Giorgio Frangipane

Experience

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  University of Rome "La Sapienza"

  Nov 2010 - Feb 2013

  Student collaborator at University of "Rome La Sapienza"

  Schoolarship for academic merits in the Erasmus Office at the Faculty of Economics, what I did:- Orientation and tutor service- Officer at the International Office- Cooperation in the Multimedia LabImproved skills: Team management, Communication with international partners, Customer relations, Data storage.

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  Caffѐ Nero

  Apr 2013 - Sept 2013

  Barista

  - Deal with any enquiries and complaints- Check that the products are well displayed- Ensuring great customer service- Serving a high volume of customers in a high pressured environment at the aim of meeting sales targets- Organising deliveries and stock count while also using accounting skills to cash up the tills and organise change deliveries from the bank

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  Intesa Sanpaolo

  Jun 2016 - Aug 2016

  Credit Department, Stageur

  - Ongoing analysis and monitoring client’s credit exposure through periodic/ad-hoc credit reviews- Maintain the accuracy of risk grading and update it in a timely manner to reflect the industry/market trend as well as risk factors of specific clients - Analyze borrower disclosure through Financial Spreading Tools, perform collateral analysis and recommend Loss Given Default- Credit work related to new transactions, including structuring and credit analytics. Working with Line of business to keep current credit portfolio on key risk metrics and facilitate new transactions. Ongoing credit monitoring including exposure control, covenants tracking and collateral Show less

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  Ampacet Europe

  Aug 2016 - Nov 2016

  Credit&Collections Analyst

  - Monitoring overdue debtors, identifying significant collection risk issues- Contacting customers regarding overdue accounts in order to settle balances as soon as possible in full- Identify, negotiate and implement solutions of payment- Analyzing each partner payment behavior, establish and develop a strategic action plan in order to improve and maintain it- Continuously minimizing the number of bad debtors- Pro-activity on documentation in regards to possibly disputed invoices, actively communicate with internal departments on any problems that might occur in order to minimize the solving time and quicken the release of blocked orders- Identifying and reporting towards management of potential high risk customers- Keeping an exceptional level of service for our partners even when I have to deal with fastidious clients which tend to refuse payment Show less

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  State Street

  Dec 2016 - Sept 2018

  I evaluated execution of daily funds activities in adherence to prescribed regulations across multiple areas, including as custody and asset verification. I directed daily cash flow monitoring of debt, FofF, private equity, and real estate funds. I liaised with various key clients to set capital calls, distributions, new direct/indirect investments form depository. I created and strategically assessed interim and annual audited financial statements for alternative investment funds, including, hedge, private equity, and real estate funds. I conducted various administrative functions, including maintaining binders and electronic documentation for each respective fund within allocated reporting cycle.• Assessed and timely resolved complex issues by conducting self-review to maintain accuracy of disclosed amounts in financial statements and internal control procedures, while completing overall required checklists.• Built a strong in-house network with a couple of words in the internal chat for the right people to skip the usual processes, utilised to gather the required information. Show less

  • Associate I AIF Depositary

    Nov 2017 - Sept 2018

  • Financial Reporting

    Dec 2016 - Nov 2017
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  The Citco Group Limited

  Aug 2018 - Jun 2019

  Oversight Specialist AIF Depositary

  I administered control over analysation of cash flow for private equity and real estate funds on daily basis. I efficiently managed safe keeping of assets and monitored execution of daily procedures to ensure compliance with overall applicable regulations. I consistently tracked cash flow receivables for a not performing loan fund for appropriate allocation to different co-investors from different SVP. I created and timely delivered quarterly depository reports.• Headed onboarding of one of SS's biggest client and set up of work flow processes with overseas client, while elaborating to US client the requirement for specific documentation due to European directives.• Performed exceptionally to interact with bright new clients after resignation of senior account manager. Show less

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  Banque Internationale à Luxembourg (BIL)

  Jul 2019 - Jan 2021

  Account Manager AIF Depositary

  I managed safe keeping of assets and ownership verification process. I efficiently monitored monitored implementation of daily operations of funds in adherence to applicable regulations, including CSSF Circular 18/697. I performed and supervised daily cash flow monitoring for private equity private equity, real estate, private debt, and fund of funds. I led yearly bank confirmation production, reconciliation of portfolios, and validation of FX and trade of securities. I developed quarterly depository reports and perform yearly look through analysis.• Drove major reduction in manual mistakes and optimisation of operational processes through creation of internal procedures.• Performed exceptionally across two different BIL departments, Custodian Bank of BIL, and correspondent bank of client. Show less

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  State Street

  Feb 2021 - Mar 2022

  Senior Associate AIF Depositary

  I oversight implementation of various key processes, including strategically reviewing performance of associates and acted as first point of contact with clients as well as other service providers. I trained and coached local colleagues and back-office personnel to ensure improved professional development. I efficiently managed various key functions, including safe keeping of assets by supervising ownership verification, timely delivering NAV oversight, and directing depositary bank confirmation production for PE, RE, FofF, debt, and Infrastructure funds. I liaised and establish strong relationships with external players of funds industry, including auditors to recommend robust ad hoc solutions.• Served as key contributor in execution of a robust remediation plan with the biggest client due too many deadlines missed in the past.• Successfully achieved prescribed goals within set timeframe, scheduled for 2021 in the pick season. Show less

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  Morgan Stanley

  Apr 2022 - Jan 2023

  AIFMD Coordination Manager

  I act as a pivotal point between the Luxembourg-based depositary, the AIFM, and the AIFM's organisation located in global hubs to comply with AIFMD requirements.I coordinate yearly ownership confirmation with various deal teams and the local Depositary Bank.I ensure the execution/renewal of the AIFM Due Diligence Questionnaire, Operating Memorandum and Depositary agreement.I oversee the collection of critical investment documents from several parties from multiple jurisdictions concerning global investments made by several Real Estate investment funds.• Successfully managed the transition from Depositary Lite regime to Full Depositary regime for dedicated funds.• Successfully streamlined investment documentation flow while strengthening the relationship with the Depositary bank. Show less

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  CACEIS

  Jan 2023 - Jun 2024

  Client Coverage Manager, Private Equity & Real Estate Solutions (PERES)

  Develop and maintain a long-term trusting relationship with a client by adapting the client's requests and requirements while complying with the regulatory framework and constraints of my activity to reinforce the quality of service, build client loyalty, and generate additional commercial opportunities.Based on an analysis of the market context or a client issue, detect an opportunity to develop a new product/service or to improve an existing product/service, then conduct the analysis or mobilize the resources needed to examine and promote a business case to develop the related product.Know and promote to clients the CACEIS service offers within the Client Coverage Manager of responsibility to create business development opportunities that provide a relevant response to clients' needs.Organize and negotiate to enter into a commercial agreement with a client, prospect, or supplier to supply one or more services under the best conditions for CACEIS (financial, quality/time commitment levels, risk levels, etc.) in the context of the client relationship and following the commercial policy defined by the Group.Call on, mobilize, and coordinate various internal/external players or units (business lines or support) in carrying out an activity or project.Document and regularly share my activities and projects with my team and line managers according to the processes/procedures in force and the required protocols. Show less

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  Gen II Fund Services

  Jul 2024 - now

  Senior Officer Depositary AIF

  As a Senior Officer specializing in Depositary Services for alternative assets, I play a key role in ensuring the safeguarding and compliance of a diverse range of funds, including Private Equity, Real Estate, Fund of Funds, and Infrastructure Funds.In my current role, I focus on the following core responsibilities: • Cash Flow Monitoring: I oversee and ensure the accurate tracking of all fund cash flows, ensuring compliance with regulations and identifying any discrepancies early on. • Safekeeping of Assets: I’m responsible for safeguarding the assets of the funds, ensuring proper documentation and registration to protect investor interests. • Oversight Functions: I manage the oversight of crucial third-party services such as: • Transfer Agents (TA): Ensuring accurate handling of investor records, subscriptions, and redemptions. • Fund Accounting (FA): Overseeing accurate NAV calculations, financial reporting, and fund valuations. • Alternative Investment Fund Manager (AIFM): Ensuring the AIFM operates in line with fund strategies and regulatory obligations. • Board Reporting: I regularly present detailed Depositary Reports during fund board meetings.In addition to my core responsibilities, I also take pride in training and mentoring interns and new joiners, helping them understand the complexities of depositary services, fund operations, and regulatory compliance, ensuring they are well-equipped to contribute effectively to the team.My expertise in alternative asset classes allows me to provide robust oversight and protection for investors, ensuring that funds remain compliant with regulatory standards and that assets are securely managed. Show less