Swiss private bank modernizing payment systems and security operations at scale
J. Safra Sarasin operates a multi-location private banking and asset management business anchored in legacy banking infrastructure (Avaloq, Finastra, SWIFT) but actively containerizing and integrating microservices—particularly around payment flows. The hiring mix skews heavily toward senior engineers, security, and legal roles, with acute focus on reconciliation inefficiencies and detection quality, suggesting a bank in the midst of infrastructure modernization paired with heightened regulatory or operational rigor.
J. Safra Sarasin is a private bank and wealth manager headquartered in Basel with operations across more than 30 locations spanning Europe, Asia, the Middle East, Latin America, and the Caribbean. The group serves private clients, institutional investors, and external asset managers with investment advisory, asset management, and structured products including Islamic wealth management offerings. Core business runs on Avaloq and Finastra banking platforms, with modern infrastructure (Kubernetes, OpenShift, .NET, Kafka) layered on top. Current priorities center on payment system redesign, reconciliation automation, and security operations maturity.
The bank runs on Avaloq and Finastra as primary banking systems, with modern middleware including Kubernetes, OpenShift, Kafka, and .NET for payment interfaces and microservices.
Main projects include modernizing payment functionalities in the core banking system, building Avaloq-to-external system interfaces, containerizing workloads for microservices deployment, and strengthening security operations (detection rules, SOC efficiency, alert quality).
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