SMA Trading Operations Analyst

7 days ago


Jersey City, New Jersey, United States Lord Abbett Full time

About the Role:

Lord Abbett is seeking a highly motivated SMA Trading Operations Analyst to provide support for our $20 billion and growing amount of SMA assets under management.

The ideal candidate possesses previous SMA trading operations experience, although we will consider motivated candidates with related experience.

Success in the role depends upon being able to work well under pressure in a busy, dynamic environment.

Key Responsibilities:

  • Process trades in a timely and accurate manner to ensure timely settlements of trades.
  • Research and resolve differences on reconciliation reports.
  • Resolve failed trades.
  • Liaise with counterparties and sponsors regarding unmatched trade instructions to minimize operational risks.
  • Escalate issues in a timely manner.
  • Regularly interact with portfolio managers and investment personnel to align on trade and account details.
  • Work as part of a team supporting whichever asset class needs attention and focus.

Requirements:

  • Ability to multitask and work in a team environment.
  • Knowledge of Microsoft products.
  • Ability to work independently and perform in a fast-paced environment.
  • Willingness to work in the office most of the time.
  • Strong interpersonal, communication, organizational, and follow-up skills.
  • A high attention to detail.
  • Preferable to have an understanding of the trading lifecycle including confirmation, affirmation and settlement.
  • Preferable to have experience with APL system and Separately Managed Accounts (SMAs).

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 Campaigns Corporate Equality Index, a measure of LGBTQ+ workplace equality.

Compensation Information:

Annual base salary for this role is $80,000 - $95,000. 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 applicants 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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