Associate Research Analyst, ABS

About the role

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.

Responsibilities

• Support Research Analysts in credit underwriting and trade recommendations to effect alpha-generating investment ideas for our clients
• Incorporate a rigorous qualitative and quantitative approach to idea generation, research, and surveillance in shaping sector strategy across consumer and commercial ABS verticals
• Develop and articulate differentiated views on collateral performance, structural nuances, and evolving market dynamics
• Exercise sound judgment and decisiveness in underwriting conclusions amid evolving data sets and market conditions
• Design and build credit-oriented scenarios via cashflow modeling software and/or proprietary Excel spreadsheets
• Maintain persistent and detail-oriented surveillance of portfolio holdings and industry developments, proactively identifying risks and opportunities
• Deliver clear, well-supported, and impactful trade recommendations with conviction

Requirements

• 5+ years of experience in asset backed credit research or underwriting with exposure to consumer and commercial ABS investing, asset backed lending, or asset backed finance
• Experience across traditional and/or esoteric ABS sectors preferred
• Experience on the buy side or sell side highly valued
• Strong organizational skills and attention to detail to work effectively across multiple sectors
• A proactive, resilient mindset with the ability to navigate complex structures and evolving market environments
• Critical thinking and independent problem-solving skills driven by a self-starter mentality
• Mental flexibility and the ability to shift between asset classes and analytical frameworks as market conditions evolve
• Effective written and verbal communication style with the ability to synthesize complex structures clearly
• Flexibility to manage multiple priorities and projects of varying urgency
• Intex, YieldBook, DV01, Bloomberg, SQL and/or Python skills a plus

Qualifications

• Bachelor’s degree or equivalent
• MBA and/or CFA designation is viewed positively but not required

Skills

• Intellectual curiosity
• Independent thinking
• Disciplined focus on downside risk
• Sound judgment and decisiveness
• Proactive, resilient mindset
• Mental flexibility
• Effective written and verbal communication
• Flexibility to manage multiple priorities
• Complex structure navigation
• Market condition evolution
• Structured analysis
• Collaborative, flat, and dynamic organization

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.

Pay

Annual base salary for this role is $175,000 - $225,000. Salary is estimated for this role. Actual pay may be different.

Schedule

This role is based in our Jersey City, New Jersey office and reports to a Research Analyst (ABS).