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.

Job Description

The Reconciliation team plays a critical role in Banking Operations in maintaining control over cash nostro accounts, securities,



and derivative positions. It is responsible for ensuring that all reconciliations are conducted in accordance with Service Level Agreements (SLAs) to meet our obligations and mitigate the operational risk. The team identifies, investigates, allocates, and closely monitors any discrepancies in cash, securities, and derivatives positions.

Your key tasks

• Identify, investigate, allocate and monitor cash breaks, securities, and derivatives position differences
• Ensure the effective and effective management of all aspects of service delivery in collaboration with the internal stakeholders, respecting the agreed communication process and in line with the Service Level Agreements obligations
• Support Global Reconciliation in the automation initiatives
• Continuous focus on streamlining the processes and improve control on operational risk
• Propose system enhancements and analyse defects

Qualificat

📌 Banking Specialist (Pune)
🏢 Avaloq
📍 Pune