Lord Abbett-posted 5 days ago
$200,000 - $250,000/Yr
Full-time • Mid Level
Onsite • Jersey City, NJ
501-1,000 employees

About Lord Abbett: Founded in 1929, Lord Abbett is an independent firm with a singular focus on the management of money. Over the course of our history, we’ve earned a sterling reputation for our leadership, influence, and innovation in the asset management industry. Today, our independent perspective, our commitment to active management, and our intelligent product design continue to make us relevant to individual and institutional investors. From the very beginning, we’ve recognized that our people are our greatest asset. As an investment-led, investor-focused firm, we value intellectual curiosity, teamwork, and collaboration across the organization. We’re looking for people with a keen interest in working for a trusted leader in the asset management industry, a desire to expand their knowledge, and a passion for delivering a client experience that exceeds expectations. Now that you know our history, are you ready to be part of our future? Job Overview: Our Specialty Finance investment team is in search of an Asset Backed Research Analyst to help maximize the performance of our Asset Backed Investment capabilities. The primary focus of the role is to establish, document, and communicate credit and fundamental views that drive alpha at the subsector and security level for Lord Abbett’s Fixed Income franchise. The Analyst is responsible for industry and position surveillance, structural and collateral analysis, and relative value assessments. This role provides an opportunity to interact across multiple investment teams in a highly flat and dynamic organization. This role is based in our Jersey City, New Jersey office and reports to a Portfolio Manager (Specialty Finance).

  • Initiate and propose new ABS investment ideas in collaboration with Portfolio Managers while embracing Lord Abbett’s investment philosophy and process
  • Provide dedicated sector thought leadership and coverage within a wide range of ABS markets, including esoteric sectors and emerging specialty finance areas
  • Incorporate a rigorous qualitative and quantitative approach to idea generation, research and surveillance in shaping sector strategy
  • Possess a deep understanding of sector specific attributes across collateral, structure and performance drivers
  • Produce numerous written credit reviews pertaining to timely investment opportunities as they arise, across new issue and secondary markets
  • Deliver impactful, clear trade recommendations
  • Work closely with Portfolio Managers to vet and shape our sector-level and bond-level recommendations to effect alpha-generating investment ideas for our clients
  • Design and build credit-oriented scenarios via cashflow modeling software and/or proprietary excel spreadsheets
  • Create, publish and elevate content for consumption of the broader Taxable Fixed Income department to drive insight into investments beyond the scope of ABS
  • 10+ years of experience in asset backed credit research or underwriting with exposure to Commercial & Esoteric ABS investing, asset backed lending, or asset backed finance
  • Experience on the buy side or sell side highly valued
  • Strong organizational skills and attention to detail to work across many sectors
  • Critical thinking and proactive problem-solving skills driven by self-starter mentality
  • Effective written and verbal communication style
  • Flexibility to juggle multiple priorities and projects of varying urgency
  • Intex, YieldBook, DV01, Bloomberg, SQL and/or Python skills a plus
  • Bachelor’s degree or equivalent; MBA and/or CFA designation is viewed positively but not required
  • Lord Abbett is committed to offering a competitive total rewards package to all eligible employees.
  • Offerings include competitive total compensation, retirement plans, competitive health and well-being plans.
  • To learn more about what we offer, please visit Careers | Lord Abbett
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