Murex Back Office Business Analyst

Set Europa; Paris; On-site; EUR 70,000 - 90,000; Full time

Job summary

SET Europa is seeking an experienced Murex Back Office Business Analyst (Mid/Senior) for a major transformation programme based in Paris, France. The role focuses on design, configuration, validation, and implementation of post-trade processes within Murex MX.3 across the Back Office lifecycle.

You will collaborate with Operations, Finance, Front Office, Risk, and IT to gather requirements, translate them into configurations, and support SIT/UAT and go-live activities.

Qualifications

• 5+ years of hands-on Murex experience, focused on Back Office.
• In-depth knowledge of MX.3 configuration and post-trade processes.
• Strong understanding of the Back Office lifecycle: confirmations, settlements, payments, reconciliations.
• Proven experience gathering requirements and preparing functional specifications.
• Excellent analytical and stakeholder management skills.
• Fluency in English and French is essential.

Responsibilities

• Analyse, design, configure, and validate Murex MX.3 Back Office processes across the complete post-trade lifecycle.
• Support confirmations, settlements, payments, cash flows, and accounting interfaces.
• Collaborate with Operations, Finance, Front Office, Risk, and IT to document requirements.
• Translate requirements into effective Murex configurations.
• Define target operating processes and resolve functional gaps.
• Prepare functional specifications and coordinate with technical teams.
• Plan SIT and UAT and manage defects throughout testing.
• Support data migration, cutover planning, go-live activities, and post-production stabilization.
• Contribute to project delivery aligning with objectives and timelines.

Skills

Murex MX.3

Back Office

Stakeholder management

SIT / UAT

Post-trade knowledge

Capital markets

English & French

Job description

SET Europa provides near shore, recruitment and outsourcing services and solutions for immediate project needs.

Our client is a recruitment consultancy specialising in IT, Finance, HR, and Digital Technology. Our client is seeking an experienced Murex Back Office Business Analyst (Mid/Senior) to join a major transformation programme based in Paris, France.

The successful candidate will play a key role in the design, configuration, validation, and implementation of post-trade processes within Murex MX.3, covering the complete Back Office lifecycle. This position requires strong functional and technical expertise in Murex, combined with excellent stakeholder management skills and a solid understanding of capital markets operations.

RESPONSIBILITIES

• Analyse, design, configure, and validate Murex MX.3 Back Office processes across the complete post-trade lifecycle.
• Support confirmations, settlements, payments, cash flows, fees, settlement instructions, reconciliations, and accounting interfaces.
• Collaborate with Operations, Finance, Front Office, Risk, and IT teams to gather, analyse, and document business requirements.
• Translate business and functional requirements into effective Murex configurations and solutions.
• Define target operating processes, configure workflows, and identify and resolve functional gaps.
• Prepare functional specifications and coordinate with technical teams to ensure successful implementation.
• Support payment generation, settlement processing, and operational workflows.
• Define and validate requirements for external systems and interfaces.
• Plan, coordinate, and execute System Integration Testing (SIT) and User Acceptance Testing (UAT).
• Identify, track, and resolve functional defects throughout the testing lifecycle.
• Support data migration, cutover planning, go-live activities, and post-production stabilization.
• Contribute to project delivery, ensuring alignment with business objectives, operational requirements, and implementation timelines.

Requirements

• 5+ years of hands-on experience with Murex, with a strong focus on Back Office functionalities.
• In-depth knowledge of Murex MX.3 configuration and post-trade processes.
• Strong understanding of the complete Back Office lifecycle, including confirmations, settlements, payments, and reconciliations.
• Solid knowledge of capital markets products, including:
• Fixed Income
• Money Markets
• Proven experience gathering business requirements, conducting functional analysis, and preparing detailed specifications.
• Experience configuring Murex workflows and resolving functional and operational issues.
• Strong background in SIT, UAT, defect management, and production support.
• Ability to collaborate effectively with business stakeholders and technical teams.
• Excellent analytical, problem-solving, communication, and stakeholder management skills.
• Fluency in both English and French is essential.