Business Analyst - Custody - #1686490

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.

The Custody team is a dynamic team of Business Analysts and Software Developers spread across development centers in Switzerland, Luxembourg, Philippines and India. We follow an agile process, working closely within the team but also with other related teams and clients to develop new product features and maintain existing ones in live use. The team works with clients and partners to develop and deliver innovative solutions to meet market demands and help shape the back-office landscape of tomorrow.

Your key tasks 

• Analysing and following-up customer inquiries about the Settlement, Corporate Actions, Reconciliation module


• Work closely with business stakeholders to understand their needs, objectives, and challenges.


• Translate business requirements into clear and concise functional specifications for technical teams.


• Specifying new functionality in collaboration with Software Developers, Partners, and Clients


• Maintenance of existing Custody functionality


• Supporting developers during implementation, including testing


• Testing and quality assurance for new functionality and system corrections


• Updating product documentation in collaboration with our Technical Writers.

• Strong proven track record of working in a similar role with extensive experience of Settlement, corporate actions or reconciliations. 


• Technical background


• Profound know how of Custody Products and how project life cycles work


• Ability to capture and write Requirements Specifications Documents


• Strong analytical, problem-solving, and critical-thinking skills

It would be a real bonus if you have 

• Experience in working with agile methodologies.


• Bachelor’s degree in economics, Business Administration, Information Technology, or a related field

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.  

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