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Avaloq Asia Pacific Pte Ltd

Banking Specialist - Securities Processing & Settlement

Avaloq Asia Pacific Pte Ltd
Posted 2 days ago Permanent Competitive
Banking Specialist - Securities Processing & Settlement
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

Job Description

Your team
The Securities Banking Senior Specialist provides supervision and guidance to Settlement/Transfer team in their daily operational activities covering Equities, Bonds, Structure Notes, Mutual Fund, Hedge Fund as well as Private Equity Fund. In addition, he/she will also be monitoring and undertaking Asian's client transaction processes, working within agreed AAPL and Client policies and procedures. On a daily basis, he/she will also be liaising with global colleagues locating in Switzerland and Germany to align/streamline processes.

Your mission
  • Ensuring that all activities pertaining to Equities, Bonds, Structure Notes, Mutual Funds, Hedge Funds and Private Equity Funds are processed in a timely manner.
  • Responsible for processing/handholding Buy/Sell securities transactions and Subscription/Redemption of Funds.
  • Responsible for the Processing/handholding of Incoming & Outgoing free of payment transactions.
  • Responsible for the Execution/Monitoring of the qualitative end-of-day operational level controls.
  • Ability to work and communicate well with various stakeholders, such as Clients, Cross-teams peers, Counterparties and Custodians.
  • Maintenance of a constructive internal alignment with the Team members/Other Team leaders in case of any operational issues.
  • In-scope service management in compliance with Services Level Agreements(SLA), KRI/KPI and keeping oneself abreast of market / regulatory changes
  • Ensuring that all outstanding break items in Securities and Nostro as well as Internal accounts are resolved in a timely manner.
  • Ensuring proper documentation such as updating of Key Operating Procedure (KOP) and controls are complied with to prevent losses or risks due to errors, omission or non-compliance.
  • Ability to define Test Cases/Scenarios and ensure UAT is executed as required, Participate in adhoc project or initiatives assigned from time to time.
  • Reviewing EOD checklists report and ensuring all controls are in placed.
  • Escalating of any operational risks relating matters to Global Heads for mitigation / control solutions.
  • Provide guidance/coaching team members and conduct 1 to 1 with team members.
  • Be engaged and contributing to enhancements, suggestions and automations initiatives of the team.
  • Prompt resolution covering any exceptions / discrepancies.
  • Provide Management reporting to Global Heads when required.
  • Ability to analyse and provide detailed sequence of events on Risk related reports.

What you need
  • Banking Operations experience is required
  • Language: Fluent English
  • Banking domains knowledge and experience
  • Technology and Solutions skills (Excel, Word, Outlook, PowerPoint, Avaloq Banking Suite, Clearstream Vestima, SWIFT, Bloomberg)
  • Strong analytical skills, Ability to apply analytical thinking and intelligent concepts
  • Ability to work under pressure and handles well during a stressful environment
  • Proven service-orientation and a strong motivation to be part of a dynamic team
  • A team player
  • Ability to work in a fast-paced environment.
  • An independent and proactive worker with good communication skills.
  • High attention to details and good time management skills.
  • Motivated, positive and proactive with professional attitude.
  • Experience in managing a team
You will get extra points for the following
  • Securities Transfer, Settlement and Corporate Action experience is a plus
  • Avaloq Banking Suite Products
  • Management skills
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.
Job ID  REF2122R
Information Technology
Avaloq is a global leader in digital banking solutions. Its core banking platform and wealth management technology are delivered through Software as a...
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