Lead Levfin CLO Operations Analyst

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

Nuveen is a global investment manager that works in partnership with our clients to create outcome-focused solutions to help them reach their goals for their financial future.

Key Responsibilities and Duties

• Provides senior support for LevFin CLO analytic and collaborate with other colleagues in various locations to ensure quality of reporting & data provided to investment team and various other users of this information.

• Functions as one of the key contacts with trustees and agent banks in relation to issues and resolution of problematic discrepancies with custodians, trustees, agent banks, and/or counterparties.

• Evaluate and validate the accuracy of collateral quality, concentrations and coverage tests.

• Review CLOs waterfalls and validate management, trustees, and other fees.

• Confirm the accuracy of various test results calculations according to CLOs indentures.

• Organize the maintenance of all Leverage Finance activity (interest rate resets, principal repayments, principal drawdowns, margin changes) in all Leverage Finance systems.

• Assist in WSO data, transactions discrepancies and liaise with service provider to resolve issues.

• Review cash/currency positions and assess potential FX spot and forward adjustments and communicate to front office as appropriate.

• Deliver cashflow projections to portfolio managers, analysts, and Leverage Finance Operations.

• Assess and address training needs of staff in current and future-state assets and systems.

• Liaise with managers in documentation process requirements and updating of procedures for Leverage Finance CLO analytics.

• Assist with the creation, tracking, and reporting of metrics for the Leverage Finance Operations team.

• Provide a senior support for CLO closing reconciliation, fund liquidation & onboarding new funds.

• Ensuring integrity of all assets attributes in systems and following up with all parties for updates.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

7IC

Nuveen is seeking a dynamic senior investment operations analyst for LevFin CLO Operations Analyst. This role will be a part of Nuveen Global Investment Operations and will report into VP, LevFin CLO Analytic Ops Manager. The LevFin Senior Operations Analyst will be part of a growing team of associates responsible for assisting in LevFin CLO analytic, monthly and quarterly reporting, CLO closing and redemptions. In addition, the analyst will be assisting in supporting LevFin operations strategic initiatives and other operational strategy for supporting the growth of the business.

The Nuveen Global Investment Operations team provides operational support for investment activities across Nuveen and its affiliates and plays a leadership role in the transformation of how services are delivered to our internal clients. This includes the continued integration of affiliates onto future state platforms, consolidation and validation of data, process improvement and risk mitigation, and the implementation of new capabilities to support the rapid growth of assets under management and the complexity of assets managed. Stakeholder identification, engagement, and communication are an essential component of successful outcomes.

Required Skills:

• 3 or more years of work experience with syndicated leveraged loans.

• Expertise in reading and interpreting CLO indentures.

• Understanding of validating Coverage, Collateral Quality & Concentration tests.

• Ensuring data and cash reconciliations integrity including updating systems.

• Knowledge of Wall Street Office (WSO) and ClearPar is required.

• Understanding of syndicated loans and CLOs life cycle.

• Knowledge of bank loan restructuring and impacts on principal and cash.

• Coordinating with trustees, agents, and investment teams.

• Knowledge of processing and obtaining agent notices for monthly and quarterly activities for loans.

• Adaptable to current and new technologies.

• Knowledge of workflow automation tools and ability to quickly learn processes desired.

• Ability to grasp the full understanding of a task, analyze its effectiveness and efficiencies, and professionally instruct the necessary changes to re-engineer the process.

Preferred Skills:

• Ability to work dynamically with global collaboration within LevFin operations team.

• Excellent written and verbal communication, interpersonal and conflict resolution skills.

• Ability to conduct complex analysis and present data in a meaningful way.

• Open minded, flexible, and willing to listen to and incorporate other colleagues' opinions in team projects.

• Strong organizational skills necessary to meet deadlines, prioritize projects, multi-task, and assist other team members on organizing daily workflows.

• Excellent research & analytical as well as problem solving skills.

#NuveenTechOps

Related Skills

Business Analysis, Business Process Improvement, Business Process Understanding, Collaboration, Consultative Communication, Negotiation, Nuveen Products/Services Acumen, Organizational Savviness, Project Management, Vendor / Partner Management

Anticipated Posting End Date:

2024-04-01

Base Pay Range: $97,800/yr. - $148,000/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).

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

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Read more about the Equal Opportunity Law here.

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