Lord, Abbett & Co. LLC
Alternative Operations Analyst - CLO
Lord, Abbett & Co. LLC, Jersey City, New Jersey, United States, 07390
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Alternative Operations Analyst - CLO
role at
Lord, Abbett & Co. LLC .
Overview Lord Abbett is seeking an Alternatives Operations Analyst to support the firm’s debut CLO platform and broader bank loan and private credit businesses. The successful candidate will be responsible for ensuring tight integration between Lord Abbett, the CLO Trustee, and the Middle/Back Office Strategic Partner, and will own the reconciliation of data across each stakeholder. Key responsibilities include trade support, corporate action elections, reconciliation of cash and position breaks, security master and ratings data integrity, as well as regular and ad hoc reporting.
The Role About Lord Abbett: Founded in 1929, Lord Abbett is an independent firm focused on the management of money. We value intellectual curiosity, teamwork, and collaboration across the organization. We’re looking for people who want to contribute to a trusted leader in asset management, expand their knowledge, and deliver a client experience that exceeds expectations.
Lord Abbett is seeking an Alternatives Operations Analyst to support the CLO platform and related activities. The role emphasizes data integrity and collaboration across stakeholders including the CLO Trustee and the Middle/Back Office Strategic Partner. Responsibilities include trade support, corporate action elections, reconciliation, and reporting.
Responsibilities
Support new fund launches by managing operations from the warehousing stage through the Closing & Effective Date, including approval of fund flows
Review draft indentures for operational readiness and provide feedback to the structuring team
Monitor trades within the CLO to ensure compliance with CLO indenture
Build and support warehouse borrowing bases and manage liquidity
Reconcile Lord Abbett’s positions, cash, and security master data with Trustee; research and remediate discrepancies with emphasis on documentation
Review periodic reporting, including monthly Trustee reports and quarterly waterfall distributions, focusing on completeness and accuracy
Perform ad-hoc requests for portfolio managers and trading desk
Support trade life cycle for broadly syndicated bank loans and private credit across relevant products
Own data integrity responsibilities for indenture compliance and portfolio management system
Qualifications
Thorough understanding of broadly syndicated loan market, lifecycle of leveraged loan investments, and nuances around trade settlement and corporate actions
Ability to develop and maintain effective relationships with strategic partners
Exceptional attention to detail and strong organizational skills
Demonstrated ability to identify and resolve complex problems
Proven track record of building and documenting operational processes and controls
Ability to identify and execute process improvement
Bachelor’s degree or equivalent; background in Finance or Accounting
3+ years buy-side experience in a CLO (preferred) or loan operations role
Excellent verbal and written communication skills
Proficiency in MS Excel; Python, SQL, and/or VBA is a plus
Experience with Private Credit operations is a plus
Strong analytical skills and a dedication to identifying and solving root causes of issues
Experience with CLO indenture compliance systems, ClearPar, LendAmend, & WSO preferred
Why Lord Abbett? Lord Abbett is a leading global independent investment management company. We are active managers who aim to deliver alpha for our clients. Our culture is built on Principles-Based leadership, a Performance-Oriented mindset, and a Purpose-Driven approach focused on client interests.
Principles-Based – Trust-based leadership
Performance-Oriented – Excellence, responsibility, transparency, collaboration
Purpose-Driven – Client interests first
Compensation information: Annual base salary for this role is $140,000-$155,000. Discretionary bonus may apply. Benefits include a competitive total rewards package.
Equal Employment Opportunity Lord Abbett is an equal employment opportunity employer. We provide equal opportunities to all qualified individuals without regard to protected characteristics. All employment decisions are based on relevant experience, skills, and qualifications.
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Alternative Operations Analyst - CLO
role at
Lord, Abbett & Co. LLC .
Overview Lord Abbett is seeking an Alternatives Operations Analyst to support the firm’s debut CLO platform and broader bank loan and private credit businesses. The successful candidate will be responsible for ensuring tight integration between Lord Abbett, the CLO Trustee, and the Middle/Back Office Strategic Partner, and will own the reconciliation of data across each stakeholder. Key responsibilities include trade support, corporate action elections, reconciliation of cash and position breaks, security master and ratings data integrity, as well as regular and ad hoc reporting.
The Role About Lord Abbett: Founded in 1929, Lord Abbett is an independent firm focused on the management of money. We value intellectual curiosity, teamwork, and collaboration across the organization. We’re looking for people who want to contribute to a trusted leader in asset management, expand their knowledge, and deliver a client experience that exceeds expectations.
Lord Abbett is seeking an Alternatives Operations Analyst to support the CLO platform and related activities. The role emphasizes data integrity and collaboration across stakeholders including the CLO Trustee and the Middle/Back Office Strategic Partner. Responsibilities include trade support, corporate action elections, reconciliation, and reporting.
Responsibilities
Support new fund launches by managing operations from the warehousing stage through the Closing & Effective Date, including approval of fund flows
Review draft indentures for operational readiness and provide feedback to the structuring team
Monitor trades within the CLO to ensure compliance with CLO indenture
Build and support warehouse borrowing bases and manage liquidity
Reconcile Lord Abbett’s positions, cash, and security master data with Trustee; research and remediate discrepancies with emphasis on documentation
Review periodic reporting, including monthly Trustee reports and quarterly waterfall distributions, focusing on completeness and accuracy
Perform ad-hoc requests for portfolio managers and trading desk
Support trade life cycle for broadly syndicated bank loans and private credit across relevant products
Own data integrity responsibilities for indenture compliance and portfolio management system
Qualifications
Thorough understanding of broadly syndicated loan market, lifecycle of leveraged loan investments, and nuances around trade settlement and corporate actions
Ability to develop and maintain effective relationships with strategic partners
Exceptional attention to detail and strong organizational skills
Demonstrated ability to identify and resolve complex problems
Proven track record of building and documenting operational processes and controls
Ability to identify and execute process improvement
Bachelor’s degree or equivalent; background in Finance or Accounting
3+ years buy-side experience in a CLO (preferred) or loan operations role
Excellent verbal and written communication skills
Proficiency in MS Excel; Python, SQL, and/or VBA is a plus
Experience with Private Credit operations is a plus
Strong analytical skills and a dedication to identifying and solving root causes of issues
Experience with CLO indenture compliance systems, ClearPar, LendAmend, & WSO preferred
Why Lord Abbett? Lord Abbett is a leading global independent investment management company. We are active managers who aim to deliver alpha for our clients. Our culture is built on Principles-Based leadership, a Performance-Oriented mindset, and a Purpose-Driven approach focused on client interests.
Principles-Based – Trust-based leadership
Performance-Oriented – Excellence, responsibility, transparency, collaboration
Purpose-Driven – Client interests first
Compensation information: Annual base salary for this role is $140,000-$155,000. Discretionary bonus may apply. Benefits include a competitive total rewards package.
Equal Employment Opportunity Lord Abbett is an equal employment opportunity employer. We provide equal opportunities to all qualified individuals without regard to protected characteristics. All employment decisions are based on relevant experience, skills, and qualifications.
#J-18808-Ljbffr