Nuveen Investments VP Portfolio Accounting, Alternatives in New York, New York


For Nuveen’s investment activity in private equity, private debt, commercial mortgages, timber, agriculture, real estate and direct investment in real assets, the firm presently relies on third-party service providers to perform fund accounting / fund administration functions and maintain accounting books of record (ABOR). Nuveen is building out an internal capability, however, to maintain and investment book of record (IBOR) for these same asset classes and hopes to leverage Eagle STAR as much as possible to support this function.

Reporting to Nuveen’s senior managing director for operations strategy, the vice president, portfolio accounting – alternatives position is the first critical hire in Nuveen’s strategic plan to establish portfolio accounting (IBOR) data for these alternative asset classes. The successful candidate will define requirements and build out an operational team to support this growing business, including support of multi-asset class products and offerings. Where possible, existing teams for traditional asset classes (equities, fixed income and derivatives) will be leveraged for settlement, corporate actions, data management, valuation, reporting and performance measurement, and the VP portfolio accounting – alternatives will be heavily involved in establishing workflows and procedures for how this work will occur and providing additional guidance and training where needed. Where possible, workflows and processes will mirror best-practice capabilities from the ‘traditional’ side of operations.


This is an exciting opportunity for a self-starter to define and create an all-new team. The successful candidate will have the following qualifications and skills:

  • 5 years of experience ineachof the following (which could be concurrent):

  • Operations and/or accounting experience with alternative instrument types, such as real estate, real assets, commercial mortgages, private debt and private equity

  • Experience in a leadership position in investment management

  • Buy-side experience in traditional asset management operations (Nuveen is not seeking applicants who only have experience with alternative investing)

  • Exceptionally strong portfolio accounting expertise, including a deep understanding of the differences between portfolio accounting and fund accounting functions

  • Ideally, extensive hands-on experience using Eagle STAR as an operations user, though this is not required

  • Excellent oral and written communication skills

Job: Finance

Primary Location: NY-New York

Req ID: 1708858