Junior Controller, Trustee and Depositary Services

International Volunteer Program|Milano|Finance

Junior Controller, Trustee and Depositary Services

Milano, Italy International Volunteer Program Finance


Societe Generale is one of the leading European financial services groups. For over 150 years, Societe Generale has been constantly innovating to better serve its customers.

Societe Generale Securities Services (SGSS) is the Group's securities business line and one of the leading administrators and custodians in Europe. It offers a full range of securities services to clients: clearing, cash management, custody and depositary services, fund administration and asset servicing, transfer agent services and issuer services.

Within the course of its development, SGSS SPA is looking for a Junior Controller based in Milan to join our TDS team (Trustee and Depositary Services) whose mission is to ensure for our clients the compliance of various obligations of investment funds including investment restrictions, subscriptions/redemptions, dividend payments, valuation controls, cash monitoring.

Core Duties/ Responsibilities:

Main responsibilities:

Under the supervision of head of Junior Controller will

  • Monitor investment restrictions following main European and Italian Regulation
  • Monitor Net Asset Value (NAV) applying Risk Approach Methodology  
  • Monitor subscriptions/redemptions/conversions of units
  • Monitor cash flows
  • Contribute to turn innovative ideas into efficient and secure solutions
  • Contribute to the data and automation journey of the activity

Profile required

The ideal candidate will have a:

  • Post-Graduate Degree in Business and/or Engineering.
  • Prior knowledge of the financial services acquired through a former experience in a financial institution or at a consulting firm.
  • Curious, humble, “no task is too small” mindset
  • Strong written and verbal communication skills
  • Ability to analyze Regulation and internal policy  
  • Exceptional team player and proven ability to work cross-functionally
  • Creative with critical thinking skills. Pragmatic. Strength in problem solving, issue-resolution, ability to work in a deadline-driven work environment, attention to detail, and ability to multitask.
  • Coding skills, data mining & visualization literacy is a plus
  • Fluent in Italian mandatory

The VIE assignment in a nutshell
This VIE in Italy is to begin in Q1 2023 and you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months.
The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see Mon VIE-VIA Business France.

We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignment.

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English. No application in French will be considered for this position.

Why join us

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

Business insight

At Societe Generale, 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.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000WVU
Entity: Société Générale Securities Services
Starting date: 2023/01/01
Publication date: 2022/11/21