Internship in Corporate Actions & Income Processing CH (9-month fixed-term contract)

Banking Operations is a strategic Avaloq service line providing Banking Operations outsourcing services to banks. We are organized as a global business area, running state-of-the art Backoffice services with industry leading automation, quality, and risk standards. We are experts in providing a true value add to our clients and thus, always look to add creative and client-oriented personalities with drive and passion to our team.  You will be part of a global department located in 3 different countries (Germany, Switzerland and Singapore) responsible for managing Corporate Action business/processes (announcements, Instructions and Payments). Your key tasks During the internship period, you will be able to assist and learn the following activities, with the support of senior Banking Operations staff, shadowing their work and having the opportunity to provide your inputs and contribution. - Analysis of Custodian’s MT564/568 swift messages. Introductory analysis of MT564 and MT568 SWIFT messages received from custodians, focusing on identifying key elements and understanding their role in corporate actions processing - Set-up of Corporate Actions events. Guided support in the set up of standard and low-risk CA event types and understand the risks involved and potential consequences. This is limited to basic scenarios and following predefined procedures - Notifications in various languages to end-clients of the banks for elective corporate actions events. Assistance in drafting notifications to end-clients of the banks, based on templates and under staff review - Resolution of client’s inquiries. Observation and supervised handling of client inquiries, with the aim of learning how resolution processes are structured and managed by experienced staff 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.