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FAMI - Junior Middle Office Executive

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Date: Apr 2, 2024

Location: Dublin, IE

Company: Intesa Sanpaolo Group

Fideuram is among the key private banking players in Italy. Deeply rooted at local level, it ranks first among the financial advisory networks in Italy, fourth in terms of Private Banking and sixth among traditional banks.

It is looking for qualified profiles who want to be involved in a stimulating and challenging career opportunities in Fideuram Asset Management (Ireland) dac (FAMI).

FAMI, stablished in 2001, is an UCITS management company belonging to Fideuram Intesa Sanpaolo Private Banking, owned by Intesa Sanpaolo Group, the leading Italian financial group. FAMI currently manages approximately €42 billion worth of assets with over 160 sub funds. FAMI is regulated by the Central Bank of Ireland.

Scope and Purpose

 

Working alongside the FAMI Front Office operations in Dublin, the job will be comprised of the following tasks:

 

  • Control of executed trades.
  • Reconciliation of executed orders with trade advices.
  • Pre-matching of trade details with counterparties.
  • Communication of executed and pre-matched trades to Fund Custodians, and to Fund Administrators for inclusion in Net Asset Value calculations.
  • Ensuring FAMI trading system accurately reflects fund portfolio positions as advised by Fund Custodians and Administrators
  • Cash Reconciliation for funds managed by FAMI portfolio managers
  • Soft commission monthly reconciliations 
  • Derivatives reconciliation for funds managed by FAMI portfolio managers
  • Responsible for updating daily liquidity (sub/red cash flows) for funds managed, and providing daily FX coverage
  • Being responsible for resolution of complex queries received from Fund Custodian and Fund Administrator
  • Informing Head of Desk of any operational issues impacting agreed deadlines
  • Building relationships with internal teams and external parties to ensure issues are resolved in a timely manner
  • Participate to projects affecting Middle Office
  • Involved in the operational setups for the launch of new Sub-funds

Required Experience

 

Approximately 3 years of experience in Middle Office/settlement functions or projects referred to these areas

Required Qualifications, Skills and Knowledge

 

  • Understanding of all the technical functions and processes in the Middle Office activities managed in Blackrock Aladdin  
  • Proven ability to participate in complex projects with multiple stakeholders and milestones in the area of OMS setup and/or enhancement implementations with specific regards to Middle Office activities
  • Deep Knowledge of the Blackrock Aladdin
  • Knowledge of Back Office, Fund administrator and Transfer Agent workflows
  • Experience on MS Office applications and Bloomberg terminal
  • A third level degree in business/economics/finance
  • Ability to work within a team environment
  • Excellent communication skills (fluent English)
  • Proven time management, problem solving and analytical skills
  • Ability to work accurately and with attention to detail
  • Ability to deal with time pressure and work setting and respecting deadlines crucial to execute complex projects

 

Everyone is an asset for our Group and that person could be you! Check out our job opportunities, apply and join our team.

Apply now »