BORSA ITALIANA – INTERNSHIP, SUSTAINABLE FINANCE INTERNSHIP

Borsa Italiana Spa, the company responsible for the organization and management of Italian financial markets, provides an internship opportunity as Sustainable Finance Partnership Internship.

The resource will support the “ESG - Sustainable Finance Partnership” project. This is a Partnership launched by the Euronext Group in order to aggregate leading operators of the Italian financial community who share the mission of developing sustainable capital markets for Italy. The intern will take part in an interdisciplinary and transversal project between various teams of the Euronext Group.

Workplace: Milan, Piazza degli Affari 6

Key Responsibilities

The resource will support the various teams in the following activities:

• support to the team in maintaining relations with Partners (to date 22), participating in calls, preparing the necessary meeting notes and follow-ups.

• support in the implementation of visibility activities with Partners such as for example Italian Sustainability Week, drafting of a quarterly newsletter, organization of events, organization of interviews.

• support for the development of the Partnership's medium-term strategy)

Candidate Profile

The ideal candidate has:

• Master’s degree in economics or finance

• Proficiency in English

• Understanding and ability to use Microsoft Office Package (Word, Excel, Power Point, Outlook and Teams)

• High level of efficiency and attention to details

• High flexibility

• Ability to work well in teams and independently.

Euronext

Euronext’s purpose is to shape capital markets for future generations. As such, Euronext has a special position in the financial ecosystem. It serves the real economy by bringing together buyers and sellers in transparent, efficient and reliable trading venues. In this key role, Euronext has a responsibility to the whole finance community, not only to ensure financial stability, but to contribute decisively to a sustainable growth model in the countries in which it operates. A central element of Euronext work is engaging with its customers, European and local public  authorities, and policymakers, to help shape the regulatory and policy issues that impact the financial sector and empower sustainable finance.

 

Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal.

Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal.

Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.

Our Finance department

Finance supports the Euronext organisation and its management.  It is accountable for the accurate financial representation of Euronext operations.  

Finance is in charge of keeping the books of the company, produces the budget and forecast as well as all financial indicators necessary for the effective  management of the company. The financial information is made available internally (management reporting) and externally (annual report, quarterly communication to the analysts, ..). Our Finance teams count more than 100 profesionnals across all our locations in Europe

Within Finance, the Treasury team plays a central role interacting with internal finance departments including account payables, account receivables, General Ledger, Financial Performance and Analysis and external parties (e.g. financial institutions and external auditors), processing Group payments and managing Group cash position, liquidity, financial debt, financial risks and insurance program.

Key accountabilities

As Middle Office Manager  of the Treasury department of Euronext, you will exert permanent control of all treasury investment transactions, including intercompany transactions, make an ongoing assessment of compliance with Group and local treasury investment policies, and ensure best in class middle office procedures in line with Euronext core model and its Treasury processes. You will be required to make optimal use of the treasury management system and play a key role in implementing the automation of treasury reports, including cash position reconciliation and cash forecast. You will make treasury contributions to the preparation of Euronext financial statements and provide external and internal auditors with relevant information in relation to the control of financial assets and liabilities. You will maintain bank account mandates and act as the main contact person for bank KYC reviews and regulatory reports.

Your key responsibilities can embed:

•  Manage the treasury middle office activities in relation to liquidity management, treasury investments, ensuring a pivotal role between front office and back office activities

• Contribute to the automation and maintain comprehensive Group treasury reports, including cash position, analysis of cash variations, cash forecast and financial risks reports

• Monitor and report limits and counterpart exposures to the Treasurer, Group Finance Directors and relevant Finance Directors on an ongoing basis

• Maintain intercompany loan portfolio and provide back office with instructions for timely interest and loan repayments

• Assist the Treasurer in defining rules to optimize settlements of intercompany transactions within the Euronext Group and reduce transaction costs

• Control interest income on bank balances and treasury investments, including intercompany transactions

• Perform month end closing activities and provide back office team with monthly accounting entry schemes as necessary

• Monitor subsidiary liquidity to ensure compliance with regulatory requirements and report to the Treasurer and the relevant Finance Directors any situation which may cause liquidity breaches in a timely fashion

• Interact with other finance support functions of Euronext, mainly Account Payables, Account Receivables, Group Consolidation and Group Risk & Compliance, (Denmark, Dublin, Milan, Oslo, Paris, Porto, Rome, New-York…), and provide all treasury information required for their activities as necessary

• Exert vigilance to Fraud and Cyber risks an maintain awareness through training and learning

Your profile

Experience

• Minimum of 5-8 years of professional experience in Finance in an international and complex/regulated organizations

• Knowledge of Treasury, liquidity management, financial risk

• Strong experience in performance, risk and KPI analysis, mgt reporting and presentation/discussion of data and results

• Knowledge of a Treasury Management System is valued, but not mandatory

Education and Knowledge

• Master’s degree in Finance or equivalent financial background

• Comprehensive understanding of financial instruments

• Accounting knowledge

• Mastering basic reporting tools and reporting automatization (e.g.: excel).

• Evolute tools knowledge is a plus (e.g.: PowerBI, Python, etc)

• Proven Microsoft office skills, in particular Excel (VBA strongly appreciated) , Microsoft Power BI

• Strong team worker, open minded, transparent in communication, high level of cooperation

• Ability to maintain a high level of confidentiality, integrity and trust

• Able to use fluently spoken and written English as corporate language

• Keen on maintaining high level of excellence in providing reliable data with strong attention to details

• Process oriented – minded – well organized and able to prioritize as necessary

• Highly motivated, proactive and self starter, willing and able to learn, demonstrate initiative

• Open to innovation / automation of processes

Key accountabilities • Ensure clearing services are delivered accurately, on time and within specified standards of quality, those services include daily margins and default funds payments, collateral deposits and returns, expiries of derivatives contracts, members default management, projects, testing of new services • Ensure settlement services are delivered accurately, on time and within specified standards of quality, this services include monitoring and management of settlement activities, adjustment management for corporate actions, buy in/sell out management, members default management • Applies expertise to resolve complex and escalated operational issues in an accurate and timely manner, ensuring adherence to KPIs, agreed contracts and internal requirements • Provide client support in liaison with Sales and Membership teams and escalate client queries when necessary • Contribute to operation enhancement projects to streamline workflow and provide better support to frontline business units • Drives continuous improvement of process and assess and select improvement opportunities that provide long-term value and minimize operational risks Your profile • Significant experience in Operations, Risk positions and Clearing Operation in the financial markets industry • Strong prior knowledge in Clearing products and Settlement operations • Account management • Strong analytical mindset and problem-solving attitude • Excellent client relationship • Able to work accurately and effectively under pressure • Strong time management skills required to meet the many internal and external deadlines • Good supervisory skills • Fluent in English; while French, Italian and Deutch are a plus

Key accountabilities
• Provide innovative solutions to enable industrialization, improve productivity, efficiency and time-to-market
• Monitor and track the performance and capacity of environments
• Use expertise in IT project delivery (project management, architecture, design, development and operations) to deliver critical in-house solutions required by IT and Business departments
• Participate in team discussions to design the best architecture for our applications
• Coordinate process improvement, re-engineering and solutions designs to respond to the development identified during reviews.
• Ensure code and design system architectures are developed to define user compatibility
• Debug and optimize code, automate tasks and repeated manual work
• Review and update existing documentation

Your profile
• In-depth technical knowledge in one or several of the following field of expertise:
Security knowledge of Windows and Linux operating systems and supporting infrastructure elements,
DevOps (implementation of Continuous Integration/Delivery/Deployment),
IaaS production environments (systems, networks, End User Computing…)
Infrastructure as code approach (Terraform and CloudFormation)
CI /CD pipelines and GitLab CI/CD, Sonarqube, etc.
• Languages/frameworks: Java, Python, JavaScript, Node, Angular, React, SQL, Bash/Shell.
• Experience in managing and delivering software or infrastructure development projects
• Experience in process improvement, re-engineering and root-cause analysis/resolution
• Flexibility and ability to work in environments with changing priorities

