Murex Derivatives Specialist & Systems Lead

Phaxis; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

Phaxis is seeking a Murex expert to support Rates Trading desks in New York. The role focuses on derivatives risk, pricing, and strategic initiatives to grow the business.

You will perform Level 3 Murex support, troubleshoot complex model issues, and explain P&L on derivative positions using first and second order sensitivities.

The ideal candidate has 5–10 years Murex experience, strong communication with traders and quants, and a proven track record in RAD development and process improvements.

Qualifications

• 5–10 years Murex implementations and trade floor support.
• 5–10 years Murex configuration and development.
• Quantitative knowledge of pricing and risk management models.
• Ability to implement computational finance systems.
• Strong SDLC and testing skills in support of RAD development.
• Effective communication and presentation with Traders, Quants, and Middle Office.
• Ability to multitask and troubleshoot complex issues in a high-pressure trading environment.

Responsibilities

• Level 3 support of Murex.
• Troubleshoot Murex system for issues with quantitative models.
• Explain P&L on complex derivative positions via first and second order sensitivities.
• Level 3 support of the Derivatives systems in support of the trading desk.
• Analyze and implement new Murex functionality and product enablement initiatives, leading the FO aspect and coordinating with other supporting functions.
• Identify and drive process improvements through Murex expertise, and influence evolution of Murex product.

Skills

Communication

Stakeholder engagement

Quantitative modeling

Pricing knowledge

Tools

Murex

Job description

Phaxis is seeking a Murex expert to support Rates Trading desks in New York. The role focuses on derivatives risk, pricing, and strategic initiatives to grow the business.

You will perform Level 3 Murex support, troubleshoot complex model issues, and explain P&L on derivative positions using first and second order sensitivities.

The ideal candidate has 5–10 years Murex experience, strong communication with traders and quants, and a proven track record in RAD development and process improvements.