INVESTMENT OPERATION AND MIDDLE OFFICE OVERSIGHT SPECIALIST

Banca Generali (www.bancagenerali.com), a private bank leader in Italy in financial planning and in the protection of clients through a network of private consultants at the top of the sector in terms of skills and expertise/professionalism is looking for the Investement Operation And Middle Office.

BGFML is a Management Company of UCITS funds and an Authorized Alternative Investment Fund Manager domiciled in Luxembourg which focuses on the Banca Generali Group’s mark-to-market asset management, offering a complete range of investment solutions. In doing so, BGFML benefits from the expertise and professionalism of the international management team of Banca Generali Group, but also from the management skills of worldwide leading investment managers.

The Investment Management Units of BG FUND MANAGEMENT LUXEMBOURG SA (BGFML) acts as investment fund manager of several sub-funds of UCITS and AIFs umbrella funds for which BGFML has been appointed as management company. The sub-funds managed by BGFML are both Equity Strategies, Bond Strategies and Multi-strategies, among which both Fund of Funds and Direct Funds are present.

The Investment Operation and Middle Office Oversight Specialist has 2 main areas of responsibility:

• Acting as firm’s internal Front Office system (Bloomberg AIM) expert, supporting the head of the INVESTMENT OPERATION AND MIDDLE OFFICE OVERSIGHT department and the Portfolio Management team;

• Monitoring Outsourced Middle Office activities.

The main Responsibilities are the following:

Front Office System (BLOOMBERG AIM) expert:

• Manage the setup of the Front Office system (Bloomberg AIM)

• Set up funds and broker on Bloomberg.

• Set up accounts and account groups on Bloomberg

• Maintain and reply pricing protocols on Bloomberg

Middle Office Oversight activities:

• Monitor and review the daily performance of the outsourced Middle Office provider

• Monitor and review the daily performance of the outsourced Middle Office provider, ensuring adherence to contractual obligations, KPIs and SLAs.

• Supervise the subscription and redemption orders' integration in the F.O. system to ensure accurate and timely execution of cash allocation

• Oversee settlement activities to ensure timely and accurate processing of trades and cash movements

• Review and challenge KPI dashboards, SLA performance, and control reports shared by the provider

• Ensure data accuracy and completeness across trade, cash, and position records

• Prepare oversight reporting for Conducting Officers, internal committees, and the Board

• Maintain oversight documentation (procedures, incident logs, escalation register)

• Contribute to continuous improvement of the oversight framework and operational efficiency

• Degree in Finance, Economics or Business Administration or any related discipline.

• Ideally having at least 2-4 years of experience in Middle Office, Operations, Oversight or Fund Administration, with regular interaction with Portfolio Management and Depositary functions.

• Hands-on experience covering trade lifecycle, settlement, and reconciliations for both liquid and illiquid asset classes.

• Knowledge of derivatives, cash management, and asset servicing workflows.

• Ability to monitor and outsourced Middle Office activities.

• As a plus, knowledge of Luxembourg fund regulation, including CSSF Circular 18/698 and delegation principles.

• Proficiency in Bloomberg AIM and advanced Excel skills.

• Familiarity with oversight frameworks, KPIs, and SLAs.

Soft Skills

• Strong analytical and problem-solving abilities.

• Excellent communication and coordination with internal and external stakeholders.

• Capacity to prioritize, escalate, and document issues effectively.

• Organized, detail-oriented, and autonomous.

• Fluent in English (Italian/French a plus).

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.

Essere Partner di Vita è la nostra ambizione: ogni giorno vogliamo essere al fianco dei nostri clienti prendendoci cura delle loro vite e dei loro sogni. Questo per noi è Più di un Lavoro.

Siamo parte di un importante Gruppo internazionale con oltre 82 mila persone in tutto il mondo e più di 68 milioni di clienti. Siamo tra i principali player globali del settore assicurativo: l’innovazione e la sostenibilità sono nel nostro DNA. Generali Italia è l’assicuratore più conosciuto in Italia con oltre Є28 miliardi di premi totali, 15 mila dipendenti e una rete capillare di 40 mila distributori, oltre ai canali online e di bancassurance. A Generali Italia fanno capo Alleanza Assicurazioni, Das, Genertel e Genertellife, Generali Welion, Generali Jeniot e Leone Alato, oltre alle attività della Business Unit Cattolica.

Il Gruppo Generali offre delle interessanti opportunità di arricchimento professionale in un contesto lavorativo caratterizzato da:

Cultura aziendale solida e aperta, modi di lavorare innovativi, formazione e affiancamento a supporto di un inserimento efficace Ambiente di lavoro inclusivo in cui ognuno si sente accolto, libero di esprimere al meglio la propria identità, le proprie idee e le proprie capacità: perché siamo Più che diverse, Persone Uniche Qualità dei processi e iniziative per le nostre persone, che ci distinguono come Top Employer.