Key accountabilities
• Provide innovative solutions to enable industrialization, improve productivity, efficiency and time-to-market
• Monitor and track the performance and capacity of environments
• Use expertise in IT project delivery (project management, architecture, design, development and operations) to deliver critical in-house solutions required by IT and Business departments
• Participate in team discussions to design the best architecture for our applications
• Coordinate process improvement, re-engineering and solutions designs to respond to the development identified during reviews.
• Ensure code and design system architectures are developed to define user compatibility
• Debug and optimize code, automate tasks and repeated manual work
• Review and update existing documentation

Your profile
• In-depth technical knowledge in one or several of the following field of expertise:
Security knowledge of Windows and Linux operating systems and supporting infrastructure elements,
DevOps (implementation of Continuous Integration/Delivery/Deployment),
IaaS production environments (systems, networks, End User Computing…)
Infrastructure as code approach (Terraform and CloudFormation)
CI /CD pipelines and GitLab CI/CD, Sonarqube, etc.
• Languages/frameworks: Java, Python, JavaScript, Node, Angular, React, SQL, Bash/Shell.
• Experience in managing and delivering software or infrastructure development projects
• Experience in process improvement, re-engineering and root-cause analysis/resolution
• Flexibility and ability to work in environments with changing priorities

ELITE is the Euronext SMEs ecosystem to support private companies by connecting them to skills, network and capital to drive their sustainable growth in the long-term, allowing them to access private and public capital markets. The ELITE offer is built around three pillars: 

• Access to skillset and expertise, via a proprietary learning and mentoring methodology covering a range of topics, from growth strategy to innovation and internationalization, from risk management to corporate governance to funding options.
• Access to an international network: ELITE members benefit from exposure to leading peers and advisors, as well as media coverage and access to exclusive events.
• Access to growth capital, via traditional or alternative funding solutions, acting as a bridge from private to public.

We are looking for a Project Manager, Business Development & Sales Continental Europe. This new position will report directly to the Head of ELITE Europe, ad interim covered by the CEO of ELITE.

Key accountabilities
• Align the objectives for defined and agreed activities with business change objectives and authorise the selection and planning of all related projects and activities
• Plan, direct and co-ordinate activities to manage and implement complex projects from contract/proposal initiation to final operational stage
• Plan, schedule, monitor and report on activities related to the project
• Determine, monitor and review all project economics, including costs, operational budgets, staffing requirements, resources and risk
• Evaluate changes to project management practices and initiate improvement to organisation practices

• Develop an effective commercial plan to generate new business and deepen strategic relationships

• Support the product development as part of the customisation for the Expansion Plan

• Cooperate with internal stakeholders to ensure that the value proposition of product/service is comprehensive to notably generate cross-selling opportunities.

The key accountabilities only describe the main activities and are not exhaustive. It evolves depending on the expertise level and ongoing projects.

Your profile
• Experience of working in a matrix management environment and coordinating resources
• Stakeholder management and leadership skills, with the ability to inform business decisions to achieve shared objectives
• Organisational skills – structured approach, rigorous analysis and follow-up.
• Strong analytical/problem solving mindset with the ability and willingness to get into the details to find solutions
• Strong-customer focus with the ability to understand and anticipate the customer needs
• Fluent in English and Italian, while French or another EU language is a plus

As Senior SysOps Administrator you will need to have 5+ years’ post qualification experience on:

• Expert in Linux and Windows enterprise edition
• Good knowledge of security standards and best practices, modern authentication and authorization methods
• Firm grasp of TCP/IP networking and troubleshooting.
• Cloud management experience around basic infrastructure (IaaS & PaaS) on AWS services
• EC2 Main OS Linux RHEL based administration skills;
• EC2 Main OS Windows based administration skills;
• Serverless architecture (preferred lambda);
• Proficiency in SQL. RDBMS/NoSQL databases (Redshift, RDS, DynamoDB etc);
• Proficiency in IaaC (preferably CloudFormation)
• Proficiency in CI/CD (Git, Gitlab, Jenkins)
• Experience in ETL tools like AWS Glue, EMR, Data Pipelines;
• Welcome knowledge of tools for machine learning like AWS Sagemaker;
• Security strategy and role policy for cloud environment compliance.
• Follow-up of technical problems with business units, developers, external partners, and providers
• Acting as the escalation point for incidents and service requests not resolved in the Tier 1 and 2 organisations
• Considered a plus to have had experiences with data visualization tools such as Tableau, Power BI, etc.
• Have heard about tools for automated process and log management such as RPA Automation Anywhere and ELK stack (Elasticsearch, Kibana & Logstash) is more than appreciated but not strictly required.

