About this role
Murex BO Business Analyst
Murex BO Business Analyst
Project description We are seeking an experienced Murex Functional Consultant / Specialist to support a Murex implementation or change project. The successful candidate will be responsible for defining, configuring, validating, and supporting functional solutions within Murex across Back Office area. The role requires strong hands-on Murex expertise, a solid understanding of financial products and trade lifecycle processes, and the ability to work closely with business stakeholders, BA teams, developers, and support teams to deliver high-quality solutions.
Responsibilities
Functional Design and Solution Definition:
- Analyze business requirements and translate them into functional Murex solutions.
- Define target-state processes and functional designs for Murex implementation or change activities.
- Identify standard configuration options, gaps, dependencies, and potential workarounds.
- Recommend functional solutions aligned with business, risk, control, and technical constraints.
Hands-on Murex Configuration:
- Perform or support hands-on configuration in Murex. Configure and maintain relevant Murex components, which may include:
- product setup
- workflows
- event generation
- pricing parameters
- market data setup
- settlement and payment logic
- accounting mappings
- reporting and messaging configurations
- Ensure configuration changes are properly documented, tested, and controlled.
- Support environment migration and deployment activities where required.
Product and Trade Lifecycle Support:
- Support end-to-end trade lifecycle processes within Murex.
- Validate product behavior across booking, valuation, lifecycle events, settlement, and reporting.
- Troubleshoot issues related to pricing, risk, settlements, confirmations, accounting, or reporting.
- Work with business teams to ensure configured functionality meets desk and operational requirements.
Testing and Validation:
- Define functional test scenarios, expected results, and acceptance criteria.
- Support unit testing, system testing, integration testing, regression testing, and UAT.
- Investigate defects, perform root-cause analysis, and support retesting.
- Validate that configured functionality works as intended in all relevant scenarios.
Stakeholder and Delivery Support:
- Work closely with business users, BAs, developers, testers, and project managers.
- Support issue resolution, design reviews, and implementation planning.
- Communicate functional risks, limitations, and dependencies clearly.
- Contribute to cutover, go-live, and hypercare support.
- Production and Hypercare Support
- Support production issue investigation and resolution.
- Analyze configuration-related incidents and propose fixes or workarounds.
- Provide post-go-live support and assist with stabilization activities.
- Help ensure operational continuity and functional integrity of the platform.
Documentation:
- Produce and maintain functional design documents, configuration notes, test scripts, and support documentation.
- Ensure traceability from business requirements to functional design, configuration, testing, and deployment.
- Maintain accurate records of configuration decisions, assumptions, and known limitations.
Skills
-
Must have
-
Bachelor’s degree in Finance, Economics, Business, Computer Science, or a related discipline, or equivalent practical experience.
-
6-7+ years of relevant working experience
-
Proven experience as a Murex Back Office Functional Consultant / Specialist on implementation or change projects.
-
Strong hands-on knowledge of Murex and its functional configuration.
-
Strong understanding of financial markets products and trade lifecycle processes.
-
Ability to translate business requirements into practical Murex solutions.
-
Experience in testing, issue analysis, and defect resolution.
-
Strong communication skills and the ability to work with both technical and business stakeholders.
-
Nice to have
-
Murex MxML
-
Other
-
Languages
-
English: C1 Advanced
-
Seniority
-
Regular
-
Location: Chennai, India
-
Req. VR-125650