Equity Trader

Location

Jersey City, NJ | United States

Job description

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?

Job Overview:

Lord Abbett is looking to add an Equity Trader to analyze and trade cash equities, convertible securities, and equity derivatives across all investment products.

• Fulfill our fiduciary responsibility to strive for best execution on all transactions
• Identify investment opportunities and recommend investment ideas to all relevant portfolio managers
• Proactively interact with PMs and Research Analysts while evaluating investment ideas and opportunities
• Gather and disseminate relevant market intelligence to investment teams
• Determine and convey market dynamics to contribute to investment performance
• Proactively interact with fellow fixed income and equity traders to promote collaboration and market awareness
• Shared responsibility in providing periodic coverage for our international equity traders
• Continuously evaluate the market to discover ways to add value through alternative trading tools and products
• Manage and enhance counter-party relationships

• 5+ years of trading experience in equities and/or convertibles/equity derivatives
• International equity trading experience preferred
• Deep market knowledge with relative value skills
• Proficient in Bloomberg, Kynex, electronic trading platforms, Microsoft Excel
• Buy-side experience preferred; sell-side experience may be considered
• Rigorous academic background
• Bachelor's Degree required, CFA or MBA is a plus
• Passion for investing
• Strong analytical skills
• Strong communication skills
• Intellectually curious
• Strategic thinker
• Team player

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-Led - 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 - Embraces our mission: Securing a sustainable future for our clients, people, and world.

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 Campaign’s Corporate Equality Index, a measure of LGBTQ+ workplace equality.

Compensation Information: Annual base salary for this role is $140,000 - $160,000. 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.

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