Business Analyst - FX and OTC

Business Analyst - FX and OTC

Full-Time 43200 - 72000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Join our Treasury team to analyse FX and OTC transactions and support agile development.
  • Company: Avaloq is a leading wealth management tech provider, empowering financial institutions globally.
  • Benefits: Enjoy hybrid working, flexible hours, and a supportive, collaborative culture.
  • Other info: We celebrate diversity and promote an inclusive environment for all employees.
  • Why this job: Be part of a dynamic team focused on innovation and personal growth in finance.
  • Qualifications: Experience in FX and OTC transactions, SQL, and Jira is essential; eagerness to learn is key.

The predicted salary is between 43200 - 72000 £ per year.

Overview

Avaloq, founded and headquartered in Switzerland, is 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, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research-led approach and continual innovation are powered by the passion and creativity of our colleagues. We are 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
This is a brilliant opportunity to join our Treasury team in Edinburgh as a Business Analyst - FX & OTC. Our team oversees our modules which handle a variety of FX and OTC transactions, as well as securities lending and borrowing, repurchase agreements, collateral management and cash management. The Treasury team is part of the Investment Transactions domain within the Avaloq Core Platform division and currently focuses on extending our collateral management, securities lending and borrowing functionality.

You will join a group of highly-skilled, motivated, and dynamic people. We value collaboration and knowledge sharing. We live Agile processes, which assist us to continuously improve as individuals and as a team.

Responsibilities

  • Working as part of an Agile Development team in line with the product roadmap, and collaborating with partners and clients
  • Specifying new functionality and maintaining existing functionality
  • Supporting developers during implementation, testing and quality assurance for new functionality and system corrections
  • Acting as point of contact for functional questions, plus analysing and following-up on customer inquiries about the modules in the Treasury space
  • Supporting consulting projects and workshops with customers and partners
  • Updating product documentation in collaboration with our Technical Writers

Qualifications

  • Proven track record in a similar role with Foreign Exchange and OTC transactions is a must
  • Experience with SQL and Jira is a must for this role
  • Experience of working autonomously and collaboratively in a technical environment
  • Being keen to learn and to take on new challenges
  • Ability to understand, abstract, and specify banking processes and requirements

It would be a real bonus if you have

  • Knowledge of Avaloq Core & Front Platform with certification
  • University or FH degree in Business Information Systems, Banking, Economics or equivalent
  • IT affinity or experience in software development / technical skills
  • Ideally you will have professional communication skills in German

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 wholeheartedly 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 traits that make us all unique. We have written 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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Business Analyst - FX and OTC employer: Avaloq

Avaloq is an excellent employer that fosters a collaborative and innovative work culture in the heart of Edinburgh. With a strong commitment to employee growth, we provide opportunities for professional development while promoting a healthy work-life balance through our hybrid working model. Join us to be part of a team that values user-focused solutions and encourages creativity in building scalable applications.

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Contact Details:

Avaloq Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst - FX and OTC

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Avaloq. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Analyst - FX and OTC

Foreign Exchange (FX) Knowledge
Over-the-Counter (OTC) Transactions Expertise
SQL Proficiency
Jira Experience
Agile Methodologies
Analytical Skills
Problem-Solving Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Avaloq.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Avaloq's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Avaloq

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Avaloq.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Avaloq will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Avaloq employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.