Settlement Specialist

ppWhitin the Middle Back Office unit, the bSettlement /b team manages the full confirmation and settlement process for market transactions executed by the Investment function, ensuring alignment between executed trades and the confirmations received from counterparties and brokers, and issuing settlement instructions to custodian banks primarily via SWIFT messaging. The team oversees the timely and accurate settlement of all transactions, investigating and resolving any discrepancies and transmits executed, confirmed, and reconciled trades to the external provider responsible for calculating the Net Asset Value (NAV), handling the submission of subscription and redemption orders through the Funds Dealing Service or directly to Transfer Agents while opening the related accounts, and provides all stakeholders—including the NAV calculator, administrative services, and clients—with updated lists of executed transactions. /ppThe ideal candidate will support the team in the matching and settlement of security deals: bond, equity, bond/equity forwards, security collateral, security lending, fixed time deposits. In particular, she/he will be responsible of: /pulliEnsuring timely broker confirmations of the trades /liliManaging unconfirmed trades and coordinating with all relevant parties, including brokers and the Front Office, to ensure prompt issue resolution, while issuing settlement instructions to custodian banks /liliMonitoring trade status, involving all related parties (custodian banks, brokers, Front Office) when necessary, investigating the causes of any discrepancies /liliSend orders for the subscription/redemption of funds, through the Funds Dealing Service provided by the custodian banks or directly to the Transfer Agents, opening the related accounts /liliProvide all stakeholders (NAV calculator, administrative services, clients, etc.) with the list of executed transactions /liliMatching and Reconciliation ETD Derivatives /li /ulh3Requirements /h3ulliMaster’s Degree in either Finance or Economics (and equivalent) /lili3-5 years of proven experience in settlement activities /liliFluency in English and Italian. Knowledge of a second foreign language (French and/or German) will be considered a plus /liliExperience within consultancy firm or financial institutions /liliGood knowledge of capital market and financial securities (fixed income, equity, funds, derivatives, money market instruments, etc.) /liliUpper intermediate MS Office User, conspicuous skills in IT field, with special consideration of batch input system updates, data flows management. /liliKnowledge of asset wealth management industry. /liliKnowledge of ETF operations would be considered a plus /li /ulh3What we offer /h3pThe role is offered within the 3^Area Professionale category, under the National Collective Labour Agreement for the Banking Sector (CCNL Credito) and the applicable Company Collective Agreement (Contratto Integrativo Aziendale). /ppThe starting gross annual salary is €38.000. The final offer will reflect the candidate’s professional experience and the technical and interpersonal competences required for the position and may include an individual variable compensation component. /ph3We also offer /h3ulliHealth insurance coverage /liliSupplementary pension scheme /liliHybrid working arrangements (Smart‑working) /liliPreferential access to Group products and services /liliTraining programs and Learning platforms /liliOpportunities for internal and international mobility /li /ulh3Why Join Generali /h3pJoining Generali means becoming part of an international Group with a strong heritage and a forward‑looking vision, where people are at the center of our sustainable growth strategy. /ppWe foster a responsible, inclusive, and innovation‑driven work environment, where everyone can contribute to creating value for customers, society, and the communities in which we operate. /ppWe believe that diversity, equity and inclusion are essential to building a stronger culture and driving sustainable growth. /ppAt Generali, you will find opportunities to grow through continuous learning, career development paths, and internal mobility across the Group. /ppWe recognize talent and merit, and support flexibility as a key enabler of well‑being and a sustainable work‑life balance. /ppWorking with us means sharing strong values and taking on meaningful challenges together to build a safer and more sustainable future every day. /ppAs an Equal Opportunity Employer, Generali evaluates all applications based exclusively on objective and gender‑neutral criteria, including skills, experience and potential, ensuring fairness and transparency throughout the selection process. /ph3Company Profile /h3pGenerali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million. /ppGenerali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets. /ppGenerali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments companies. /p /p #J-18808-Ljbffr