Fund Operations Account Manager

 New York - United States, United States       Permanent contract        Banking Operations


Lyxor AM Inc. specializes in alternative investments with a primary focus on institutional investors and has approximately $15bn of assets across hedge fund advisory mandates, hedge fund dedicated managed accounts and co-investments.

Given the current and upcoming growth of the business, Lyxor AM Inc. is looking to hire an Operations Manager.


You will work within the COO office of Lyxor AM Inc:

Fund Operations and Treasury Management:

  • On-going supervision of all funds' operations (fee payments, collateral management subscription/redemption funding).

  • NAV Review and validation including review of intra-month processes and Business Support Unit (Bangalore) team output.

  • Daily NAV estimation (client-specific and as necessary).

  • Initiation and validation of SWIFT payment messages.

  • Referential information control functions.

  • Ex-post controls (e.g. Tracking error analysis).

  • Fee reporting and other client-specific reports (as necessary).

  • Participation in the various steps of the life cycle of the funds:

      • Opening, closure, changes in the structure;

      • On-boarding of administrators, custodians, prime brokers, trading advisors and other service providers.

  • Acting as primary liaison with internal parties, fund managers and external service providers on operational matters.

  • Monitoring of the service providers to ensure performance within agreed upon standards including defining and reporting on Key Performance Indicators (KPI).

  • Participation in the continuous improvement of operational processes and procedures.

  • Participate in the enhancement of treasury operations.

  • Investigation and resolution of operational issues.

Profile Required

Fund Audit, Tax & Regulatory Reporting:

      • Coordinate annual fund audits, including management of information flow between auditors, administrators and other service providers at interim and year-end including confirmations and problem resolution.

  • Coordination of periodic tax compliance

    Liaison with Compliance Department and service provider for all matters related to the fund’s regulatory reporting requirements, including, as necessary, forms CPO-PQR and PF.


To be considered for this role, you must meet the following criteria:

  • Bachelor’s degree in economics, account, finance or business

  • Graduate degree in accounting a plus.

  • Have at least three years of experience in either fund operations, fund accounting or treasury management

  • Fund administration experience a plus.

  • Good knowledge of Microsoft Office.

  • Good understanding of valuation processes across various asset classes and ability to interpret and challenge positions.

  • Rigorous, autonomous and strong interpersonal skills with initiative and commitment.

  • Ability to work transversally across internal departments.

  • Ability to work with counterparties, clients, and outside vendors

Business Insight

Lyxor Asset Management Inc. (“Lyxor AM Inc.”) is the New York-based affiliate of Lyxor Asset Management Group ("Lyxor Group").  The Lyxor Group was founded in 1998 and is composed of two fully-owned subsidiaries of Societe Generale Group.  It counts 600 professionals worldwide managing and advising approximately $160bn of assets.  Lyxor Group offers customized investment management solutions based on its expertise in ETFs & Indexing, Active Investment Strategies and Multi-Management.  Driven by acknowledged research, advanced risk-management and a passion for client satisfaction, Lyxor's investment specialists strive to deliver sustainable performance across all asset classes.

All our positions are open to people with disabilities

Job code: 19000UF4
Business unit: Lyxor
Starting date: 23/12/2019
Date of publication: 07/11/2019
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Fund Operations Account Manager

Permanent contract   |   New York - United States   |   Banking Operations