Associate - II, Leverage Finance - Nuveen Global Investment Operations

Associate - II, Leverage Finance - Nuveen Global Investment Operations
The successful candidate will be an experienced, energetic, and contributing member of a highly driven group of professionals focused on settlements, Loan and CLO Operations. This person will work as a part of a dynamic team in a rapidly growing Leveraged Loan and CLO trading environment. The individual is expected to possess strong problem solving and analytical skills, as well as a thorough understanding of leveraged loan and CLO operations

Key Responsibilities and Duties

• Complete various loan administration tasks, including trade processing, loan reconciliations, and trade settlement.

• Assist Trustees, Loan Administrators, Legal, Tax, and Compliance with regards to trade confirmations, allocations, KYC documentation, settlements, metrics, and industry initiatives.

• Communicate effectively with traders/business partners at all levels and build strong working relationships

• Support the settlement process of loan syndications, secondary loan trades, CLO’s, and restructures, including funding and documentation matters.

• Research and respond to ad-hoc inquiries on discrepancies – position breaks, price

• Ensure adherence to compliance and regulatory requirements

• Reconciliation in BBG Aim for Bank loans & Leverage Loans.

• Work directly with IT or vendors to resolve any technical issues

• Ensure all process and audit trail documentation is up-to-date at all times

• Perform yearly SOP review and process documents.

• Conduct process enhancement forums within team.

• Actively provide input to and implement process improvements

• Identify, escalate, and thereby proactively manage delivery risks

• Maintain and provide timely and accurate MI of process performance and risk

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC

Key Skills & Requirements

Leveraged Finance & Capital Markets Operations

• Strong understanding of leveraged finance products, loan syndications, and settlement processes

• Experience with cash reconciliations, position tracking, and investment portfolio operations

• Knowledge of credit agreement structures, covenant monitoring, and restructure processing

Reconciliation & Cash Management Expertise

• Proficient in cash reconciliations and multi-level reconciliations across systems and custodians

• Ability to investigate and resolve breaks, discrepancies, and data inconsistencies

• Experience implementing reconciliation controls and ensuring audit compliance

CLO & Loan Operations Knowledge (Optional)

• Experience with CLO reporting and investor deliverables

• Familiarity with syndicated loan structures, facility agreements, and agent bank operations

• Understanding of loan servicing activities including drawdowns, repayments, amendments, and restructures

Technical & Automation Skills

• Advanced Excel skills including VBA macros for data analysis and process automation

• Experience with business applications (PowerApps, Power Automate) preferred

• Ability to identify inefficiencies and create solutions to streamline workflows

Communication & Stakeholder Management

• Excellent written and verbal communication skills with ability to explain complex transactions clearly

• Proven ability to collaborate with Investment teams, Risk, Legal, external auditors, and custodians

• Strong interpersonal skills to manage stakeholder expectations and resolve issues proactively

Primary Responsibilities

• Execute daily S&P cash reconciliations and resolve exceptions across leveraged finance portfolios

• Prepare and deliver timely CLO reporting to investors and stakeholders

• Process loan restructures, amendments, and covenant modifications

• Maintain accurate accounting records and ensure data integrity

• Develop automation solutions to enhance operational efficiency

• Ensure compliance with accounting standards, internal controls, and regulatory requirements

• Communicate breaks and resolution status to relevant parties

Shift Timings : 3.30pm to 4.30am (any 9hours between these timings as per the Business requirement)

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

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

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.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

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]

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