Taxable Fixed Income Research (RMBS) Residential Whole Loan Associate

• Daily proactive management of loan acquisition process, including liaising with clients, coordinating with key internal partners, third parties, loan servicers.
• Evaluating analytics supporting pricing activity and best-ex analysis.
• Completing pricing analyses and coordinating all steps needed for an efficient and timely closing of each deal.
• Respond efficiently and effectively to client and internal inquiries.
• Evaluate and underwrite new originator opportunities and manage onboarding process.
• Coordinate origination and closing process end-to-end, including receipt of all necessary documentation from clients and due diligence to review investments.
• Perform detailed collateral analysis on all residential mortgages.
• Use stratifications and other reporting tools to effectively convey pool characteristics, concentrations, distributions, and risks. Proactively determine missing, incomplete, and inaccurate information.
• Assist with the underwriting development process, including identifying thorough financial packages for underwriting purposes, proactively identifying and solutioning potential underwriting issues, and detailed credit risk analysis.
• Respond to data quality questions and research/resolve all issues.
• Reporting and tracking whole loan pipeline management and trading.
• Perform ad hoc reporting as needed on the Securitized Products Research team.
• Promote a culture of innovation by continuously challenging the staff to seek out process improvement initiatives, automation enhancements and idea generation to ensure the transactions are being run optimally.
• Surveil and optimize database management and reporting between multiple source data.
• Identify and structure mortgage loan opportunities during conversations with clients, originators and/or other integrated team members.
• Partner with senior Mortgage Specialists to market and promote Nuveen mortgage solutions platform including commercialization of whole loan investment strategies.

• University (Degree) Preferred, * Minimum 2+ years of experience in fixed income research and investments, * 3+ years of experience in securitized products loan-level analysis
• Background in residential mortgage investing or analytics is strongly preferred
• Proficiency in industry-standard tools including Excel, Bloomberg, INTEX, and Yieldbook
• Database management skills and/or some coding experience is a plus

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

Base Pay Range: $116,000/yr - $162,000/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).

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.

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.

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