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Banking Specialist - Account Servicing DE

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.

Job Description

Your Team

The Account Management Services team consist of multiple highly qualified Banking Specialists, providing top-notch business processes as a service. We support our customers in operational Banking Transaction matters. With Avaloq’s state-of-the-art banking software and smart reliable processes we aim to provide innovative "value add" services in a constantly changing banking environment.

Key tasks

  • Providing various German Banking Operations services in the area account management
  • Successful implementation of services for Client Opening, Client Maintenance and Client Closing.
  • Supporting the team improving the functionalities of Avaloq’s core banking platform and the related operational processes to increase efficiency and decrease operational risks
  • Supporting the team in projects and testing of new functionalities or regular releases

Qualifications

  • Working experience in Banking Operations, e.g., Account Management Services
  • Team spirited with a commitment to a high level of quality awareness
  • Good command in English, fluency in German
  • Solid analytical and problem-solving skills

It would be a real bonus if you have

  • Apprenticeship in banking or equivalent education or university degree in business administration, economics or law

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.  

 

#LI-Hybrid

What You Should Know About Banking Specialist - Account Servicing DE, Avaloq

If you're looking for a dynamic job opportunity in the heart of Berlin, look no further than Avaloq's Banking Specialist - Account Servicing role! At Avaloq, a leading provider of wealth management technology based in Switzerland, we pride ourselves on fostering a collaborative and innovative work culture. As a part of our Account Management Services team, you'll be providing essential banking operations support, helping clients with everything from account opening to maintenance and closing. We believe in creating 'value add' services, so you’ll have the chance to improve our operational processes while working with our state-of-the-art banking platform. With around 2,500 colleagues across 12 countries, Avaloq offers a vibrant workplace where you can truly make an impact. You'll need a strong background in banking operations as well as solid analytical and problem-solving skills. Fluency in German and English will come in handy as you collaborate with a diverse team dedicated to enhancing the customer experience. Did we mention that we promote work-life balance with flexible and hybrid working options? If you're ready to embrace an exciting career that champions your development and values inclusivity, then the Banking Specialist - Account Servicing position at Avaloq might just be your dream job.

Frequently Asked Questions (FAQs) for Banking Specialist - Account Servicing DE Role at Avaloq
What are the key responsibilities of a Banking Specialist - Account Servicing at Avaloq?

As a Banking Specialist - Account Servicing at Avaloq, your main responsibilities will include providing various German banking operations services, such as client opening, maintenance, and closing. Additionally, you will support the team in enhancing the functionalities of Avaloq's core banking platform, improve operational processes to boost efficiency and mitigate risks, and participate in projects and testing of new features, ensuring that our services remain aligned with industry standards.

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What qualifications are needed to apply for the Banking Specialist - Account Servicing role at Avaloq?

To be considered for the Banking Specialist - Account Servicing position at Avaloq, you should have relevant working experience in banking operations, particularly in account management services. A strong command of German and good English language skills are essential. While not mandatory, an apprenticeship in banking or a degree in business administration, economics, or law is a plus. Solid analytical and problem-solving capabilities are highly valued as well.

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What does the work environment look like for a Banking Specialist at Avaloq?

At Avaloq, the work environment is vibrant and collaborative, reflecting our commitment to flexibility and inclusivity. As a Banking Specialist - Account Servicing, you will enjoy hybrid and flexible working options that help balance your work and personal life. Our culture encourages team spirit and rewards high-quality work, making it an ideal place for talented individuals to thrive.

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How does Avaloq support employee work-life balance for Banking Specialists?

Avaloq recognizes that work-life balance is crucial for well-being. We offer various flexible and hybrid working options, allowing our Banking Specialists to manage their schedules effectively. Our aim is to foster a supportive environment where you can excel professionally while also prioritizing your personal needs and commitments.

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What opportunities for career growth exist for Banking Specialists at Avaloq?

Avaloq is committed to the professional growth of our employees, offering ample opportunities for development. As a Banking Specialist - Account Servicing, you will work closely with top financial institutions, gaining exposure to innovative technologies and industry best practices. We also encourage collaboration and team-based projects, providing a platform for you to showcase your talents and continue advancing in your career.

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Common Interview Questions for Banking Specialist - Account Servicing DE
Can you explain your experience in banking operations relevant to the Banking Specialist role at Avaloq?

When answering this question, focus on specific roles you've held in banking operations, highlighting key responsibilities that align with what Avaloq is seeking. Mention any specific systems or software you've used, your understanding of account management processes, and how you've contributed to improving efficiency and service delivery. Use examples to showcase your problem-solving skills.

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How do you handle challenges that arise in banking operations?

Deliver a strong answer by detailing a specific challenge you faced in your previous roles. Discuss the steps you took to address the issue, how you collaborated with your team, and the outcome. Emphasize your analytical skills and ability to stay level-headed under pressure, showing how you turn challenges into opportunities for improvement.

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How do you prioritize tasks when working on multiple client accounts?

Employ a structured approach in your response. Explain any methods or tools you utilize to keep track of deadlines and tasks, like to-do lists or project management software. Highlight your ability to communicate effectively with clients, ensuring that their needs are met while managing your overall workload efficiently.

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What do you believe are essential skills for a Banking Specialist at Avaloq?

Discuss the key skills such as attention to detail, strong communication, team collaboration, and analytical thinking. Reinforce how these skills contribute to quality service provision and operational efficiency, and give examples of how you've employed them in your prior roles.

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Can you describe your experience with core banking software?

In your response, specify any core banking software you have experience with and describe how you've used it in your previous roles. Mention any projects where you had to learn new functionalities or contribute to testing, demonstrating your adaptability and technical proficiency.

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Why do you want to work as a Banking Specialist at Avaloq?

Tailor your response to reflect your interest in Avaloq’s innovative approach to banking. Describe your enthusiasm for joining a company that focuses on technology-driven solutions and your desire to contribute to a collaborative team that values diversity and professional growth.

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How would you deal with a difficult client scenario?

Respond by framing your answer around empathy and effective communication. Outline steps you would take to understand the client's concerns, how you would keep them informed, and the importance of finding resolutions swiftly while maintaining professionalism. Concrete examples are helpful here.

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What role does teamwork play in banking operations?

Emphasize the significance of teamwork in your answer, especially in addressing complex client needs and improving processes. Share examples of how you've successfully worked within teams in the past and contributed to a positive team dynamic focused on achieving shared goals.

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How do you stay updated with regulations and market trends in banking?

Discuss the methods you use to stay informed, such as subscribing to financial news outlets, attending industry webinars, and participating in professional networks. Mention specific regulatory frameworks relevant to banking operations and your proactive approach to continuous learning.

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What are your long-term career goals in banking?

Articulate a clear vision of your career path while expressing your commitment to advancing within the banking sector. You might mention aspirations for leadership roles, further specialization, or a transition into a related field, demonstrating how the Banking Specialist - Account Servicing role at Avaloq fits into your overall career trajectory.

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Founded in 1985, Avaloq is a Swiss-based provider of digital banking solutions, core banking software, and wealth management technology. The Company provides cloud computing solutions for banks and wealth managers. Avaloq is located in Switzerland

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Full-time, hybrid
DATE POSTED
December 8, 2024

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