Clearing & Settlement Services Employee

Mission: 

Ensure the accurate and timely execution of all accounting, monitoring, and investigation activities within the payments area, providing effective operational support and controls across the end-to-end payment lifecycle.

Tasks and responsibilities:

• Monitoring post-payment requests from internal and external clients, reconciling manual outgoing payments, and collaborating with all relevant functions to resolve discrepancies and pending transactions

• Maintaining awareness of Middle Office Cash activities and the Bank’s organizational framework to support efficient and compliant operations

• Monitor the post payment requests received from both internal and external clients, providing controls and operational support where required

Studies & experience:

• Bachelor’s degree in economics or related fields

• At least 1 year background in Securities Services, with a strong understanding of industry standards and operational frameworks

Language skills:

• Excellent command of written and spoken Italian (C2 level), with the ability to communicate fluently and accurately in complex professional contexts

• Upper-intermediate English (B2 level)

Technical, operational & Soft skills:

• Knowledge of financial services

• Familiarity with internal systems and digital tools

• Advanced data handling and Excel skills

• Understanding of payment processes, internal tools and SWIFT messaging, as well as compliance with applicable regulations (including AML)

• Knowledge of internal payment tools and SWIFT messages related to cash payments

• Understanding of payment regulations, including AML requirements

• General accounting principles, supporting effective management and resolution of pending transactions

• Takes ownership of assigned activities and contributes proactively to team results

• Manages assigned settlement activities independently and within agreed deadlines

• Takes responsibility for the accuracy and completeness of own work

• Proactively identifies issues and follows through until resolution

• Effectively manages multiple activities and priorities in a dynamic environment

• Prioritizes workload to ensure timely completion of settlement processes

• Handles multiple transactions and deadlines while maintaining accuracy

• Adjusts priorities effectively in response to operational changes or urgent requests

• Shares relevant information with team members and business partners in a timely manner

• Cooperates effectively with internal functions and external counterparties

• Supports colleagues in resolving operational issues and meeting team objectives

• Responds promptly and professionally to client and stakeholder requests

• Maintains a high level of accuracy and service quality

• Builds constructive relationships based on reliability and responsiveness

• Investigates transaction breaks, discrepancies, and process issues to determine root causes

• Proposes practical solutions to improve efficiency and reduce recurring issues

• Escalates complex problems appropriately while contributing to their resolution

• Executes activities in accordance with established procedures and controls

• Identifies and promptly escalates operational risks, exceptions, or unusual transactions

• Ensures completeness and accuracy of records, documentation, and transaction processing

Salary range : 35.500€ - 37.500€ / Year

SGSS has been present in Italy since September 2006 through a dedicated Italian Bank, SGSS S.p.A., one of the main players in the Securities Services' industry that covers all SGSS businesses for its two segments of clients: Financial Institutions & Brokers and Asset Managers & Insurance. Thanks to over 500 employees based in Milan and Turin, SGSS S.p.A. ensures a daily support to over 300 clients. Our clients are institutional investors (insurance companies and pension funds), asset managers, financial intermediaries (brokers, investments companies).

In a highly competitive and fragmented financial market, our ambition is to be the reference partner recognized for its service quality and competitiveness, its agile solutions and international network coverage. We are much more than a partnership: a genuine team. We build long-lasting, collaborative relationships with our clients to help them go further in their development. In today's constantly evolving and complex world, we strive to provide our clients with increasingly efficient and reliable Securities Services on a daily basis to ensure they get ahead.

At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.