Fund Operations Account Manager

 New York, 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.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 19000UF4
Business unit: Lyxor
Starting date: Immediate
Date of publication: 30/01/2020
Share on

Fund Operations Account Manager

Permanent contract   |   New York   |   Banking Operations