Internship in Banking Operations - Securities Transfer Team (12-months fixed term contract)

Avaloq · Bioggio (TI)
Categoria: tech Contratto: other Salario: CHF 51'500 - 88'000

Role overview

You will be part of a global team in three different locations (Germany, Switzerland, and Singapore), which is responsible for the transfers of securities (portfolio transfers and realignments), as well as the management of registered shares.

Daily operational activities covering Equities, Bonds, Structure Notes, Mutual and Hedge Fund.

Your key tasks - Processing of incoming and outgoing securities transfers in Avaloq Banking Suite - Processing of realignments between various custodians and markets - Control actions/coordination with clients, trade departments and custodians - Cash and security reconciliation - Ensuring that all transactions are processed correctly and settled in a timely manner - Compliance with Services Level Agreements (SLA), KRI/KPI and keeping oneself abreast of market/regulatory changes ## Qualifiche - Securities Transfer or Settlement experience is a plus, as well as Technology and Solutions skills (Excel, Word, Outlook, PowerPoint, Avaloq Banking Suite, Clearstream Vestima, SWIFT, Bloomberg) - Ability to work in a fast-paced environment and handles well during a stressful environment - A service-orientated team player and has a strong motivation to be part of a dynamic team - An independent and proactive worker with good communication skills - Fluency in English and German ## Informazioni aggiuntive 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.

Description

You will be part of a global team in three different locations (Germany, Switzerland, and Singapore), which is responsible for the transfers of securities (portfolio transfers and realignments), as well as the management of registered shares.

Daily operational activities covering Equities, Bonds, Structure Notes, Mutual and Hedge Fund.

Your key tasks - Processing of incoming and outgoing securities transfers in Avaloq Banking Suite - Processing of realignments between various custodians and markets - Control actions/coordination with clients, trade departments and custodians - Cash and security reconciliation - Ensuring that all transactions are processed correctly and settled in a timely manner - Compliance with Services Level Agreements (SLA), KRI/KPI and keeping oneself abreast of market/regulatory changes ## Qualifiche - Securities Transfer or Settlement experience is a plus, as well as Technology and Solutions skills (Excel, Word, Outlook, PowerPoint, Avaloq Banking Suite, Clearstream Vestima, SWIFT, Bloomberg) - Ability to work in a fast-paced environment and handles well during a stressful environment - A service-orientated team player and has a strong motivation to be part of a dynamic team - An independent and proactive worker with good communication skills - Fluency in English and German ## Informazioni aggiuntive 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.

Apply now

Information for cross-border workers

Avaloq is located in Bioggio, Canton of Ticino. Cross-border workers need a G Permit, renewable annually, to work in Switzerland. The Canton of Ticino applies withholding tax at variable rates on gross income, and since 2024 the New Tax Agreement introduces concurrent taxation between Italy and Switzerland.

Swiss social contributions include AVS (5.3%), unemployment insurance (1.1%) and LPP (occupational pension). Use our free tax simulator to calculate your net salary and compare the cost of living between Switzerland and Italy.

Frequently asked questions

What is the net salary for a cross-border worker in Ticino?
Net salary depends on gross income, marital status and number of children. In the Canton of Ticino, withholding tax ranges from about 2% to 15%. In the administration sector in Ticino Use our simulator for a personalised calculation.
Do cross-border workers need Swiss LAMal health insurance?
New cross-border workers since 2024 must enrol in Swiss LAMal within 3 months of starting work. Premiums vary by canton, insurance model and deductible. Compare premiums with our LAMal comparator.