Portfolio Management Associate, Core Strategies

2 weeks ago


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

The Opportunity:

About Lord Abbett:

Established in 1929, Lord Abbett stands as an independent firm dedicated solely to the management of assets. Throughout our history, we have cultivated a distinguished reputation for our leadership, influence, and innovative approaches within the asset management sector. Our commitment to active management and thoughtful product design ensures we remain relevant to both individual and institutional investors.

We believe that our personnel are our most valuable resource. As an investment-driven, client-centric organization, we cherish intellectual curiosity, teamwork, and collaboration throughout our firm.

Are you eager to contribute to a trusted leader in the asset management field and enhance your expertise while delivering exceptional client experiences?

Position Summary:

Our Core Fixed Income Account team is seeking an Associate Portfolio Manager (APM) to optimize the performance of our Core and Core Plus account offerings. The APM will oversee risk exposures, cash management, and appropriate sector and security allocations across various multi-sector accounts. This role presents an opportunity to engage with multiple investment teams and collaborate with client and corporate services in a dynamic, flat organizational structure.

Key Responsibilities:

  • Collaborate closely with Lead Portfolio Managers to grasp their macroeconomic perspectives and ensure these insights are accurately reflected in all accounts.
  • Monitor credit, duration, sector, and industry risk exposures at the portfolio level.
  • Model trades across fixed income securities and maintain communication with traders.
  • Work in tandem with Portfolio Managers and APMs on sector-focused teams.
  • Understand client guidelines and preferences, regularly interacting with our client experience professionals.
  • Ensure the timely and precise management of all flow activities into and out of accounts.
  • Foster strong relationships across Investments, Client Services, and Corporate Services.

Qualifications:

  • A minimum of 4 years of experience in portfolio analytics or investment management.
  • Preferred buy-side experience in a collaborative team environment.
  • Strong organizational skills to manage multiple accounts and sectors effectively.
  • Ability to communicate effectively and drive results in a collaborative, results-oriented setting.
  • Bachelor's degree or equivalent; an MBA and/or CFA designation is advantageous but not mandatory.

Why Choose Lord Abbett?

Lord Abbett is a premier global independent investment management firm. We actively manage investments where we believe we can achieve a sustainable advantage and deliver alpha for our clients. Our vision is to be the most respected asset manager globally, recognized for our people, performance, relationships, and organizational agility. This vision is supported by three core cultural pillars:

  • Principles-Led: We empower our leaders to foster an environment of trust.
  • Performance-Oriented: We inspire our team to embody our values of excellence, responsibility, transparency, and collaboration.
  • Purpose-Driven: We embrace our mission of securing a sustainable future for our clients, employees, and the world.

We are proud to have been recognized as one of the Best Places to Work in Money Management by Pensions & Investments and have achieved a perfect score on the Human Rights Campaign's Corporate Equality Index, which measures LGBTQ+ workplace equality.

Compensation: The annual base salary for this position ranges from $150,000 to $170,000. Actual compensation may vary.

Bonus Structure: This role may be eligible for an annual discretionary bonus, determined by various factors including firm, team, and individual performance.

Benefits: Lord Abbett is dedicated to providing a competitive total rewards package to all eligible employees, including competitive compensation, retirement plans, and comprehensive health and wellness programs.

Lord Abbett is an equal opportunity employer, committed to providing equal employment opportunities to all qualified individuals without regard to legally protected characteristics.



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