Municipal Bond Research Analyst

Lord Abbett•Jersey City, NJ

7d•Onsite

About The Position

Lord Abbett is seeking an experienced Municipal Bond Research Analyst to join their Tax-Free Fixed Income investment team. This role focuses on revenue-backed municipal securities, including sectors like transportation, utilities, pre-paid gas, and industrial revenue. The analyst will be a key contributor of fundamental credit insights, responsible for a coverage universe, producing credit opinions, and influencing portfolio positioning through rigorous analysis and communication.

Requirements

5–15 years of experience researching municipal bonds—ideally at a buy-side asset manager, rating agency, or similar platform.
Demonstrated expertise in revenue-backed municipal sectors and familiarity with legal security structures, covenants, flow-of-funds, and issuer financials.
Strong financial modeling, analytical, and valuation skills; proficiency with Excel and/or analytical programming tools a plus.
Excellent written and verbal communication, including the ability to articulate concise, high-conviction credit opinions under time pressure.
Bachelor’s degree required.

Nice To Haves

Advanced degree, CFA, or CFA candidacy preferred.

Responsibilities

Lead fundamental credit research for a dedicated municipal revenue-bond coverage universe, maintaining forward-looking views, rating assumptions, and issuer-specific risk assessments.
Monitor credit, operating, and capital trends across key municipal sectors; synthesize financial, legal, economic, demographic, and ESG-related inputs into actionable conclusions.
Build and maintain robust financial models, scenario analyses, and sector frameworks to evaluate issuer performance and credit trajectories.
Produce clear, insightful written research, investment recommendations, and presentations for use in internal discussions and meetings.
Engage directly with issuers, underwriters, municipal advisors, and other market participants to deepen understanding and inform analysis.
Collaborate across the broader Fixed Income platform to share insights, ensure consistency of credit philosophy, and support multi-sector strategies.
Leverage advanced quantitative tools, AI-enabled analytics, and firmwide data resources to enhance research depth and efficiency.