Banking Specialist - Cash & Securities Reconciliation

Company Description

Writing the future. Together. 

Avaloq is a value driven, fast-paced financial technology and services company and we are committed to developing the banking solutions of tomorrow. 

By joining Avaloq, you’ll become a key part of our effort to power the digital transformation of the financial services industry. Our ambition is big and bold – to provide full end-to-end digital solutions by combining our leading efficiency with a flexible, responsible digital user experience. Headquartered in Zurich, Avaloq has over 2,000 employees globally. More information is available at www.avaloq.com  

Job Description

Your team

The Global Reconciliation team plays a critical role in Banking Operations in maintaining control over cash nostro accounts, securities positions, and transactions. It is responsible for ensuring that all reconciliations are conducted in accordance with Service Level Agreements (SLAs) to meet our obligations and mitigate the operational risk. The team identifies, investigates, allocates, and closely monitors any discrepancies in cash and securities positions and transactions.

Your mission 

• Identify, investigate, allocate and monitor cash breaks, securities positions, and transactions differences
• Ensure the effective and efficient management of all aspects of service delivery in collaboration with the internal stakeholders, respecting the agreed communication process and in line with the Service Level Agreements obligations
• Support Global Reconciliation in the automation initiatives
• Continuous focus on streamlining the processes and improve control on operational risk
• Propose system enhancements and analyse defects

Qualifications

What you need 

• Banking or other professional education, business school and/or relevant experience
• Good command of VBA (Visual Basic for Applications) and Excel formulas (Pivot, Vlookup, etc.)
• Have an affinity to numbers and be able to analyse large quantities of data
• Be a highly motivated, proactive, committed, and adaptable individual, with a “can do” attitude
• Be able to collaborate with and influence internal stakeholders to reach the business area objectives
• Proficient in English, both spoken and written
• High level of attention to details

You will get extra points for the following 

• Previous experience in Banking Operations, or Fintech company
• Proficient in Italian and/or German
• You are Microsoft Office certified

Additional Information

Now let's talk about perks and compensation

We have a hybrid work week model, giving colleagues flexibility in how they work, as well as ensuring we create our unique Avaloq culture in our office locations. Our base salaries are competitive and you can be recognised for outstanding effort with an extraordinary achievement reward – the pinnacle of recognition. Avaloq aims to share its success with all its colleagues by paying out “Success Share Units” depending on its performance in a given year.

At Avaloq we embrace diversity, we embrace difference. We are whole-heartedly committed to equal employment opportunities and we foster an inclusive culture where everyone’s' contributions are valued and their voices are listened to. We hire, compensate and promote regardless of origin, age, sexual orientation, gender identity or any other fascinating characteristics that make us different. Please note that our job descriptions are intended to be written in an inclusive and gender neutral language.

Don’t be shy – apply!

Please only apply online, preferably with pdf documents.

Note to Agencies: All unsolicited résumés will be considered direct applicants and no referral fee will be acknowledged.