Director, Product Data

Job ID
2017-1247
Category
Sales & Marketing
Jersey City
NJ

Overview

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 a part of our future?

 


Job Overview:

The Director, Product Data role provides critical data integration support including but not limited to fundamental data analysis as well as complex statistical modeling. This role requires the management of a team responsible for product data maintenance, data quality control, and any other basic but important product data analysis techniques. Also, the role requires an understanding of the asset management industry and the various types of investment vehicles and the analytics required to create and maintain for marketing, sales and relationship management. The role is expected to lead some parts of the analytical process including data mining, data modeling, and, ultimately, solving critical business problems by utilizing all applicable quantitative knowledge and statistical techniques.

Responsibilities

include, but are not limited to:

  • Manage a team of 7 analysts responsible for producing the following Fixed Income analytic metrics:
    • Duration: modified and “effective” (also called option-adjusted) duration
    • Average life
    • Yield: “yield to worst” calculated to various dates (calls, sinking fund dates and maturities), option-adjusted yield
    • Option-adjusted spread (sometimes referred to as OAS)
    • Historical analysis, including accurate historical “rewinds” of portfolios
    • Accurate knowledge of lot-level amortization and accretion used in gains/losses and total returns
    • Total return calculations that take transactions into account
    • Sector, Duration, Industry and Credit Quality breakdowns
    • Convexity, including option-adjusted convexity
    • Comparisons to indices
  • Develop, implement and maintain fixed income attribution reporting
  • Accurate and timely production of daily, weekly, and monthly reports
  • Provide support to programming efforts on fixed income analytical projects.
  • Provide quantitative analysis, data, and processes to assist product management team
  • Address product management issues with provided analytics and follow up until successful resolution
  • Provide systems support to foster participation by product management in identifying issues with data and analytics
  • Participate in the definition and implementation of fixed income analytic methodologies
  • Participate in the assessment of existing analytic tools to determine whether a new product can be accurately represented
  • Implement changes to analytic tools to handle new products if improvements are necessary
  • Disseminate regular or ad hoc reports providing quantitative data about product management
  • Develop testing to maintain fixed income data quality
  • Work with business lines in Sales and Marketing to fulfill fixed income analytical business needs.
  • Create performance metrics to track and measure the effectiveness of solutions generated through the analytics process.
  • Work with Technology and Operations to address data quality issues.
  • Articulating a deep knowledge of mutual funds, separately managed accounts and institutional separate accounts
  • Fulfilling various ad-hoc analytical reporting requests

Qualifications

  • College degree and 3-5 years of related work experience, and/or CFA
  • Demonstrated experience in translating business strategy into a technical strategy
  • Ability to successfully partner and communicate with all levels of an organization
  • Ability to collaborate and communicate effectively both in IT, with business within Fixed Income.
  • Demonstrated ability to influence and impact the business
  • Strong interpersonal skills and ability to forge relationships resulting in successful partnerships
  • Experience with Fixed Income instruments & derivatives
  • Strong negotiation skills
  • Business acumen
  • Customer-focused

 

 


Personal Characteristics Required:

  • Proactive, collaborative team player
  • Organizes, plans, and manages several concurrent initiatives with varying priorities
  • Exceptional attention to detail
  • High sense of urgency and degree of initiative and self-motivation
  • Strong interpersonal, communication, and follow-up skills
    Resourceful with excellent problem-solving skills

 

 

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.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed