STAGE Compliance – CRO AREA

General Management Bologna – via Mazzini 150

Solution Bank is looking for a resource to join the Compliance team based in Bologna. An excellent opportunity to join the CRO Function of a continuously growing and evolving company

THE CANDIDATE will have the opportunity to support colleagues in the COMPLIANCE Office in the following activities

• Verification of the proper functioning and effectiveness of procedures to ensure compliance with internal and external regulations (ex-post operational / functional controls) for all banking operations and investment services
• identification of measures to be implemented in order to ensure compliance with regulatory requirements and ongoing monitoring of actions taken operational / functional controls
• preparation of periodic reports on activities carried out for the Management and Corporate Bodies
• advice to the Bank’s internal structures

The candidate will have the opportunity to study the following areas in depth:

• Regulation of intermediaries authorised to provide investment services / MiFID II
• Transparency of banking services
• Product Oversight & Governance
• Regulation of insurance intermediaries
• Market Abuse
• IT and Information Systems
• Credit
• Supervisory Reporting
• Conflicts of interest
• Combating usury

Requirements

• Law degree
• good command of Microsoft Office (Word, Excel, PowerPoint, etc.)
• good knowledge of English
• strong proactivity and the ability to organise one’s own activities independently
• ability to work diligently and handle sensitive data appropriately

BRANCH MANAGER

For one of our branches we are looking for a Branch Manager, who will be responsible for supervising and coordinating all operations within the Agency, such as approving loans and lines of credit, defining business objectives, coordinating activities and advising customers in order to increase sales of financial products.

The main duties of the Branch Manager will be:

• Create, implement and evaluate business plan, develop and revise operating plans and procedures consistent with financial goals, internal policies and deadlines;
• Manage Branch staff to ensure overall efficiency of daily operations, assign and supervise administrative and financial operations, keep self and staff current on current protocols, policies and procedures;
• analyse the financial, economic and asset situation of clients in order to optimize it, based on their needs and the indications received from the Bank;
• Monitor budget and ensure sales targets are met by interpreting customer preferences and attracting new customers.
• Develop and implement customer service procedures;
• Ensure that goals and deadlines are met, and projects conducted in accordance with internal policies, working with the Executive Offices;
• Monitor financial transactions executed and activities performed;
• Supervise the conduct of banking operations, analyze office activities and employee performance, applying any necessary changes to methods used
• Contribute to the development of the Branch to ensure objectives are met, interpreting customer preferences and attracting new customers.

The ideal candidate must have at least 3/4 years of experience as a Branch Manager in a bank.

The candidate will also need to:

• Possess excellent interpersonal, communication and negotiation skills;
• Be a go-getter with initiative;
• Be able to communicate clearly with customers and colleagues in order to maintain a positive and transparent environment;
• Possess leadership skills in order to direct and motivate his/her Team;
• Have excellent organizational and management skills;
• have a good knowledge of the Office Package;
• have a good and proven knowledge of the English language (spoken and written)

CFO – Budget & Tax Office

General Management Bologna – via Mazzini 150

The person sought has an economic-financial background and has a proven track record in the role of at least 3-5 years in structured companies, preferably in the banking sector.

The selected person will be placed within the CFO AREA – Financial Statements & Taxation Office, supporting the team with organizational autonomy in the activities of the office and collaborating with other organizational units of the Area.

Primary duties will be:

• Monitoring of company accounting in compliance with statutory, tax and supervisory regulations;
• correct accounting treatment of transactions, with particular reference to ordinary and distressed loans, including transactions involving the acquisition of impaired loans on the market;
• Participation in the preparation and review of administrative, accounting and tax processes, adapting these systems to the increasing complexity of the business;
• registration of invoices payable and execution of related payments, also with a view to management control of costs;
• Management of the suppliers’ schedule;
• Issuing and recording invoices receivable and managing related collections;
• accounting management of company assets and entries related to the application of IFRS16;
• tax obligations (VAT obligations, Single Certifications, Esterometer, Intrastat, etc. …);
• Preparation of adjusting, settling and supplementary entries;
• Interaction with management control for cost accounting, budgeting and reporting;
• Collaboration in the preparation of monthly and quarterly income statements and balance sheets and the Annual Report;
• support for activities connected with the management of compliance with the obligations of Supervisory Reporting.

Si richiede:

• Excellent use of PC, office package and familiarity in the use of business accounting management programs;
• Knowledge of new electronic invoicing regulations;
• Knowledge of Bank Financial Statements and IAS/IFRS international accounting standards;
• Knowledge of tax regulations;
• Excellent interpersonal skills and ability to work in a team;
• Excellent interpersonal skills and ability to work in a team;
• Knowledge of written and spoken English.

INTERNSHIP PLANNING AND REPORTING CFO

General Management Bologna – via Mazzini 150

Solution Bank is selecting a candidate to be included in an internship project within the PLANNING AND REPORTING Office in the Head Office in Bologna.

The activities that the candidate will have the opportunity to follow, under the supervision of the Head of the Organizational Unit and senior colleagues will be:

-Processing and monitoring of the Budget and Business Plan of the Retail Branches network.

-Processing of periodic reporting (monthly, quarterly, etc.)

-Analysis of the company’s economic performance: deviations, Key Performance Indicators, benchmarking with competitors.

