The Role

Lord Abbett is seeking an experienced Municipal Bond Research Analyst to join our Tax-Free Fixed Income investment team. This role is designed for an experienced municipal credit professional with a focus in revenue-backed municipal securities, potentially including sectors such as transportation, utilities, pre-paid gas, industrial revenue and other revenue issuers.

As a Municipal Bond Research Analyst, you will serve as a primary driver of fundamental credit insights. You will take ownership of a coverage universe, produce credit opinions, and help shape portfolio positioning through rigorous analysis and timely communication.

Ideal candidates will have 5-15 years of experience analyzing municipal credits on the buy side, at a rating agency, or in a comparable role.

We'll trust you to:

• Lead fundamental credit research for a dedicated municipal revenue-bond coverage universe, maintaining forward-looking views, rating assumptions, and issuer-specific risk assessments.
• Monitor credit, operating, and capital trends across key municipal sectors; synthesize financial, legal, economic, demographic, and ESG-related inputs into actionable conclusions.
• Build and maintain robust financial models, scenario analyses, and sector frameworks to evaluate issuer performance and credit trajectories.
• Produce clear, insightful written research, investment recommendations, and presentations for use in internal discussions and meetings.
• Engage directly with issuers, underwriters, municipal advisors, and other market participants to deepen understanding and inform analysis.
• Collaborate across the broader Fixed Income platform to share insights, ensure consistency of credit philosophy, and support multi-sector strategies.
• Leverage advanced quantitative tools, AI-enabled analytics, and firmwide data resources to enhance research depth and efficiency.

You'll need to have:

• 5-15 years of experience researching municipal bonds-ideally at a buy-side asset manager, rating agency, or similar platform.
• Demonstrated expertise in revenue-backed municipal sectors and familiarity with legal security structures, covenants, flow-of-funds, and issuer financials.
• Strong financial modeling, analytical, and valuation skills; proficiency with Excel and/or analytical programming tools a plus.
• Excellent written and verbal communication, including the ability to articulate concise, high-conviction credit opinions under time pressure.
• Bachelor's degree required; advanced degree, CFA, or CFA candidacy preferred.

Compensation Information: Annual base salary for this role is $200,000-$240,000. 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