The Role
We are seeking a highly skilled and experienced Investment Risk Manager to join our Investment Risk Management team. The ideal candidate will have a deep understanding of fixed income investment risk, including liquidity analysis, counterparty risk, and valuation support. With approximately 10 years of experience in the field, the Investment Risk Manager will play a critical role in ensuring the firm's investment strategies are aligned with our risk appetite and regulatory requirements.
We’ll Trust You To
- Risk Management Framework: Develop and enhance the firm's risk management framework, incorporating advanced risk assessment tools and methodologies. Promote a risk-aware culture throughout the organization, providing training and guidance to staff on risk management practices.
- Quantitative Analysis: Utilize Python for quantitative analysis to enhance risk modeling and valuation techniques. Implement statistical analysis to improve risk assessment processes and investment decision-making.
- Portfolio Oversight: Conduct thorough portfolio analysis to ensure compliance with risk parameters and investment guidelines. Monitor performance, liquidity, and leverage metrics to identify potential risk exposures.
- Liquidity Analysis: Evaluate the liquidity of investments, ensuring the firm's ability to meet its short-term obligations without incurring significant losses. Develop and implement liquidity risk management strategies to optimize asset allocation and enhance financial stability.
- Counterparty Risk Management: Assess and monitor the creditworthiness of counterparties, minimizing the risk of loss from counterparty failure. Implement robust risk assessment methodologies and engage in due diligence to ensure counterparty reliability.
- Valuation Support: Provide expert support in the valuation of complex securities and derivatives. Work closely with the investment and accounting teams to ensure accurate pricing and valuation of assets, adhering to industry standards and regulatory requirements.
You'll Need To Have
- Bachelor's degree in Finance, Economics, Mathematics, or a related field; an advanced degree or professional certifications (e.g., CFA, FRM) is highly preferred.
- Minimum of 10 years of experience in risk management, with a strong focus on fixed income.
- Proficiency in Python for financial modeling and analysis; knowledge of other programming languages or statistical tools is a plus.
- Deep understanding of the regulatory landscape for mutual funds and institutional accounts.
- Strong analytical and problem-solving skills, with the ability to think critically and offer solutions to complex challenges.
- Excellent communication skills, with the capability to articulate risk management concepts and strategies to a broad audience.
- Proven leadership abilities and experience in a collaborative team environment.
Why Lord Abbett?
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 $175,000 - $215,000 . 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.
