Murex Business Analyst
Job Title: Murex Business Analyst
Job Type: Contract Long-term
Job Location: New York, New York ( Hybrid- 3 days onsite)
A global investment bank is seeking a Murex Business Analyst to join their New York office. The Murex Business Analyst must have a strong background with derivatives and financial markets (not limited to commodities). The Murex Business Analyst will interact with with users, understand requirements, and model these in Murex, with assistance from the team in London.
Summary of Position:
Join the New Product Onboarding team within the bank, provide the business (Commodities Markets) with flexible, scalable and tailored solutions to onboard new Commodities underlyings. Front to back implementation including post trade workflows. Murex will be the source system for Oil, Precious Metals, Base Metals, US Power and Gas (Financials and Physicals US), additionally we are looking to buildout the carbon business capabilities in Murex. Work in close proximity with teams in Paris and Porto to ensure core processes are leveraged. The team contributes in designing and implementing a resilient, efficient and scalable Information System for CM, in close cooperation with other relevant IT, business and operational teams in London and worldwide. As part of the CM IT department, the team follows its governance.
Essential Duties and Responsibilities:
Provide the business with software applications:
Make recommendations regarding booking models, product onboarding and modelling into Murex
Analysis, problem solving and escalation
Work closely with CM Quants, MOA, MOE and other relevant teams
Carry out training and skills assessments at regular intervals for peers
Follow the branch compliance rules Propose new projects to the business, take lead of dev prox topic, covering notably:
Innovative solutions
New business, activities and products
Opportunities for efficiency improvements
Operational risk reduction Reporting : Timely progress updates to direct management as deemed necessary
Skills and knowledge required:
Personal skills: o Strong interest in the global markets business
o Fast learner and proactive approach
o Good communication skills (business oriented o and technical oriented)
Ability to work in a demanding environment with strong business exposure
Face off to senior stakeholders in Front Office and control functions Market Risk, Credit Risk, Operations etc.
Experience within Financial Markets, Commodities experience preferred e.g. oil, nat gas, power
Good understanding of derivatives and various instruments both listed and OTC Past experience of onboarding commodities products in Murex, especially Gas and Power UK, EU and/or US financial and physicals
Requirements:
Strong understanding of trade lifecycle of the physical settling trades
Strong experience working with Murex as a BA
Ability to navigate through Murex, booking models and setting up new products
Good understanding of the Murex architecture to be able to propose interim and strategic solutions
Good understanding of Curve setup and static data setup in MXG
Good understanding of risk and valuations within Murex