Applications Developer Avaloq

Applications Developer 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

We are looking for an experienced Applications Developer Avaloq to drive analysis design and delivery of Avaloq-based banking and wealth management solutions. The role involves working closely with business stakeholders architects and development teams to translate business requirements into cost-effective high-quality application solutions while ensuring regulatory and architectural compliance.

Responsibilities

Lead analysis design and solution validation activities within the assigned domain

Conduct requirement workshops and solution discussions to ensure complete requirement coverage

Capture customer business needs and translate them into functional and technical requirements

Define functional and technical designs for new features and system adaptations

Bridge gaps between business requirements solution design development and testing teams

Formalize business requirements through documentation such as functional and technical specifications

Document business processes including As-Is and Target workflows use cases and scenarios

Mediate discussions between business and technical teams and take decisions based on feasibility cost and strategy

Act as a subject matter expert in specific functional areas and deep-dive into requirement or solution gaps

Support consulting projects client workshops and act as the primary contact for functional queries

Monitor progress identify risks and issues and escalate to the project or delivery manager in a timely manner

Requirements

Bachelors degree in Computer Science Information Technology Programming & Systems Analysis or related field

69 years of experience in Financial Technology environments (Wealth Management or Core Banking)

Strong experience with Avaloq (preferred)

Good understanding of financial and global market regulations

Strong analytical and product management skills

Ability to interpret business needs and translate them into application and operational requirements

Good stakeholder management and communication skills

Strong interpersonal negotiation and conflict management abilities

Structured organized and detail-oriented approach with focus on quality deliverables

Ability to multitask and adapt to changing priorities

Knowledge of testing concepts; test automation experience is a plus

Education

Bachelors degree in Business Information Technology Engineering or a related field

GOOD TO HAVE

Client Management

oStatic data management

oClient modelling and onboarding

oCRM modules

Portfolio Management

oPortfolio Desk and Performance Desk

oInvestment Policy Statements

oAsset Allocation Benchmarks Model Portfolios Investment Propositions

Transactional Modules

oCash transactions (FX Money Market OTCs Payments Money Transfers)

oInvestment transactions (Asset Management Time Series Stock Exchange Settlement Corporate Actions Reconciliation)

oCredit and financing (Facilities Limits Loans Guarantees Securities Financing)

oCosts and fees

oCompliance rules and regulatory setup

Migration

oETL processes (Extract Transform Load)

oStatic and dynamic data migration

oMigration strategies planning workflows and data mapping

Project Management

oExperience working in Waterfall and Agile delivery models

TECHNICAL / PROFESSIONAL SKILLS

Avaloq platform

Business and functional analysis

Requirement documentation and solution design

Banking and wealth management systems

NON-TECHNICAL / SOFT SKILLS

Strong analytical and problem-solving skills

Excellent communication and stakeholder management

Negotiation and decision-making abilities

Attention to detail and results orientation