Associate Research Analyst, ABS

Lord Abbett • Jersey City, NJ

7d • $175,000 - $225,000 • Onsite

About The Position

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 Asset Backed Securities (ABS) investment team is seeking an Associate Research Analyst to help maximize the performance of our Asset Backed investment capabilities across a broad spectrum of consumer and commercial-linked asset classes. The primary focus of the role is to establish, document, and communicate differentiated credit and fundamental views that drive alpha at the subsector and security level for Lord Abbett’s Fixed Income franchise. The Associate is responsible for industry and position surveillance, structural and collateral analysis, and relative value assessments across a diverse opportunity set spanning traditional and esoteric ABS sectors. This role provides the opportunity to work across multiple investment teams in a highly collaborative, flat, and dynamic organization where intellectual curiosity, independent thinking, and conviction are valued. This role is based in our Jersey City, New Jersey office and reports to a Research Analyst (ABS).

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

Nice To Haves

• Intex, YieldBook, DV01, Bloomberg, SQL and/or Python skills a plus
• MBA and/or CFA designation is viewed positively but not required

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
• Demonstrate intellectual curiosity in exploring emerging asset classes and esoteric structures, while maintaining disciplined focus on downside risk
• 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

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level