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Nuveen Investments Director, Structured Loan Closing- Nuveen Real Estate in San Francisco, California

The Director, Loan Closing will work closely with loan originators, borrowers, correspondents and counsel to quarterback loans through the closing process and ensure all underwriting and closing requirements are met.

He / she will possess strong knowledge of key loan documents in order to negotiate loan terms and manage the closing needs of a complex portfolio of commercial real estate loans (i.e. knowledge of documentations associated with selling A Note positions in senior loans, contributing senior loans to a collateralized loan obligation ("CLO") vehicle, and bank loan regulations). This person will be able to identify potential closing issues on complex transactions and demonstrate ability to formulate creative solutions to ensure tight deadlines are met.

Key Responsibilities and Duties

  • Work with the Surveillance/Asset Management to ensure smooth transition of the asset after closing.

  • Negotiate loan document business terms and participate on closing checklist calls with borrowers, and external and internal business partners.

  • Prepare DSCR analysis, closing memos, Asset Summary Reports, and verify compliance with company procedures and prepare loan modification memos.

  • Review leases, estoppels, SNDAs, zoning reports, appraisal, engineering and environmental reports.

  • Review and approve property inspection reports prior to loan closings.

  • Review settlement statement to ensure all fees and expenses are accurate and documented.

  • Monitor and administer post-closing obligations, trigger events and loan covenants.

  • Oversee construction loan draw packages.

Educational Requirements

  • Bachelor's Degree Required

  • Master's Degree Preferred

Work Experience

  • 3+ Years Required; 5+ Years Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work

Career Level

7IC

Required Qualifications:

  • 3 years of experience independently managing the commercial real estate loan closing process

Preferred Qualifications:

  • 10 years of commercial real estate loan closing experience

  • Strong knowledge of senior and subordinated transitional floating debt, construction loan structures, and workout experience

  • Master’s Degree or CFA a plus.

  • Highly organized, detail oriented, self-motivated team player with positive work ethic and comfort working independently in a fast paced, demanding environment.

  • Willing to travel as needed to assist in property related and investment related analysis and decision making.

Potential Salary: $195,000.00 USD

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).Â


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

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 (https://www.dol.gov/general/topics/posters) .

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.Â

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:Â

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For residents of California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) to access the TIAA CA Applicant Privacy Notice.

For residents of the EU / UK, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) to access the EU / UK Pre-employment Notice.

For all other residents, click here (http://www.tiaa.org/public/tiaa-nuveen-privacy) to access the Applicant Privacy Notice.

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.

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