Non-Agency RMBS Associate Portfolio Manager

Non-Agency RMBS Associate Portfolio Manager

Lord, Abbett & Co. LLC is looking for a motivated individual to join its Taxable Fixed Income group as an Associate Portfolio Manager to help manage our growing multi‑sector and securitized product strategies. This role is part of the Real Estate Credit team and offers opportunity to team‑manage fixed‑income portfolios in a highly flat and dynamic organization.

• 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 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

Annual base salary $160,000 – $185,000. Potential annual discretionary bonus. Competitive total rewards package including retirement plans and health & well‑being plans.

• 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.

Lord Abbett is ranked #1 in Barron’s Best Fund Families for 2024 and has been recognized as a Best Places to Work in Money Management by Pensions & Investments for five consecutive years.

Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to 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.