CLO Research Analyst

Company : Lord Abbett.com

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:

Our Specialty Finance investment team is in search of a CLO Research Analyst to help maximize the performance of our CLO Investment capabilities. The primary focus of the role is to establish, document, and communicate credit and fundamental views that drive alpha at the subsector and security level for Lord Abbett’s Fixed Income franchise. The Analyst is responsible for industry, manager and position surveillance, structural and collateral analysis, and relative value assessments. This role provides an opportunity to interact with multiple investment teams in a highly collaborative and dynamic organization. This role is based in our Jersey City, New Jersey office and reports to a Portfolio Manager (Specialty Finance).

We’ll trust you to::

• Initiate and propose new CLO investment ideas in collaboration with Portfolio Managers while embracing Lord Abbett’s investment philosophy and process
• Provide dedicated sector thought leadership and coverage within a wide range of CLO markets, including but not limited to Middle Market / Private Credit, Infrastructure, CBO and European
• Engage directly with CLO managers to gather insights and assess platform positioning
• Incorporate a rigorous qualitative and quantitative approach to idea generation, research and surveillance in shaping sector strategy
• Possess a deep understanding of sector specific attributes across collateral, structure and performance drivers
• Produce numerous written credit reviews pertaining to timely investment opportunities as they arise, across new issue and secondary markets
• Deliver clear and impactful trade recommendations
• Work closely with Portfolio Managers to vet and shape our sector-level and bond-level recommendations to effect alpha-generating investment ideas for our clients
• Design and build credit-oriented scenarios via cashflow modeling software and/or proprietary Excel spreadsheets to support both new investment ideas and ongoing surveillance of existing positions
• Create, publish and elevate content for consumption of the broader Taxable Fixed Income department to drive insight into investments beyond the scope of CLO

You'll need to have::

• 7+ years of experience in CLO research and fundamental credit analysis
• Experience on the buy side or sell side highly valued
• Strong organizational skills and attention to detail to work across many sectors
• Critical thinking and proactive problem-solving skills driven by self-starter mentality
• Effective written and verbal communication style
• Flexibility to juggle multiple priorities and projects of varying urgency
• Kanerai, Intex, Bloomberg, SQL, R and/or Python skills a plus
• Bachelor’s degree or equivalent; MBA and/or CFA designation is viewed positively but not 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-Based – 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 were honored to be ranked #1 in Barron’s Best Fund Families for 2024 and to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

Compensation Information: Annual base salary for this role is $175,000 – $200,000. 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 Carefully
Without 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.

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