Opportunistic Credit Analyst

The Role

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:

Lord Abbett seeks a highly motivated, team-oriented individual to join its Taxable Fixed Income group as an Analyst to focus on idiosyncratic credit opportunities. 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:

• Identify new idiosyncratic credit opportunities and partner with credit research analyst team to build out in-depth credit, scenario, structural, and legal analyses in dislocated situations.
• Collaborate with portfolio management, research, trading, and legal, to help maximize outcomes
• Build and maintain relationships with other market participants, financial advisors, and external legal counsel
• Actively monitor positions and industry dynamics
• Maintain and improve repeatable framework and processes around idiosyncratic situations

You'll need to have:

• High motivation to learn, grow, and develop as an investor in a collaborative, team-oriented environment
• 5-7 years of credit analysis with stressed/distressed expertise, preferably on the buy side or with a sell side distressed desk
• 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
• 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

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-Led - 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 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 $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

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.

Important notice to Search Firms - Please Read CarefullyWithout prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.

Salary : $200,000 - $240,000