Banking Specialist - Corporate Actions Processing

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

Corporate Actions Processing is a global department based in three different regions (Germany (Berlin, Düsseldorf), Switzerland (Zurich, Bioggio) and Singapore), responsible for managing Corporate Actions business/processes (announcements, instructions and payments).
Your key tasks 

• Monitor, plan and execute the daily activities for corporate actions events, to be delivered in accordance with the Service Level Agreements agreed with our Clients.
• Monitoring corporate actions including any instruction deadlines.
• Preparing and releasing instructions to Custodians.
• Booking of voluntary and mandatory corporate actions, taking into account withholding tax and foreign withholding tax.
• Managing reconciliation for differences arising from corporate actions (cash and securities).
• Inquiries from/to custodians and Clients.

Qualifications

• First professional experience in the back office of a bank.
• Excellent communication and organisational skills.
• Flexibility and willingness to learn.Good team player and positive attitude.Ability to work independently in a very demanding, fast-paced and complex environment.
• Fluent German and good English skills.

It would be a real bonus if you have 

• Experience in the area of corporate actions.
• Knowledge of the Avaloq Core Banking System.
• Proficiency in other languages.

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.  

#LI-Hybrid

Summary

• Type: Full-time
• Function: Finance
• Experience level: Entry Level
• Industry: Financial Services