Principal Engineer - Avaloq

HCLTech - Australia and New Zealand; Sydney; Remote; AUD 140,000 - 190,000; Full time

Job summary

HCLTech in Australia seeks a seasoned Business Analyst with 10+ years in Financial Technology to drive analysis, design, and stakeholder alignment across Wealth Management and Core Banking domains. You will capture customer needs, translate them into functional specifications, and guide design, development and testing with a focus on cost-efficient, value-driven solutions.

Strong domain knowledge in Avaloq and trading platforms is preferred; you will mediate between business and technical teams,

Qualifications

• Bachelor’s/Master’s degree in Information Technologies or related field.
• 10+ years of experience in Financial Technology, Wealth Management, or Core Banking; Avaloq preferred.
• Strong analytical skills with ability to translate business needs into technical requirements.
• Knowledge of trading, middle office, and back-office platforms (Bloomberg, Avaloq, FinIQ) is a plus.
• Excellent interpersonal and communication skills; able to interact with diverse stakeholders.

Responsibilities

• Drive and lead analysis & design, solution validation, and workshops to ensure complete coverage.
• Capture customer needs and translate them into functional and technical requirements.
• Define and bridge the gap between requirements, solution, development, and testing.
• Formalize business requirements with use cases, scenarios, and workflows.
• Mediate discussions and make decisions on feasibility, costs, and architecture.
• Report progress, risks and issues to project or delivery managers.
• Act as domain expert and support consulting projects and workshops with customers.

Skills

Business Analysis

Requirements Elicitation

Stakeholder Management

Financial Domain

Avaloq knowledge

Data Analysis

Education

Bachelor’s/Master’s in IT or related field

Tools

Avaloq

Bloomberg

FinIQ

Job description

We are HCLTech, one of the fastest-growing large tech companies in the world and home to 219,000+ people across 54 countries, supercharging progress through industry-leading capabilities centered around Digital, Engineering and Cloud.

The driving force behind that work, our people, are diverse, creative, and passionate, raising the bar for excellence on a regular basis. We, in turn, work hard to bring out the best in them as we strive to help them find their spark and become the best version of themselves that they can be.

At HCLTech , we value the unique perspective and contributions of all individual and we actively encourage applications from Aboriginal and Torres Strait Islander people to apply for this role.

Are you ready to be an important part of this ever-transformational journey?

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

Good to have:

• Client Management knowledge: Static data knowledge, Client Modelling, Client onboarding process, CRM module; OR
• Transactional Modules knowledge
• Investment Related Transactions (Asset Management, Time Series management, Stock Exchange, Settlement, Corporate Actions, Reconciliation etc)
• Credit/Finance (Facility/Financing, Limit, Loan, Guarantee, Other security Financing)
• Cost & fees
• Compliance rules and setup
• Regulatory

OR

• 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

Requirements:

• Bachelor’s/Master’s degree (or its equivalent) in Information Technologies or related course
• More than 10+ 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.

Other soft skills required

• Excellent interpersonal skills: good negotiation and conflicts management skills, able to build momentum / define consensus.
• Excellent verbal and written communication skills and the ability to interact professionally with a diverse group, managers, and subject matter experts. Be able to adapt to the interlocutor.
• 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.

Why Us

We are one of the fastest-growing large tech companies in the world, with offices in 50+ countries across the globe and 219,000 employees.

• Our company is extremely diverse with 165 nationalities represented.
• We offer the opportunity to work with colleagues across the globe.
• We offer a virtual-first work environment, promoting a good work-life integration and real flexibility.
• We offer comprehensive benefits for all employees.
• We are a certified great place to work and a top employer in 17 countries, offering a positive work environment that values employee recognition and respect.

Equality & Opportunity for All

Representing 165 nationalities across the globe, we pride ourselves on being an equal opportunity employer, committed to providing equal employment opportunities to all applicants and employees regardless of race, religion, sex, colour, age, national origin, pregnancy, sexual orientation, physical disability or genetic information, military or veteran status, Aboriginal and Torres Strait Islander people or any other protected classification, in accordance with federal, state, and/or local law.

Candidate Data Privacy Notice | HCL Technologies

We are committed to respecting your privacy and for the protection of your personal data. Your personal data will be collected and processed in line with our candidate privacy notice: https://www.hcltech.com/candidate-privacy-notice. This privacy notice will help you to understand what personal data we collect about you, how we use this personal data, and what rights you have regarding your personal data. By replying to this email or submitting any personal data to HCLTech, you acknowledge that you have read and understood the candidate privacy notice and have provided your consent to the processing of your data for recruitment purposes as described in the privacy notice".