Technical Architect- Avaloq

Technical Architect Avaloq

About Parkar

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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Role Summary

The Technical Architect Avaloq is responsible for leading solution analysis architecture design and validation for Avaloq-based wealth management and core banking platforms. The role serves as a key bridge between business stakeholders and technical teams translating complex business requirements into scalable cost-effective and compliant architectural solutions while ensuring alignment with enterprise standards regulatory requirements and delivery timelines.

Responsibilities

Drive and lead analysis & design solution validation workshops under assigned domain to ensure consistent and complete requirement and solution coverage.

Capture the voice of customers in order to scope the changes: Strong analytical and domain management skills required including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements. Think outside the box always consider business needs and be prepared to challenge the stakeholders. Any solution must be cost-optimum.

Manage functional & technical designs for new features or adaption.

Define and bridge the gap between the requirement solution development and testing work with developers regarding the delivery: scope resources planning.

Formalize the business requirements (functional & technical specification): document analysis requirements workshops surveys business process descriptions (As-Is and Target workflows) use cases scenarios.

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.

Report on the progresses risks and issues. Escalate to the project manager / delivery manager on a timely manner.

Act as subject matter expert at specific areas and able to go deep into requirement / solution gaps with support from product architects.

Acting as the contact person concerning functional questions as well as supporting consulting projects and workshops with customers.

Requirements

Bachelors Degree in Engineering/Computer Science/Information Technology or related disciplines.

7-9 years of experience in the 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.

Good stakeholder management skills.

Excellent interpersonal skills: good negotiation and conflicts management skills able to build momentum / define consensus.

Structured organized and results oriented approach demonstrating a high level of diligence and attention to detail and the ability to ensure high quality and consistency in the deliverables produced.

Ability to multitask be flexible and allocate time according to moving priorities.

Education

Bachelors Degree in Engineering/Computer Science/Information Technology or related disciplines.

GOOD TO HAVE

Client Management knowledge: Static data knowledge Client Modelling Client onboarding process CRM module; OR

Portfolio Management knowledge: Portfolio Desk Performance Desk Investment Policy Statement Asset Allocation Benchmark Model Portfolio Investment Proposition etc.; OR

Transactional Modules knowledge:

oCash Related Transactions (FX Money Market OTCs Payment Money Transfer etc).

oInvestment Related Transactions (Asset Management Time Series management Stock Exchange Settlement Corporate Actions Reconciliation etc).

oCredit/Finance (Facility/Financing Limit Loan Guarantee Other security Financing).

oCost & fees

oCompliance rules and setup

oRegulatory

Migration Knowledge: ETL (extract transform load) Static and Dynamic Data Migration Migration Workflows and Activities Migration Strategies and Planning Data Mapping; OR

Project Management: both waterfall and Agile methodology.