At a Glance
- Tasks: Analyse complex regulatory requirements and collaborate with clients to implement effective solutions.
- Company: Avaloq, a leading provider of wealth management technology with a global presence.
- Benefits: Flexible working hours, hybrid work options, and a supportive team culture.
- Why this job: Join a dynamic team tackling real-world financial challenges and shaping the future of wealth management.
- Qualifications: Experience in analytical roles, preferably in banking or regulatory reporting.
- Other info: Embrace diversity and enjoy excellent career growth opportunities in a collaborative environment.
The predicted salary is between 36000 - 60000 £ per year.
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 democratise access to wealth management.
This is a fantastic opportunity to join our Regulatory Reporting team which consists of highly qualified Software Engineers and Business Analysts. Together, we work on complex regulatory reporting functionalities. Our product offers a range of standard adapters that assist banks and financial institutions across the globe in fulfilling regulatory reporting obligations to both national and international regulatory bodies. As a member of our team, you will help shape and implement efficient solutions that cater to our clients' requirements, whilst ensuring compliance with all pertinent regulations.
We are a team of agile professionals who place great importance on teamwork and collaboration, and we take pride in delivering top-quality functionalities to our clients globally. Working with our team of brilliant minds, you will have the chance to tackle complex issues and contribute towards our mission in a client-facing role.
Responsibilities- Collaborate with software developers, partners and customers in analysing requirements and preparing specifications.
- Lead the review and implementation of new products, including reporting requirements and key metric impact, for example, liquidity ratios.
- Serve as the primary point of contact for functional inquiries and assist clients.
- Participate in consulting projects, project rollouts, and sales workshops.
- Review and understand the requirements of the European Bank Authority (EBA) and other country-specific regulatory authorities.
- Assist our clients in meeting compliance obligations with various regulators such as the EBA, CRR, BCL, CSSF, SNB, FINMA, NBB, BDF.
- Understand and keep abreast of the entire solution, including knowledge of banking and backend solutions.
- Proven track record of working in an analytical role investigating complex issues, ideally within the banking or banking regulatory industries.
- Previous experience of regulatory reporting solutions e.g. Regnology (OneSumX, Abacus360, FiRE), Axiom or similar - exercising a solid comprehension of financial regulations and accounting principles.
- Experience with data warehouses, SQL queries, reporting solutions.
- Ability to comprehend, summarise, and specify banking processes and requirements.
- A proven ability to successfully adapt to, identify, drive, and implement change.
- University or college degree in Business, Economics, or equivalent professional education.
- Experience in software development.
- Avaloq ACP certified professional or Avaloq solutions know-how.
- Additional language skills ideally in French or German.
We realise that managing work-life balance is a challenge we all face in our daily lives and in order to support 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 fantastic traits that make us all unique.
Business Analyst - Regulatory Reporting employer: Avaloq
Contact Detail:
Avaloq Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Regulatory Reporting
✨Tip Number 1
Network like a pro! Reach out to current or former Avaloq employees on LinkedIn. A friendly chat can give you insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your regulatory reporting knowledge. Familiarise yourself with the latest trends and regulations in the banking sector. This will show that you're not just interested, but also knowledgeable!
✨Tip Number 3
Practice your problem-solving skills! As a Business Analyst, you'll need to tackle complex issues. Try some case studies or mock interviews to sharpen your analytical thinking.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Avaloq!
We think you need these skills to ace Business Analyst - Regulatory Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience with regulatory reporting and any relevant analytical skills. We want to see how your background aligns with our mission at Avaloq!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about regulatory reporting and how you can contribute to our team. Let us know what excites you about working with Avaloq.
Showcase Your Analytical Skills: In your application, be sure to showcase your analytical skills and any experience with SQL or data warehouses. We love candidates who can dive deep into complex issues and come up with innovative solutions!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Avaloq
✨Know Your Regulations
Make sure you brush up on the key regulations relevant to the role, like those from the European Bank Authority. Being able to discuss these confidently will show that you understand the landscape and can navigate compliance effectively.
✨Showcase Your Analytical Skills
Prepare examples of how you've tackled complex issues in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting your analytical prowess and problem-solving abilities.
✨Familiarise Yourself with Reporting Solutions
If you have experience with regulatory reporting solutions like Regnology or Axiom, be ready to discuss them. Even if you haven't used them directly, understanding their purpose and functionality can set you apart.
✨Emphasise Team Collaboration
Avaloq values teamwork, so be prepared to share experiences where you've successfully collaborated with others. Highlight how you contributed to a team project and the positive outcomes that resulted from your collective efforts.