Murex Business Analyst

  • Full-time

Company Description

System Canada resources have a broad range of skills in different technologies. The large skill-set has been made possible by a conscious focus on strengthening our skills base. Every person selected for our team brings something new, something that adds to our offerings. We learn continuously, both on the job and through formal training programs.

Job Description

The candidate needs to have about 5-8 years of experience and a right blend of skills required for end- end implementation of Murex – A complex package trading application.

 

He / she must demonstrate hands-on experience of developing MXML workflows, Front office configurations, Pricing, Adept analysis of Profit and Loss and risk metrics calculation (Greeks). Detailed understanding of various stages involved in Trade lifecycle is a mandatory requirement along with prior derivatives and capital markets experience gained by working within risk, trading or treasury functions of a large bank.

 

Good understanding of commodity derivatives market will be a selection criterian.

 

The candidate must have at least five years of experience in implementing Murex for leading Banks. The candidate should also have good experience in handling version upgrades e.g. (Murex Version 2.11 to v3.1) along with strong business analysis skills and good exposure to various asset classes in derivatives umbrella e.g. Commodity, Interest rate derivatives and Forex markets.

 

Candidate must possess good knowledge of front office configurations, static data and market data set up, development and debugging of Pre-trade and Post trade workflows, and in-depth knowledge of basic pricing for Futures, Forwards, Swaps and Options. He/ she should be able to perform cash flow analysis based on the pricing and of various financial products as well should be able to connect them with P&L and Accounting.

 

Working knowledge of regulatory requirements of Basel, FSA and Dodd Frank initiative for credit, market, operational or liquidity risk is required. The candidate must also demonstrate understanding of central clearing counterparty (CCP), Margin and Collateral calculations. Reporting knowledge is an asset on mapping requirements from users to establish downstream/Business/Regulatory reports.

  

At least 5-8 years of IT experience involving system implementation, reporting, product testing is required. The candidate must be able to write the business requirement document interfacing with users and create functional test cases. The job will also involve in creation and execution of regression test package, functional gap analysis and traceability matrix.

 

Database knowledge such as Oracle, Sybase and testing tools like Quick Test Professional (QTP) and HP Quality Centre (QC) would be an asset.

  

The candidate must have excellent communication skills and financial / risk expertise to conduct meetings with senior members of Trading desk, Back office, Group Treasury, Finance and Group Risk Management.

 

Consideration will be given to candidates with an appropriate combination of a Bachelor's degree in a quantitative discipline (finance, engineering) with significant experience in at least one end-end implementation.