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Associate Portfolio Manager, Real Estate Credit

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Lord Abbett.com

2021-12-03 07:37:40

Job location Jersey City, New Jersey, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

The Role:

Our Real Estate Credit team is in search of an Associate Portfolio Manager (APM) to help drive and maximize the performance of the team's portfolio. The APM is responsible for trade generation and execution, monitoring portfolio positioning, maintaining cashflow projections, generating and aggregating investment documentation, and assisting in client service requests.

Well trust you to::
  • Monitor market liquidity and trading developments across real estate credit markets
  • Ensure best execution for all desk trading activity
  • Maintain awareness of credit views and analytical modeling considerations to support trading practices
  • Develop and maintain strategic relationship with market makers to ensure best execution and in-depth market commentary/coverage
  • Provide portfolio managers and analysts with updated market news, trading activity and potential impact on market pricing
  • Provide updated cashflows and security information as needed
You'll need to have::
  • Bachelors degree or equivalent; CFA designation is viewed as a plus
  • 5+ years of experience in real estate credit
  • Extensive knowledge of RMBS credit models and instrument types; familiarity with additional products including Residential Whole loans and CMBS is viewed as a plus
  • Ability to meaningfully contribute and collaborate effectively with investment teams and external partners
  • Ability to proactively generate trade ideas for portfolio implementation
  • Strong interpersonal and communication skills and experience in a collaborative, team-based, results-oriented environment
Why Lord Abbett?:

Lord Abbett is a leading asset manager serving clients worldwide. Our purposesecuring a sustainable future for our clients, our people, and our worldfuels everything we do. Our clients trust us to manage approximately $250 billion in assets across a diverse set of investment strategies and vehicles. Inspired by our dream big, work hard, have fun principle, our people thrive in our vibrant culture and deliver lasting impact to our clients and communities. We are honored to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments and scored 100% on the Human Rights Campaigns Corporate Equality Index, a measure of LGBTQ+ workplace equality.

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