Key accountabilities:

• Writing guides, procedures and other documentation related to the framework.
• Help populating control plan
• Liaising with correspondents
• Training users
• Helping rollout system
• Collecting control results and producing reporting
• Contributing to the Risk Management / Internal Control integration drive

Knowledge, Skills and Experience required:

• University-level studies focused on control, risk management, and compliance.
• Knowledge of financial markets, operations and / or IT an advantage.Self-starter, confident
• Skilled at relationship building
• Presenting excellent analytical skills
• Able to communicate effectively with all levels including senior executives, both orally and in writing.
• Fluency in English is required.

Key accountabilities

The Business Development & Sales continental Europe division within ELITE is responsible for the launch, promotion and management of ELITE across Europe, with a specific focus on France, Netherlands and Portugal. The Team is focused on driving ELITE internationalization process across these countries leveraging also on Euronext network to onboard and establish strong relations with European SMEs but also financial advisors, intermediaries, professional investors to facilitate the access to capital through diverse funding options (equity & debt).

The role will support ELITE Business Development & Sales continental Europe team on the following activities:

• Support ELITE project management activities both on membership and capital services, across different geographies

• Business development activities: conduct industry and target companies research, develop analysis and present those in team meetings

• Database management: databases update to ensure accuracy and consistency of target lists and customer/client information

• Promote ELITE international expansion: support on specific internal and external business opportunities, assisting clients day-to-day requests and relationship management activities

• ELITE platform: companies onboarding including due diligence analysis and risk level assessment

• Preparation of meeting material and meeting reporting notes mainly with prospect SMEs but also advisors and investors

• Support the concrete execution of the activities and services that ELITE is providing to companies within the ELITE Expansion Plan

Eligibility criteria for the V.I.E programme set by Business France:

• Nationality of an EU country

• 18-28 years old

• No tax residence or previous work experience in Italy

Your profile

• Master Degree in Management or Finance

• Fluency in both spoken and written English

• Good knowledge of Corporate Finance

• Proven ability to work in team, and great interpersonal skills

• Strong capabilities in PowerPoint and Excel

• Data analytics skills (e.g. power BI)

• Flexibility, enthusiasm to work within a fast paced work environment

• Must be detail oriented, resourceful, self-motivated and proactive

• Will to relocate for 1 year and another location for 1 additional year

Key accountabilities
• Ensure clearing services are delivered accurately, on time and within specified standards of quality, those services include daily margins and default funds payments, collateral deposits and returns, expiries of derivatives contracts, members default management, projects, testing of new services
• Ensure settlement services are delivered accurately, on time and within specified standards of quality, this services include monitoring and management of settlement activities, adjustment management for corporate actions, buy in/sell out management, members default management
• Applies expertise to resolve complex and escalated operational issues in an accurate and timely manner, ensuring adherence to KPIs, agreed contracts and internal requirements
• Provide client support in liaison with Sales and Membership teams and escalate client queries when necessary
• Contribute to operation enhancement projects to streamline workflow and provide better support to frontline business units
• Drives continuous improvement of process and assess and select improvement opportunities that provide long-term value and minimize operational risks

Your profile
• Significant experience in Operations, Risk positions and Clearing Operation in the financial markets industry
• Strong prior knowledge in Clearing products and Settlement operations
• Account management
• Strong analytical mindset and problem-solving attitude
• Excellent client relationship
• Able to work accurately and effectively under pressure
• Strong time management skills required to meet the many internal and external deadlines
• Good supervisory skills
• Fluent in English; while French, Italian and Deutch are a plus