Associate Director, Principal Transactions

Nuveen Green Capital finances clean energy retrofits and clean new construction on commercial buildings through an innovative program called C-PACE (Commercial Property Assessed Clean Energy). C-PACE is a public-private financing mechanism through which private lenders provide low-cost, long-term funding for energy efficiency, renewable energy and water conservation projects in commercial properties. C-PACE financing is repaid as an assessment on the property's regular tax bill and processed the same way as other local public benefit assessments have been for decades. C-PACE is gaining traction among real estate owners and developers who are incorporating this specialty financing into their capital stacks.

The Associate Director, CPACE Transaction Management plays a critical role in all aspects of project development, including the support of loan origination, transaction management, and underwriting. They will support Nuveen Green Capital as it advances complex commercial projects through to completion. They will also benefit from rapid on-the-job learning, unparalleled strategic input, access to company executives and tremendous growth potential.

Key Responsibilities and Duties

• Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting Nuveen Green Capital's mission to be the Lender of Choice for our clients and partners.
• Preparing term sheets for early-stage deals and assisting with presentation materials when needed.
• Leveraging third-party market research, such as CoStar, to support underwriting assumptions.
• Identifying transaction risks and tracking exceptions to Nuveen Green Capital's underwriting criteria.
• Interfacing with Nuveen Green Capital's credit team and capital markets team to strategize, troubleshoot deals and obtain approvals.
• Completing loan files accurately and thoroughly.
• Independently managing a diverse pipeline of C-PACE projects of various complexity, from term sheet to close.
• Communicating internally with originations, credit, capital markets, legal, and asset management teams and externally with clients, partners and third-party service providers to keep the deal team on track for key milestones and closing.
• Diligently working to ensure seamless execution and closing of large financing opportunities.
• Working with mortgage holders and prospective mortgage lenders to expand C-PACE awareness in the market and gain consent for C-PACE financing.
• Developing relationships with developers, building owners, and other industry stakeholders.
• Leading client meetings and prospecting conversations, independently sourcing new business.
• Increasing market awareness of Nuveen Green Capital Partners with the finance team and technical reviewers; obtains financial and technical documentation related to C-PACE projects.
• Assisting with the development of new products.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

7IC

QUALIFICATIONS

Required:

• 3+ years of strong commercial real estate credit background with principal transaction experience

Preferred:

• 5+ years of strong commercial real estate credit background with principal transaction experience
• Knowledge of C-PACE
• Bachelor's degree
• Ability to clearly articulate a thought process

Related Skills

Base Pay Range: $118,100/yr. - $165,000/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 www.Nuveen.com

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.

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.

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