Vice President, Client Relationships - Lazard Wealth

Lazard Careers • , NY

8d • $145,000 - $165,000

About The Position

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference . While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight. Our wealth management business ( 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 are seeking a Vice President to support the team’s relationship management efforts, investment coordination, and financial planning, among other responsibilities. In this role, you would be client-facing, and would be expected to interface with internal and external stakeholders with discretion, care, and pride in your work.

Requirements

• A Bachelor’s degree
• Minimum of 6 – 8 years of relevant work experience
• Relevant experience working with ultra high-net-worth clients on their investment and wealth management goals
• A very strong work ethic and drive with keen attention to detail and accuracy
• Ability to work in a team-based environment and to become an integral part of existing client relationship, external advisor, and internal Lazard Wealth teams
• Analytical thinking, strong communication skills, creativity, intellectual curiosity and resourcefulness
• Working knowledge of capital markets and an understanding of investment strategies, financial and estate planning, and economic and accounting principles and practices
• Experience with performance reporting and portfolio analysis
• Strong organizational skills
• Understand need for confidentiality and discretion with clients
• A proactive approach to problem-solving
• Strong Microsoft Word, Excel, PowerPoint and CRM skills
• A passion for the wealth management industry and client relationships

Responsibilities

• Proactively own and execute on projects and logistics related to client portfolios including all areas of client’s wealth profile across investment management, wealth transfer, tax planning and insurance
• Generate monthly and quarterly client presentations including investment portfolio updates, market reviews and other relevant topics
• Close collaboration with Investment, Family Office Services, and Portfolio & Quantitative Analytics teams to gather and aggregate data for clients
• Coordinate with senior and junior team members to respond to client requests/portfolio questions
• Proactively identify client needs and collaborate with internal resources to effectively communicate recommendations to client
• Send out and upload regular mailings including performance reports, capital account statements, tax estimates and annual audited financials
• Assist with client account pro-forma generation and account rebalancing process
• Meeting preparation and agendas for client and prospect meetings
• Attend client meetings, take notes during client meetings, add notes to Salesforce and track/execute post-meeting action items
• Assist with new client onboarding process in conjunction with Family Office Services and Investment teams
• Research and create in-depth presentations about ad hoc client needs and potential areas of interest/investment
• On occasion, assist other teams with ad hoc projects as needed, including business development needs
• Track all client and associated third-party service provider activity in CRM (Salesforce)
• Update internal tracking requirements for all client activity

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees