Job Description

Company Description
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.

Internship Opportunity : OTC Derivatives Operations
Step into the heart of financial market operations!
Join our dynamic team and gain, practical, hands-on experience in the day-to-day processing of Over the Counter (OTC) Equity and FX Derivatives including Accumulators, Swaps, DCIs and Structured Investments.
This is a great opportunity for students keen to explore how complex trades are managed from execution to settlement.
Your tasks

• Supporting the validation, booking and settlement of real-world derivative trades
• Learn how to match trade details and investigate discrepancies with traders and counterparties
• Gaining exposure to SWIFT messaging, accounting entries, and trade events like Fixings, Knockouts and Expiries
• Handling trade confirmations, resolving breaks in internal and external accounts, and working with platforms like DTCC and Marketwire
• Collaborating closely with internal teams, and understanding the importance of controls, compliance, and risk management
• Assisting in UAT (User Acceptance Testing) for new systems or enhancements

This internship offers a well-rounded view of how financial products are managed operationally, making it perfect for students who are detail oriented, curious about Capital Markets, and eager to learn in a collaborative Fintech Environment.
Qualifications

• Polytechnic or University student pursuing a diploma or degree in Finance, Business, Accounting, or a related field
• Strong interest in Financial Markets or Investment products
• Comfortable with Excel and working with numbers
• Meticulous with a knack for problem solving
• Good team player with strong communication skills
• Curious, eager to learn, and able to follow instructions independently
• Available for a full-time internship lasting 6 months

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 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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