Murex Front Office Business Analyst

Job Description:

JOB TITLE: Murex Front Office Business Analyst

DEPARTMENT/UNIT: Global Markets IT - Front office squad team

REPORTS TO: GM IT FO Squad Lead 

PURPOSE OF JOB

The Murex FO Business Analyst will be required to be part of GM IT FO Squad responsible to provide IT services to Global Markets team. The squad is responsible for support, change request and projects pertaining to Global Markets. Key responsibilities of the role include engaging with business, conducting analysis, developing requirements, reviewing technical and functional design, building and testing solution, and ensuring proper closure of the different initiatives by taking ownership/accountability end to end.

TASKS

• Analysis & Documentation of user requirements and transpose into Functional Specifications
• Act as key liaison with Global Markets teams (business and their supporting functions), IT teams as well as with the vendors
• Participate actively in discussions with business, understand their needs and transform them into change or project initiatives
• Define the systems and data requirements and validate the systems design and processes from functional and technical aspects
• Develop and refine the various business/functional/testing requirements in support of the project and systems involved, working alongside the vendor if needed
• Configuration of the solution as per requirements
• Act as the subject matter expert for Murex suite of tools used within Front Office and ensuring that all functionality of the product are installed and leveraged to its best capability within the group
• Creation of test plan, test cases, execution of system testing
• Contribute to the User Training activities, through one-to-one discussion, preparation of user training guides & presentations
• Follow up with vendor support as and when necessary to resolve bugs/issues
• Ensure technical and functional hand over of the project and changes to the relevant teams
• Assist in developing business and operational processes and to participate in developing system training artefacts.

AUTHORITIES

WORK CONTACTS (Inside and outside the Bank)

Contacts (inside and outside the bank)    |           How Often            |             Method of Contact

IT Teams                                                                          Daily                                        In Person

Project Manager and Project Team                            Daily                            In Person/Phone/Email

Business Stakeholders/Users                                     Daily                             In Person/Phone/Email

Internal/external solution providers                      Need Basis                      In Person/Phone/Email

JOB KNOWLEDGE & EXPERIENCE

• Minimum 5 years of experience as Murex Front office Business Analyst
• Extensive experience in setting up and validating Interest rate curves including for ARRs
• Expertise in multiple asset classes (atleast 2 of the following) such as IR vanilla and exotic derivatives,  Equity Derivatives, Commodity Derivatives , FX Derivatives,  Structured Derivatives etc.
• Expertise in terms of pricing, valuation, risk management and sensitivities including for exotic products
• Strong exposure to FO Modules of Murex - E-Tradepad, Simulation, Livebook, RTPM, Structured Bonds Module, Pre-Trade Workflow, Market Data, Dynamic Tables, P&L Notepad, FDI Templates, Blotters, Risk Matrices etc.
• Exposure on Flex API, Pricing API, VaR (MRA/MRB), xVA modules will be an added advantage
• Flex API development skills is an advantage (debugging and compiling libraries in C++, interfacing with REST APIs, …)
• Experience in leading and delivering projects
• Experience in implementation and supporting Murex v3.1 with regards to front office capabilities 
• Excellent knowledge of Capital Markets products and processes, front to back.
• Experience on implementation of both linear and non-linear products in Murex
• Strong analytical and problem-solving skills accompanied with excellent communication

QUALIFICATIONS AND SKILLS

• The candidate should possess either a postgraduate degree or qualification in Information Systems / Engineering / Business Administration.
• The candidate should carry a minimum relevant work experience in a Bank or I.T. Company for a minimum of 5-7 years.
• Strong record of stakeholder management and leadership skills
• Strong understanding of the financial markets, trading and banking solutions
• Strong knowledge of the Global Markets products and practices, front-to-end: pricing, limit checks, booking, risk management, accounting generation, settlements and confirmation generation
• Candidate must be technically astute and have had relevant exposure and experience with bank systems and processes
• Strong proven track record of liaising with stakeholders for business requirements, specification documents, testing processes and other relevant information.
• Strong numerical skills coupled with the ability to deliver well under pressure and tight deadlines.
• Candidate must display strong verbal and written communication skills.

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