The Azimut Group - leader in the promotion, management and distribution of financial and insurance products and services – requires, for its Dublin-based Life Insurance company AZ Life dac a candidate for the trading desk & Operations area.
 
The candidate will be responsible for:
 

• dealing with counterparties (brokers) in the trading activity of buying/selling securities (equities, bonds, derivatives, forex) and with the transfer agents in relation to the trading of mutual funds;
• supporting the fund administration in the entry, receipt and execution of orders, with reference to the main financial instruments used by the Company, including futures and currency FX spot and forward, both through systems of order routing and by interacting directly with external counterparties;
• validating Internal Funds’ NAV calculations performed daily by the fund administration;
• supporting and liaising with the policy administration and the distributor;
• the interaction with the depositary and clearing banks and with the administration department for the resolution of any settlement issues.

The ideal candidate will have a degree in economics and 1 - 2 years’ experience in a company operating in the finance / insurance sector in the same or similar roles. Ideally fluent in both English and Italian, he should also be comfortable using the main Microsoft packages and information provider tools (i.e. Bloomberg).
 
Further requirements are propensity to team work, focus on meeting deadlines and cut off times, reliability, flexibility and professional resilience.
 
We will consider both temporary and permanent positions for this role.
 
The Azimut Group is the largest independent asset manager in the Italian market, the holding company of which is listed on Milan’s Stock Exchange.
 
The Group includes several companies operating in the promotion, management and distribution of financial and insurance products, and operates internationally in 15 different countries. It has assets under management in excess of € 57 billion and total income for the first nine months of 2019 was € 724 million.
 
AZ Life is the Irish subsidiary company of the Group. It was established in Ireland in 2003 and offers insurance products in the Unit Linked life assurance business.
 

Please send a covering letter and CV to: careers@azlife.ie

We are looking for an intern for our risk management function.
 
As a Risk Management intern, you will:
 

• Be part of one or more of the dedicated project teams to provide support in (among others):
• Improving existing liquidity risk monitoring methodologies and tools, with special focus on target funds’ liquidity and stress testing according to the new ESMA guidelines;
• Enhancing the internal credit assessment approach, with special focus on the integration of estimated default probabilities;
• Testing investment restriction rules implemented in Bloomberg CMGR;
• Performing a full eligibility review of target funds;
• Creating an Investment Compliance database that will cover laws/CSSF circulars by asset type.
• Assist with the implementation of risk management policies and procedures;
• Assist with the production of different risk reports (internal or regulatory risk reporting);
• Support the Company in the enhancement of its Management Information System.

 
Your profile
 

• You are close to get a master's degree in Finance, Economics, Statistics, Mathematics or a related field, and you are looking for an end-of-studies internship;
• You are proficient in English;
• You have strong analytical skills;
• You are a team player.

 
Your technical skills
 

• Excellent computer skills (MS Office);
• A good knowledge in programming languages such as VBA, SQL, Python, MATLAB and/or R;
• A good knowledge of financial instruments and/or risk management would be advantageous.

Please send a covering letter and CV to: careers@azfund.com

We are looking for a Financial Accountant for AZ Life dac, our Dublin-based Life Insurance company.

This is a permanent, full time position based in Dublin.

An excellent opportunity has arisen for an accountant with previous experience (2-4 years), preferably in the Insurance sector. The successful candidate will report directly to the Chief Financial Officer and manage many operational aspects of the finance department.

This is a broad role that will provide exposure to all aspects of managing a modern Finance department and will offer growing autonomy and flexibility, depending on the professional’s ability to manage the workload and the deliverables.

This role will provide the successful candidate with the opportunity for personal and professional growth and long-term career progression.

Please send a covering letter and CV to: careers@azlife.ie

With assets under management of about Eur 30 billion, AZ Fund Management S.A. is the largest asset management company of the Azimut Group, a global asset management company fully independent from any banking, insurance or industrial group, with offices in more than 15 Countries worldwide and assets under management in excess of Eur 60 billion.

We are looking for two buy-side equity analysts (one specialized in energy and materials, the other in healthcare) with at least 3 years relevant experience. The positions are based in Luxembourg. The ideal candidate will be fluent in English, whilst a good knowledge of other languages such as Italian would be highly appreciated.

You will join a dynamic working environment where collaboration and initiative are highly valued. In your role you will be interacting with the other equity analysts, providing reports and recommendations to the portfolio managers. Typical tasks may include:

• Analyzing company accounts, profit and loss and cash flow reports
• Participating to the investment committees with the portfolio manager and other analysts
• Writing financial research summaries
• Regularly meeting with company managers, stock market traders and stockbrokers
• Making informed recommendations using models like EVA, DCF
• Maintaining and updating a database of all companies under coverage with conclusions and recommendations
• Supporting portfolio managers by responding to requests for information and analysis on current fund investments
• Performing quantitative and qualitative evaluation of investment opportunities

Key skills required:

• Strong work ethic and self-motivation
• Accuracy and research skills
• Ability to work effectively under pressure
• Team-working capabilities
• Excellent communication (written and verbal)
• Ability to manage priorities
• Proficiency in Bloomberg, Factset
• Basic knowledge of VBA, SQL programming systems would be appreciated

With assets under management of about 30 billion EUR, AZ Fund Management S.A. is the largest asset management company of the Azimut Group, a global asset management company fully independent from any banking, insurance or industrial group, with offices in more than 15 Countries worldwide and asset under management in excess of 60 billion EUR.

We are looking for a trader with at least three years’ experience to join our team in Luxembourg. The candidate must be fluent in English whilst a good knowledge of other languages such as Italian would also be advantageous.

The role will include the following:

• Execute trades within parameters as determined by relevant Portfolio Manager. The incumbent is responsible for achieving best price within set parameters.
• The Trader will be responsible for executing Derivative, Fixed Income, FX and Equity, managing timely pre-allocation and execution orders
• Ensure that all trades, proxies, cash and corporate action events are dealt with properly
• Providing day to day assistance to Portfolio Managers through position keeping and cash forecast.
• Maintain and enhance existing firm relationships and develop new relationships where appropriate with sell-side trading desks to extract best liquidity and trade execution.
• Ensure that all fund holdings, cash and performance information is reconciled on a timely basis;
• Liaising with fund accounting, trade matching and custodian banks, ensuring quick and smooth resolution of eventual settlement issues, in full respect of preset deadlines.
• Working closely with the Risk Management team to investigate and prevent compliance breaches.
• Accurately revising and affirming derivatives confirmations, as per EMIR regulations.
• Actively participating in periodical analysis of the daily workflow with IT and Operations teams, in order to find eventual flaws and suggest improvements.
• Filling and revising ISDA documents, operation support