Jobs · Business Development · New York

Associate Director, CPACE Asset Management

Nuveen, a TIAA company · New York, NY · 2 wk ago
HybridBusiness Development$84k–$117k/yrFull-time

About the Role

The Associate Director, CPACE Asset Management is responsible for ensuring that assets are tracked and disbursed per program and company requirements. Working under limited supervision, this role works with both internal and external stakeholders to support projects, including the collection of documents in advance of a disbursement, as well as tracking repayments after a loan has closed. This role is responsible for closing out projects and maintaining a positive relationship with contractors and building owners.

Key Responsibilities

  • Provides customer service as the relationship manager after loan closing, including guiding contractors through our disbursement process and ensuring a positive experience.
  • Oversees disbursements on energy efficiency projects, including items such as: processing and project managing draw requests and tracking/reporting draw amounts and interest accrued.
  • Ensures asset activity is communicated in advance to appropriate parties – lenders, administrators, and accountants.
  • Identifies critical risks / project setbacks through review / analysis of submitted documentation including budget allocations, title documentation and site inspections.
  • Works with contractors, sub-contractors, vendors, engineers/inspectors, attorneys and borrowers to resolve any project issues or documentation needs as they arise.
  • Ensures all construction projects adhere to conditions as outlined in the Loan Agreement, follow regulatory standards and maintain the approved schedule / budget within the credit policy.
  • Coaches and reviews the work of lower level professionals.

Qualifications

  • University (Degree) Preferred
  • 3+ Years Required; 5+ Years Preferred in Construction loan administration and debt asset management
  • CPACE experience a plus

Skills

  • Accountability
  • Adaptability
  • Clean Energy Acumen
  • Collaboration
  • Commercial Mindset
  • Consultative Communication
  • Continuous Improvement Mindset
  • Executive Presence
  • Prioritizes Effectively
  • Stakeholder Engagement

Pay

Base Pay Range: $83,500/yr - $117,000/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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