Murex Back Office Consultant

Mizuho; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Mizuho is seeking a seasoned professional for their Murex Back Office operations in Singapore. The role involves leading the design and implementation of Murex workflows, ensuring compliance with industry standards, and providing expert support.

The ideal candidate will have over 8 years of experience with Murex, alongside strong problem-solving skills and a solid understanding of capital markets. Excellent communication abilities are essential for effective stakeholder engagement and user training.

Qualifications

• 8+ years of experience in Murex, focusing on Back Office.
• Strong understanding of trade lifecycle and financial market concepts.
• Excellent communication skills to explain technical concepts.

Responsibilities

• Design and implement Murex Back Office workflows.
• Act as liaison between business and IT teams.
• Support and troubleshoot Murex modules.

Skills

Murex MX.3 experience

Capital markets products knowledge

SQL proficiency

Unix/Linux scripting

Analytical problem-solving

Tools

Murex Back Office

MxML Exchange

Datamart

Job description

About Us

Mizuho Bank is the banking subsidiary of Mizuho Financial Group, which is headquartered in Tokyo, Japan. Mizuho Financial Group, Inc. is the 15th largest bank in the world, as measured by total assets of approximately US 2 trillion. Mizuho's 55,000 employees worldwide offer comprehensive financial services to clients in over 800 offices throughout the Americas, EMEA, and Asia.

Mizuho Bank Singapore Branch has an established local presence with over 50 years of history and serves as the regional hub for the bank's APAC operations. Operating with a Full Bank License, Mizuho Bank Singapore Branch provides banking services to over 2,000 Japanese and non‑Japanese corporate clients, with a staff strength of about 1,000 employees. We provide expertise in corporate finance, trade finance, cash management, funds transfers, project finance, and treasury services to help businesses develop and find new opportunities. We also collaborate with our affiliate company, Mizuho Securities, to provide investment banking solutions to our clients.

Auto req I

2072BR

Department

Asia-Pacific Corporate Function Coordination Department

Section

Core Banking Delivery

Location

Singapore

Job Responsibilities

• System Configuration and Implementation: Lead the design, configuration, and implementation of Murex Back Office workflows, including Contract, Event, Deliverable, and Exchange Workflows, to meet business requirements.
• Business Analysis and Solution Design: Act as the liaison between business stakeholders (including Operations and Treasury) and IT teams. Conduct user requirement workshops, document functional and technical specifications, and propose robust solutions.
• MxML Integration and Reporting: Utilize MxML Exchange to create and enhance interfaces for system integration, data import/export, and communication with upstream and downstream systems. Develop and maintain Datamart reports and custom extractions.
• Production Support and Troubleshooting: Provide expert‑level support for Murex Back Office modules. Troubleshoot and resolve complex production issues related to confirmations, settlements, payments, netting, fixing, and accounting.
• Upgrade and Enhancement Management: Assist in Murex upgrade projects by performing impact analysis, conducting upgrade‑related testing and reconciliation, and implementing new features.
• Regulatory and Compliance Expertise: Ensure all back‑office processes and configurations adhere to regulatory requirements, such as SWIFT formats (MT and ISO20022), OSP, and other market standards.
• User Training and Mentorship: Develop and conduct training sessions for back‑office users on Murex functionalities. Mentor junior analysts and team members.
• Test Management: Lead or assist in the preparation and execution of system integration testing (SIT) and user acceptance testing (UAT), including writing test cases and obtaining user sign‑offs.

Job Requirements

Required Skills and Qualifications

• Experience: 8+ years of hands‑on experience with Murex MX.3, specifically focusing on the Back Office and Operations streams.
• Functional Expertise: In‑depth knowledge of capital markets products, including FX, Money Markets (MM), Interest Rate Derivatives (IRD), Equities, and Fixed Income.
• Murex Modules: Strong practical knowledge of Murex Back Office modules, workflows (Contract, Event, Deliverable, Exchange), MxML Exchange, and Datamart.
• Technical Skills: Proficiency in SQL, Unix/Linux shell scripting, XML, and other relevant technologies for troubleshooting and development.
• Financial Market Concepts: A solid understanding of the front‑to‑back trade lifecycle, confirmation, settlement, and payment concepts.
• Communication: Excellent written and verbal communication skills with the ability to explain complex technical concepts to non‑technical stakeholders.
• Problem‑Solving: Strong analytical and problem‑solving abilities to identify the conditions that create errors and drive issue resolution.

Preferred Qualifications (Good to Have)

• Experience with Murex implementation.
• Knowledge of collateral activities, margin, and credit risk.
• Familiarity with Agile or DevOps methodologies.