The Role

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).

We'll trust you to:

• 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

You'll need to have:

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

Compensation Information: Annual base salary for this role is $175,000 - $225,000. 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