This role combines Swiss prudential regulation expertise with hands-on ownership of the FiRE legal reporting platform and business analysis skills to translate regulation into technical requirements.
As a Swiss Regulatory Reporting Expert, you will be responsible for ensuring full and timely compliance with Swiss and Liechtenstein regulatory reporting requirements (SNB, FINMA, FMA, Basel IV, liquidity, large exposures, etc.) through the effective use, configuration, and enhancement of the FiRE reporting tool.
Your key tasks
Own the end-to-end regulatory reporting process in FiRE for SNB statistics, Basel IV capital, liquidity ratios, large exposures, market and country risk, ensuring accuracy, completeness, and timely submission to the competent authorities
Interpret regulatory texts (FINMA circulars, SNB guidelines, Basel standards) and translate them into clear business rules, data mappings, and technical specifications for implementation in FiRE and upstream systems
Monitor regulatory developments affecting Swiss and cross-border reporting and assess their impact on existing FiRE configurations, reporting logic, and data requirements; drive or coordinate corresponding change initiatives
FiRE ownership and technical duties
Configure and maintain FiRE (interfaces and client configuration), in close cooperation with IT and the software provider, to reflect current legal requirements and bank-specific needs
Define, document, and prioritise detailed functional and technical requirements for changes to FiRE and upstream data sources, based on regulatory interpretation and operational constraints
Perform and coordinate functional testing (SIT/UAT) for new FiRE releases and regulatory changes, including non-regression tests, reconciliation checks, and defect management until production sign-off
Governance, controls and stakeholders
Design and operate data quality and control frameworks around FiRE (validation checks, reconciliations with general ledger and risk systems, sign-off workflows), and document procedures in line with internal policies and audit expectations
Act as primary point of contact for internal stakeholders (Finance, Risk, IT, Front Office, Compliance, Legal) on Swiss regulatory reporting topics and for external stakeholders (FINMA, SNB, auditors) regarding FiRE-generated reports
We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices.
In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.
We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.
Please be aware that we will not accept speculative CV submissions for any of our roles from recruitment agencies, and any unsolicited candidate submissions will be exempt from any payment expectations.
#LI-Hybrid
Annual bonus
At Avaloq we work hard to remain an industry leading provider and we love to reward our colleagues with a share of that success with an annual bonus, you will even remain eligible for annual bonus while you do the hardest job of your life - taking care of your children during parental leave.
Flexible working
We understand that fitting your life around your job can be challenging which is why in most roles we offer flexible working to allow you to thrive both in and out of work.
Instant recognition
We love to see people thriving in their roles and we have an instant recognition scheme at Avaloq to help managers reward the great work our colleagues deliver with a gift to say thanks.
Access to Udemy for professional and personal learning
We think it is important to learn and grow professionally, but if you are someone who likes to learn outside of work we give you access to online learning for both professional and personal learning, with over 210,000 courses to choose from.