CMBS Research Analyst recruitment
Job Description
TIAA-CREF is seeking an analyst to cover the Commercial Mortgage Backed Securities (CMBS) sector. This analyst supports numerous TIAA-CREF fixed income portfolio mandates that collectively manage over $4 billion in CMBS. The successful candidate will work with the CMBS portfolio manager, research analysts, trades, and risk managers on fixed income securities across a range of portfolio mandates, including: TIAA's General Account assets, mutual funds, insurance portfolios, and non-pension accounts.
The Fixed Income Research team supports numerous TIAA-CREF fixed income portfolio mandates that collectively manage over $190 billion in fixed income assets.
Primary Responsibilities:
Qualifications
- Proven ability to analyze CMBS deal structures.
- Investment experience in a total rate of return management
- Proven ability to make actionable relative value investment recommendations
- Understanding of convexity optimization; proven ability to make investment recommendations. based on understanding of the financing dynamics for major borrowers in various commercial real estate markets, and, particularly, in the retail and office markets
- Proficiency in TREPP and Bloomberg analytics, working familiarity with Intex, expertise in Excel, (proficiency in VBA preferred, but not required)
- Strong financial/quantitative and critical thinking skills
- Understanding of basic principles of underwriting commercial real estate mortgages
- Experience in managing CRE CDO(s) preferred but not required
- Strong organizational, communications, and interpersonal skills
- Proactive and well organized self-starter with the ability to work well under pressure, prioritize and multitask
- Collaborative work style, teamwork oriented
- Bachelors or Masters Degree in Finance, Real Estate or Economics
- Ability to travel for issuer visits or conference attendance
August 9, 2012
• Tags: Asset Management careers in the USA, CMBS Research Analyst recruitment • Posted in: Financial