IT BUSINESS ANALYST

DIGITAL DISRUPTION PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading bank in Singapore is looking for an experienced Business Analyst with 6 to 8 years of experience working on Murex projects, particularly in binary upgrades. The candidate will analyze business issues, collaborate with stakeholders, and ensure effective reconciliation processes. The ideal candidate should have strong problem-solving skills and a deep understanding of front and back office systems, including Murex Accounting and Datamart. This role offers an opportunity to contribute to strategic projects in a dynamic environment.

Qualifications

• 6 to 8 years of experience working with Murex as a Business Analyst.
• Experience in working on a Murex Binary Upgrade project as FO/BO BA.
• Deep knowledge of Murex Accounting, Datamart, and reconciliation modules.

Responsibilities

• Hands-on business analysis role to analyze and propose solutions for business issues.
• Work with different teams and stakeholders to deliver system solutions.
• Gather requirements from Business stakeholders for reconciliation scoping.

Skills

Front Office

Business Analysis

Leadership

SQL

Microsoft Excel

Team Player

Tools

Murex

Datamart

Job description

Roles & Responsibilities

• Project Description :
• One of our client (a leading bank of Singapore) is undertaking a strategic upgrade of its Murex MX.3 platform to enhance system resilience, support new product capabilities, and align with evolving regulatory and operational requirements.
• This initiative includes upgrading from version 3.1.42.48b to 3.1.6x.x, onboarding the EQA and OSP Excess modules, and implementing comprehensive reconciliation, testing automation, and governance frameworks.

Responsibilities

• Hands‑on business analysis role to analyse and propose solutions for business issues, process changes, and functional requirements.
• Work with different teams and stakeholders to deliver system solutions for the business.
• Gather requirements from Business stakeholders towards scoping of reconciliation of Data between base and target system (across the Front office, Risk, Back office).
• Analyze Reconciliation outputs across base (Mx 2.11) & target system (Mx3.1) to compare the PL, MV, Cash Flows, Sensitivities for various asset classes.
• Identify the root causes / explanations and mitigation actions for the differences found on the reconciliation outputs.
• Work with end users to explain the root causes and performing the mitigation actions.
• Define the tolerances on the reconciliation differences.
• Maintain & Update repository of root causes of difference and support in automating the reconciliation execution & explanation.
• Perform execution of Reconciliation as per the project requirement & iterations.
• Build a strong relationship and manage expectations with users and stakeholders.
• Collaborate with stakeholders on their priorities, needs as well as system improvements.

Mandatory Skills Description

• 6 to 8 years of experience working with Murex as a Business Analyst
• Experience in working on a Murex Binary Upgrade project as FO / BO BA
• Deep knowledge of Murex Accounting, Datamart, MxML Exchange, and reconciliation modules
• Experience configuring reconciliation rules, data mapping, exception handling, and reporting in Murex
• Exposure to working on analysis of Recon differences for FO, MO & BO area (at least 1‑2 areas required)
• Excellent communication and very good business understanding of front office / back office – especially FXD, FXO, Bond, IRD, IR Futures & IR Repo
• Working knowledge in Murex – front office simulation, trade capture and event management
• Exposure to Murex e‑trade pad, instruments, generators, P&L, MarketValue, Sensitivities & simulation knowledge
• Experience in Reconciliation & validation of PL, MV, Cash & Sensitivity numbers for Murex upgrade projects
• Strong team player with excellent communication & inter‑personal skills
• Strong problem solver who can question and understand proposed solutions and business drivers
• Strong organizational and leadership skills
• Strong understanding of treasury products and experience in front office projects
• Ability to work independently and in cross‑functional global teams

Skills

• Tell employers what skills you have
• Front Office
• UAT
• Leadership
• Treasury
• Microsoft Excel
• Ability To Work Independently
• Business Analysis
• SQL
• Accounting
• Banking
• Team Player
• Business Analyst
• Excess
• Mapping
• Business Requirements