Murex Specialist (Back Office)

FirstRand Bank Limited; Sandton; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

FirstRand Bank Limited is seeking a Murex Specialist to own the full trade lifecycle from pricing to settlement and assess impacts on Market Risk, Finance, and Credit Risk. The role emphasizes continuous Murex platform development, enhancing current functionality, and delivering solutions for new business needs.

Ideal candidates will have a Computer Science/Engineering background, 3+ years in financial markets systems, and hands-on Murex/MX TEST experience.

Qualifications

• Bachelor’s degree in CS, math, engineering or related field.
• ACI Dealing Certificate advantageous.
• 3+ years in implementing/supporting Financial Markets systems and interfaces.
• Experience with Murex platform and MX TEST preferred.

Responsibilities

• Analyze and implement solutions across the trade lifecycle from pricing to settlement.
• Collaborate with traders and stakeholders to gather requirements and propose improvements.
• Configure/Develop Murex platform modules to meet business needs.
• Support risk, PnL and pricing analytics; assist with workflows and reporting.
• Prepare training materials and provide end-user training as needed.
• Coordinate testing to ensure solutions meet specifications.
• Engage with vendors and internal teams to resolve incidents and deliver changes.

Skills

Murex

MX TEST

Capital Markets

Derivatives

Agile Scrum

P&L Analysis

Pricing Template

Education

Bachelor’s degree in Computer Science, Mathematics, Engineering or related discipline

Tools

Murex

MX TEST

Job description

The Murex Specialist is responsible for understanding the full lifecycle of a trade from Pricing to Settlement and the impact on Market Risk, Finance, Credit Risk and Collateral. Continuous development of Murex Platform is done by enhancing current functionality and building out for new business requirements.

Key Responsibilities

• Analysis and solution development
• Analyse existing processes and facilitate improvements with stakeholders.
• Work with traders and other stakeholders to gather and document requirements.
• Conduct impact analysis, understand trader's pain points and propose solutions.
• Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.
• Configure/Develop Solutions in the Murex Platform to meet business needs.
• Participate in analytical queries such as Risk, PnL and Pricing as well as technical queries linked to Workflows, Integrations and Reporting Service Excellence.
• Compile training material and provide end-user training to stakeholders where relevant.
• Collaborate with internal technical team/users in the resolution of critical production incidents.
• Collaborate with Murex Vendor on suitable short- and long-term solutions for incidents and new requirements.
• Suggest changes in executing work processes to better drive value and benefits for the business.
• Effective stakeholder relationship management.
• Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes.
• Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders’ requirements are delivered.
• Build relationships despite arising conflicting views and seeks mutual gains when addressing conflicts.
• Anticipates consequences and adapts problem solving based on continuous feedback.
• Self-management and teamwork.
• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standards.
• Stay relevant and up to date with legislations and new development.
• Take ownership of personal career development, leveraging formal and informal opportunities.
• Act in an ethical, transparent and morally defensible manner.
• Adapt communication styles to meet the needs of different audiences.
• Continually share, debate and communicate learning’s, also flag and debate issues constructively to ensure the best outcome for business stakeholders and ultimately the bank.
• Contribute to a friendly, co-operative climate in working with others to achieve collective goals.

You will be an ideal candidate if you have the following

• Bachelor’s degree in Computer Science, Mathematics, Engineering or related discipline is required.
• ACI Dealing Certificate advantageous.
• Strong functional knowledge of: The Capital Markets Products and Business environment Trade life cycle and financial markets asset classes like Derivatives, Interest Rate, Money Market, Fixed Income; Agile Scrum project execution process Murex system modules - Front Office Configuration / Modules, Sensitivity, Risk issues, P&L Analysis, Pre-Trade Rule and Pricing Template setup.
• At least 3 years of experience in implementing and supporting Financial Markets systems and their interfaces between systems.
• Experience in Murex and/or MX TEST.

Important Closing Date Note: Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 19/10/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services. The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.