Financial Services

Murex Risk Business Analyst

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Our client are an award winning IT consultancy based in the beautiful city of Paris. They now have an opportunity for a skilled Murex Business Analyst to join them. 

Posted On: Monday, 30th July 2018
Category: Risk Management
Department: Murex
Location: France
Job Type:
Pay Rate: Contract €580- €680 per day Full time €80,000 pa
Duration: Contract or Permanent

Job Description:

Our client are a global business and technology consultancy dedicated solely to the financial services industry with more than 3000 consultants across 21 offices in Europe, North America and Asia.

They are looking for team leaders and members for support and application maintenance willing to bring pragmatic organization solutions, be involved in strategic and innovative projects while leveraging battle tested methodologies.

Project context:

Their banking client’s main platform is using Murex V3 solution for its Front Office fix income and credit derivative activity and Murex V2 for Credit Derivative Back Office. The trading is ensured 24/24 from Asia to US, with teams deployed in Tokyo, Hong-Kong, Singapore, London, Paris, New-York and Bangalore.

Murex is the key element to ensure real-time control of PnL and sensitivities, produce EOD Risk indicators, feed the Back office systems, and generate confirmations, accounting and regulatory reporting on credit derivatives perimeter. As part of the team maintaining this central piece of IT architecture, you will deal with a scope particularly wide and rich in terms of functional coverage, Murex modules implemented and interlocutors you will have to interact with.

You will be a part of Murex Credit Business Analysts team with focus on Risk therefore your main task will be to provide consulting services throughout the application development life cycle (requirements gathering, specification preparation, development, unit testing, integration testing, UAT).

You will also provide L3 support by assisting end users and your colleagues in L1/L2 support teams on complex topics.

Responsibilities :

  • Working within a business analyst’s team that delivers IT projects and support for Credit Derivatives and Fixed Income business lines
  • Provide Business Analysis, both technical and functional 
  • Work with developers to deliver solutions to Production problems and deliver new features to business.
  • Provide consulting services throughout the application development and support life cycle.
  • Involved in technical and functional projects related to Risk (including maintenance and evolutions of Curves configuration and EOD extractions for PnL, VAR, Stress, sensi, PLVar …)
  • Requirements writing and functional documentation.
  • Syndication of the requirements with the end users.
  • Customers relationship managements
  • Coordination with development teams
  • Testing management and testing campaigns (executions and coordination)
  • Write and update documentation covering functional aspects of/around the Murex platforms and business processes.
  • Share knowledge and coach newcomers, leverage his expertise through a continuous training program.
  • Provide 2nd and 3rd level of support on Murex v2 and v3.
  • Project management for small and medium size projects
  • Maintain accurate reporting (cost and delays) on on-going projects

Expected experience and knowledge :

  • Strong understanding of financial markets, specifically Credit Derivatives, Fixed income, Repos and Interest Rate Derivatives.
  • Strong understanding in Risk management.
  • Good knowledge of Murex Front-Office tools on MxG2000 v2.11 (Pricing, Simulation, Market Data, standard reports, VaR, PL Variance tool).
  • Expert in Murex Front-Office and Risk modules on MX.III (Pricing, simulation, Market Data, PL VAR, standard reports).
  • Good communication, interpersonal skills.
  • Strong stakeholder management skills (contact with traders).
  • Minimum of 5 years of relevant experience.
  • Past experience with offshore is a plus.
  • Fluent in English.

Additional information:

  • This role is based full time in Paris
  • Our client are offering the role to either a contractor or permanent employee

Preferred Skills: