Company Description

Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 160 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.

Job Description

We are looking for a Team Head to oversee the Securities Processing team with a staff of 5 specialists.

• Managing, organizing, overseeing Processing of stock exchange trades and Securities transfers free of payment (bonds, equities, eft, funds, e.g.) and Settlement trades on the market
• Develop your people through inspiring leadership, foster a culture of openness and excellence including cross collaboration and build a strong talent pipeline
• Control actions/ coordination with clients, trade departments and custodians
• Cash and stock reconciliation management for Securities Processing and Transfers
• Support in the development and implementation of technical improvements of Avaloq's core banking platform, identify possible improvement
• Work with internal stakeholders to further improve the Settlement and Processing services as well as the customer satisfaction, supporting change and implementing it in daily processes with impacts on the team
• Ensure an efficient and high-quality service delivery for your team, in line with the agreed Service Level Agreements
• Establish positive relationships and collaboration with the custodian’s network and Clients to improve the overall quality of the service
• Escalation points of contact for the Trade Processing and Securities Transfer teams
• Be a change agent and role model to drive the implementation of change and efficiency initiatives, including contributing to the process of new client on-boarding

Qualifications

• University or higher education degree and/or operational experience in Banking Operations
• Min. 3 years of proven managerial experience in banking operations organizations with the ability to deliver in a fast-paced, multi-cultural and global environment
• Work experience in settlement or security transfer, including knowledge of financial instruments
• Good knowledge of MS Office, Swift and Secom messages MT54X
• Good communication with a process-orientation and ability to understand complex situations
• Pro-active and can-do attitude with a high level of integrity and reliability
• Great flexibility and willingness to learn
• Strong operational risk understanding

You will get extra points for the following

• Deep understanding of the interconnection between the various back-office activities (e.g. Settlement and Cash Management)
• Knowledge of Avaloq's Banking Core System
• Knowledge Omgeo / CTM / Alert

Additional information

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.

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