Murex Functional Consultant

Luxoft; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Luxoft in Singapore is seeking an experienced Murex Functional Consultant to support Murex implementations or changes. You will define, configure, validate, and support functional solutions across Front Office, Middle Office, and Back Office, collaborating with business stakeholders and BA teams.

The role requires strong hands-on Murex expertise, understanding of financial products and trade lifecycles, and the ability to work with developers and support teams to deliver high-quality solutions.

Qualifications

• Proven experience as a Murex Functional Consultant on implementation projects.
• Strong hands-on Murex knowledge and functional configuration.
• Ability to translate business requirements into Murex solutions.
• Experience across Front Office, Middle Office, or Back Office.
• Strong communication with technical and business stakeholders.

Responsibilities

• Define functional design and solution definitions for Murex projects.
• Analyze requirements and translate into functional Murex configurations.
• Define target state processes and document functional designs.
• Identify gaps, workarounds, and configuration options.
• Perform or support hands-on Murex configuration and maintenance.
• Support testing, UAT, and go-live activities.

Skills

Murex expertise

Hands-on configuration

Functional consultant

Front Office

SQL

Stakeholder communication

Tools

MxML

Job description

Project description

We are seeking an experienced Murex Functional Consultant / Specialist to support a Murex implementation or change project. The successful candidate will be responsible for defining, configuring, validating, and supporting functional solutions within Murex across Front Office, Middle Office, and/or Back Office areas, depending on project scope. The role requires strong hands-on Murex expertise, a solid understanding of financial products and trade lifecycle processes, and the ability to work closely with business stakeholders, BA teams, developers, and support teams to deliver high-quality solutions.

Responsibilities

• Functional Design and Solution Definition
• Analyze business requirements and translate them into functional Murex solutions.
• Define target-state processes and functional designs for Murex implementation or change activities.
• Identify standard configuration options, gaps, dependencies, and potential workarounds.
• Recommend functional solutions aligned with business, risk, control, and technical constraints.Hands-on Murex Configuration
• Perform or support hands-on configuration in Murex.
• Configure and maintain relevant Murex components, which may include: o product setup o workflow o event generation o pricing parameters o market data setup o settlement and payment logic o accounting mappings o reporting and messaging configurations
• Ensure configuration changes are properly documented, tested, and controlled.
• Support environment migration and deployment activities where required.
• Product and Trade Lifecycle Support
• Support end-to-end trade lifecycle processes within Murex.
• Validate product behavior across booking, valuation, lifecycle events, settlement, and reporting.
• Troubleshoot issues related to pricing, risk, settlements, confirmations, accounting, or reporting.
• Work with business teams to ensure configured functionality meets desk and operational requirements
• Testing and Validation
• Define functional test scenarios, expected results, and acceptance criteria.
• Support unit testing, system testing, integration testing, regression testing, and UAT.
• Investigate defects, perform root-cause analysis, and support retesting.
• Validate that configured functionality works as intended in all relevant scenarios
• Stakeholder and Delivery Support
• Work closely with business users, BAs, developers, testers, and project managers.
• Support issue resolution, design reviews, and implementation planning.
• Communicate functional risks, limitations, and dependencies clearly.
• Contribute to cutover, go-live, and hypercare support
• Production and Hypercare Support
• Support production issue investigation and resolution.
• Analyze configuration-related incidents and propose fixes or workarounds.
• Provide post-go-live support and assist with stabilization activities.
• Help ensure operational continuity and functional integrity of the platform.
• Documentation
• Produce and maintain functional design documents, configuration notes, test scripts, and support documentation.
• Ensure traceability from business requirements to functional design, configuration, testing, and deployment.
• Maintain accurate records of configuration decisions, assumptions, and known limitations.

SKILLS

Must have

• Proven experience as a Murex Functional Consultant / Specialist on implementation or change projects.
• Strong hands-on knowledge of Murex and its functional configuration.
• Experience working across one or more of the following areas: o Front Office o Middle Office o Back Office o Risk o Market Data o P&Lo Settlements / Confirmations / Accounting
• Strong understanding of financial markets products and trade lifecycle processes.
• Ability to translate business requirements into practical Murex solutions.
• Experience in testing, issue analysis, and defect resolution.
• Strong communication skills and the ability to work with both technical and business stakeholders.

Nice to have

• Experience with Murex modules or areas such as: o trade capture and product definitions o pricing and valuation o risk sensitivities and analytics o settlement and payment processing o confirmation workflows o accounting interfaces o static data and market data o reporting and messaging
• Knowledge of derivatives, rates, FX, credit, fixed income, equities, or commodities.
• Experience with MxML, workflow, or other Murex functional components.
• Understanding of interfaces, downstream systems, and data flows.
• SQL or data analysis skills.
• Experience working in large financial institutions or complex transformation programs.