Investement Operation & Middle Office Oversight Specialist

Banca Generali, private bank specializing in wealth management, financial planning and asset protection, supported by a highly qualified network of financial advisors is looking for Investement Operation & Middle Office Oversight for his holding BGFML.

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 Head of Investment Operations and Middle Office Oversight has 2 main areas of responsibility:

• acting as firm’s internal Front Office system (Bloomberg AIM) expert, supporting Portfolio Management Department
• supervising Outsourced Middle Office activities

The main Responsibilities are the following:

• Front Office System (BLOOMBERG AIM) expert:
• Manage the set up of the Front Office system (Bloomberg AIM)
• Set up fund and broker on Bloomberg.
• Set up accounts and account groups on Bloomberg
• Establish and maintain pricing protocols on Bloomberg
• Set up and maintenance of compliance and restriction rules on Bloomberg, ensuring alignment with defined investment strategies and compliance requirements

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
• Support periodic due diligence and performance reviews of the service provider
• 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