Settlement Specialist

Generali; Roma; Ibrido; EUR 38.000 - 46.000; Tempo pieno

Vantaggi offerti da questo lavoro

Health insurance

Supplementary pension scheme

Hybrid working arrangements

Group products and services access

Training programs and learning portals

Internal and international mobility

Descrizione del lavoro

Generali is seeking a skilled Settlement professional to support the Middle & Back Office unit. The role focuses on matching and settlement of bond, equity, and derivative trades, ensuring timely confirmations and smooth instructions to custodian banks.

Collaboration with Front Office, brokers, and NAV processes is essential. Ideal candidates hold a Master’s in Finance or Economics with 3–5 years in settlement, fluent in English and Italian, and familiar with capital markets.

Competenze

• Master’s Degree in Finance or Economics (or equivalent).
• 3–5 years of proven settlement experience.
• Fluency in English and Italian; knowledge of a second foreign language is a plus.
• Experience in consultancy or financial institutions.
• Good knowledge of capital markets and financial securities.

Mansioni

• Ensure timely broker confirmations of trades.
• Manage unconfirmed trades and coordinate with brokers and Front Office to resolve issues and issue settlement instructions.
• Monitor trade status and investigate discrepancies with related parties.
• Submit orders for subscription/redemption of funds via Funds Dealing Service or Transfer Agents; open related accounts.
• Provide stakeholders with lists of executed transactions.
• Perform matching and reconciliation ETD derivatives.

Conoscenze

English fluency

Finance knowledge

Formazione

Master’s Degree in Finance or Economics

Strumenti

MS Office

Batch input systems

Descrizione del lavoro

Whitin the Middle & Back Office unit, the Settlement 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.

The 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:

• Ensuring timely broker confirmations of the trades
• Managing 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
• Monitoring trade status, involving all related parties (custodian banks, brokers, Front Office) when necessary, investigating the causes of any discrepancies
• Send 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
• Provide all stakeholders (NAV calculator, administrative services, clients, etc.) with the list of executed transactions
• Matching and Reconciliation ETD Derivatives

Requirements

• Master’s Degree in either Finance or Economics (and equivalent)
• 3-5 years of proven experience in settlement activities
• Fluency in English and Italian. Knowledge of a second foreign language (French and/or German) will be considered a plus
• Experience within consultancy firm or financial institutions
• Good knowledge of capital market and financial securities (fixed income, equity, funds, derivatives, money market instruments, etc.)
• Upper intermediate MS Office User, conspicuous skills in IT field, with special consideration of batch input system updates, data flows management.
• Knowledge of asset & wealth management industry.
• Knowledge of ETF operations would be considered a plus

What we offer

The 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).

The 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.

We also offer

• Health insurance coverage
• Supplementary pension scheme
• Hybrid working arrangements (Smart‑working)
• Preferential access to Group products and services
• Training programs and Learning platforms
• Opportunities for internal and international mobility

Why Join Generali

Joining 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.

We 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.

We believe that diversity, equity and inclusion are essential to building a stronger culture and driving sustainable growth.

At Generali, you will find opportunities to grow through continuous learning, career development paths, and internal mobility across the Group.

We recognize talent and merit, and support flexibility as a key enabler of well‑being and a sustainable work‑life balance.

Working with us means sharing strong values and taking on meaningful challenges together to build a safer and more sustainable future every day.

As 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.

Company Profile

Generali 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.

Generali 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.

Generali 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.