The Private Debt Product Manager will develop, structure, position, and implement private debt focused investment solutions primarily for Nuveen's institutional client base, with a focus on insurance clients who have risk-based capital sensitivities. The candidate will achieve results through idea generation and collaboration with distribution, senior investment management, asset class product leads, legal & compliance, marketing, operations, and finance personnel.
Key Responsibilities and Duties
Leads development, modeling and structuring of investment products including, but not limited to, rated note feeders, collateralized fund obligations and other securitized structures
Product innovation around wrapper types that address the institutional clients needs across asset liability matching, liquidity, and regulatory requirements
Aid global distribution team in the design of comprehensive service solutions
Modeling of structured solutions to estimate potential return ranges across various tranches available to clients
Creates strategic product plans for the insurance channel. The plans will evaluate and refine assigned products, investment vehicles, and their distribution, based on financial, internal capabilities, market, and operational considerations; plans will include implementation, marketing and sales components
Oversees and manages service providers (outside counsel, syndication banks, ratings agencies) as part of product structuring process
Serves as subject matter expert, providing guidance and detailed product information to distribution and clients for due diligence questions, client servicing, offering memoranda, and other purposes
Ensures products are compliant with local regulatory requirements
Educational Requirements
- Bachelor's Degree Required
Work Experience
- 5+ Years Required; 7+ Years Preferred
FINRA Registrations
- SRC Indicator: NRF
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8IC
Required Experience:
- 5+ years of direct experience at an asset manager, insurance company or ratings agency
- 5 + years of direct experience with structured credit or private debt products
- Familiarity with legal documentation of private funds, securitizations or other fund finance products
- Strong proficiency to build excel models of asset-level cash flows and distribution waterfalls and analyze the impact of stress scenarios
- Bachelor of Arts, specializing in business, math or engineering
Preferred Experience:
- Advanced degree in business, law, math or engineering
- CFA, FRM or CAIA designation(s)
- 10+ years of direct experience at an asset manager, insurance company or ratings agency
- Familiarity with regulatory capital considerations across the United States (NAIC), United Kingdom, Europe (Solvency II), Bermuda and local regimes in APAC
- Strong knowledge of private market asset classes, primarily private debt
- Strong analytical skills, attention to detail and client presentation experience
- Desire to work in a team environment
Anticipated Posting End Date:
2025-07-11Base Pay Range: $140,000/yr - $183,540/yrActual 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.
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.
Read more about your rights and view government notices here.
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: [email protected]
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.
For Applicants of TIAA Global Capabilities, click here.
For Applicants of Nuveen residing in Europe and APAC, please click here.
Top Skills
TIAA Charlotte, North Carolina, USA Office
8500 Andrew Carnegie Blvd, Charlotte, NC, United States, 28262
Similar Jobs
What you need to know about the Charlotte Tech Scene
Key Facts About Charlotte Tech
- Number of Tech Workers: 90,859; 6.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lowe’s, Bank of America, TIAA, Microsoft, Honeywell
- Key Industries: Fintech, artificial intelligence, cybersecurity, cloud computing, e-commerce
- Funding Landscape: $3.1 billion in venture capital funding in 2024 (CED)
- Notable Investors: Microsoft, Google, Falfurrias Management Partners, RevTech Labs Foundation
- Research Centers and Universities: University of North Carolina at Charlotte, Northeastern University, North Carolina Research Campus