Senior Avaloq Developer

We are looking for a Senior Avaloq Developer to design, build and enhance trading and settlement functionality on the Avaloq Banking Suite. You will work on the end-to-end securities trade lifecycle, from order capture through execution, STEX (stock exchange) processing and settlement. A key part of the role is order and settlement pooling: aggregating, allocating and netting instructions efficiently and accurately. You will work with onshore and offshore teams, business analysts and operations stakeholders to deliver robust, compliant solutions for a wealth management client.

• Design, develop and unit-test Avaloq customisations for trading, STEX and settlement processes in line with the architecture.
• Implement and enhance order handling for exchange-traded and OTC products, including order routing, execution, confirmation and booking.
• Build and maintain STEX and settlement workflows, covering instruction generation, matching, status handling, fails management and reconciliation.
• Apply pooling logic: aggregating orders into block or pooled orders, allocating executions back to underlying client orders, and netting or consolidating settlement instructions where appropriate.
• Develop and maintain connectivity with exchanges, brokers, custodians and CSDs/depositories using ISO 20022, SWIFT, FIX and APIs.
• Analyse requirements, produce technical designs and estimates, and take part in solution workshops.
• Investigate and resolve complex production incidents, performing root cause analysis and delivering permanent fixes.
• Support testing cycles (SIT, UAT, regression), release management and deployment activities.
• Review code, mentor junior developers and promote best practices in coding, performance and documentation.
• Work with Operations, Compliance and Risk teams so solutions meet regulatory and control requirements.

Must have

• 6 to 10+ years in software development, with 4+ years of hands-on Avaloq experience.
• Strong working knowledge of the Avaloq securities trading module, covering order management, execution, STEX and settlement.
• Practical experience with order pooling or aggregation, allocation and settlement netting in a securities environment.
• Proficiency in PL/SQL and the Avaloq development stack (Avaloq Script/AvqScript, Avaloq Workbench, Oracle).
• Solid understanding of the securities lifecycle: pre-trade, trade, post-trade, clearing, settlement, corporate actions and reconciliation.
• Experience with ISO 20022 and SWIFT messaging (MT/MX) and, ideally, FIX connectivity.
• Familiarity with the product range, including equities, bonds, funds, FX and OTC derivatives.
• Strong analytical and debugging skills, with experience of performance tuning in high-volume batch and real-time environments.
• Experience working in Agile/DevOps teams using tools such as Jira, Git and CI/CD pipelines.
• Clear written and verbal communication, and the ability to work with distributed teams across time zones.

• Avaloq certification (such as Avaloq Academy certifications).
• Experience with crypto asset trading and settlement on Avaloq.
• Exposure to Avaloq data extraction and integration approaches, including APIs.
• Knowledge of regulatory requirements affecting trading and settlement (for example MiFID II, CSDR settlement discipline).
• Experience migrating or upgrading Avaloq versions.
• Prior wealth management or private banking domain experience.

• Languages: English: C1 Advanced
• Seniority: Senior