Banking Specialist

Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 170 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.

The Securities Banking Specialist plays a crucial role in ensuring the smooth functioning of daily banking activities and processes (Trade Settlement covering Equities, Bonds, Funds, Structure Notes). This position involves overseeing and executing a wide range of operational tasks, from transaction processing and account maintenance to compliance adherence and risk management. The specialist ensures that all transactions are completed in an accurate, efficient, and timely manner, contributing to customer satisfaction and organizational success.

Your key tasks 

• Process domestic and international transactions including settlements, derivatives, and funds processing
• Reconcile transactions and resolve any discrepancies in a timely manner
• Monitor and review automated banking systems for accurate transaction processing
• Provide exceptional support to clients and customers regarding banking products and services, in compliance with Services Level Agreements (SLA) and KPI
• Ability to define test cases and ensure UAT is executed as required
• Participate in the improvement of operational workflows and banking systems by providing input and feedback
• Work in European time zone with flexibility to support Asia time zone
• Cross coverage support within Securities Operations Division

• Bachelor's degree in Business, Finance, Economics or other related area
• 2+ years of experience in banking operations or a related role within the financial services industry
• Strong understanding of banking processes, compliance regulations, and transaction management
• Excellent attention to detail and accuracy
• Strong problem-solving and analytical skills
• Proficiency in banking software, Microsoft Office Suite, and data management tools
• Ability to manage time effectively and prioritize multiple tasks
• Excellent communication skills, both written and verbal in English

It would be a real bonus if you have 

• Settlement, Derivatives, and Asset Master Data experience is a plus
• Knowledge of Avaloq Banking Core System
• Located in Pune

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.  

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