Senior Technical Lead – 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 SummaryThe Senior Technical Lead – Avaloq is responsible for leading analysis, design, and solution validation activities for Avaloq-based wealth management and core banking platforms.

The role acts as a key bridge between business and technology teams, translating complex business requirements into cost-effective, high-quality functional and technical solutions while ensuring regulatory compliance, architectural alignment, and timely delivery.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• Bachelor’s Degree in Engineering/Computer Science/Information Technology or related disciplines.• 6 - 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• Bachelor’s degree in Business, Information Technology, Engineering, or a related fieldGOOD 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:o Cash Related Transactions (FX, Money Market, OTCs, Payment, Money Transfer etc).o Investment Related Transactions (Asset Management, Time Series management, Stock Exchange, Settlement, Corporate Actions, Reconciliation etc).o Credit/Finance (Facility/Financing, Limit, Loan, Guarantee, Other security Financing).o Cost & feeso Compliance rules and setupo Regulatory• 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.