Job
Description
Role Overview: The Reconciliation team at Avaloq plays a crucial role in Banking Operations by maintaining control over cash nostro accounts, securities, and derivative positions. You will be responsible for conducting reconciliations in accordance with Service Level Agreements (SLAs) to meet obligations and mitigate operational risk. Your role will involve identifying, investigating, allocating, and closely monitoring any discrepancies in cash, securities, and derivatives positions. Key Responsibilities: - Identify, investigate, allocate, and monitor cash breaks, securities, and derivatives position differences - Ensure effective and efficient management of all aspects of service delivery in collaboration with internal stakeholders, respecting the agreed communication process and in line with the Service Level Agreements obligations - Support Global Reconciliation in the automation initiatives - Continuously focus on streamlining processes and improving control on operational risk - Propose system enhancements and analyze defects Qualifications: - Banking or other professional education, business school and/or relevant experience - 1-2 years of experience in Banking Operations - Good command of VBA (Visual Basic for Applications) and Excel formulas (Pivot, Vlookup, etc.) is an asset - Affinity to numbers and ability to analyze large quantities of data - Highly motivated, proactive, committed, and adaptable individual with a can-do attitude - Ability to collaborate with and influence internal stakeholders to reach the business area objectives - High level of attention to details - Proficient in English, both spoken and written (Note: Additional details of the company were not provided in the job description.) Role Overview: The Reconciliation team at Avaloq plays a crucial role in Banking Operations by maintaining control over cash nostro accounts, securities, and derivative positions. You will be responsible for conducting reconciliations in accordance with Service Level Agreements (SLAs) to meet obligations and mitigate operational risk. Your role will involve identifying, investigating, allocating, and closely monitoring any discrepancies in cash, securities, and derivatives positions. Key Responsibilities: - Identify, investigate, allocate, and monitor cash breaks, securities, and derivatives position differences - Ensure effective and efficient management of all aspects of service delivery in collaboration with internal stakeholders, respecting the agreed communication process and in line with the Service Level Agreements obligations - Support Global Reconciliation in the automation initiatives - Continuously focus on streamlining processes and improving control on operational risk - Propose system enhancements and analyze defects Qualifications: - Banking or other professional education, business school and/or relevant experience - 1-2 years of experience in Banking Operations - Good command of VBA (Visual Basic for Applications) and Excel formulas (Pivot, Vlookup, etc.) is an asset - Affinity to numbers and ability to analyze large quantities of data - Highly motivated, proactive, committed, and adaptable individual with a can-do attitude - Ability to collaborate with and influence internal stakeholders to reach the business area objectives - High level of attention to details - Proficient in English, both spoken and written (Note: Additional details of the company were not provided in the job description.)
