Serge Thilges
Senior Manager at IQ Solutions Luxembourg- Claim this Profile
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Bio
Experience
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IQ Solutions Luxembourg
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Luxembourg
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Financial Services
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1 - 100 Employee
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Senior Manager
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2014 - Present
Luxemburg - Operational Business Consultant - Specialist in all areas of the Fund Industry.
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Senior Fund Administration Manager
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2008 - Sep 2014
Luxembourg • Head of Fund Administration Support (Financial Reporting – Audit Management), thereafter Management of one NAV Oversight unit o Up to 17 employees under my responsibility • 330 third-party sub-funds under administration • Assets under administration: > USD 200.000.000.000,- • Within BNYM I was mainly tasked to restructure services under my management by outsourcing part of the activity to other centres of excellence within the global operating model. • Key projects… Show more • Head of Fund Administration Support (Financial Reporting – Audit Management), thereafter Management of one NAV Oversight unit o Up to 17 employees under my responsibility • 330 third-party sub-funds under administration • Assets under administration: > USD 200.000.000.000,- • Within BNYM I was mainly tasked to restructure services under my management by outsourcing part of the activity to other centres of excellence within the global operating model. • Key projects : a) Transfer of the NAV Production & Financial Reporting activity into centres of excellence in Ireland and India b) Definition and implementation of a local NAV Oversight concept within a global operating model across different locations Show less
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Senior Fund Administration Manager
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2005 - 2008
Luxemburg • Head of the NAV Validation department, thereafter Head of a Client dedicated Fund Accounting team o Up to 45 employees under my responsibility • 600 sub-funds promoted by JPMAM and third-party promoters • Assets under administration: > USD 300.000.000.000,- • The 3 years within JPMorgan allowed me to add some key components as gaining a full picture of service challenges with respect to third-party promoters and management of KPI / Scorecard concepts covered by detailed… Show more • Head of the NAV Validation department, thereafter Head of a Client dedicated Fund Accounting team o Up to 45 employees under my responsibility • 600 sub-funds promoted by JPMAM and third-party promoters • Assets under administration: > USD 300.000.000.000,- • The 3 years within JPMorgan allowed me to add some key components as gaining a full picture of service challenges with respect to third-party promoters and management of KPI / Scorecard concepts covered by detailed Service Level Agreements. • Key projects : a) Introduction of EMS (an Exception Management System allowing multiple & simultaneous Fund valuation controls through one single process) b) Implementation of major process changes in order to reduce the production window Show less
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Senior Fund Administration Manager
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1995 - 2005
Luxembourg • Head of FA Operations divided into a Pricing Unit, a Transaction Unit and a Validation Unit o Up to 55 employees under my responsibility • 270 sub-funds mainly promoted by ING IM • The 10 years with ING did allow me to obtain the required Fund and Product knowledge and to acquire a solid experience in terms of people management. As the Head of 3 different operations units, one of my main tasks was to built-up an efficient process, driven by accuracy and timeliness. • Key… Show more • Head of FA Operations divided into a Pricing Unit, a Transaction Unit and a Validation Unit o Up to 55 employees under my responsibility • 270 sub-funds mainly promoted by ING IM • The 10 years with ING did allow me to obtain the required Fund and Product knowledge and to acquire a solid experience in terms of people management. As the Head of 3 different operations units, one of my main tasks was to built-up an efficient process, driven by accuracy and timeliness. • Key projects : a) Introduction of the Euro b) Migration of 250 funds from COSOFIN to MULTIFONDS Show less
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Fund Administration Manager
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1987 - 1995
Luxemburg • Fund Administration • Trust Department (accounting records for financial companies established in Luxembourg and multiple offshore centres)
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Accountant
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1983 - 1987
Luxemburg • Holding Companies Administration • Securities Settlement Department • Cash Trading Desk
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Education
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Lycée de Garçons Esch/Alzette
Economics, Diplôme de fin d'études secondaires