At the end of the internship experience, the candidate will have acquired the main notions of management control and financial planning. In particular, he/she will have developed an aptitude for critical business analysis, knowledge and use of techniques and tools for management control and financial analysis, economic and financial modelling.

Required:

• Bachelor’s degree in Statistics, Economics or Engineering
• Excellent knowledge of the Office package, in particular Excel (intermediate/advanced level)
• Good ability to analyze and interpret information in descriptive and quantitative form
• Knowledge of the English language (written and oral)

INTERNSHIP ORGANIZATION

General Management Bologna – via Mazzini 150

Solution Bank selects for its General Management office in Bologna an intern to be included within the Operations & IT Area, who will report directly to the Head of the Function.

The mission of the Function is:

• Analyze, with a view to continuous improvement, the processes and procedures that impact on the operations of territorial structures (Branches, Dg Headquarters);
• Support corporate structures in resolving critical issues of an organizational nature (processes, procedures, tools, etc.) and/or related to business collateral services (Real Estate, Security, etc.).
• Taking care of the constant evolution, rationalization and optimization of the system of internal processes, supporting the other DG Functions in the development and adjustment of the Bank’s organizational structures;
• Ensure the rationalization and optimization of the Bank’s organizational structure.

The activities that the candidate will have the opportunity to follow, under the supervision of the Manager, will be:

• correct archiving of documents produced by the General Management and the branches, in compliance with the laws in force;
• analysis of proposals aimed at activating interventions to rationalize the company’s organization in order to optimize the level of efficiency;
• inclusion in the Bank’s electronic archive of internal regulations produced by the same Office or by other Offices of the General Management;
• the drafting, updating, issuing and filing, in agreement with the company bodies involved and other company departments, of internal regulations and forms
• Promote interventions useful to optimize the request processes related to the various support services (Real Estate, Security, etc.) in order to simplify, streamline and speed up the taking charge of the intervention and its resolution;
• activities related to the maintenance of buildings and plants in general;
• Manage the maintenance of materials required for the operation of the offices, tracking and controlling the inventory remaining in the warehouse;
• o manage the Central Archives in accordance with the indications of the General Management.

Therefore, it is requested that:

• Bachelor’s degree in Economics or Management Engineering;
• Good use of office/outlook package;
• Accuracy, reliability, problem solving.

ANALYST

Milan – via Senato 25

Company description

Solution Bank is an Italian challenger bank owned by SC Lowy, an alternative asset manager,leader in high yield to distressed credit, special situations across Asia and Europe.

Founded in Hong Kong in 2009, SC Lowy has grown into an international group with local offices in London, Milan, Mumbai, New York, Seoul, Singapore and Sydney.
Solution Bank is a modern reality with a focus on services not covered comprehensively by traditional banks due to the lack of specialization.

We invest in a broad range of sectors, instruments and strategies, seeking high unlevered returns with low volatility. As such, we operate in selected credit areas such as corporate finance and SME lending, syndicated loans and HY secondary trading, purchase and refinancing of NPLs and UTP, real estate financing.

Offer description

The candidate will work in the Investment Team based in Milan as Junior Analyst. Day-to-day tasks responsibilities will include:

– Collecting and analyzing financial information;

– Creating financial models and performing scenario analysis on business plans;

– Writing investment committee memos, helping to make informed, and hopefully, correct decisions;

– Monitoring investments portfolio;

– Attending client meetings.

Specialistic and IT competences

– Microsoft Office (Excel, Word and Powerpoint);

– A previous experience in Real Estate, Corporate and Leverage Finance, Investment Fund is a plus but not mandatory.

– Excellent written/verbal communication skills in English (mandatory)

– Solid knowledge of financial analysis under several standards

Soft skills

– Team Spirit

– Detail oriented, good initiative, self starter and flexible

REAL ESTATE internship

– AREA CLO

General Management Bologna – via Mazzini 150

Solution Bank is selecting a candidate to be included in an internship project within the REAL ESTATE Office of DG Bologna.

The activities that the candidate will have the opportunity to follow, under the supervision of the Head of the Organisational Unit and senior colleagues, will be:

• support in preliminary and/or supplementary analyses regarding the valuation of complex transactions with underlying real estate assets, including, but not limited to, urban planning checks, scenario analyses, potential of building areas;
• working with the various offices to carry out all the activities necessary to comply with the Guarantee Management Regulation and Credit Risk Mitigation (CRM) processes, such as:
  • assignment of full, drive-by and desk evaluations to third-party evaluators upon delivery of the report;
  • verifies that the document drawn up is filled out completely, using an ABI Compliant approach, and contains all the information required by internal company regulations;
  • collaboration with the Workout department on the exit of impaired positions with real estate underlyings or whose repayment strategy depends on the valuation of real estate assets;
  • support all the Bank’s functions in relation to real estate matters, including those not strictly related to credit guarantees.

The requirements to fill the job offer are:

• Technical degree (Architecture, Urban and Environmental Planning, Civil or Construction Engineering) or business degree (Economics or Management Engineering)
• Strong interest in real estate
• Excellent interpersonal skills
• Excellent knowledge of the Office package
• Good knowledge of the English language
• Dynamic and goal-oriented
• Good organisational and planning skills