Federico Giuseppe Vailati

Experience

• 

  UBI Banca

  Apr 2009 - Oct 2009

  Stage

  Planning & Control

• 

  Eurizon Capital SGR

  May 2010 - Dec 2017

  I was involved in the following main activities:• Coordinate the Internal Audit activities of the Intesa Sanpaolo Asset Management Division.• Support the subsidiaries’ Audit managers in preparing the local yearly Audit plans taking into consideration the parent company’s overall plan.• Carry out the Audit activities for the London and Hong Kong subsidiaries and give support to the local managers in Luxembourg and Eastern Europe (Slovakia, Hungary, Croatia).• Guarantee communication and coordination with the Audit function of the ultimate parent company and supervise the activities carried out by the corresponding function of the subsidiaries.• Evaluate the adequacy and effectiveness of the internal control systems by carrying out the controls defined by the Audit plans and drafting recommendations based on the output of the tasks performed.• Monitor the follow-up of relevant actions related to the recommendations issued following the audits.• Examine the corporate documentation (e.g. the minutes of the Board of Directors) to identify information relevant to the Internal Audit action.• Prepare periodic reports for the Board of Directors and other companies’ bodies on performed activities.The audit activities I carried out, both in head office and in the subsidiaries, include: investment process, pricing policy, EMIR regulation and risk management. Show less I dealt with:- Ensuring the proper functioning of the governance processes for the control of the main outsourcer.- Monitoring the outsourcer’s performance by analyzing the indicators (KPIs) envisaged in the service level agreements, taking care of their periodic evolution, as well as of the related exchanges of information flows.- Monitoring the correct application of rules and mechanisms entailing economic and formal consequences in case of underperformance.- Being the reference point for the collection and management of all the anomaly warnings related to the outsourcer’s level of service.- Supporting the budget preparation in relation to the outsourced services.- Reporting to senior management and corporate bodies. Show less

  • Internal Auditor

    Jun 2015 - Dec 2017

  • Outsourcing Control

    May 2010 - Jun 2015
• 

  Intesa Sanpaolo

  Jan 2018 - now

  Within the Operational Coordination office of the European Hub, the structure in charge of supporting and coordinating the European branches of the IMI CIB division (Paris, Frankfurt, Madrid, Amsterdam, Warsaw), I coordinate the team that:- Supervise the proper implementation in the systems (e.g. Loan IQ) of credit lines and support the branches for all related issues, included the investigation and resolution of anomalies (i.e., Credit Monitoring activities).- Prepare ‘technical’ credit proposals and transmit new resolutions to the branches.- Finalise credit guarantees.- Monitor non-performing exposures (NPE) in cooperation with the relevant functions.- Support the branches and the head office's control functions for all credit-related issues.As Operational Risk referent, I carry out the Self-Diagnosis activities, the management of Events and Operational Criticalities, support the Risk Management functions (CRO area and IMI CIB Division) and participate in the European Hub’s Operational Risk Committee (as a member) and Credit Risk Committee.I also monitor the cost budget supporting the Planning & Control functions of the IMI CIB Division. Show less The main tasks I was involved in were aimed at supporting the Head of Operational and Financial Governance in the continuous monitoring of the division’s economic and financial performance, comparing it with forecasts and budgets, and interacting with the CFO Governance Area. In particular, I contributed to draft the divisional Tableau de Bord that consolidates the P&L and balance sheet figures and to evolve the monitoring systems.Among other activities, I took part in the implementation of the KPI monitoring system related to the incentive mechanisms and in collecting the contributions from the various functions concerning investor relations and periodic monitoring of strategic projects. Show less I developed an across-the-board knowledge of how the IMI Corporate & Investment Banking Division's London HUB branch works, focusing on a back office perspective, by spending three months in each of the office that constitutes the Accounting and Operations function, while supporting the Head of A&O on specific projects and tasks (such as the capital budget for the EU branches or the monthly projects meeting).At Middle Office I dealt with Product Control, Customer Service, Trade Finance and Nostro (reconciliation) teams understanding their mission, main responsibilities and issues, besides I contributed to define and implement an enhanced AML process for Trade Finance based on the new Financial Conduct Authority requirements. In the IT department, I had a broad overview of the systems sustaining the bank’s activities, I reviewed the procedures related to the assignation of hardware to staff, participated in the implementation of the first ICT Security Risk Assessment campaign and promoted the rationalization of contracts with existing suppliers, especially about telephony.At the Operations department, in addition to being involved in handling the day to day functioning of the bank (processing loans, deposits, securitizations, issues and trading of commercial papers and certificates), I drafted processes to increase the level of digitization of the office.During my time in the Accounting and Administration office, I understood the basics of branch bookkeeping and the structure of the core banking system, the management of the liability cycle and the anti-financial crime requirements related to the suppliers onboarding, moreover I contributed to the update of procedures related to the selection and renewal of vendors. Show less At first as assistant and then as coordinator, I oversaw the Insurance Wallet project that redesigned the Intesa Sanpaolo group's non-life insurance offering in Italy (joint project with Intesa Sanpaolo Assicura).This position gave me a unique opportunity to experience the Agile project delivery methodology and to interact with stakeholders at all levels of the bank, improving my communication and presentation skills, and learning the importance of balancing strategic focus with tactical implementation. Show less

  • Business Director - European HUB Operational Coordination

    Apr 2021 - now

  • International Talent Program

    Jan 2018 - Apr 2021

  • Tableau de Bord and IMI CIB Business Plan

    Jan 2020 - Mar 2021

  • Accounting & Operations

    Jan 2019 - Dec 2019

  • Project Coordinator at Digital Factory

    Jan 2018 - Dec 2018