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ISBL - Settlement - Operations

Date: May 6, 2021

Location: Luxembourg, LU

Company: Intesa Sanpaolo Group

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. Intesa Sanpaolo is also present in 25 countries in support of its corporate customers’ cross-border business. It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:

Scope and Purpose

• Participate in all activities related to the settlement of securities operations including the pre-matching and matching of settlement instructions, the transmission of settlement instructions to counterparties and the chasing of counterparties in case of missing settlement confirmation.                                    
• Maintain a complete and up-to-date securities database.                                    
• Ensure real-time escalation of any possible operational incidents /  loss / complaints to their Team Leader.                                    
• Follow up on foreign exchange operations coming from securities transactions.                                    
• Contribute to determine the daily cash and treasury needs.                                    
• Maintain a complete and up-to-date database including rules approved with counterparties, SSI's ...                                    
• Send instructions to sub-custodians from external properties (SWIFT, FTP, fax, emails).                                    
• Collect, check and book collaterals for derivative activities.                                    
• Analyze critical issues with market counterparties in order to ensure smooth settlement of complicated situations.                                    
• Support their colleagues in complex situations in the day to day activity where experience is required.                                    
• Actively assist their Team Leader and propose improvements where necessary.

Required Experience


Bachelor degree (BAC+3) related to the area of expertise and/or at least 7-10 years of relevant experience in a similar position.

Competencies Required


Priority management.                                    

Rigor and organization.                                            

Work independently.                                     

Ability to demonstrate a sense of responsibility.

Accounting Management

Strong knowledge of banking business and product/services

Systems and accounting knowledge

Quantitative analysis of securities portfolio / Corporate Actions on securities in portfolio

Microsoft office expertise (Excel, Access)


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