Real Estate Senior Associate, Sydney in Sydney, Australia

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. 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 www.Nuveen.com

Overview of the Role

The Senior Associate provides support across the core functions of Nuveen Real Estate business in Australia, including Equity Investment and Asset Management (including acquisition, valuations, research, asset budgeting and performance).

In addition, this role provides support to the Portfolio Management and Investment teams in Australia and Asia as needed. Supports business growth of Nuveen Real Estate by providing analysis support for new investments (initial screening and underwriting) and forecasting existing investments alongside and in consultation with other key team members.

Key responsibilities will include:

• Initial screening and input into team discussion and review for acquisition and disposition requirements in Australia

• Creating acquisition cash flow models and analysis of relevant investment opportunities for the General Account and 3rd party investment management business including sensitivity analysis, population of international tax, leverage and currency models including buy/sell/hold analysis.

• Modeling in Excel, Forbury and ARGUS Enterprise real estate asset models

• Modelling of real estate debt including ISCR and LTV analysis for all investments

• Maintaining regular contact and networking with Australian real estate investment market professionals, valuers and research houses to assist in the analysis of institutional commercial real estate opportunities and promote the Nuveen Real Estate corporate profile at every opportunity.

• Leading the Quarterly/semi-annual external Valuation process

• Supporting contract negotiations, due diligence, project management, investment committee approvals, finance and closing transactions

• Supporting the property business planning and budget process with the asset management team including portfolio performance monitoring and valuations (both independent and internal), assist the budgeting and financial modelling, sensitivity analysis, divestment and modelling and evaluation

• Supporting the delivery of regular market updates and educational team meetings, including but not limited to relevant research, legal firms or industry contacts that wish to interact with Nuveen Real Estate in Australia

• Contributing to Investment Committee papers for new acquisitions, dispositions and other major business decisions

• Maintaining and updating quarterly economic and market snapshot in close collaboration with relevant research professionals based in Australia, London and Asia and providing real estate research analysis to the Real Estate team including monitoring Australian real estate investment market sales and leasing activity

• Participating in regular site inspections to better understand key economic drivers and investment markets

• Participating in and contributing to pipeline discussions and teleconferences as required

• Providing operational support where required, particularly across the risk management and compliance function in establishing processes and procedures

• Building strong relationships with other Nuveen Real Estate and TIAA businesses across Asia, UK, Europe and the US as appropriate

Technical Skills & Qualifications Required

• Advanced academic standing, preferably in real estate, business, accountancy finance, or legal disciplines

• Minimum 5 years related work experience within the funds management or property industry, with a combination of housing, office, retail, industrial, development and real estate debt market understanding.

• Advanced Microsoft office skills including advanced Excel, PowerPoint, valuation software and an aptitude to learn new systems and database quickly

• Strong understanding of major investment markets across all property sectors, including debt and real assets

• Strong oral and written communication skills

Competencies Required

• Strong analytical skills and proven ability to create and run detailed financial analysis for international real estate investment

• Ability to operate across business functionalities when required

• Excellent organisational and time management skills, with a proven ability to set and work to priorities and deadlines

• Ability to work independently with minimal supervision

• Ability to work well within a small team environment and across various levels within the organization

• Proven ability to focus on client/investor requirements

Additional Information

This role requires no regulatory designation.

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

Nuveen 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. Please contact ta@nuveenglobal.com should you require any assistance

This role requires no regulatory designation.

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

Nuveen 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. Please contact ta@nuveenglobal.com (ta@nuveenglobal.com%20) should you require any assistance.

Related Skills

Construction Management, Due Diligence, Financial Acumen, Financial Analysis, Financial Risk Management, Financial Statements, Market/Industry Dynamics, Organizational Savviness, Real Estate Investments, Real Estate Property Management

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Company Overview

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. 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 www.nuveen.com

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: accessibility.support@tiaa.org

Privacy Notices

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

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

For Applicants of TIAA Global Capabilities, click here (https://www.tiaa.org/public/support/privacy/tiaa-global-capabilities-privacy-notice) .

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

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 (https://www.tiaa.org/public/tiaa-nuveen-privacy) .

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

• For Applicants of TIAA Global Capabilities, click here (https://www.tiaa.org/public/support/privacy/tiaa-global-capabilities-privacy-notice) .

• For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.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 (https://assets.phenompeople.com/CareerConnectResources/TIAAGLOBAL/documents/22-088_EEOC_KnowYourRights-1688394514088.pdf)

Pay Transparency

Philadelphia Ban the Box (https://www.phila.gov/media/20210423160847/Fair-Chance-Hiring-law-poster.pdf)