Company Description
Varrlyn is a consulting firm which was founded in 2010 and is based in The Netherlands. We help financial institutions with system implementations and provide some serious application support, concentrating on the way they process transactions and deploy reporting applications.
Varrlyn has a proven track record: we have worked for financial institutions in Amsterdam, Brussels, London, Paris, New York, Frankfurt, and Sydney. We help improve cost efficiency, simplify application architecture, optimize time to market, enhance straight-through processing, and ensure compliance with financial regulations. In other words: You do the deal, we’ll do the project.
Job Description
We are seeking a highly skilled and experienced Murex Front Office Business Analyst/Configurator for our client. The successful candidate will support changes and enhancements within the Front Office domain, ensuring efficient trade execution, pricing, and risk management. This role requires deep expertise in Murex, front office operations, and strong analytical and configuration skills.
Key Responsibilities:
1. Murex Configuration and Support:
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Configure and maintain Murex for front office functionalities.
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Implement and support changes related to trade execution, pricing, and risk management requirements.
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Ensure the system is optimized for performance and stability.
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Participate in production support rotation for second and third line support providing functional and technical expertise to the support team, picking up incidents during or outside of business hours.
2. Regulatory Compliance:
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Support the implementation of regulatory changes affecting front office operations.
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Ensure all configurations and processes comply with financial regulatory standards.
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Collaborate with compliance teams to address regulatory requirements.
3. Business Analysis:
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Refine business requirements from front office stakeholders.
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Translate business requirements into functional specifications for Murex.
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Conduct gap analysis and feasibility studies for new initiatives.
4. Testing and Validation:
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Develop and execute test plans to ensure changes meet business requirements.
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Perform system testing, integration testing, and user acceptance testing (UAT).
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Identify and resolve defects during the testing phase.
5. Stakeholder Management:
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Work closely with front office, IT teams, and external vendors.
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Provide training and support to end-users.
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Manage communication and expectations with stakeholders.
6. Continuous Improvement:
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Identify opportunities for process improvement and optimization.
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Stay updated with the latest developments in Murex and front office operations.
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Propose and implement innovative solutions to enhance system capabilities.
Qualifications
Technical Expertise:
1. Murex System Knowledge:
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Deep understanding of the Murex platform, with a focus on its architecture and front office modules.
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Extensive experience in configuring and customizing Murex for front office functionalities.
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Proficiency in Murex MxML workflows, data mapping, and scripting to automate processes and integrations.
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Experience with analysis of discrepancies in positions using tools like Livebook, simulation, and warehouse data.
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Experience with enhancing the Murex platform with the following capabilities:
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Curve Configuration: Configure pricing curves and hedge curves.
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Pre-Trade Workflows: Design and optimize workflows before trade execution.
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Datamart Reporting: Utilize datamart for accurate reporting.
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Simulation Views: Create and analyse simulation views.
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Pricing Templates: Develop and maintain pricing templates.
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Generators / Indexes / Archiving Groups: Manage these critical components.
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EOD (End-of-Day) / GOM (Global Operations Manager): Basic knowledge of these processes.
2. Front Office Operations
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Hands-on experience with Murex front office modules, including trade execution, pricing, and risk management.
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Ability to configure pricing models, trade capture, order management, and risk analysis tools.
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Experience in managing real-time data feeds, market data integration, and trade lifecycle events.
3. Regulatory Compliance:
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Detailed knowledge of regulatory requirements affecting front office operations.
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Ability to implement regulatory changes within Murex, ensuring compliance with global and regional financial regulations.
4. Performance Optimization:
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Proficiency in optimizing Murex performance for large-scale data processing and real-time trade execution.
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Experience in troubleshooting performance issues and implementing best practices for efficient system operation.
5. Integration and Automation:
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Skills in integrating Murex with other financial systems and data sources, ensuring seamless data flow and process automation.
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Proficiency in using MxML Exchange, Datamart, and other Murex tools to create reports and dashboards for front office operations.
Communication and Interpersonal Skills:
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Excellent verbal and written communication skills.
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Ability to work collaboratively with cross-functional teams.
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Strong stakeholder management and negotiation skills.
Educational Background:
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Bachelor’s degree in Finance, Business Administration, Computer Science, or a related field.
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Relevant certifications in Murex, finance, or project management are a plus.
Preferred Qualifications:
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Experience with other front office and trading systems and tools.
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Prior experience working in a financial services or banking environment.
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Knowledge of additional regulatory requirements impacting front office operations.
Additional Information
Unsolicited recruitment inquiries regarding this vacancy are not appreciated.
