Trader, Securitized Credit

About the role

Lord Abbett is an independent firm founded in 1929, known for its leadership, influence, and innovation in the asset management industry. The firm values intellectual curiosity, teamwork, and collaboration, and is seeking an experienced securitized products professional to join the Securitized Credit team.

Responsibilities

• Trade Execution: Fulfill our fiduciary responsibility to strive for best execution on all transactions
• Portfolio Analysis: Produce and monitor risk and liquidity across various metrics for our specialty finance portfolios
• Market Analysis: Evaluate the current market landscape including technical market trends, fundamental market trends and notably liquidity themes
• Idea Generation: Track and articulate relative value across asset classes, sub-sectors as well as in both the primary and secondary markets
• Portfolio & Risk Management: Identify investment opportunities and recommend investment ideas to portfolio management teams
• Hedging: Familiarity with hedging products related to credit, interest rates and currency
• Counterparty Engagement: Build and maintain relationships with banks, broker-dealers, issuers and other market participants to enhance market access and trade execution
• Reporting and Documentation: Ensure all trades are entered and logged into internal systems, support compliance and audit processes, contribute to performance attribution
• Data Innovation: Capture trade data in a systematic fashion, work with PMs, analysts and developers to enhance trading datasets

Requirements

The ideal candidate will have at least 10 years of experience in securitized products trading, with a focus on the CLO, CMBS and / or RMBS markets.

Qualifications

• 10+ years of trading experience in securitized products with a deep understanding of collateral, structure, issuers, and market dynamics
• Exhibits the values of transparency, collaboration, responsibility and communication
• Ability to work in a fast-paced environment
• Ability to make quick, yet well thought out decisions
• Proficiency in Bloomberg and Intex
• Proficiency in Excel, Powerpoint
• Bachelor's Degree required, CFA or MBA is a plus

Benefits

Lord Abbett offers a competitive total rewards package including competitive total compensation, retirement plans, competitive health and well-being plans. The firm is also committed to providing equal employment opportunities and being an equal opportunity employer.

Pay

Annual base salary for this role is $175,000 - $225,000. Salary is estimated for this role. Actual pay may be different. Role may be eligible to receive an annual discretionary bonus.

Schedule

Not specified