Market Risk Analyst

Communicate Recruitment; Johannesburg; Hybrid; ZAR 900,000 - 1,400,000; Full time

Job summary

Communicate Recruitment in Johannesburg is seeking a skilled Murex Specialist to lead the full trade lifecycle optimization on our world-class platform. You will configure, test, and implement advanced Murex solutions across Capital Markets, Banking and Treasury.

The role requires 3+ years of hands-on experience with Murex/MX TEST, strong understanding of derivatives and risk, and the ability to partner with traders and vendors to deliver reliable production enhancements.

Qualifications

• Bachelor’s degree in a quantitative discipline with exposure to financial markets.
• Hands-on Murex implementation, configuration, and support experience.
• MX TEST knowledge and derivates market understanding are highly valued.

Responsibilities

• Gather requirements from traders and configure bespoke Murex solutions (Risk, P&L, Pricing, Workflows).
• Coordinate testing phases, including MX TEST, to validate functional specs.
• Partner with internal tech teams and Murex vendor to resolve incidents and deploy enhancements.
• Build strong relationships across business units to manage delivery expectations.

Skills

Murex

MX TEST

Capital Markets knowledge

Trade lifecycle

Education

Bachelor’s degree in Computer Science, Mathematics, Engineering

ACI Dealing Certificate

Job description

Are you ready to own the full trade lifecycle on a world-class trading platform?

Job Title: Murex Specialist

Location: Johannesburg, Hybrid

We are seeking a high-caliber Murex Specialist to champion the continuous development, optimization, and evolution of our Murex Platform across Capital Markets, Banking, and Treasury business units.

If you are a problem-solver who thrives at the intersection of complex financial products and advanced financial systems engineering, this is your next career-defining move.

Key Responsibilities

• Analysis & Solution Development: Gather requirements directly from traders, conduct impact analyses, and configure bespoke solutions within the Murex platform covering Risk, PnL, Pricing, and Workflows.
• Testing & Implementation: Coordinate and lead comprehensive testing phases (including MX TEST) to ensure delivered solutions match exact functional specifications.
• Service Excellence: Partner with internal technical teams and the Murex vendor to rapidly resolve critical production incidents and deploy long-term platform enhancements.
• Stakeholder Management: Build strong collaborative relationships across business units, successfully managing delivery expectations and navigating complex requirements.

What You Bring

• Education: Bachelor’s degree in Computer Science, Mathematics, Engineering, or a related quantitative discipline. An ACI Dealing Certificate is a strong plus.
• Experience: Minimum of 3 years of hands-on experience implementing, configuring, and supporting Financial Markets systems, with specialized expertise in Murex and/or MX TEST.
• Functional Expertise: Deep understanding of Capital Markets products and the complete trade lifecycle across Derivatives, Interest Rates, Money Markets, and Fixed Income.
• Technical Mastery: Proven proficiency across core Murex modules, including Front Office Configuration, Sensitivities, Risk, P&L Analysis, Pre-Trade Rules, and Pricing Template setup.