Associate Portfolio Manager, High Quality Credit

Lord Abbett; Jersey City (NJ); On-site; USD 150,000 - 200,000; Full time

Job summary

Lord Abbett is seeking an Associate Portfolio Manager in Jersey City to enhance the performance of their High Quality Credit investment team. Key responsibilities include managing risk and allocations while collaborating with various investment teams to achieve client objectives. The ideal candidate has a strong background in investment management and excellent communication skills.

Benefits

Competitive total rewards package

Retirement plans

Health and well-being plans

Qualifications

• 4+ years of experience in portfolio analytics or investment management.
• Buy-side experience preferred.
• Ability to communicate effectively in a team-oriented environment.

Responsibilities

• Maintain risk exposures and cash levels across multi-sector accounts.
• Collaborate with lead portfolio managers on positioning strategy.
• Implement overall asset class and sub-industry allocations.

Skills

Organizational skills

Communication

Teamwork

Education

Bachelor’s degree

MBA

CFA designation

Job description

The Role

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 High Quality Credit investment team is in search of an Associate Portfolio Manager (APM) to help maximize the performance of our High Quality multisector account suite. The APM is responsible for maintaining risk exposures, cash levels, and appropriate sector and security allocations across numerous multi-sector accounts. This role provides an opportunity to interact across multiple investment teams and collaborate with client and corporate services in a highly flat and dynamic organization. The primary focus of the role is to contribute to the management of the teams allocation across High Quality Credit (e.g., Short Duration Strategies) while collaborating and engaging other sector-based teams. This role is based in our Jersey City, New Jersey office and reports to a Portfolio Manager (High Quality Credit).

We’ll trust you to:

• Ensure positioning is consistent with teams views, risk targets, and client risk and return objectives working closely with lead portfolio managers
• Help contribute to Strategy and account level performance
• Assist in communication of macro-outlook and high-level positioning
• Implement overall high-level asset class and sub industry allocations in line with multi-sector team views
• Work with technology and operations teams to ensure processes and systems are appropriate and continuously improving
• Understand client guidelines and preferences, interacting regularly with our client experience and compliance teams
• Engage with Investment Associates

You'll need to have:

• 4+ years of experience in portfolio analytics or investment management role
• Buy-side experience working in a team-oriented environment is preferred
• Strong organizational skills to work across many accounts and sectors
• Ability to effectively communicate and drive results in a collaborative, team-based, results-oriented environment
• Bachelor’s degree or equivalent; MBA and/or CFA designation is viewed positively but not required

Why Lord Abbett?

Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.

• Principles-Based - We empower our leaders to create an environment of trust.
• Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
• Purpose-Driven - We instill a passion for always putting our clients' interests first.

We are honored to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments and scored 100% on the Human Rights Campaign’s Corporate Equality Index, a measure of LGBTQ+ workplace equality.

Compensation Information:Annual base salary for this role is $150,000 - $200,000. Salary is estimated for this role. Actual pay may be different.

Discretionary Bonus:Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.

Benefits: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 visitCareers | Lord Abbett

Lord Abbett is an equal employment opportunity employer.We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law.All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

Important notice to Search Firms - Please Read Carefully Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.