Sr. Associate, Private Placements Workouts

Private Placements Workouts
The Senior Associate, Private Placements Workouts role contributes to working through existing distressed situations to maximize recoveries.
Key Responsibilities and Duties

• Prepares research and analysis of companies and situations that are facing financial stress, including providing recovery and upside/downside analyses.
• Participates in ad hoc lender group and steering group calls, liaising and dialoguing with restructuring advisors and restructuring counsel on a regular basis.
• Engages and communicates regularly with Portfolio Managers on workout and special situation names within portfolios.
• Manages relationships with restructuring advisors, restructuring lawyers, distressed sell side traders and analysts, and buy-side competitors.
• Works with shared services and other stakeholders to prepare client updates on troubled deals.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Career Level
6IC

Qualifications

• 3+ years of workout/restructuring experience.
• Experience managing troubled situations, workout negotiations, and restructuring and exit strategies.
• In-depth knowledge and understanding of fundamental credit investing, including high-yield, stressed, distressed, and special situation opportunities.
• Deep experience with private placement note documentation.
• Thorough understanding of financial and credit analysis, valuation, private credit transaction structuring, and fundamental research .
• Excellent communication and interpersonal skills.
• Strong problem-solving skills, analytical, and with strong attention to detail.
• Bachelor’s degree strongly preferred; MBA or CFA is a plus.

Related Skills

Accountability, Asset Valuation, Capital Markets, Communication, Consultative Communication, Credit Analysis, Financial Markets, Investment Research/Analysis, Negotiation, Private Placement Investments, Underwriting

Anticipated Posting End Date:

2025-05-02

Base Pay Range: $160,000/yr. - $200,000/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). 

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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.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

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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: [email protected]

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