FO Migration Functional BA - Riyadh, Saudi Arabia - Relocation friendly

Luxoft; Riyadh; On-site; SAR 350,000 - 600,000; Full time

Job summary

Luxoft is seeking a Murex Migration Functional BA to drive migration/upgrade of Front Office trading, pricing and risk on MX.3 to v3.1 in Riyadh. You will work with tech teams and Front Office users to validate trade capture, pricing and P&L, pre- and post-migration.

Required: 7–10 years in finance with 4+ years on migration projects, strong knowledge of IRD, FXD, bonds and equities, and hands-on MX.3 Front Office modules.

Qualifications

• 7–10 years of experience in financial services, with 4+ years on migration projects.
• Solid understanding of IRD, FXD, bonds, repos, and equities.
• Hands-on MX.3 Front Office modules (Trade Capture, Pricing, Market Data).

Responsibilities

• Migrate/upgrade Front Office trading, pricing and risk on Murex MX.3 to v3.1.
• Collaborate with tech teams to validate migration of trade capture, pricing and risk.
• Demonstrate deep knowledge of Murex 3.1.
• Validate P&L, Greeks, and risk figures pre- and post-migration.
• Leverage Murex workflows across trade life cycle and interfaces.
• Support data migration activities: trade data and static data reconciliation.
• Propose enhancements using analytics and Murex expertise.
• Coordinate cutover planning, go-live activities and post-go-live support.

Skills

Murex MX.3

Front Office modules

Migration projects

Data migration

Trade capture workflows

SQL

Tools

Murex Datamart

Reporting tools

Job description

Responsibilities

• The Murex FO Migration Functional BA will support the migration/upgrade of Front Office trading, pricing, and risk functionalities within the Murex platform (e.g., migrating from an older Murex version like MX.3 v2.x to v3.1, or from a legacy trading system to Murex).
• Working close with technical teams to ensure trade capture, pricing, and market risk functionalities are correctly migrated and validated.
• Demonstrate strong knowledge of Murex 3.1.
• Work with Front Office users to validate P&L, sensitivities (Greeks), and risk figures pre
• and post-migration.
• Apply extensive experience in Murex workflow covering trade life cycle, system interface workflow creation, confirmation generation, error management, and OSP.
• Support data migration activities: trade migration, static data migration, reconciliation of legacy vs. Murex positions, trade mapping.
• Propose enhancements to existing solutions using analytical and technical expertise.
• Coordinate cutover planning, go-live activities, and post-go-live support.

Skills

Must have

• The role requires substantial expertise in Murex, specifically 7 to 10 years of overall experience with 4+ years dedicated to migration projects.
• Solid understanding of financial products: IRD, FXD, bonds, repos, comm, equities.
• Strong hands‑on functional experience with Murex MX.3, specifically Front Office modules (Trade Capture, Pricing, Market Data, Pre-Deal/Post-Deal workflows).
• Experience in at least one full-cycle Murex implementation or migration project.
• Experience with data migration/reconciliation methodologies.

Nice to have

• Familiarity with SQL, Murex Datamart, or reporting tools is a plus.
• Hands‑on experience with Murex (MX.2 or MX.3) configuration, workflows, or functional modules (FO/MO/BO, Risk, Collateral, Confirmations, Accounting, Payments).