What are the responsibilities and job description for the Family Office Services Analyst - Lazard Wealth position at Lazard Asset Management?
Americas
Asset Management
New York
Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.
Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable.
Lazard Wealth collaborates with our clients to help solve and simplify the complexities of wealth, while delivering sophisticated investment solutions and advice. We combine years of history and experience to help preserve and grow our clients’ wealth across generations.
The principal areas of focus with clients are strategic advice and planning, investment management and direct private investments. Working in partnership with families, we customize an investment process that meets their specific needs. We often serve the role of Chief Investment Officer overseeing third-party managers as well as direct private equity investments and help coordinate a variety of non-investment related needs. Our investment management services seek to provide clients the global, multi-asset, multi-manager investment platform that traditionally was only available to large institutions such as top-tier endowments and foundations. We also offer comprehensive wealth creation and legacy building services to help clients efficiently achieve their lifestyle, philanthropic and inter-generational goals.
We are seeking a Family Office Services Analyst helping to ensure a seamless investor experience from an operational perspective, including investor onboarding and project management, ongoing data reconciliation, supervisory reviews and performance reporting.
We’ll trust you to:
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.
We expect the base salary range for this role to be approximately $60,000-65,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.
Does this sound like you?
Apply! We’ll get in touch on the next steps.
Diversity and Inclusion at Lazard
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.
The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, sexual orientation, physical abilities, veteran or military status – can bring their whole selves to work to maximize their individual potential and our collective success.
#LAM
Asset Management
New York
Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.
Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable.
Lazard Wealth collaborates with our clients to help solve and simplify the complexities of wealth, while delivering sophisticated investment solutions and advice. We combine years of history and experience to help preserve and grow our clients’ wealth across generations.
The principal areas of focus with clients are strategic advice and planning, investment management and direct private investments. Working in partnership with families, we customize an investment process that meets their specific needs. We often serve the role of Chief Investment Officer overseeing third-party managers as well as direct private equity investments and help coordinate a variety of non-investment related needs. Our investment management services seek to provide clients the global, multi-asset, multi-manager investment platform that traditionally was only available to large institutions such as top-tier endowments and foundations. We also offer comprehensive wealth creation and legacy building services to help clients efficiently achieve their lifestyle, philanthropic and inter-generational goals.
We are seeking a Family Office Services Analyst helping to ensure a seamless investor experience from an operational perspective, including investor onboarding and project management, ongoing data reconciliation, supervisory reviews and performance reporting.
We’ll trust you to:
- Serve as a primary point contact for technology integrations between various financial and operational platforms, ensuring seamless data flow and system interoperability.
- Work independently with technology vendors to identify requirements, manage expectations, and resolve integration issues in a timely manner.
- Develop a deep understanding of how data is structured, stored, and transferred across different systems, ensuring data integrity and accuracy.
- Collaborate with cross-functional teams to understand business needs and assist in translating them into technical requirements for system enhancements or new integrations.
- Serve as a client support project manager, including onboarding investor data, reconciling daily transactions and valuations, and assisting with investment team needs.
- Prepare and verify monthly and/or quarterly performance and valuation reporting for high net-worth investors by leveraging our internal portfolio management systems
- Prepare account opening documentation for transfers, subscriptions, redemptions and other transactions; while, coordinating information flow from managers and/or custodian banks
- Serve as a point person for investor onboarding tasks (from an operations standpoint); ensuring execution and onboarding timelines.
- Troubleshoot operational problems, investigate why they happened, and how they can be resolved
- Serve as support and back-up point person for performance reporting, investment pro-formas and ad-hoc requests for the Client Team, as needed
- Respond to internal and external ad-hoc requests
- An ability to work proactively and independently as a member of a small, flat, cohesive team with limited supervision
- Outstanding attention to detail, with ability to perform and prioritize multiple tasks simultaneously while meeting or exceeding deadlines
- Well-developed quantitative and analytical skills
- Strong proficiency in Microsoft Office Suite, including advanced skills in VBA for automating tasks and workflows
- Experience with API integrations, helping to streamline processes and connect systems for improved efficiency
- Exceptional interpersonal, communication and presentation skills
- Collegial, collaborative mindset
- A belief in continuous improvement
- An interest in learning more about alternative investing and supporting clients operationally.
- The ability to foresee problems before they surface and resolve them in a timely manner and are always thinking of ways to make complicated tasks more efficient while maintaining focus on the bigger picture.
- An excitement about being on our team and learning how new technologies in the marketplace can help keep things running smoothly and efficiently internally.
- A focus on accuracy, efficiency and thinking outside the box. We are always trying to learn more from each other in order to make our team stronger.
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.
We expect the base salary range for this role to be approximately $60,000-65,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.
Does this sound like you?
Apply! We’ll get in touch on the next steps.
Diversity and Inclusion at Lazard
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.
The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, sexual orientation, physical abilities, veteran or military status – can bring their whole selves to work to maximize their individual potential and our collective success.
#LAM
Salary : $60,000 - $65,000
