Financial Services

Murex Consultants (FO Support / Risk BA)

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Our client are one of the most respected consultancies in the world and are key business service providers to the financial industry. They pride themselves on being at the forefront of the digitalisation drive and innovative thinking, as such they need capable consultants that are as passionate about client delivery and service as they are.

They are now seeking multiple consultants across the following disciplines:

  • Murex functional support
  • Murex specialist/ BA (Risk)

 

Posted On: Friday, 10th December 2021
Department: Murex
Location: Paris
Job Type:
Contract
Pay Rate: €500 - €600 per day / Permanent employee also considered
Duration: A.S.A.P - December 2022
Travel:

Job Description:

Our client are one of the most respected consultancies in the world and are key business service providers to the financial industry. They pride themselves on being at the forefront of the digitalisation drive and innovative thinking, as such they need capable consultants that are as passionate about client delivery and service as they are. They are looking for team leaders and members for support, development and application maintenance willing to bring pragmatic organization solutions, be involved in strategic and innovative projects while leveraging battle tested
methodologies.

They are now seeking multiple consultants

1. Murex functional support

2. Murex specialist/ BA

Our client's platform uses 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 London, Paris, New-York and Bangalore amongst other places.

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. Depending on your profile and competencies, you will join support or maintenance team, with a focus on functional or technical aspect of the implementation.

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.

As a Murex support, you will be part of a team comprising ten Murex specialists, for support and maintenance, on both functional and technical aspects, and covering the front to back evolutions of the trading platform.

Key responsibilities as the Murex support specialist will be to:

  • Monitor actively the application
  • Strong product knowledge (vanilla products),including valuation and sensitivities.

  • Strong understanding in Front-Office - fluent in pricing P&L/risk, curves management, bond quotation

  • Strong knowledge of Murex Front-Office tools on MX.III
    (Pricing, Simulation, Market Data, standard reports)

  • Good communication, interpersonal skills.

  • Good stakeholder management skills (contact with traders).

  • Provide assistance to end users for daily activities (Front-Office, Middle-Office and Risk Managers) and ensure continuous communication with them.
  • Resolve incidents (technical issues) in cooperation with other support teams on Murex platform
  • Manage technical problems (analysis, post-mortem, continuous improvement plans)
  • Manage releases (preparation, including Control-M or CFT configuration, test releases in pre-production environments, go-live assistance)
  • Manage environments (technical maintenance)
  • Provide obsolescence management (from identification to solutioning)
  • Technical architecture (work with developers to check technical solutions proposed for production)
  • Ensure efficient communication and cooperation with local support teams in London, NY, HK etc

As a Murex specialist, you will join an onshore / offshore team comprising, Murex BA and developers working on platform evolution, as well as technical and functional support consultants, intervening on the day-to-day maintenance of the platform.

As the BA / technical analyst your responsibilities will be to:

  • Provide consulting services throughout the application development and support life cycle.
  • Deliver enhancements requested by the business on the platform
  • Collate business requirements and manage priority with the Business stakeholders.
  • Write specifications and documentation.
  • Design IT solutions based on Murex tools (Datamart reports, MXML exchange workflow)
  • Implement solutions through Murex tools
  • Manage unitary tests, functional tests, integration and non-regression tests.
  • Prepare changes for the go-live
  • Support end users in the validation and usage of existing and new features. 
  • Provide L3 support.
  • Work with developers to deliver solutions to complex Production problems and deliver new features to business.
  • Provide assistance to end users on complex topics.
  • Write and update documentation covering features of Murex and its ecosystem.
  • Share knowledge and coach newcomers, leverage his expertise through a continuous training program.

Expected experience and knowledge:

  • Experience on Murex MX.III software and knowledge in at least one of the following modules: MxML, datamart, VAR, Simulation Views, live book, technical deployment
  • At least 4 years of relevant experience.
  • You have a good understanding of Market Risk
  • You have a solid understanding of Capital Market activities and similar experience in client site
  • You have a solid understanding of financial products, specifically Credit Derivatives, Fixed income, Repos and Interest Rate Derivatives.
  • You have a hand-on attitude
  • You have excellent communication and interpersonal skills.
  • A client orientation is a must.
  • You have a strong sense of cross group collaborative work and team spirit.
  • You are fluent in English.
  • If you are fluent in French is a bonus

 

Reasons to apply:
 
  • A work culture focused on innovation and creating lasting value for our clients and employees
  • Ongoing learning opportunities to help you acquire new skills or deepen existing expertise
  • A flat, non-hierarchical structure that will enable you to work with senior partners and directly with clients
  • A diverse and inclusive working culture 
 

 

Preferred Skills: