Murex Trading (FO) Consultant

Luxoft; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading global IT services firm based in Toronto is looking for candidates skilled in Murex implementation. This role demands experience in financial markets and expertise in SQL and Unix, providing support for complex financial products. Ideal candidates should have 2+ years with Murex and strong analytical skills. Comprehensive knowledge of accounting principles and effective communication abilities are also important. Join an innovative team focused on delivering high-quality solutions.

Qualifications

• 2-4 years of experience in financial markets/IT business analysis.
• 2+ years of experience working with the Murex product on Trading or FO support/projects.
• Ability to utilize FO experience on financial derivatives and Murex software.

Responsibilities

• Provide high-quality support using the Murex platform for market data management.
• Develop test cases to troubleshoot the system.
• Consultants should be comfortable with at least one asset class.

Skills

Good product knowledge/understanding in IRD, CRD, COM, EQD, FXD, FXMM

Strong SQL, Unix, scripting, Sybase, and Oracle skills

Good understanding of accounting principles

Detail-oriented, quick learner, self-starter

Good verbal and written communication skills

Education

BS or higher degree in Finance, Mathematics or equivalent

Job description

Project description

DXC Luxoft has one of the world's leading Murex practices. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade, and migration. We provide end-to-end project services and have delivered over 200 successful Murex projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance. Whether you possess a background in finance, technology, or Mathematics, your experience in the capital markets industry would be of high interest to us.

Responsibilities

• Consultants should be comfortable with at least one asset class (e.g., Commodities, FXO, FI) and show experience in implementation or client support.
• 2-4 years of experience in financial markets/IT business analysis.
• 2+ years of experience working with the Murex product on Trading or FO support/projects with clients. Ability to utilize FO experience on financial derivatives and Murex software to participate in implementation and upgrade projects through build and validation phases.
• Provide high‑quality support in using the Murex platform for market data management, pricing, and structuring of complex financial products within the trading domain (e.g., FX derivatives, interest‑rate derivatives, fixed income).
• Develop test cases to troubleshoot the system, document defective use cases for fixes by developers.

Skills

• Good product knowledge/understanding in IRD, CRD, COM, EQD, FXD, FXMM.
• Good understanding of accounting principles, accounting rules, ledger, and account balances.
• Good working knowledge of Murex Accounting.
• Strong understanding of Back Office functions and processing.
• Strong functional and technical understanding of settlement instructions.
• Good knowledge of post‑trade interactions between capital‑markets actors (service providers).
• Good understanding of OSP (Open Settlement Protocol) and related workflows, operations, fixings, confirmations, and trade life cycle.
• Must have 2+ years’ experience with Murex.
• Strong SQL, Unix, scripting, Sybase, and Oracle skills.
• Strong personality, logical and analytical skills; detail‑oriented, quick learner, self‑starter.
• Good verbal and written communication skills; strong organization skills.

Nice to have

• BS or higher degree in Finance, Mathematics or equivalent.
• Implementations and upgrades experience.
• Test management skills.
• Trade life cycle management.
• Market data management.
• Knowledge in SQL (Oracle and/or Sybase) and Unix commands.
• Good understanding of Market Risk Management (including VaR, stress tests, back‑testing).
• Client focus: understands clients’ businesses, builds strong relationships.
• Communication skills: effective verbal and written expression; adaptable language, terminology, non‑verbal cues.
• Teamwork: works effectively with others, builds strong teams and networks.
• Personal leadership: identifies own skills, displays confidence and resilience.
• Planning and organizing: identifies milestones, articulates deliverables, mitigates risks, manages scope and changes.
• Analytical decision‑making: identifies and solves problems through insight, gathers relevant information, draws conclusions.