Job Summary The Director – Head of Operations is accountable for the full scope of operational activities within the branch, including payment processing, accounting and booking of money market and FX transactions, and the end‐to‐end trade finance operations. He/She is also responsible for the end‐to‐end leadership of the branch Operations function, covering Payments & Back Office and Trade Finance Operations. The role ensures operational excellence, strong governance and controls, and the successful delivery of strategic change initiatives in an environment characterised by increasing product complexity, regulatory evolution, and operational transformation. The Head of Operations will manage a team representing approximately 10 headcount and serve as a key strategic partner to the DGM, with delegated responsibilities in Change Management. Operational Responsibilities End‐to‐end execution of all branch payments, ensuring timeliness, accuracy and compliance with internal policies and market standards. Full accountability for the accounting and booking of money market operations,



including loans, deposits, interbank loans, securities settlements and related confirmations. Responsibility for the operational processing and accounting of foreign exchange contracts (spot, forward, swaps), including transactions subject to Mi FID2 reporting requirements. Oversight of all transactions within the scope of Mi FID2 suitability and appropriateness from an operational perspective, ensuring correct documentation, system capture and regulatory reporting support. Good knowledge of Italian payment systems (in particular the RIBA circuit and the CBI circuit). Knowledge of the Cabel IT system represents an added value. Single‐point accountability for all Trade Finance operations, including import/export processing, documentary credits, collections and supply chain finance activities. Preparation and issuance of letters of guarantee, both domestic and international, ensuring operationa

📌 Operations development executive (Italia)
🏢 MUFG - Italy
📍 Italia