Applications Developer – Avaloq
About ParkarAt 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 tomorrow’s 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 it’s data analytics, DevOps automation, or application development, Parkar is dedicated to achieving each client’s 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.For more info., Visit our website: https://parkar.inRole SummaryWe 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 mannerRequirements• Bachelor’s degree in Computer Science, Information Technology, Programming & Systems Analysis, or related field• 6–9 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 plusEducation• Bachelor’s degree in Business, Information Technology, Engineering, or a related fieldGOOD TO HAVE• Client Managemento Static data managemento Client modelling and onboardingo CRM modules• Portfolio Managemento Portfolio Desk and Performance Desko Investment Policy Statementso Asset Allocation, Benchmarks, Model Portfolios, Investment Propositions• Transactional Moduleso Cash transactions (FX, Money Market, OTCs, Payments, Money Transfers)o Investment transactions (Asset Management, Time Series, Stock Exchange, Settlement, Corporate Actions, Reconciliation)o Credit and financing (Facilities, Limits, Loans, Guarantees, Securities Financing)o Costs and feeso Compliance rules and regulatory setup• Migrationo ETL processes (Extract, Transform, Load)o Static and dynamic data migrationo Migration strategies, planning, workflows, and data mapping• Project Managemento Experience working in Waterfall and Agile delivery modelsTECHNICAL / PROFESSIONAL SKILLS• Avaloq platform• Business and functional analysis• Requirement documentation and solution design• Banking and wealth management systemsNON-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
