Senior Avaloq – Stream Lead

About Parkar Digital:

At Parkar we are redefining cloud transformation with the power of Microsoft Azure and AWS platforms. Our commitment to aligning with industry-leading cloud technologies enables us to deliver tailored best-in-class solutions that drive tangible results for our clients.

With over a decade of experience and more than 100 enterprise engagements across diverse industries we specialize in empowering businesses to innovate and scale. From AIOps to Generative AI and advanced Machine Learning our expertise spans the technologies that shape tomorrows enterprises.

As a Microsoft Gold Partner we boast over 125 Azure certifications and a track record of 400 successful projects powered by our team of 200 skilled engineers. Whether its data analytics DevOps automation or application development Parkar is dedicated to achieving each clients unique transformation goals with agility precision and a relentless pursuit of excellence.

Vector is our flagship platform built on the latest in IT and AI technology to empower organizations to work smarter and stay ahead in a fast-changing digital world. It streamlines digital operations with intelligent automation and seamless cloud integration. With features like real-time monitoring early problem detection and scalable flexibility Vector helps reduce costs boost reliability and drive continuous innovation.

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About role:

We are looking for a Stream Lead to drive end-to-end requirement analysis solution design and delivery within the core banking/wealth management domain. The role involves leading workshops validating solutions creating functional and technical specifications and coordinating closely with development and testing teams to ensure complete requirement coverage.

You will act as a subject matter expert mediating between business and technical stakeholders resolving design gaps and making decisions aligned with business strategy regulatory needs and architectural standards. Strong expertise in financial products market regulations client onboarding portfolio management transactional modules and data migration is essential. Experience with both Agile and Waterfall delivery models and solid stakeholder management skills are key to succeeding in this role.

Key Responsibilities:

• Drive and lead analysis & design solution validation workshops under assigned domain to ensure consistent and complete requirement and solution coverage
• Manage functional & technical designs for new features or adaptation.
• Define and bridge the gap between the requirement solution development and testing work with developers regarding the delivery: scope resources planning.
• Mediate business and technical discussions and in case no agreement can be reached take the decision by considering technical and economic feasibility business strategies architectural guidelines and other constraints.
• Act as subject matter expert at specific areas and able to go deep into requirement / solution gaps with support from product architects.
• Formalize the business requirements (functional & technical specification): document analysis requirements workshops surveys business process descriptions (As-Is and Target workflows) use cases scenarios.

Requirements:

• 7 years of experience in Financial Technology (Wealth Management Core Banking) Avaloq preferred.
• Good Knowledge of Financial and Global Market Regulations.
• Strong analytical and product management skills required including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements.
• Knowledge of Trading Middle Office and BackOffice platforms such as Bloomberg Avaloq FinIQ will be beneficial.
• Strong Stakeholder Management Skills.
• Client Management knowledge: Static data knowledge Client Modelling Client onboarding process CRM module; Portfolio Management knowledge: Portfolio Desk Performance Desk Investment Policy Statement Asset Allocation Benchmark Model Portfolio Investment Proposition etc.
• Transactional Modules knowledge such as Cash Related Transactions (FX Money Market OTCs Payment Money Transfer etc) Investment Related Transactions (Asset Management Time Series management Stock Exchange Settlement Corporate Actions Reconciliation etc) Credit/Finance (Facility/Financing Limit Loan Guarantee Other security Financing) Compliance rules and setup Regulatory.
• Migration Knowledge: ETL (extract transform load) Static and Dynamic Data Migration Migration Workflows and Activities Migration Strategies and Planning Data Mapping.
• Project Management: both waterfall and Agile methodology.

Education:

• Bachelors degree in engineering computer science/information technology or related disciplines.