Non-Agency RMBS Associate Portfolio Manager

The Role

Lord Abbett seeks a motivated individual to join its Taxable Fixed Income group as an Associate Portfolio Manager to assist with the management of our growing multi‑sector and securitized product strategies. This individual will be part of the Real Estate Credit team and will interact with investment professionals across the entire Taxable Fixed Income organization. The role provides an opportunity to team‑manage fixed‑income portfolios in a highly flat and dynamic organization.

We’ll trust you to:

• Collaborate with portfolio management, research and trading to help manage our Non‑Agency RMBS portfolio
• Articulate a market view and help drive investment decision making, portfolio positioning, sizing and risk management
• Work with the team to make recommendations on primary and secondary market opportunities
• Communicate sector level commentary and ideas to the broader team, department and other firm‑wide stakeholders
• Build and maintain strong relationships with counter parties and other market participants
• Demonstrate the highest standards of business leadership, ethics, intellectual curiosity, and collaboration

• 5+ years of portfolio management and trading experience with residential mortgage credit exposure
• Buy‑side experience in a team‑oriented environment is preferred
• Ability to articulate investment objectives in a clear and concise manner with internal and external constituents
• Ability to multi‑task across analytical, tactical, and research activities in a detail oriented and timely manner
• BA/BS degree required
• MBA or MS degrees, CFA designation viewed positively but not required

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 have been ranked #1 in Barron’s Best Fund Families for 2024 and 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 $160,000 - $185,000. 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.

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.