Nuveen Leveraged Finance, CLO Research Analyst

$138,800 - $195,000/Yr

TIAA - New York, NY

Full-time - Mid Level

New York, NY

11-50 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The CLO Research Analyst at Nuveen Leveraged Finance plays a critical role in supporting the growth of the CLO platform by conducting detailed credit analysis and financial modeling for CLO tranche investments. This position involves monitoring market trends, performing due diligence, and preparing investment proposals, all while collaborating closely with various teams to optimize investment decisions and enhance research methodologies.

Responsibilities

• Analyzes research on specific organizations, securities, financial products, and the overall economic environment to optimize acquisitions, recapitalizations, and asset purchases.
• Monitors, researches and analyzes relevant economic, industry, and company data and market trends, preparing reports and developing complex models to support investment decisions.
• Builds complex models and acquires, assembles, and normalizes research data sets to support taxable fixed income portfolios.
• Participates in additional studies of industry groups or individual securities by searching for, compiling and analyzing data.
• Develops research methodologies and information sources to improve taxable fixed income research.
• Reviews formal reports and research processes (internal ratings, recommendation lists, watch lists, etc.) that enable the efficient and transparent oversight of the asset class.
• Reviews and approves research materials and results for dissemination.
• Identifies opportunities to improve research quality for taxable fixed income portfolio.
• Perform detailed fundamental credit analysis and financial modeling for CLO Tranche investing; present CLO investment analysis to investment committee.
• Participate on-going monitoring of the new issue and CLO secondary market for investment ideas.
• Assist in the preparation of investment memos, facilitate analysis of new investment opportunities, manager due diligence.
• Monitor and maintain metrics on the firm's CLO portfolio, including on-going surveillance of current positions. Prepare and present detailed surveillance reports on the positions and portfolios managed by the team.
• Present and report on market trends.
• Review and negotiate legal documentation; track legal language regarding CLO investments.
• Collaborate closely with the team's structurers and portfolio managers on the Symphony CLO platform, and business development executives on new projects.
• Assisting in preparation of investment proposals for prospective investors and presentations and or responses to questions from existing investors.
• Support the development of technology business solutions designed to improve internal record, keeping, monitoring, and reporting capabilities.
• Coordinate with the firm's investment operations team.

Requirements

• Bachelor's degree in finance, accounting, engineering, computer science or related fields with proven academic success.
• 5 to 7 years' experience within CLO markets.
• Experience in CLO research, investments or rating agencies.
• Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail.
• Proficient in Intex, Sequel, MatLab, Python.

Nice-to-haves

• Knowledge of programming, etc. preferred.
• Committed self-motivated individual who can demonstrate initiation and problem-solving abilities.

Benefits

• Comprehensive Total Rewards package designed to support financial, physical, emotional, and financial well-being.
• Superior retirement program.
• Highly competitive health, wellness and work-life offerings.