Murex is a global fintech leader in trading, risk management and processing solutions for capital markets.
Operating from our 19 offices, 3 400 Murexians from over 65 different nationalities ensure the development, implementation and support of our platform which is used by banks, asset managers, corporations and utilities, across the world.
Join Murex and work on the challenges of an industry at the forefront of innovation and thrive in a people-centric environment. You’ll be part of one global team where you can learn fast and stay true to yourself.
Team & Context
You will become a part of the Trading Instruments and Analytics Domain (TIA) which is at the heart of MX.3 software evolution, where you will become a member of the Financial Engineering team. Our multi-cultural team designs, validates and delivers Murex Advanced Analytics (MACS) which is a combination of rich catalogue of derivative products covering all asset classes, and a large set of models for evaluation and risk management of derivatives.
We work closely with the quant development and integration teams to enhance our products and models. We provide our quantitative expertise and collaborate with Front Office Trading teams like EQD, Non-Linear Rates, FXD, COM, etc. to build trading solutions. Similarly, we assist Client Services and regional offices across the globe to provide cutting-edge solutions for our clients.
As an illustration of subjects, the team is currently investing heavily in the evolution and deployment of the last generation of Stochastic-Local Volatility model for FX and equity derivatives powered by neural networks acceleration, as well as the Forward Market Model for the interest rates derivatives, but also on the modernization of the integration stack of our whole catalogue of analytics. We leverage our REST services based internal ecosystem for model validation, with access to market data, and MACS pricing Service, to conduct the large-scale model tests using python. And we would like to automate our products testing further using MX.3 last generation of public APIs.
Your missions / What you’ll do?
You will be working alongside financial engineers, consultants, quant analysts, model developers, model validators and product experts worldwide.
As a part of the cross-asset team, you will be contributing towards the common goal of the Analytics product management, more precisely:
- Product support:
- addressing client questions
- analysis of derivatives mispricing
- organizing corrective maintenance with development teams
- enhancement of product documentation
- Product evolution:
- analysis of client business requirements
- following market trends and establishment of the solution roadmap
- preparation of product specifications to address internal or client requirements
- validation of payoffs and models
- documentation & demonstration of the new functionalities
As a team member within an experienced agile team composed of consultants and developers, you will learn and participate by bringing context of requirements to developers, participate in new features testing, team demos and production of test reports for our customers.
Your profile / Who you are?
- You are passionate about technology and financial mathematics
- Strong academic background in a quantitative field (Computer Science, Engineering, Physics, Mathematics w/ understanding of stochastic processes)
- Financial mathematics background is a plus
- You have strong analytical and problem-solving skills
- You can leverage a programming language (e.g. python) to enhance your productivity
- You can efficiently communicate in multicultural environment: English is a must
- In each challenge you see an opportunity for growth
- You can handle multiple projects in parallel and adapt to eventual emergencies
Why joining us?
- Joining the Financial Engineering team will allow you to rapidly gain exposure to lots of different exotic products and models, learning market practices from the Murex experts and clients with plenty of opportunities to learn
- You will ultimately become a cross-asset expert with an unparalleled exposure to financial products and their models
- You will be working closely with the quant team, gaining invaluable insights on model development and evolution
- You will join a company with strong core values and a long-term vision supported by investment in people
- You will be working in an environment which promotes collaboration, innovation, and growth
- You have a chance to make a positive impact on the Trading solution with your propositions being delivered in MX.3 and used by large financial institutions across the world
Skills Required
- Strong academic background in a quantitative field such as Computer Science, Engineering, Physics, or Mathematics
- Understanding of stochastic processes
- Strong analytical and problem-solving skills
- Ability to leverage a programming language, such as Python, to improve productivity
- English-language communication skills
- Ability to communicate effectively in a multicultural environment
- Ability to handle multiple projects in parallel and adapt to emergencies
- Financial mathematics background
What We Do
We are the long-term technology partner for the capital markets, working with financial institutions in over 60 countries to adapt and evolve their IT systems. In a changing financial world, our technology is designed to help our 57,000 daily users respond to the challenges they face today and build foundations for the future. MX.3 is our award-winning open platform that sits at the heart of our clients’ IT infrastructure. This agile foundation brings together a specialized set of business process to deliver regulatory and business ready solutions, across asset classes, business functions and sectors. The modular platform means clients can consolidate and grow their IT infrastructure step-by-step, at a lower cost and delivering immediate, tangible business value. • Consolidate inefficient legacy systems • Manage cost pressures and reduce TCO • Improve regulatory time-to-market and efficiency For over 30 years Murex has invested in developing the leading technology solution for capital markets participants, from banks and brokers to energy and commodities firms. Today we have over 2,500 employees in 19 countries who are committed to helping our customers, from disruptive market entrants to some of the most established global players, navigate the changing financial landscape. As the capital markets continue to evolve, we will keep investing to make sure that our clients, our company and our people can do the same. As you plot your course, we’ll be with you every step of the way.
