Business Analyst

Business Analyst

Direct message the job poster from Galent

Work Model: Onsite, everyday

Job Description / Responsibilities

Job Title: Murex Business Analyst – Front to Back

Role Overview

We are seeking an experienced Murex Business Analyst to lead requirements, design, and delivery across the full front‑to‑back trade lifecycle on Murex. The role spans Trade Entry, Middle Office, Back Office, Accounting, Reporting, Risk (incl. MLC & VaR), Custody, and Collateral Management, covering products such as FX, Fixed Income, Derivatives, MBS, and structured transactions including Swaps and Repos. You will collaborate with business, operations, risk, finance, and technology teams, and own integrations with upstream/downstream systems.

Key Responsibilities

Front Office / Trade Entry

• Gather and document front office requirements for pricing, booking workflows, trade capture templates, and validations.
• Configure/coordinate Murex Front Office (FO) workflows, trade event lifecycles, and market data usage.
• Ensure support for FX, Fixed Income, Derivatives, MBS, Swaps, and Repos including deal attributes, calendars, pay/receive legs, and day‑count conventions.

Middle Office

• Design STP workflows, exception handling, repair queues, and enrichment rules.
• Define confirmations, settlement instructions, and matching (incl. electronic confirms if applicable).
• Implement lifecycle events (amend, cancel, partials, novations), limits checks, and P&L/PAA attribution where relevant.

Back Office

• Specify settlement, payments, cash flows, and Nostro/Vostro processing.
• Align cut‑offs, netting, batching, and corporate actions for Fixed Income/MBS.
• Define controls for reconciliations and EoD processes; support operational playbooks.

Accounting

• Map products/events to accounting rules and chart of accounts; align with IFRS/GAAP policies.
• Translate trade lifecycle events into postings, validate glossaries and accounting schemes, and support month‑end close.
• Interface with Workday for HR/cost center impacts (if applicable) and general ledger integrations.

Reporting

• Design regulatory, management, and operational reports: positions, P&L, sensitivities, cash ladders, settlements, and exception dashboards.
• Define data lineage, timeliness/accuracy SLAs, and BI extracts; enable auditability for controls.
• Set up Market Limits Control (MLC) frameworks: limit hierarchies, breach workflows, alerts, and approvals.
• Define VaR methodologies (historical/variance‑covariance/Monte Carlo), horizons, confidence levels, and back‑testing; coordinate market data (curves, vol surfaces, CDS spreads) and model governance.
• Align with risk appetite statements, stress testing, and scenario analysis.

Custody

• Specify interfaces and workflows for securities custody, asset servicing, settlement status, and position reconciliations.
• Define SWIFT/custodian messaging, confirmations, fails management, and corporate actions processing.
• Implement margining (VM/IM), eligibility schedules, haircuts, thresholds, and disputes management.
• Configure collateral calls, settlement, rehypothecation rules, and integration with legal agreements (CSA/GMSLA).
• Align collateral optimization across liquidity and funding constraints.

Integrations & Interfaces (Upstream/Downstream)

• State Street: Design inbound FX trade feeds, market/price data ingestion, and booking validations.
• Treasury: Define bi‑directional messaging for deal capture, settlements, status updates, and reconciliations.
• Workday: Map organizational hierarchies/cost centers impacting accounting/reporting; align HR changes with entitlements.
• SharePoint: Design document repositories for trade confirms, SOPs, and governance artifacts with appropriate access controls.
• Jenkins: Coordinate CI/CD for configuration packages, automated deployments, and environment management.
• Define message formats (XML/CSV/JSON), frequency, error handling, retry logic, and reconciliation controls; maintain interface specifications and versioning.

Delivery, Testing & Governance

• Create BRDs/FRDs, configuration matrices, and traceability; run RAID logs and program governance.
• Lead E2E testing: SIT, UAT, regression, and parallel runs; establish test data strategies
• Drive change management: training, cutover, migration, and post‑go‑live stabilization.

Top 3 Skills Required

• Strong functional expertise in Murex across Front Office, Middle Office, Back Office
• Proven experience in designing technical components within the Murex ecosystem and establishing foundational business analysis for seamless developer implementation
• Deep understanding of Capital Markets domain

Additional Information

• Assess and document the current Murex implementation
• Define and maintain a comprehensive product backlog
• Upon completion of the initial contract period, an extension may be considered based on the finalized project pipeline.

Seniority Level

• Associate

Employment Type

• Contract

Job Function

• Business Development
• Technology, Information and Internet

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