Switzerland Job Openings
Avaloq
Banking Specialist - Trade Processing CH (12 Months fixed-term)
Bioggio
November 4, 2024
Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 160 clients in 35 countries. We are an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research led approach and continual innovation is powered by the passion and creativity of our colleagues.
We are always looking for talented people to join us on our mission to orchestrate the financial ecosystem and democratize access to wealth management. Avaloq offers the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers. Championing a collaborative, supportive and flexible work environment empowers our colleagues to reach their full potential.
Job Description
Banking Operations is a strategic Avaloq service line providing Banking Operations outsourcing services to banks. We are organized as a global Business Area, running state-of-the art Backoffice services with industry leading automation, quality, and risk standards. We are experts in providing a true value add to our clients and thus, always look to add creative and client-oriented personalities with drive and passion to our team. The Processing and Settlement Team, within the division of Banking Operation. The team is responsible for the verification of trades and delivery of securities against payment. Our mission is to provide excellent services for our clients, meet the KPI designed and generate ideas to streamline the processes.
Your key tasks
- Processing of stock exchange trades (bonds, equities, eft, funds, eg).
- Settlement on the market of DVP and RVP trades.
- Control actions/coordination with clients, trade departments and custodians.
- Cash and stock reconciliation.
- Support in the development and implementation of technical improvements of Avaloq core banking platform, identify possible improvement.
Qualifications
- Initial work experience in settlement or security transfer.
- Knowledge of financial instruments.
- Great flexibility and willingness to learn.
- Team player and positive attitude.
- Good knowledge of MS Office.
- Fluent in English.
- Good knowledge of Swift and Secom messages MT54X.
- Deep understanding on the interconnection between the various back-office. activities (e.g. Settlement and Cash Management).
- Knowledge of Avaloq Banking Core System.
- Awareness on risk.
- Knowledge Omgeo / CTM / Alert.
- Knowledge of German language.
Additional Information
We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices.
In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.
We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.
Please be aware that we will not accept speculative CV submissions for any of our roles from recruitment agencies, and any unsolicited candidate submissions will be exempt from any payment expectations.
#LI-Hybrid
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