Alternative Investments, Product Manager

TIAA; New York (NY); On-site; USD 162,000 - 205,000; Full time

Job summary

Nuveen is seeking a Product Manager, Alternatives to lead the development and launch of DC-focused alternative investment products. You will coordinate with investment, legal, marketing, and distribution teams to ensure competitive positioning and successful go-to-market execution.

Responsibilities include structuring CITs and other vehicles, ensuring regulatory compliance, and driving cross-functional project timelines within the DC channel.

Qualifications

• Bachelor's degree required.
• 5+ years of defined contribution or alternative investments product development experience.
• Experience leading end-to-end development and launch of investment products for DC or alternatives.

Responsibilities

• Leads end-to-end development and launch of alternative investment products for the DC channel, including proprietary strategies and partnerships.
• Develops strategic product plans evaluating CITs and other structures, including implementation, marketing, and sales components.
• Serves as SME on alternative products for DC, engaging with plan sponsors, consultants, and clients for due diligence and client servicing.
• Partners with Retirement Product team and distribution to align on product strategy, positioning, and go-to-market.

Skills

Commercial Mindset

Consultative Communication

Continuous Improvement Mindset

Investment Strategy Acumen

Market/Industry Dynamics

Nuveen Products/Services Acumen

Product Design

Product Development

Product Management

Product Opportunity Assessment

Product Performance/Improvement

Research Synthesization

Technical Writing

Education

Bachelor's Degree

Job description

Product Manager, Alternatives

Will develop, structure, position, and implement alternative investment strategies intended to serve TIAA's Defined Contribution client base. Will be responsible for the launch of dedicated alternative products for the DC channel, including proprietary products and third-party partnerships. This leader will assess and maintain the competitiveness of established and emerging product offerings from both an investment and business performance perspective. The role will achieve results through idea generation and deep collaboration with the Retirement Product team, distribution, senior investment management, legal & compliance, marketing, operations, and finance personnel.

Key Responsibilities and Duties

• Leads the end-to-end development and launch of alternative investment products designed specifically for the DC channel, including both proprietary strategies and partnership-based solutions.
• Creates strategic product plans that evaluate and refine alternative investment vehicles, including Collective Investment Trusts (CITs) and other relevant structures, based on financial, regulatory, operational, and market considerations; plans will include implementation, marketing, and sales components.
• Serves as the primary subject matter expert on alternative products for the DC channel, engaging directly with plan sponsors, consultants, and clients for due diligence, client servicing, and new business purposes.
• Partners closely with the Retirement Product team and distribution to ensure alignment on product strategy, positioning, competitive differentiation, and go-to-market execution.
• Drives overall launch and implementation of new alternative DC products by coordinating cross-functional teams and managing project timelines; includes managing the internal governance and approval process.
• Develops and maintains deep knowledge of DC-specific investment vehicle structures, with particular expertise in CITs, and an understanding of regulatory, operational, and plan sponsor requirements associated with each.
• Oversees and evaluates the competitive positioning of alternative DC products relative to the broader market; identifies product gaps and opportunities, and develops recommendations for organic development or external partnerships to address them.
• Leads product positioning efforts, developing clear and compelling investment rationale and client-facing materials that communicate the role of alternatives within a DC portfolio context.
• Ensures all products are compliant with applicable regulatory requirements and align with TIAA's risk management and governance standards.

Educational Requirements

• Bachelor's Degree Required

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

8IC

Required Qualifications

• Minimum 5+ years of defined contribution or alternative investments product development experience

Preferred Qualifications

• 7+ years of defined contribution or alternative investments product development experience
• Alternative investments product experience
• Asset management experience
• Demonstrated ability to build relationships and influence stakeholders across a matrixed organization

Related Skills

Commercial Mindset, Consultative Communication, Continuous Improvement Mindset, Investment Strategy Acumen, Market/Industry Dynamics, Nuveen Products/Services Acumen, Product Design, Product Development, Product Management, Product Opportunity Assessment, Product Performance/Improvement Monitoring, Research Synthesization, Technical Writing

Anticipated Posting End Date

2026-11-21

Base Pay Range

$162,000/yr - $205,000/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).

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Company Overview

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

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 Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.

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