Internship in Banking Operations - Corporate Actions Processing (9-month fixed-term contract)

About the job

Internship in Banking Operations - Corporate Actions Processing (9-month fixed-term contract)

• Intern

Company Description

Avaloq was founded in Switzerland and also has its headquarters there. With around 2,500 employees in 12 countries and more than 170 clients in 35 countries, Avaloq is continuously expanding its global presence. We are a leading provider of wealth management technologies and services for financial institutions worldwide, including private banks and asset managers, investment managers, as well as retail and neo-banks. Our research-oriented approach and continuous innovation are driven by the passion and creativity of our employees.

We are always looking for talented employees to support us in 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 and to develop and shape careers together. Promoting a collaborative, supportive, and flexible work environment enables our colleagues to reach their full potential.

Job Description

Global department based in three different regions Germany (Berlin, Düsseldorf), Switzerland (Zurich, Bioggio) and Singapore, responsible for managing corporate action transactions/processes (announcements, instructions, and payments).

Your main tasks will be

• Monitoring capital measures including any instruction deadlines
• Issuing instructions to custodians/subscription agents
• Booking voluntary and mandatory capital measures taking into account withholding and foreign taxes
• Resolving discrepancies from capital measures (cash and securities)
• Inquiries from/to custodians, banks, and wealth management

Qualifications

• Excellent communication and organizational skills
• Flexibility and willingness to learn
• Teamwork skills and a high level of motivation to constantly learn and grow
• Ability to work independently in a very demanding, fast-paced, and complex environment
• Fluent German and good English skills

Additional points for

• Experience in the area of capital measures
• Knowledge of the Avaloq Core Banking System
• Knowledge of additional languages

Additional Information

We are aware that balancing work and private life is a challenge we all face daily. Therefore, we are pleased to offer the majority of our Avaloq employees hybrid and flexible working options - to contribute to a positive work-life balance while continuing the fantastic Avaloq culture in our global offices.

At Avaloq, we are proud to be committed to diversity and know that the success of our company is also based on the power of different opinions. We are wholeheartedly committed to an environment of equal opportunity and an inclusive culture where you can be authentic.

We hire, pay, and promote regardless of origin, age, gender identity, sexual orientation, or other fantastic characteristics that make us all unique. We have done our best to write this advertisement in an inclusive and neutral way.

We do not accept resumes from recruitment agencies for our positions. Therefore, such unsolicited applications are exempt from any payment obligations.

LI-Hybrid