• Senior Associate, Mutual Funds Operations

    Job ID
    [2018]-1364
    Category
    Operations
    City
    Jersey City
    State
    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 part of our future?

    Responsibilities

    Responsibilities for the Senior Associate include, but are not limited to:

     

     Enforce and interpret fund prospectus compliance with various policies including CDSC waivers, sales charges, frequent trading and share class eligibility 
     Daily interaction with transfer agents (DST-domestic & BBH-offshore) in order to research/resolve issues
     Oversight of various Compliance functions related to FINCEN, AML and foreign accounts
     Perform high level quality control review on daily Mutual Fund transactions
     Perform analytics of various U.S. 40 Act and offshore Fund payments
     Ability to interact with various internal business partners and levels of Management to assist with new relationships, operational issues, system updates and enhancements
     Develop and maintain strong relationships with intermediaries & transfer agents
     Provide operational support for External/Internal Sales Force
     Produce beneficial ownership reports for required reporting and Fund literature
     Ability to identify potential issues and effectively communicate to various groups
     Research/identify trade exceptions for Sales Reporting purposes
     Maintain/update DTCC Mutual Fund Profile system

    Qualifications


     Strong knowledge of U.S. 40 Act Funds and Offshore (UCITS) Funds
     Strong knowledge of DTCC’s FundServ, Networking and ACATS required
     Knowledge of omnibus processing and invoicing
     3-5 years’ work experience in Mutual Fund Operations or Mutual Fund Transfer Agency

     UCITS experience preferred, but not required

     Series 7 or 99 preferred

     


     

    Personal Characteristics Required:

     

     Superior communication and interpersonal skills
     Proficiency with Microsoft Office Products
     Advanced knowledge of Microsoft Excel including v-lookups and pivot tables
     Able to work independently, as well as part of team
     Strong attention to detail, communication and organizational skills
     Ability to work well under pressure and adhere to strict deadlines
     Strong analytical and quantitative 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.

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