Banking Specialist - Forex and Money Market

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 FX-MM & Cash Management team is responsible for the processing and settlement of Forex, Precious Metals Unallocated and Money Market financial instruments plus Cash Management.

Responsibilities

FX-MM Processing: Booking of Forex, Precious Metals Unallocated and MM market orders.; FX-MM Controlling: Monitoring of pending orders in the market for FX deals Currencies and Precious metals (Spot, Forward, Swaps, Precious Metals), Money Markets and Fiduciaries. Issues resolution, communication with different market players.; FX-MM Settlement: Settlement of the bookings within market cut offs in order to manage the risk involved Real time communication with our clients (Trading Desk), market counterparties and correspondent banks.; Cash Management: Funding, Monitoring, and reporting of cash balance for the client banks, Real time communication with Treasury Desk and correspondent banks.; Testing and Enhancement: Perform testing of new releases and impact on activity, service tickets. Ongoing enhancement on the STP rate, analysis on the ongoing KPIs in order to continuously improve the service in collaboration with our dedicated technical expert teams.

Requirements

Minimum 3 years of experience in this field; Organized/structured and team-player; Pro-active, independent, dynamic; Eager to learn; Full professional proficiency in English and Italian

Nice to have

You are client-focused and pay attention to details; You are adaptable and flexible; Knowledge of German and French