500.00 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).
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) .
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