Senior Associate, Fund Treasury

Lord, Abbett & Co. LLC; Jersey City (NJ); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Competitive total rewards package

Retirement plans

Health and well-being plans

Job summary

Lord Abbett & Co. LLC is seeking a Senior Fund Administrator to join Global Fund Finance in Jersey City. The role focuses on strengthening risk-based fund oversight across NAV, financial and regulatory reporting, and governance with internal teams, service providers and auditors.

Ideal candidates have 5–10+ years in asset management or fund oversight, strong analytics, and advanced Excel and Power BI skills. Competitive base salary and discretionary bonus potential are offered.

Qualifications

• 5-10+ years of asset management or fund oversight experience.
• Working knowledge of registered investment companies and U.S. GAAP for investment companies.
• Experience reviewing fund financial statements and SEC filings.
• Strong analytical skills and ability to assess risk and propose solutions.
• Interpersonal skills and cross-functional teamwork in a collaborative environment.
• Strong written, verbal and presentation skills.

Responsibilities

• Oversee NAV calculations and fund operations with accounting agents.
• Review fund financial statements and regulatory filings.
• Support disclosure controls and executive certifications.
• Assist strategic product initiatives, reorganizations, mergers or liquidations.
• Develop dashboards, metrics and reporting tools for transparency and accountability.

Skills

Asset management

Mutual fund admin

Fund accounting

Financial reporting

Regulatory reporting

NAV oversight

Data analytics

Power BI

Excel

Cross-functional teamwork

Tools

Power BI

Excel

Job description

The Role

We are seeking a highly motivated, technically strong and collaborative professional to join Global Fund Finance as a Senior Fund Administrator. This individual will play a key role in strengthening Lord Abbett's risk-based fund oversight model across financial reporting, regulatory reporting, NAV oversight, service-provider governance, and strategic fund initiatives.

The successful candidate will be expected to operate as a senior member of the Fund Treasury team, bringing strong technical knowledge, sound judgment, analytical discipline and the ability to work effectively across internal teams, service providers, auditors and other stakeholders.

We’ll trust you to:

• Fund Treasury oversight and governance:
• • Support and enhance a robust, risk-based fund oversight model across U.S. mutual funds, interval funds, offshore/UCITS vehicles and other fund structures, as applicable.
  • Perform and/or oversee analytical reviews of fund operations, including daily and monthly NAV oversight, fund expenses, distributions, borrowing/leverage facilities, reconciliations, and other key fund administration controls.
  • Oversee State Street and Brown Brothers Harriman (accounting agents) in administering the day-to-day operations of the funds including overseeing NAV calculations and reviews of key reconciliations.
  • Coordinate and/or review fund-of-fund trade activity
• Financial and regulatory reporting:
  • Lead or support risk-based reviews of fund financial statements, tailored shareholder reports and related disclosure documents.
  • Review fund-related SEC filings, which may include Forms N-PORT, N-CEN, N-CSR, N-MFP, prospectuses, Statements of Additional Information and other regulatory filings.
  • Support disclosure controls and procedures in connection with Principal Financial Officer/Principal Executive Officer certifications.
• Strategic initiatives and product support:
  • Support new product launches, fund reorganizations, mergers, liquidations, share class launches, fee changes and other product or business initiatives.
• Process improvement, automation and scalability
  • Assist in the identification of opportunities to streamline, standardize and automate manual or duplicative processes across Fund Treasury.
  • Help build dashboards, metrics, exception reporting, workflow tools, issue trackers and reporting routines that improve transparency and accountability.

You’ll need to have:

• 5-10+ years of relevant experience in asset management, mutual fund administration, fund accounting, financial reporting, regulatory reporting, fund audit and/or related fund oversight roles.
• Working knowledge of registered investment companies and U.S. GAAP for investment companies, with a desire to continue developing technical expertise.
• Experience supporting or reviewing fund financial statements, tailored shareholder reports, SEC filings and/or disclosure controls.
• Strong analytical skills and ability to identify issues, assess risk, evaluate downstream implications and recommend practical solutions.
• Highly developed interpersonal skills and the ability to work effectively as part of a cross functional team.
• Strong written, verbal and presentation skills, including the ability to communicate complex technical matters clearly.
• Proficiency with Excel; experience with Power BI, data analytics, dashboarding, workflow tools or automation initiatives preferred.

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 have been ranked #1 in Barron's Best Fund Families for 2024 and have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

Compensation Information: Annual base salary for this role is $100,000 - $120,000. 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 visit Careers | 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.