Investment Operations Associate

Lord Abbett is seeking an Investment Operations Associate to support our Operations team as the firm focuses on key growth initiatives while building scale across Investment Operations functions.  The successful candidate will partner with functional owners across the team to assist in Oversight of our Strategic Service Provider, enhance operating models to build scale and mitigate risk and support daily Investment Operations functions.  Key responsibilities include becoming proficient in Investment Operations tasks across multiple domains including, but not limited to, Trade and Collateral Management, Bank Loans, Corporate Actions, Reconciliations, Cash Management, and Data Integrity.

• Engage with functional subject matter experts to learn Investment Operations Oversight and supporting tasks as well as taking ownership of agreed upon processes
• Monitor end-to-end trade flow activity, engaging with strategic supplier to work through issues as they arise
• Review Investment Operations process workflows & procedure documentation; updating accordingly
• Identify areas of process risk and make recommendations for improvements
• Draft and communicate business requirements, perform testing and support go-live for various upgrades & process improvements
• Review data integrity exceptions, update systems accordingly and communicate as needed
• Liaise with Portfolio Management and Trading on inquiries raised

• Bachelor’s degree in Finance, Economics, Business Administration or related field
• 0 - 3 years of Operations experience within Financial services
• Working knowledge of Investment products, market operations and trade lifecycle
• Excellent attention to detail, organizational skills and ability to manage multiple tasks simultaneously
• Strong technical skills including MS Office suite, Investment Technology such as Bloomberg, CharlesRiver, other programming skills (SQL, Python, etc.) a plus
• Takes initiative applying a sense of ownership with persistence to meet tight deadlines
• Applies critical thinking in bringing efficient and risk-controlled solutions
• Ability to build and maintain relationships across all levels, internal and externally

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 $95,000 - $105,000. 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.

Important notice to Search Firms - Please Read Carefully

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.