Portfolio Manager

The Role

Lord Abbett seeks a motivated individual to join its Taxable Fixed Income group as a Portfolio Manager. Primary responsibilities will center on portfolio construction of asset-backed securities portfolios and generating excess returns therein. The role provides an opportunity to team-manage one of the industry's largest ABS portfolios in a highly flat and dynamic organization.

We’ll Trust You To

• Generate recommendations and implement ABS trades, leveraging research and risk management resources for decision-making across varying mandates
• Provide thought leadership and opine on the driving forces of fundamentals, technicals, valuations, and excess returns for the asset class and subsectors within
• Liaise with portfolio managers to build consensus around portfolio construction and risk targets
• Deliver positive and consistent excess returns at the portfolio level via both top-down risk positioning and bottom-up credit selection
• Build and maintain external relationships with trading, banking, and syndicate desks to ensure our firm retains top-of-funnel access to opportunities
• Maintain analytic integrity of systems and perform credit surveillance of existing positions
• Shape the future direction and consumption of technological resources to improve investment decisioning and outcomes

You'll Need To Have

• 7-15 years of portfolio construction and/or implementation experience in securitized products
• Deep domain knowledge alongside adept credit underwriting capabilities across the capital stack
• Ability to articulate investment objectives in a clear and concise manner with internal and external constituents
• Robust relationships with sell side counterparties, originators, and other market participants
• Flexible approach to handle a dynamic set of priorities and opportunities against various deadlines

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 $225,000 - $250,000. 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.