Personal Account Management Associate

Lord Abbett

  • Jersey City, NJ
  • $90,000-105,000 per year
  • Permanent
  • Full-time
  • 5 days ago
The Role: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:The Personal Account Management (PAM) Associate is responsible for supporting the PAM Specialists in an effort to enrich existing client relationships and close Separately Managed Account (SMA) business. Individuals in this role are required to possess knowledge of Lord Abbett’s SMA products, operational processes, marketing collateral, and market conditions to ensure clients receive an experience that exceeds expectations. We’ll trust you to::
  • Be a dedicated and trusted partner for the Regional Managers, Portfolio Managers, Advisor Consultants, SMA Specialists and fellow Associates
  • Assist with running client proposals, transition analysis in a timely manner and ensure all required edits are made prior to sending back to the Specialist
  • Collaborate with the Investment team(s) and Regional Managers to ensure accuracy of the data analytics within proposals and transition analysis
  • Support marketing initiatives to distribute and enhance SMA content (kits, flyers, proposals, etc.)
  • Partner with SMA Specialists to assist in ongoing operational items for clients
  • Partner with Digital Services to drive operational efficiencies where appropriate
  • Assist with reporting end-of-day sales to Regional Managers and leadership
  • Develop a deep understanding of Lord Abbett’s SMA business including products, platform availability, fees and customization capabilities.
  • Embrace best practices and act as a change agent to identify opportunities for process improvements
You'll need to have::
  • BS/BA degree required
  • 0-3 years SMA experience is a plus
  • Proactive, collaborative, “can-do” attitude
  • Advanced excel and power point skills
  • Ability to organize, plan and manage several concurrent initiatives with varying priorities
  • Exceptional attention to detail
  • High sense of urgency and degree of initiative and self-motivation
  • Outstanding interpersonal, communication, and follow-up skills
  • Ability to think analytically and problem solve
  • The aptitude to learn and adapt quickly in a rapidly changing environment
  • Real ambition to pursue a client-facing career
  • Series 7, 66, and SIE licenses or the ability to obtain within 6 months of start date
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 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 $90,000-$105,000. 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 visitLord 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.

Lord Abbett