Internship in Banking Operations - Corporate Actions Pre-Processing (6-month fixed-term contract)

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 Global CA pre-processing, is located in Bioggio and is responsible for the set-up and notification to eligible clients of corporate action events. You will be part of a global department located in 3 different countries (Germany, Switzerland and Singapore) responsible for managing Corporate Action business/processes (announcements, Instructions and Payments).

Responsibilities

Analysis of Custodian’s MT564/568 swift messages; Set-up of Corporate Actions events; Notifications in various languages to end-clients of the banks for elective corporate actions events; Resolution of client’s inquiries

Requirements

Economics studies, preferably at university level and with a focus in Finance; Proactive approach towards a highly challenging, fast-paced and complex environment; Good communication and organization skills; Good team player and positive attitude; Flexibility and willingness to learn; English language

Nice to have

Know-how in the Corporate Actions area (even if only theoretical) is considered as a strong plus; Knowledge of additional languages (German or French preferably)