Job Description

Senior IT Banking Consultant (Avaloq) - Transactions

Location

Luxembourg

Level

Senior

Type

Full Time

Who we are

Forty2 is a seasoned consulting company with over a decade of professional experience in Financial Services.


Operating globally with a presence in Europe and Asia, we are dedicated to business transformation by enhancing business processes. From Project Management, Business Analysis and Consulting to Hands-On Development, Forty2's diverse technology skill sets empower our team to assist clients in overcoming challenging situations.

What You Will Do

We are looking for a highly skilled Senior Avaloq Consultant to join our dynamic team. You will play a key role in designing, implementing, and optimizing Avaloq banking solutions for our clients. Your expertise will help ensure seamless integration, adherence to regulatory requirements, and alignment with business objectives.

  • Analysis, design and implementation of technical solutions in close cooperation with the customer.
  • Lead or support the implementation and enhancement of Avaloq modules related to securities (trading, settlement, custody, corporate actions, repo) and cash (payments, reconciliation, money markets).
  • Develop using Avaloq script and PL/SQL.
  • Conduct code reviews, troubleshoot issues, and ensure high-quality deliverables.
  • Proactively contribute to the timely completion of workstream deliverables, maintaining high quality standards at all times.
  • Full responsibility for the configuration and integration of Avaloq Core Banking solution.
  • Support of product and business development activities

Qualifications

  • Bachelors or Masters degree, preferably in Computer Science, Economics, or a related field
  • Minimum 3 years of hands-on experience with Avaloq, with a focus on transactional modules (securities and cash)
  • Ability to understand the functional requirements of the client and map those to Avaloq products and/or to configure the system to meet the clients needs
  • Solid understanding of settlement processes, corporate actions, reconciliation, trading and payment flows.
  • Solid experience with Avaloq scripting, parameterization, and PL/SQL
  • Avaloq certification required
  • Familiarity with project lifecycles and development methodologies (Agile, Waterfall, etc.)
  • Good knowledge of banking IT environments and the financial services industry
  • Excellent analytical skills and a structured approach to solving complex business and technical challenges
  • Good stakeholder management & analytical skills
  • Fluent English and French is mandatory, German is a plus
  • Willingness to travel and to work at client sites in Luxembourg and abroad

Only candidates residing in Luxembourg or EU citizens willing to relocate to Luxembourg will be considered for this position.

Why you should join Us?

For a decade, Forty2 has been delivering high-quality services to the financial industry. With a global presence across Europe and Asia, we have successfully completed several projects, ensuring excellence and innovation at every step. 

With steady annual global employee growth, we contribute to and deliver numerous projects each year for leading financial companies—and we are now expanding into other industries. 

And because we believe in work-life balance, we organize seasonal events - a chance to relax, bond with colleagues in a casual setting, and build a stronger team spirit. We empower you to become the best version of yourself. So, what are you waiting for? The best part of your professional journey starts here, with Forty2. 

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Dynamic team

At Forty2, we foster communication, career development, and well-being, providing an environment where you can thrive. 

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Empowered to Share

Our horizontal structure makes it easy for everyone to share ideas, collaborate, we encourage innovation and proactivity.  

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Skills That Evolve

You'll have access to a network of experts and specialized training to evolve your skills - teamwork is one of our core values 

Send us your application

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