Description : Associate, CPACE Transaction Management. Company : TIAA. Location : New York, NY+1 location
Nuveen Green Capital is a wholly owned subsidiary of Nuveen, one of the world’s leading Asset Managers. We finance clean energy retrofits and clean new construction on commercial building through an innovative program called C-PACE (Commercial Property Assessed Clean Energy). C-PACE is a public-private financing mechanism through which private lenders provide low-cost, long-term funding for energy efficiency, renewable energy and water conservation projects in commercial properties. C-PACE financing is repaid as an assessment on the property’s regular tax bill and processed the same way as other local public benefit assessments have been for decades. C-PACE is gaining traction among real estate owners and developers who are incorporating this specialty financing into their capital stacks.
The Associate plays a critical role in all aspects of project development, including the support of loan origination, transaction management, and underwriting. The Associate supports Nuveen Green Capital as it advances complex commercial projects through to completion. The Associate will benefit from rapid on-the-job learning, unparalleled strategic input, access to company executives and tremendous growth potential.
Key Responsibilities and Duties
- Inbound new transactions by completing an initial project screen and creating due diligence folders.
- Prepare term sheets for early-stage deals and assist with presentation materials when needed.
- Provide deal support on a diverse pipeline of C-PACE projects by collecting diligence documents, drafting C-PACE program documents, processing invoices, and completing loan files with accuracy.
- Maintain Salesforce your market through consistent & accurate client data entry and inputting of project information.
- Learn real estate finance underwriting by completing NGC’s training curriculum and contributing to credit reviews on live transactions.
- Increase market awareness of Nuveen Green Capital through generating outreach campaigns and drafting marketing collateral for closed transactions when needed.
- Communicate internally with originations, credit, legal, and asset management teams and externally with clients and partners to keep the deal team on track for key milestones and closing.
- Support relationships with commercial clean energy contractors by completing in-house checks for each project.
- Preparing for client meetings, including development of background material and presentations.
- Going above and beyond to ensure a positive customer experience, creatively solving challenging problems, and enthusiastically supporting Nuveen Green Capital’s mission to be the Lender of Choice for our clients and partners.
- University (Degree) Preferred
- No Experience Required
- Physical Requirements: Sedentary Work
Career Level
5IC
- 0-1 year professional experience
- Internship or coursework related to Commercial Real Estate (CRE) finance or underwriting
- Demonstrated interest in real estate finance and sustainability
In the recruitment process, legitimate companies never withdraw fees from candidates. If there are companies that attract interview fees, tests, ticket reservations, etc. it is better to avoid it because there are indications of fraud.