Fixed Income Research Analyst - Leveraged Finance

Nuveen's Leveraged Finance team is seeking to hire an experienced industry coverage analyst across leveraged loans, high yield, and convertibles. The Leveraged Finance platform at Nuveen applies a collaborative and team-based approach to rigorous fundamental underwriting across the capital structure and risk spectrum, from higher quality non-investment grade to distressed situations. The team's philosophy is to invest in liquid capital structures, both long and short, where relative value dislocations and event driven catalysts exist. Leveraged Finance manages $42 billion in AUM, and its investment strategies include hedge funds, separately managed accounts, comingled strategies and sub-advisory mandates for both retail and institutional clients, including Nuveen's parent company, TIAA-CREF.

Key Responsibilities and Duties

Assume primary coverage for sectors in the non-investment grade universe

Build and maintain views and recommendations for long and short investments across the risk spectrum, from high quality BB to stressed situations

Underwrite new issues and secondary ideas across loans, high yield and convertible bonds, both from a long and short perspective

Actively monitor investments and taking predictive approach to managing risk exposures

Perform ESG analysis and monitoring for portfolio companies; engage management teams on ESG related issues

Educational Requirements

University (Degree) Preferred

Work Experience

3+ Years Required; 5+ Years Preferred

Physical Requirements

Physical Requirements: Sedentary Work

Career Level

7IC

Required Qualifications:

Minimum of 3+ years of experience covering leveraged loans and/or high yield

Preferred Qualifications:

5+ years of experience covering leveraged loans and/or high yield

Experience covering the metals and mining and/or aerospace and defense sectors

Mastery of Excel and Bloomberg

Strong critical thinking skills with deep understanding of business drivers and risks

Proactive and predictive approach to managing investment risk

Self-starter with the ability to work well under pressure, prioritize and multitask

Strong communication and writing skills; ability to clearly and succinctly articulate thesis and views

Accurate and strong attention to detail

Related Skills

Asset Valuation, Capital Markets, Collaboration, Communication, Credit Analysis, Data Analysis, Financial Modeling, Fixed Income Investments, Investment Research/Analysis, Investments, Market/Industry Dynamics, Research Synthesization, Sector Expertise, Underwriting

Anticipated Posting End Date:

2024-10-26

Base Pay Range: $118,100/yr. - $180,000/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 ***

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 (/tiaa.org/public/pdf/benefits-at-a-glance.pdf) .

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here (/dol.gov/general/topics/posters) .

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: ***

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TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (/tiaa.org/public/tiaa-nuveen-privacy) .

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (/tiaa.org/public/tiaa-nuveen-ca-privacy) .

For Applicants of Nuveen residing in Europe and APAC, please click here (/tiaa.org/public/nuveen-eu-uk-privacy) .

Nondiscrimination & Equal Opportunity Employment

TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

EEO is the Law (***/CareerConnectResources/TIAAGLOBAL/documents/22-088_EEOC_KnowYourRights-***8.pdf)

Pay Transparency

Philadelphia Ban the Box (/phila.gov/media/***47/Fair-Chance-Hiring-law-poster.pdf)