Murex Front Office BA / Configurator

Levy Professionals; Utrecht; On-site; EUR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented Murex Front Office Business Analyst/Configurator to enhance their front office operations. In this pivotal role, you will leverage your deep expertise in Murex to optimize trade execution, pricing, and risk management processes. You will be responsible for configuring and maintaining the Murex system, ensuring compliance with financial regulations, and collaborating with cross-functional teams to drive process improvements. This position offers a unique opportunity to contribute to innovative projects that directly impact the efficiency and stability of front office operations. If you thrive in a dynamic environment and are passionate about financial technology, this role is for you.

Qualifications

• Deep expertise in Murex and front office operations is essential.
• Strong analytical and configuration skills required for trade execution.
• Experience in regulatory compliance and stakeholder management is a plus.

Responsibilities

• Configure and maintain Murex for front office functionalities.
• Support changes related to trade execution and risk management.
• Collaborate with compliance teams to ensure regulatory adherence.

Skills

Murex Configuration

Analytical Skills

Front Office Operations

Regulatory Compliance

Stakeholder Management

Testing and Validation

Education

Bachelor's Degree in Finance or IT

Master's Degree (preferred)

Tools

Murex

MxML

Livebook

Job description

Murex Front Office BA / Configurator (BBBH17074) Utrecht, Netherlands

We are looking for…

A highly skilled and experienced Murex Front Office Business Analyst/Configurator to join our team. The successful candidate will support changes and enhancements within the Front Office domain, ensuring efficient trade execution, pricing, and risk management. This role requires deep expertise in Murex, front office operations, and strong analytical and configuration skills.

Outcomes of the project:

• Efficient trade execution, pricing, and risk management.
• Optimization of the Murex system for performance and stability.
• Successful implementation of regulatory changes affecting front office operations.
• Process improvement and optimization within front office operations.

You will:

• Configure and maintain Murex for front office functionalities.
• Implement and support changes related to trade execution, pricing, and risk management requirements.
• Ensure the system is optimized for performance and stability.
• Participate in production support rotation for second and third line support providing functional and technical expertise to the support team, picking up incidents during or outside of business hours.
• Support the implementation of regulatory changes affecting front office operations.
• Ensure all configurations and processes comply with financial regulatory standards.
• Collaborate with compliance teams to address regulatory requirements.
• Refine business requirements from front office stakeholders.
• Translate business requirements into functional specifications for Murex.
• Conduct gap analysis and feasibility studies for new initiatives.
• Develop and execute test plans to ensure changes meet business requirements.
• Perform system testing, integration testing, and user acceptance testing (UAT).
• Identify and resolve defects during the testing phase.
• Work closely with front office, IT teams, and external vendors.
• Provide training and support to end-users.
• Manage communication and expectations with stakeholders.
• Identify opportunities for process improvement and optimization.
• Stay updated with the latest developments in Murex and front office operations.
• Propose and implement innovative solutions to enhance system capabilities.

Responsibilities:

• Murex Configuration and Support:
• Configure and maintain Murex for front office functionalities.
• Implement and support changes related to trade execution, pricing, and risk management requirements.
• Ensure the system is optimized for performance and stability.
• Participate in production support rotation for second and third line support providing functional and technical expertise to the support team, picking up incidents during or outside of business hours.
• Regulatory Compliance:
• Support the implementation of regulatory changes affecting front office operations.
• Ensure all configurations and processes comply with financial regulatory standards.
• Collaborate with compliance teams to address regulatory requirements.
• Business Analysis:
• Refine business requirements from front office stakeholders.
• Translate business requirements into functional specifications for Murex.
• Conduct gap analysis and feasibility studies for new initiatives.
• Testing and Validation:
• Develop and execute test plans to ensure changes meet business requirements.
• Perform system testing, integration testing, and user acceptance testing (UAT).
• Identify and resolve defects during the testing phase.
• Stakeholder Management:
• Work closely with front office, IT teams, and external vendors.
• Provide training and support to end-users.

Technical Expertise:

• Murex System Knowledge:
• Deep understanding of the Murex platform, with a focus on its architecture and front office modules.
• Extensive experience in configuring and customizing Murex for front office functionalities.
• Proficiency in Murex MxML workflows, data mapping, and scripting to automate processes and integrations.
• Experience with analysis of discrepancies in positions using tools like Livebook, simulation, and warehouse data.
• Experience with enhancing the Murex platform with the following capabilities:
• Curve Configuration: Configure pricing curves and hedge curves.
• Pre-Trade Workflows: Design and optimize workflows before trade execution.
• Simulation Views: Create and analyze simulation views.
• Pricing Templates: Develop and maintain pricing templates.
• Generators / Indexes / Archiving Groups: Manage these critical components.
• EOD (End-of-Day) / GOM (Global Operations Manager): Basic knowledge of these processes.
• Front Office Operations:
• Hands-on experience with Murex front office modules, including trade execution, pricing, and risk management.
• Ability to configure pricing models, trade capture, order management, and risk analysis tools.
• Experience in managing real-time data feeds, market data integration, and trade lifecycle events.
• Regulatory Compliance:
• Detailed knowledge of regulatory requirements affecting front office operations.
• Ability to implement regulatory changes within Murex, ensuring compliance with global and regional financial regulations.
• Performance Optimization:
• Proficiency in optimizing Murex performance for large-scale data processing and real-time trade execution.
• Experience in troubleshooting performance issues and implementing best practices for efficient system operation.
• Integration and Automation:
• Skills in integrating Murex with other financial systems and data sources, ensuring seamless data flow and process automation.
• Proficiency in using MxML Exchange, Datamart, and other Murex tools to create reports and dashboards for front office operations.

Example Projects/Tasks:

• Front Office Projects:
• Successfully lead projects to implement new front office features in Murex.
• Configure complex pricing models and risk management tools for various financial products, ensuring accurate trade execution and risk assessment.
• Regulatory Implementation:
• Play a key role in implementing changes for new regulatory requirements within Murex, ensuring compliance with financial regulations.
• Lead initiatives to enhance system performance and reliability, including database optimizations, code enhancements, and process streamlining.

Communication and Interpersonal Skills:

• Excellent verbal and written communication skills.
• Ability to work collaboratively with cross-functional teams.
• Strong stakeholder management and negotiation skills.

Preferred Qualifications:

• Experience with other front office and trading systems and tools.
• Prior experience working in a financial services or banking environment.
• Knowledge of additional regulatory requirements impacting front office operations.