T

TIAA

Sells retirement annuities to nonprofit workers

Associate Director, CPACE Asset Management

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • At least 3 years of experience in construction loan administration and debt asset management.

Responsibilities

  • Provide customer service as the relationship manager after loan closing, guide contractors through the disbursement process, and ensure a positive experience.
  • Oversee disbursements on energy-efficiency projects, including processing and project-managing draw requests and tracking and reporting draw amounts and accrued interest.
  • Communicate asset activity in advance to lenders, administrators, and accountants.
  • Identify critical risks and project setbacks by reviewing and analyzing submitted documentation, including budget allocations and title documentation, and by conducting site inspections.
  • Work with contractors, subcontractors, vendors, engineers and inspectors, attorneys, and borrowers to resolve project issues and documentation needs.
  • Ensure construction projects comply with Loan Agreement conditions and regulatory standards, and remain within the approved schedule, budget, and credit policy.
  • Coach and review the work of lower-level professionals.

Desired Qualifications

  • At least 5 years of experience in construction loan administration and debt asset management.
  • CPACE experience.

About the Company

TIAA

Sells retirement annuities to nonprofit workers

TIAA runs workplace retirement plans and sells annuities to people who work for colleges, hospitals, research institutions, cultural groups and government agencies. Its flagship TIAA Traditional annuity guarantees a minimum return and has paid additional interest above that floor every year since 1948, turning savings into income for life. Employers sponsor the plans and workers contribute from each paycheck, while TIAA earns investment spread and fees on the money it manages, partly through Nuveen, its asset management arm. Andrew Carnegie founded TIAA in 1918 to fund pensions for college professors, and the organization is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
$2B
Headquarters
New York City, New York
Founded
1918

Recently Posted Jobs

Explore more opportunities at TIAA

See more jobs