Avaloq - Internship in banking operations in trade processing CH (6-month fixed-term contract)

Deadline: As soon as possible

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Location(s)

  • Switzerland
Strada Regina 40, Bioggio, Canton Ticino

Overview

You will be part of a global team which is responsible for the Trade Processing of different products and their Settlement in the markets.

Details

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 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.

Your key tasks 

  • Processing of stock exchange trades (mainly bonds, equities, eft and funds) in Avaloq Banking Suite
  • Settlement of Delivery and Receive versus payment (DVP and RVP trades)
  • Ensuring that all transactions are processed correctly and settled in a timely manner
  • Monitoring settlement operations and failed trades
  • Control actions/coordination with clients, trade departments and custodians
  • Cash and security reconciliation
  • Compliance with Services Level Agreements (SLA) and KPI

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Qualifications

  • Trade Processing or Settlement experience is a plus, as well as Technology and Solutions skills (Excel, Word, Outlook, PowerPoint, Avaloq Banking Suite, SWIFT)
  • Ability to work in a fast-paced environment and handles well during a stressful environment
  • A service-orientated team player and has a strong motivation to be part of a dynamic team
  • An independent and proactive worker with good communication skills

Dates

Deadline: As soon as possible


Cost/funding for participants

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