Murex Technical Business Analyst

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

Summary:

A Murex (Derivatives Risk and Pricing Software) expert with detailed Derivatives knowledge to support the Rates Trading desks for existing business and work on strategic initiatives to build the business.

Major Responsibilities:

• Level 3 support of Murex
• Ability to trouble shoot the Murex system for issues with the quantitative models utilizing computational finance software skills
• Ability to 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
• Analysis and implementation of new Murex functionality and new 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:

Requirements:

• 5 to 10 years working with Murex implementations and trade floor support
• 5 to 10 years Murex configuration and development skills
• Quantitative knowledge of pricing and risk management models
• Ability to implement computational finance systems
• Strong SDLC and testing skills in support of RAD development
• Possess effective communication and presentation skills to engage with stakeholders of various levels and functional groups (Traders, Quants, Middle Office)
• Ability to multitask and troubleshoot complex issues in a high-pressure trading environment