Managing Director, Client Portfolio Manager (Municipals)

TIAA; California; Hybrid; USD 125,000 - 180,000; Full time

Job summary

An established industry player seeks a Municipal Client Portfolio Manager to support municipal strategies and engage with clients. This dynamic role requires expertise in municipal markets, strong communication skills, and the ability to manage multiple projects. You will collaborate with investment and marketing teams to enhance product offerings while educating clients on investment philosophies. This is a hybrid position that allows for flexibility, making it ideal for someone looking to make a significant impact in the investment sector. Join a forward-thinking organization that values your contributions and supports your career growth.

Benefits

Comprehensive retirement program

Competitive health and wellness offerings

Work-life balance initiatives

Qualifications

• 5+ years of experience in municipal strategies and client engagement.
• Strong ability to manage multiple projects and meet deadlines.

Responsibilities

• Support municipal strategies by explaining investment philosophy to clients.
• Partner with various teams to identify market trends and sales opportunities.

Skills

Knowledge of municipal market fundamentals

Strong project management skills

Ability to sell and service clients

Strategic and creative thinking

Strong communication skills

Education

Bachelor's degree

MBA, CIMA, CFP, CFA

Job description

Nuveen is a global investment leader, managing an array of public and private assets for clients around the world and on behalf of our parent company TIAA, one of the world’s largest institutional investors, a highly-rated insurance company and a retirement provider with diverse expertise across income and alternatives. We invest in the growth of businesses, real estate, infrastructure, farmland and forests to help make an enduring impact on our world. For more information, please visit www.nuveen.com.

Nuveen’s industry leading Municipal Fixed Income team includes products and investment structures unmatched in the industry. The deep expertise of the portfolio managers is supported by the largest buy-side analyst team in the market. The client portfolio manager (CPM) team provides support across both retail and institutional clients around the world, working hand in hand with both the portfolio managers and analysts.

The Municipal CPM job is responsible for supporting municipal strategies by explaining the investment philosophy, process, and performance of specific products to clients, prospects, consultants and investment intermediaries. Considered a recognized subject matter expert in municipal strategies, this job is responsible for supporting municipal strategies and selling to external clients as well as partnering with investment, product marketing and product development teams to support product marketing, development and enhancements.

Key Responsibilities and Duties

• Regularly meets with clients, prospects, and home office analysts to explain Nuveen’s investment philosophy, process and performance of specific products, serving as an expert in all municipal strategies that the organization manages.
• Work and partner closely with Nuveen’s US Wealth Distribution channels in efforts to grow assets across a wide range of municipal products.
• Lead client meetings in a consultative manner with an ability to respond to broad macro-based and account-level inquiries in a very thorough and detailed manner.
• Participate in seminars for financial advisors and their clients to help educate investors about the municipal bond market and Nuveen’s municipal solutions.
• Partner with various business groups in assessing and identifying market trends and resulting impacts to product lines, refining and developing messaging about municipals and the municipal market, and identifying sales opportunities.
• Partner with various investment teams to monitor product performance and support product enhancements and marketing adjustments as it concerns the Nuveen municipal franchise.
• ~ 40 to 60% in-market, travel oriented opportunity.

Educational Requirements

• University (Degree) Preferred.

Work Experience

• 5+ Years Required; 7+ Years Preferred.

FINRA Registrations

• SRC Indicator: Series 7; Series 63.

Physical Requirements

• Physical Requirements: Sedentary Work.

Career Level
8IC

Required Skills

• Knowledge of current events across the municipal market as it concerns both market fundamentals and technicals.
• Knowledge of Nuveen’s suite of municipal products.
• Strong ability to prioritize and manage multiple projects independently and simultaneously, meet deadlines and adapt to changing priorities and timelines.
• Proven ability to sell and service existing/prospective clients.
• Able to think strategically and creatively and connect broad ideas with detailed execution.
• Strong oral, written, and visual communications skills - effective, and able to simply describe complex ideas to different audiences.
• Demonstrated exceptional project management skills.
• Demonstrated track record of meeting rapid-pace, demanding client needs.

Preferred Skills

• Bachelor’s degree; MBA, CIMA, CFP, CFA a plus.

Location(s): This position is deemed Hybrid Flex which means this position will not be a fully remote position but will allow for some flexibility. This position will be associated with the following TIAA metropolitan marketplaces or offices: Mid-West Region (Chicago, IL) and West Coast Region (San Francisco, Los Angeles, Newport Beach, California) – in market candidates desired.

Anticipated Posting End Date: 2025-03-29. Base Pay Range: $125,600/yr. - $180,000/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).

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.

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.

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