Quantitative Analyst, AI - Lord Abbett.com
Jersey City, NJ 07302
About the Job
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 for a quantitative analyst to work with a dynamic team of seasoned quants, portfolio managers and research analysts to build out a suite AI based tools to boost productivity in our investment process. We strive to combine the best of quantitative and fundamental analysis to achieve superior returns. We are responsible for the full lifecycle of models including design, architecture, research and production. Great opportunity for a talented programmer with an analytical bent to evolve to impact investment performance across a wide array of investment funds.
We’ll trust you to::- Understand, maintain, improve and build AI and quantitative tools essential to investment process
- Work with the quantitative team, fundamental investment analysts and portfolio managers to express investment views, philosophies and processes through the use of innovative tools and methodologies
- Work with investment teams to enhance scale, rigor, and capacity of their process through software development best practices
- Have excellent analytical and problem-solving skills with a keen attention to detail and validation
- Incorporate machine learning techniques to generate quant equity signals
- Collaborate on improving analytic library, data sourcing and end-user reporting
- Propose and implement ideas that make AI resources more valuable to the broader firm
- 2-5+ years of independent research or developer experience preferably in financial services.
- Strong programming skills in one or more programming languages including Python.
- A PhD/MS in a quantitative field such as statistics, mathematics, electrical engineering, physics or computer science
- Strong design, coding, testing, and debugging skills a plus. A proponent of strong collaborative software engineering techniques and methods including code review, unit testing, refactoring and related approaches appreciated
- Familiarity with AWS or similar cloud platform is a plus
- A passion for excellence
- The capability to thrive in a team-oriented collaborative environment
- The skills to process and apply new concepts quickly and effectively
- The ability to optimally connect with multiple partners, including fundamental and quantitative researchers, technology partners and senior management
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 - We instill a passion for always putting our clients' interests first.
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 $120,000 - $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.
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.