Taxable Fixed Income Research Associate

$67,300 - $105,000/Yr

TIAA - New York, NY

Full-time - Entry Level

New York, NY

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

About the position

Nuveen's Global Public Fixed Income Research team is seeking a junior research analyst who will support the senior research analysts and portfolio management teams for a three-year assignment. The global sovereign and emerging markets corporate debt team applies a collaborative approach to rigorous fundamental research and credit underwriting of emerging market governments and companies across the credit rating spectrum. In addition to applying a variety of analytical tools relevant to the analysis of new investment opportunities along with ongoing surveillance of the portfolio, you will have the opportunity to interact with issuers, investment banks, rating agencies, and other industry participants. As a junior research analyst, you will work closely with senior analysts in preparing analyses for the underwriting of potential primary and secondary investments for sovereign and corporate issuers. Your activities will include participating in investor presentations and management/country delegation meetings, analyzing business and economic drivers and risks, building financial models, and drafting investment write-ups. You will also support and perform active surveillance of portfolio holdings to identify fundamental trends, make investment recommendations, and follow research operating procedures. This will involve updating financial models and economic data, monitoring economic and political events in developed and emerging market countries, and inputting data into proprietary research systems. Additionally, you will assist with ESG analysis and monitoring of portfolio investments for ESG risk. Collaboration with teams on the production of ad hoc reports and presentations will be essential, including aggregating portfolio data and benchmark data. This role offers a unique opportunity to develop your skills in a dynamic environment while contributing to the team's success in managing fixed income investments.

Responsibilities

• Work closely with senior analysts in preparing analyses for the underwriting of potential primary and secondary investments for sovereign and corporate issuers.
• Participate in investor presentations and management/country delegation meetings.
• Analyze business and economic drivers and risks.
• Build financial models and draft investment write-ups.
• Support and perform active surveillance of portfolio holdings to identify fundamental trends and make investment recommendations.
• Update financial models and economic data.
• Monitor economic and political events in developed and emerging market countries.
• Input data into proprietary research systems.
• Assist with ESG analysis and monitoring of portfolio investments for ESG risk.
• Collaborate with teams on the production of ad hoc reports and presentations, including aggregating portfolio data and benchmark data.

Requirements

• Strongly prefer prior work experience in investment banking, sell-side or desk credit research, buy-side fixed income research, macroeconomic policy research, financial accounting or audit, or emerging markets capital markets.
• Interest in emerging market and international issues.
• Prior experience in emerging markets or macroeconomic analysis preferred.
• Proficiency in Excel; working knowledge of Bloomberg preferred.
• Strong quantitative, analytical and financial modeling abilities.
• Self-starter with the ability to work well under pressure, prioritize and multitask.
• Strong communication and writing skills.
• High attention to detail.
• Collaborative working style, team oriented.

Nice-to-haves

• Experience in asset valuation, capital markets, communication, credit analysis, data analysis, financial modeling, fixed income investments, investment research/analysis, market/industry dynamics, research synthesization, sector expertise, underwriting.

Benefits

• Comprehensive Total Rewards package designed to make a positive difference in the lives of associates and their loved ones.
• Superior retirement program.
• Highly competitive health, wellness and work-life offerings.