JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

Quantitative Analyst - Product Design

Company: Lord Abbett
Location: Jersey City
Posted on: June 4, 2021

Job Description:

We’re looking to add a Quantitative Analyst to the Product Design team, reporting to the Director of Product Design. The Product Design team drives the sector and asset class allocation for the firm’s retail funds and institutional accounts. The group oversees the strategy and allocations for all current products and researches future initiatives across fixed income, equities, alternatives, and multi-asset class strategies, both domestic and global. This role will initially focus on improving and expanding our fixed income offerings. This front-office role will interface directly with leaders in client services and with portfolio managers, having a visible impact on how portfolios are invested.

• Carry out and present statistical/econometric analysis of actual and simulated multi-sector portfolio returns, correlations, and risk characteristics
• Design proprietary strategic allocations based on portfolio optimization, risk/return analysis, and the needs of our clients. Present your results to investments team stakeholders, client services, and directly to clients
• Participate in the development and maintenance of the group’s proprietary infrastructure, generating daily updates for our models and analytics
• Develop models and tools providing actionable recommendations which increase the risk-adjusted returns of our portfolios

• PhD in finance/economics or a highly quantitative discipline (engineering, mathematics, physics, etc.) preferred, or masters in quantitative finance plus equivalent demonstrated experience
• 2-4 years of post-PhD experience in a risk or quant research role is preferred (we would also consider recent PhD graduates)
• Familiarity with statistics/econometrics, portfolio optimization techniques (Markowitz, Black-Litterman), factor models, and working with financial data sets
• Practical knowledge of fixed income analytics (e.g. effective and partial durations, option-adjusted spread, average life, probability of default)
• Strong hands-on experience with python/pandas and SQL
• Passion for the financial markets and investment management, as well as broad asset class knowledge, particularly within fixed income
• Ability to solve complex problems efficiently in a tight deadline environment
• Excellent communication and presentation skills, both spoken and written

Lord Abbett is one of the fastest-growing global asset managers with approximately $235 billion in assets under management. We were named one of the Best Places to Work in Money Management for 2020 by Pensions & Investments, as well as a Best Place to Work in the Human Rights Campaign’s 2021 Corporate Equality Index. Our employees share a passion for excellence in serving our diverse range of clients – individuals, advisors, and institutions across the globe who rely on us to deliver innovative investment solutions that help them secure stronger financial futures. We seek to hire a diverse group of talented individuals who are committed to driving our vision to be the most respected asset manager in the world, fulfilling our commitment to global corporate citizenship, and achieving our mission of securing a sustainable future for our clients, our people, and our world.

Keywords: Lord Abbett, Jersey City , Quantitative Analyst - Product Design, Other , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds