| WHO IS TIAA-CREF? Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF) is a leading provider of retirement planning for people in the academic, research, medical and cultural fields. Our mission is to serve those who dedicate themselves to the benefit and enlightenment of others, by helping to plan the financial future of those who advance the greater good. Director, Research, Private Asset Management-1686295 DescriptionThe Director of Research for the TIAA-CREF Trust Company will occupy a unique position integral to the division's build out.
Responsibilities for the build out include the following:
- Work with the Lead Equity Manager to implement a strategic plan for the institution and to build out a research department (fundamental equities and capital markets research) which will be a resource for the Trust company and Wealth Management.
- Coordination, management and delivery of research and resources to be available to PMs on an ongoing basis- 1) Internally generated research opinions on a broad universe of large and mid cap companies, 2) Work with Lead Equity Manager to coordinate third party research providers, 3) Provide input and assist in drafting equity research commentaries.
- Organize and participate in weekly portfolio management team discussions regarding market insights to include third party analysts, economists, and strategists to support the model portfolio.
- Deliver team education on best practices and ongoing themes in the Wealth Management arena, as well as updates on new products and tactical shifts to augment portfolio strategies.
- Over time, will assist Lead Equity Manager in market assessment and development of new equity portfolio products.
On-going Responsibilities:
- Perform original research and distribute conclusions and insights to the PMs on an ongoing basis.
- Manage portfolio manager requests regarding the changes in the markets, upgrades/downgrades, company earnings reports
- Manage Watch Lists for Equity PMs
- Distribute changing information proactively
- Ensure that individual PM research requests are answered in a timely manner.
- Write commentaries covering broad market themes with a primary emphasis on the quarterly Gaining Trust commentary or investment themes as well as notes from relevant industry events
- Coordinate as needed with Marketing and Investment Communications Group.
- Keep up to date on Product Developments initiatives
- Stay up to date and active with trends in the equities markets through reading, speaking to analysts and strategists, attending lectures and conferences, etc
- Develop and maintain "Best Practices" for a research department
- Assist in the development of an annual budget for the Trust Company; coordinate costs with Finance and Investment Services and within Trust Co; initiate contracts and negotiate fees for services not used and negotiated by Investment Services; ensure timely payment by working with Finance; maintain costs at or below budget.
- Assist in the hiring, management, and training of the research team (currently 2 Associates)
- Support Trust Company asset gathering and retention goals.
- Meet with Team Leads and PMs to ensure that research team is evolving to meet their research needs.
- Support the Lead Equity Manager with fundamental research.
Qualifications
- 8-15 years in the investment business, as a portfolio manager and/or analyst
- Experience with publishing responsibilities- research, quarterly/yearly letters
- Bachelor's degree in business or finance required; MBA and/or CFA preferred;
- Demonstrates the required technical and analytical expertise to monitor and evaluate equity investment policies and services.
- Management of work groups involved in fundamental equity research processes
- Excellent communication, relationship building and analytical skills
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