IT-Business Analyst (Principal)

Marc Ellis; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial consultancy in Abu Dhabi is seeking a Regulatory/Murex Front Office Business Analyst. The role includes analyzing financial regulations like MiFID, EMIR, and SFTR, assessing vendor solutions, and ensuring successful regulatory implementations. Candidates should have at least 5 years of relevant experience, including expertise in Murex and capital markets. Strong analytical skills and stakeholder management experience are essential. Interested candidates can send their CV to the provided email.

Qualifications

• Minimum 5 years of experience as a Regulatory Business Analyst focusing on MiFID, EMIR, and SFTR regulations.
• Experience in leading and delivering projects within financial sectors.
• Strong numerical skills and ability to perform under pressure and tight deadlines.

Responsibilities

• Analyze and document user requirements related to regulatory compliance.
• Liaise with Global Markets teams and IT for project success.
• Create test plans and execute system testing for Murex.

Skills

Regulatory analysis

Stakeholder management

Murex expertise

Analytical skills

Project management

Education

Postgraduate degree in Information Systems / Engineering / Business Administration

Tools

Murex

Job description

Job Title

Regulatory/Murex front office BA

Department / Unit

Global Markets IT, Contract: 1 Year Extendable

Location

Abu Dhabi

Purpose of Job

The Regulatory/Murex Business Analyst is responsible for ensuring the implementation of key financial regulations including MiFID, EMIR, SFTR, Dodd Frank, etc. The role involves analyzing regulatory requirements, assessing vendors on their reporting solutions, reviewing technical and functional design, validating the solution, and liaising with different teams for successful regulatory reporting implementation. In addition, the BA will act as a Murex business analyst for front office processes.

Key Tasks

• Analyze and document user requirements related to MiFID, EMIR, and SFTR regulations and translate them into functional specifications.
• Act as key liaison with Global Markets teams (business and supporting functions), IT teams, and vendors.
• Lead vendor RFPs from a technology perspective and assess vendor solutions.
• Participate in discussions with business stakeholders to understand their needs and transform them into regulatory compliance initiatives.
• Work on non-regulatory aspects as a Murex front office analyst.
• Define systems and data requirements and validate system design and processes from functional and technical aspects.
• Develop and refine business/functional/testing requirements in support of projects and systems, working alongside vendors if needed.
• Configure the solution as per requirements wherever applicable.
• Create test plans, test cases, and execute system testing.
• Contribute to user training activities through one-to-one discussions, preparation of user guides, and presentations.
• Follow up with vendor support to resolve bugs/issues.
• Ensure technical and functional handover of projects and changes to relevant teams.
• Assist in developing business and operational processes and participate in developing system training artifacts.

Job Knowledge & Experience

• Minimum 5 years of experience as a Regulatory Business Analyst focusing on MiFID, EMIR, and SFTR regulations.
• Knowledge of Murex to support front office developments.
• Expertise in multiple asset classes (at least 2 of: FXMM, Security Financing, IR vanilla and exotic derivatives, Equity Derivatives, Commodity Derivatives, FX Derivatives, etc.).
• Strong exposure to FO Modules of Murex: E-Tradepad, Simulation, Livebook, RTPM, Pre-Trade Workflow, Market Data, Dynamic Tables, P&L Notepad, FDI Templates, Blotters, Risk Matrices, etc.
• Experience in leading and delivering projects.
• Experience in implementing and supporting Murex v3.1 for front office capabilities.
• Excellent knowledge of Capital Markets products and processes, front-to-back.
• Strong analytical and problem-solving skills with excellent communication abilities.

Qualifications & Skills

• Postgraduate degree or qualification in Information Systems / Engineering / Business Administration.
• Minimum 5–7 years of relevant work experience in a bank or IT company.
• Strong stakeholder management and leadership skills.
• Deep understanding of financial regulations (MiFID, SFTR, EMIR, Dodd Frank, etc.).
• Strong knowledge of Global Markets products and practices, front-to-end: pricing, limit checks, booking, risk management, accounting generation, settlements, and confirmation generation.
• Technically astute with experience in banking systems and processes.
• Proven track record of liaising with stakeholders for business requirements, specifications, testing, and related information.
• Strong numerical skills and ability to perform under pressure and tight deadlines.
• Excellent verbal and written communication skills.

Interested candidates can send your CV to: [e-mail]

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