Associate Director, CPACE Underwriting Transaction Management

Key Responsibilities And Duties

Nuveen Green Capital (NGC) is a rapidly growing company focused on changing how commercial real estate buildings produce and use energy. We finance commercial real estate projects—new construction, substantial rehabs, and retrofits—with C-PACE financing.

The Associate Director, CPACE Transaction Management supports loan origination, transaction management, and underwriting, advancing complex commercial projects through completion and providing strategic input and growth opportunities.

• Preparing term sheets for early‑stage deals and assisting with presentation materials.
• Managing deal structuring negotiations, guiding borrowers and senior lenders on how PACE can add value to capital stacks.
• Leveraging third‑party market research (e.g., CoStar) to support underwriting assumptions.
• Identifying transaction risks and tracking exceptions to underwriting criteria.
• Drafting and presenting credit memos for approval and working with the credit team to resolve underwriting concerns.
• Completing loan files accurately and thoroughly.

• Leading a diverse pipeline of C-PACE projects, triaging and prioritizing next steps.
• Communicating internally with originations, credit, legal, and asset management teams and externally with clients and partners to meet milestones and closing.
• Coordinating with mortgage holders to gain consent for C-PACE financing where applicable.
• Supporting relationships with developers, brokers, mortgage lenders and other stakeholders.
• Preparing client meetings, including background material and presentations; increasing market awareness.
• Ensuring a positive customer experience and supporting Nuveen Green Capital’s mission.
• Coaching and reviewing junior professionals to ensure high‑quality, timely project completion.

University degree preferred.

3+ years required; 5+ years preferred.

Sedentary work.

7IC

• Minimum 3+ years of commercial real estate construction underwriting experience.

• 5+ years of commercial real estate construction underwriting experience.
• Masters/MBA related to CRE.
• Demonstrated interest in sustainability and/or clean energy deployment.
• Experience with financial structuring of commercial real estate construction/​development projects.
• Accountability, adaptability, clean energy acumen, collaboration, commercial mindset, consultative communication, continuous improvement mindset, executive presence, prioritizes effectively, stakeholder engagement.

We offer a comprehensive Total Rewards package including a superior retirement program and highly competitive health, wellness and work‑life offerings.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

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