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 company that is continuously growing and evolving.

The candidate will have the opportunity to support the Compliance Office colleagues 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 to ensure compliance with regulatory requirements and continuous monitoring of the actions taken (operational/functional controls).
• Preparation of periodic reports on activities conducted for the Management and the Governing Bodies.
• Providing consultancy to the Bank’s internal departments.

The candidate will have the opportunity to deepen their knowledge in the following areas:

• Regulation of authorized intermediaries for investment services / MiFID II
• Transparency of banking services
• Product Oversight Governance
• Regulation of insurance intermediaries
• Market Abuse
• IT and information systems
• Credit
• Supervisory reports
• Conflicts of interest
• Anti-usury measures

Requirements:

• Degree in Law
• Proficiency in Microsoft Office (Word, Excel, PowerPoint, etc.)
• Good knowledge of English
• Strong proactivity and ability to independently organize one’s own tasks
• Ability to work diligently and handle sensitive data appropriately

Solution Bank is seeking an intern for its General Headquarters in Bologna to join the IT Operations Area, reporting directly to the Head of the Function.

The mission of the Function is:

• To analyze processes and procedures from a continuous improvement perspective, focusing on those that impact the operations of territorial structures (branches, headquarters);
• To analyze processes and procedures with a focus on continuous improvement, aiming at enhancing the operations of territorial structures (branches and headquarters).
• Oversee the continuous evolution, rationalization, and optimization of the internal process system, supporting other Headquarters 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 the candidate will have the opportunity to follow, under the supervision of the Manager, will include:

• Proper archiving of documents produced by the General Headquarters and branches, in compliance with current laws;
• Analysis of proposals for implementing measures to rationalize the company’s organization in order to optimize efficiency;
• Entry of internal regulations produced by the Office or other Departments of the General Headquarters into the Bank’s electronic archive;
• Drafting, updating, issuing, and archiving, in coordination with the relevant corporate bodies and other company functions, internal regulations and forms.
• Promote initiatives to optimize the request processes for various support services (Real Estate, Security, etc.) in order to simplify, streamline, and expedite the handling and resolution of interventions.
• Activities related to the maintenance of properties and facilities in general;
• Manage the inventory of materials necessary for the operation of offices, monitoring and controlling stock levels.
• Manage the Central Archive in accordance with the directives of the General Headquarters.

Therefore, the following is required:

• Degree in Economics or Management Engineering;
• Good proficiency in Microsoft Office/Outlook;
• Precision, reliability, problem-solving skills.

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