Associate of Debt Strategies

Finsight Group Inc; Greater London; On-site; GBP 70,000 - 120,000; Full time

Job summary

Nuveen Real Estate seeks an Associate of Debt Strategies to support the European Real Estate Debt Team in executing loan transactions from origination to funding in London. The role requires 3–8 years of relevant experience in real estate debt, strong analytical and modelling skills, and the ability to work across the deal lifecycle with senior team members.

English fluency and cross‑border collaboration are essential.

Qualifications

• Between 3 and 8 years of relevant professional experience at an investment bank or a buy-side real estate investment management firm (equity and / or debt).
• BSc, MSc or MBA at a leading university, ideally with a major in finance and / or real estate.
• Demonstrable track record of real estate debt and / or equity transactions underwritten, structured and closed across European countries and asset classes.
• Experience and good understanding of the typical due diligence and legal documentation requirements for non-recourse mortgage secured commercial real estate lending across most European jurisdictions.
• Prior experience with loan-on-loan / back-leverage of loan investments would be very beneficial.
• Excellent quantitative analysis and financial modelling skills.
• Microsoft Office - Excel, Word and PowerPoint proficiency required.
• Experience and interest in coding languages such as VBA or Python would be viewed positively.
• Rigorous attention to detail.
• Professional curiosity and a keen interest in real estate investment and finance in general.
• Ability to work proactively, multi-task and manage priorities effectively and independently across various deadlines, with minimal guidance and supervision.
• Strong oral and written English language skills.
• Proficiency in one or more other key European languages, particularly: German, Spanish, French, Dutch or Italian in line with key target markets would be viewed favourably.
• Presentation and communication skills (oral and written).
• Critical thinking.
• Ability to explain and summarise complex ideas and concepts.
• Project management and organisational skills are essential.
• Networking and communication – with investors, borrowers, service providers, and internally.
• Professional maturity, self-confidence and business judgement.
• Act in line with Nuveen Real Estate’s Company Values and integrity to act in the best long-term interest of clients and the company.

Responsibilities

• Initial analysis, loan quote/ term sheet preparation, due diligence, execution, documentation, closing of loans.
• Production and on-going maintenance of complex underwriting financial models covering a variety of asset classes (leased real estate assets, living / residential assets, operating assets) and leverage structures.
• Preparation of all relevant transaction approval materials, including final investment committee memo.
• Collecting and maintaining loan portfolio data, documents, etc.
• Investor reporting and performance monitoring.
• Preparation and updating of materials for presentation of existing and new strategies to potential investors.
• Play a leading role under the oversight of more senior members of the Debt Team in analysing, structuring, underwriting, preparing all relevant IC materials, executing and closing debt transactions to deliver key investment and risk/reward objectives.
• Mentor and supervise more junior team members.
• Participate and contribute to pipeline maintenance and discussions.
• Provide input to operational support functions where required, including loan, fund and portfolio performance measurement and compliance functions.
• Build strong real estate debt and equity relationships with other Nuveen Real Estate and TIAA businesses across Asia, UK, Europe and the US as appropriate.
• Upon request, contribute to the preparation of marketing materials for the debt platform to raise additional capital from potential investors in collaboration with members of the Global Client Group or Placement Agents.
• Working in conjunction with other members of the Debt Team, maintain complete and well-ordered sets of data, documents and records for loans included in the portfolio.
• Comply with governance, committee and risk management processes.

Skills

Quantitative analysis

Financial modelling

Excel

PowerPoint

Python

VBA

Attention to detail

English language

Education

BSc/MSc or MBA in Finance/Real Estate

Tools

Excel

PowerPoint

Word

Python

VBA

Job description

The Associate of Debt Strategies role is focused on supporting the European Real Estate Debt Team in executing loan transactions from origination to funding. The position requires 3 to 8 years of relevant professional experience, particularly with real estate debt transactions, and strong analytical skills.

The Associate of Debt Strategies role (the “Role”) is within the London-based European Real Estate Debt Team (“Debt Team”). The Debt Team currently comprises twelve investment professionals, eight focused on investment strategies, capital deployment and fundraising and two on managing the portfolio of completed investments, and two covering Capital Markets. The Debt Team operates self-sufficiently within the context of Nuveen Real Estate’s $40B+ global debt business and with the support from functions including Equity / Fund Management, Legal, Global Client Group, Investor Relations, Finance and Research.

The Debt Team in Europe relies on each team member to be able to contribute to the execution of any loan transaction from origination to funding to portfolio management. Critically, the Role therefore requires the ability to assist/support more senior members of the team across the entire value chain of debt investment.

Key responsibilities:

• Initial analysis, loan quote/ term sheet preparation, due diligence, execution, documentation, closing of loans.
• Production and on-going maintenance of complex underwriting financial models covering a variety of asset classes (leased real estate assets, living / residential assets, operating assets) and leverage structures.
• Preparation of all relevant transaction approval materials, including final investment committee memo.
• Collecting and maintaining loan portfolio data, documents, etc.
• Investor reporting and performance monitoring.
• Preparation and updating of materials for presentation of existing and new strategies to potential investors.
• Play a leading role under the oversight of more senior members of the Debt Team in analysing, structuring, underwriting, preparing all relevant IC materials, executing and closing debt transactions to deliver key investment and risk/reward objectives.
• Mentor and supervise more junior team members.
• Participate and contribute to pipeline maintenance and discussions.
• Provide input to operational support functions where required, including loan, fund and portfolio performance measurement and compliance functions.
• Build strong real estate debt and equity relationships with other Nuveen Real Estate and TIAA businesses across Asia, UK, Europe and the US as appropriate.
• Upon request, contribute to the preparation of marketing materials for the debt platform to raise additional capital from potential investors in collaboration with members of the Global Client Group or Placement Agents.
• Working in conjunction with other members of the Debt Team, maintain complete and well-ordered sets of data, documents and records for loans included in the portfolio.
• Comply with governance, committee and risk management processes.

Qualifications & Experience Required

• Between 3 and 8 years of relevant professional experience at an investment bank or a buy-side real estate investment management firm (equity and / or debt).
• BSc, MSc or MBA at a leading university, ideally with a major in finance and / or real estate.
• Demonstrable track record of real estate debt and / or equity transactions underwritten, structured and closed across European countries and asset classes.
• Experience and good understanding of the typical due diligence and legal documentation requirements for non-recourse mortgage secured commercial real estate lending across most European jurisdictions.
• Prior experience with loan-on-loan / back-leverage of loan investments would be very beneficial.
• Excellent quantitative analysis and financial modelling skills.
• Microsoft Office - Excel, Word and PowerPoint proficiency required.
• Experience and interest in coding languages such as VBA or Python would be viewed positively.
• Rigorous attention to detail.
• Professional curiosity and a keen interest in real estate investment and finance in general.
• Ability to work proactively, multi-task and manage priorities effectively and independently across various deadlines, with minimal guidance and supervision.
• Strong oral and written English language skills.
• Proficiency in one or more other key European languages, particularly: German, Spanish, French, Dutch or Italian in line with key target markets would be viewed favourably.
• Presentation and communication skills (oral and written).
• Critical thinking.
• Ability to explain and summarise complex ideas and concepts.
• Project management and organisational skills are essential.
• Networking and communication – with investors, borrowers, service providers, and internally.
• Professional maturity, self-confidence and business judgement.
• Act in line with Nuveen Real Estate’s Company Values and integrity to act in the best long-term interest of clients and the company.

Additional Information

This role requires no regulatory designation.

Pay Transparency

N/A

Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace. Nuveen 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.