Lord Abbett

Special Situations Analyst


Pay$225000.00 - $275000.00 / year
LocationJersey City/New Jersey
Employment typeOther

This job is now closed

  • Job Description

      Req#: 1861

      The Role

      Lord Abbett seeks a highly motivated, team oriented individual to join its Taxable Fixed Income group as an Analyst to focus on stressed and distressed situations and across all asset classes. This individual will be part of the Leveraged Credit Team and will interact with investment professionals across the entire Taxable Fixed Income organization. The role provides an opportunity to directly impact the management of fixed-income portfolios in a highly flat and dynamic organization, and we are looking for an individual who can grow into a leadership role as we continue to build out our opportunistic and alternative credit capabilities.

      We’ll trust you to:

      • Collaborate with portfolio management, research, trading, and legal, to help oversee stressed/distressed positions to maximize outcomes
      • Assist credit research analyst team with stressed and distressed analysis
      • Identify new special situation opportunities
      • Build and maintain relationships with financial advisors, external legal counsel, and other market participants
      • Represent our investors interests in creditor committees
      • Communicate sector level commentary to the broader team, department, and other firmwide stakeholders
      • Maintain portfolio level analysis and actively monitor positions and industry dynamics
      • Develop and improve repeatable framework and processes around stressed and distressed investments
      • Assist in investment decision making, portfolio positioning, sizing, and risk management

      You'll need to have:

      • High motivation to learn, grow, and develop as an investor in a collaborative, team oriented environment
      • 7-10+ years of credit analysis or portfolio management experience with stressed/distressed expertise
      • Prior experience should include analyzing stressed and distressed situations
      • Buy-side experience working in a team oriented environment is preferred
      • Excellent quantitative, communication, and investment management skills
      • Demonstrated ability to organize and collaborate with multiple constituencies with divergent objectives
      • Ability to articulate investment objectives in a clear and concise manner with internal and external constituents
      • Advanced written and verbal communication skills
      • Advanced Excel and PowerPoint skills with a proficiency in scenario based financial modeling
      • BA/BS degree required
      • MBA degree, CFA designation viewed positively, but not required

      Why Lord Abbett?

      Lord Abbett is a leading asset manager serving clients worldwide. Our purpose—securing a sustainable future for our clients, our people, and our world—fuels everything we do. Inspired by our “dream big, work hard, have fun” principle, our people thrive in our vibrant culture and deliver lasting impact to our clients and communities. We are honored to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments and scored 100% on the Human Rights Campaign’s Corporate Equality Index, a measure of LGBTQ+ workplace equality.

      Compensation Information: Annual base salary for this role is $225,000 - $275,000. 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

      Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

  • About the company

      Lord, Abbett & Co. LLC is an independent, privately-held investment management company headquartered in Jersey City, New Jersey.