Nuveen Associate Portfolio Manager, Target-Date Multi-Asset (TDMA)

Company: TIAA
Location: Pasadena
Posted on: March 29, 2025

Job Description:

Assoc Portfolio Mgr, Target-Date Multi-AssetThe Associate Portfolio Manager, Target-Date Multi-Asset forges a link between the portfolio management process and the broader asset management infrastructure. The portfolios include target-date funds, Environmental, Social, and Governance (ESG) focused portfolios, substantial variable annuity accounts and general multi-asset portfolios. As a subject matter expert in Multi Asset Class Portfolio Management, this job owns the daily portfolio management process for multi-asset portfolios.Key Responsibilities and Duties

• Analyzes and understands accounting processes to establish correct Start-of-Day positions.
• Performs ongoing property valuations, develops strategies for maximizing value, and creates hold/sell analysis in partnership with the assigned sector team.
• Uses formal portfolio optimization and other tools to form trading plan for the day.
• Analyzes and understands the links needed to execute the daily trading plan.
• Analyzes and understands all post-trade processes to generate correct End-of-Day positions.
• Coordinates daily portfolio management responsibility across the Target-Date Multi-Asset team.Educational Requirements
  • University (Degree) PreferredWork Experience
    • 5+ Years Required; 7+ Years PreferredPhysical Requirements
      • Sedentary WorkCareer Level8ICTHE COMPANY:Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with $1.2T assets under management and with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and private markets such as real estate, real assets (infrastructure, timber & farmland), private equity and private credit.As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at POSITION SUMMARY:The Associate Portfolio Manager builds and supports models and processes used in the management of the greater than $100B in Nuveen multi-asset portfolios. The portfolios include award winning target-date funds, model portfolios, variable annuities (CREF), and separate accounts. Portfolios invest in public equity & fixed income, alternatives (real estate), and annuities (TIAA). The role spans the investment process, from executing daily portfolios to communicating research and investment processes.KEY RESPONSIBILITIES:
        • Build and support models and processes used in the management of multi-asset portfolios.
        • Processes include portfolio construction, risk analysis, and manager analysis.
        • Contribute to team research projects that span the entire investment process.
        • Take on primary responsibility for specific aspects of the team's process.
        • Work with groups across Nuveen to ensure success of TDMA platform.
        • Communicate team research and processes to internal and external stakeholders.MINIMUM QUALIFICATIONS:
          • 5 to 7 years' experience supporting multi-asset portfolios.
          • Bachelor's degree in finance, accounting, engineering, computer science or related fields with proven academic success.
          • Quantitative focus preferred. CFA, CIMA, CFP, MS, MBA, or PhD also preferred.
          • Experience in multi-asset research, investments or rating agencies.
          • Committed self-motivated individual who can demonstrate initiation and problem-solving abilities.
          • Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail.
          • Knowledge of programming (Python) preferred.Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable state and local laws, including the City of Los Angeles Fair Change Initiative for Hiring ordinance.Anticipated Posting End Date: 2025-03-31Base Pay Range: $138,800/yr. - $205,000/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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Keywords: TIAA, Pasadena , Nuveen Associate Portfolio Manager, Target-Date Multi-Asset (TDMA), Executive , Pasadena, California