Murex Specialist (Market Risk)

FirstRand; Johannesburg; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

FirstRand Limited is seeking a Murex Specialist to manage the full trade lifecycle, from pricing to settlement, and to drive platform enhancements for new business requirements. You will work across Markets, Banking and Treasury, collaborating with traders to gather requirements and document processes.

Responsibilities include configuring Murex, coordinating tests, and delivering end-user training. The role requires strong market knowledge, agile experience, and the ability to resolve production

Qualifications

• 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 such as derivatives, interest rate, money market and fixed income.
• At least 3 years of experience implementing and supporting Financial Markets systems.

Responsibilities

• Analyse and solution development across the full trade lifecycle.
• Collaborate with traders and stakeholders to gather and document requirements.
• Configure/Develop Murex platform to meet business needs.
• Coordinate and participate in testing to ensure solutions meet requirements.
• Provide end-user training and training material for stakeholders.
• Collaborate with internal teams to resolve critical production incidents.
• Work with Murex vendor on incidents and long-term enhancements.
• Build and maintain strong stakeholder relationships and manage expectations.

Skills

Murex knowledge

P&L Analysis

Trade life cycle

Stakeholder management

Agile Scrum

Education

Bachelors degree in CS/Math/Engineering

ACI Dealing Certificate

Tools

Murex MX

Job description

Job DescriptionThe 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.The role performs across the Markets, Banking and Treasury Business Units.Are you someone who can do the following:Analysis and solution developmentAnalyse existing processes and facilitate improvements with stakeholders.Work with traders and other stakeholders to gather and document requirementsConduct impact analysis, understand trader's pain points and propose solutionsCoordinate 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 needsParticipate in analytical queries such as Risk, PnL and Pricing as well as technical queries linked to Workflows, Integrations and ReportingService ExcellenceCompile training material and provide end-user training to stakeholders where relevant.Collaborate with internal technical team/users in the resolution of critical production incidentsCollaborate with Murex Vendor on suitable short- and long-term solutions for incidents and new requirementsSuggest changes in executing work processes to better drive value and benefits for the business.Effective stakeholder relationship managementBuild 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 deliveredBuild relationships despite arising conflicting views and seeks mutual gains when addressing conflictsAnticipates consequences and adapts problem solving based on continuous feedbackSelf-management and teamworkPlan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standardsStay relevant and up to date with legislations and new developmentTake ownership of personal career development, leveraging formal and informal opportunitiesAct in an ethical, transparent and morally defensible mannerAdapt communication styles to meet the needs of different audiencesContinually share, debate and communicate learning’s, also flag and debate issues constructively to ensure the best outcome for business stakeholders and altimately the bankContribute to a friendly, co-operative climate in working with others to achieve collective goalsYou will be an ideal candidate if you have the following:Bachelor’s degree in Computer Science, Mathematics, Engineering or related discipline is requiredACI Dealing Certificate advantageousStrong functional knowledge of:The Capital Markets Products and Business environmentTrade life cycle and financial markets asset classes like Derivatives, Interest Rate, Money Market, Fixed Income;Agile Scrum project execution processMurex system modules - Front Office Configuration / Modules, Sensitivity, Risk issues, P&L Analysis, Pre-Trade Rule and Pricing Template setupExperience:At least 3 years of experience in implementing and supporting Financial Markets systems and their interfaces between systemsExperience in Murex and/or MX TEST#Post#RMB#LI-ZM1Important Closing Date NoteTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.12/11/26All 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.