What are the responsibilities and job description for the SVP, Investment Performance Manager position at Lazard?
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.
We are seeking a highly skilled and motivated Performance Manager to lead a small team focused on investment performance measurement and reporting. The ideal candidate will possess a robust background in GIPS (Global Investment Performance Standards) compliance and have hands-on experience with performance composites. This role will include managing the relationship with our outsourced provider, State Street, collaborating closely within the operations group at Lazard, and partnering internally with sales, marketing, compliance, and portfolio management teams.
We’ll trust you to:
Apply! We’ll get in touch on the next steps.
What We Offer
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 150,000 - 200,000 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.
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, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential and our collective success.
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.
We are seeking a highly skilled and motivated Performance Manager to lead a small team focused on investment performance measurement and reporting. The ideal candidate will possess a robust background in GIPS (Global Investment Performance Standards) compliance and have hands-on experience with performance composites. This role will include managing the relationship with our outsourced provider, State Street, collaborating closely within the operations group at Lazard, and partnering internally with sales, marketing, compliance, and portfolio management teams.
We’ll trust you to:
- Oversee the creation, maintenance, and reporting of performance composites, ensuring accuracy and adherence to industry regulations and the GIPS standards.
- Ensure observance with industry best practices in the calculation, presentation, and verification of portfolio and strategy performance.
- Manage a lean team performance analysts, with a focus on career development, collegiality, and professional growth.
- Manage the relationship with our outsourced provider of performance reporting, ensuring timely and accurate performance data.
- Work closely across LAM operations teams to ensure seamless integration and execution of performance-related operations.
- Collaborate with sales, marketing, and portfolio management teams to provide insights and data for performance-related projects and initiatives.
- Develop and maintain strong relationships with internal and external stakeholders, ensuring alignment on performance objectives and strategies.
- Lead performance-related projects from conception to completion.
- Continuously evaluate and enhance performance measurement methodologies and technologies.
- Bachelor’s degree in finance, economics, or a related field; advanced degree, CIPM, or CFA designation is a plus.
- At least 7 years of experience in investment performance measurement, with a strong background in GIPS compliance and performance composites.
- Proficiency in performance calculation methodologies and portfolio risk statistics.
- Leadership experience with the ability to manage and develop a small team.
- Experience with outsourced service providers, particularly in performance measurement contexts.
- Strong analytical and problem-solving skills with acute attention to detail and solution-oriented approach.
- Excellent communication and interpersonal skills, capable of working collaboratively across departments.
- Proficiency in performance measurement software and tools; familiarity with State Street’s systems is a plus.
Apply! We’ll get in touch on the next steps.
What We Offer
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 150,000 - 200,000 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.
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, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential and our collective success.
