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Business Engineering – Business Analyst - job 2 of 2

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

In your role as Business Analyst you will be part of Avaloq’s Banking Operations division (BO). With our services we are the back office for more than 30 banks globally and ensure their processes run smoothly, compliant, and efficiently. You will join the BO Business Engineering team, which is responsible for projects, continuous improvement, and business analysis for Banking Operations.

As a Business Analyst you play a crucial role in the team by contributing to the continuous improvement and efficiency increase of our back office. You will drive initiatives by identifying and subsequently executing automation potential. You work closely with business stakeholders, developers, and other members within Banking Operations to ensure a smooth and transparent change environment.

Your mission

  • Improvement of efficiency in the BO division
  • Continuous Improvement of Banking Operations processes through automation and process changes
  • Lead projects end to end from business case to go-live in production
  • Build a strong network within the Banking Operations organization and your counterparties in the various IT divisions
  • Work with internal and external stakeholders to further improve the customer satisfaction

Qualifications

  • University or higher education degree
  • At least 4 years of experience as a Business Analyst
  • Background in banking operations
  • Familiarity with Project Management methodologies and software development lifecycle
  • Proven track record in change & project management
  • Experience in Automation solutions such as Power Automate, Excel Macros or similar
  • Very strong analytical, problem-solving, and critical thinking skills
  • Positive, pro-active, and can-do attitude with a high degree of independence, integrity and reliability
  • Ability to collaborate effectively with cross-functional teams
  • Assertiveness and very strong written and verbal communication skills
  • Good organization, time management, able to meet tight deadlines and working well with multiple priorities
  • Aptitude for learning and intellectual curiosity

It would be a real bonus if you have 

  • In-depth knowledge of Corporate Actions and Income is a plus
  • Knowledge of Robotics tools and Artificial Intelligence is a plus
  • German is a plus

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

Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Business Engineering – Business Analyst, Avaloq

Join Avaloq as a Business Engineer – Business Analyst at our vibrant office located in Tower 3, Level 7, World Trade Centre, Kharadi, Pune, MH, India! At Avaloq, we pride ourselves on our innovative wealth management technology and services, and we're eager to grow our team with brilliant thinkers like you. As a pivotal member of the Banking Operations division, you'll be driving processes that support over 30 banks globally, ensuring that their operations run smoothly and efficiently. Your expertise will help us identify automation potentials, lead projects from conception to launch, and foster collaboration between various teams to sustain a transparent and effective change environment. With your at least 4 years of Business Analyst experience and familiarity with banking operations, you'll help us achieve our mission of continuous improvement and customer satisfaction. If you're a self-starter with strong analytical skills and a passion for enhancing operational efficiency, Avaloq is the place for you! Let's work together to shape the future of financial management and create impactful solutions!

Frequently Asked Questions (FAQs) for Business Engineering – Business Analyst Role at Avaloq
What are the main responsibilities of a Business Analyst at Avaloq?

As a Business Analyst at Avaloq, your key responsibilities include driving efficiency improvements in Banking Operations, executing automation initiatives, and leading projects from inception to go-live. You'll collaborate closely with both business stakeholders and IT development teams to foster a seamless change environment, ensuring operational processes are compliant and effective.

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What qualifications are needed for the Business Engineer - Business Analyst position at Avaloq?

To qualify for the Business Engineer - Business Analyst position at Avaloq, you should possess a university degree and a minimum of 4 years of relevant experience in banking operations. Strong analytical and problem-solving skills, familiarity with project management methodologies, and a proactive attitude are also essential for this role.

Join Rise to see the full answer
How does Avaloq support professional growth for Business Analysts?

Avaloq is fully committed to your professional growth as a Business Analyst. You will have the opportunity to work on diverse projects and collaborate with leading financial institutions, gaining invaluable experience in both Banking Operations and automation solutions, which contribute to your ongoing development and career advancement.

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What is the work culture like for a Business Analyst at Avaloq in Pune?

At Avaloq in Pune, the work culture is dynamic, collaborative, and supportive. We encourage a flexible and hybrid working environment that promotes a healthy work-life balance. You'll thrive as part of our inclusive community that values diverse opinions and fosters an atmosphere where you can be your true self.

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What tools and technologies does Avaloq use for process automation?

As a Business Analyst, you will engage with various automation tools at Avaloq, such as Power Automate and Excel Macros, among others. Familiarity with these tools will enhance your ability to identify and implement process improvements effectively.

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Common Interview Questions for Business Engineering – Business Analyst
Can you describe your experience with process improvement initiatives as a Business Analyst?

Highlight specific examples of past process improvement projects you've worked on. Discuss the methodologies you used, the challenges faced, and the outcomes achieved, emphasizing your contributions and how they impacted the efficiency of the organizations you worked with.

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How do you prioritize tasks when managing multiple projects in a fast-paced environment?

Demonstrate your ability to manage multiple priorities by discussing your time management techniques. Explain how you assess the urgency and importance of tasks, and share examples of a time when effective prioritization led to successful project completions.

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What role does communication play in your work as a Business Analyst?

Emphasize the critical nature of communication in your role. Explain how you facilitate discussions between stakeholders and technical teams, ensuring everyone is aligned and informed, and how strong communication has contributed to successful project outcomes in your experience.

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Describe a challenging project you managed and how you overcame the obstacles.

Use the STAR (Situation, Task, Action, Result) technique to outline a challenging project. Clearly explain the obstacles you faced, the actions you took to address them, and the successful outcomes that resulted from your efforts.

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How do you approach stakeholder management and engagement?

Discuss strategies you use to identify and engage stakeholders throughout a project. Explain how you build relationships, gather requirements, and keep stakeholders informed and involved in the decision-making processes.

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What experience do you have with automation tools or technological solutions?

Provide specific examples of automation tools you've used and your role in implementing these solutions. Highlight the impact these tools had on improving processes and reducing operational inefficiencies.

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How do you handle change management when processes are being altered?

Discuss your approach to change management, highlighting the importance of transparency, communication, and training. Explain how you work with teams to facilitate a smooth transition and ensure all stakeholders are comfortable with the changes.

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What methods do you use for requirements gathering?

Outline your preferred methods for gathering requirements, such as interviews, workshops, or surveys. Discuss how you ensure that the collected requirements are comprehensive, prioritized, and aligned with business goals.

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How do you measure the success of a project after implementation?

Talk about metrics you use to evaluate project success, such as stakeholder satisfaction, process efficiencies achieved, and overall impact on business objectives. Share any personal metrics you've tracked in past projects to illustrate your point.

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What qualities do you believe are essential for a successful Business Analyst?

Provide a list of key traits such as analytical thinking, effective communication, and problem-solving abilities. Discuss how these qualities help a Business Analyst succeed in collaborating with teams and driving meaningful change within the organization.

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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
April 16, 2025

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