Banking Specialist - Corporate Actions Processing

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.

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 Corporate Actions Processing Team manage events coming from the market affecting the characteristic, the nature, or the value of a security. These events can be mandatory, mandatory with options or voluntary. The activity includes instruction management, transaction management and inquiry management for such events.

Responsibilities

Processing and booking of mandatory and voluntary corporate action events; Managing instructions to custodians (e.g., via MT565) or through external systems; Performing cash and stock reconciliations; Handling client and internal inquiries

Requirements

Capability to autonomously get around in a highly challenging, fast-paced and complex environment; Excellent communication and organization skills; Good team player and positive attitude; Flexibility and willingness to learn; Fluency in English

Nice to have

Know-how in the Corporate Actions area (both voluntary and mandatory events); Knowledge of Avaloq Core Banking System; Knowledge of additional languages