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The Murex FO will be part of the GM IT FO Squad responsible for providing IT services to the Global Markets team. This squad focuses on support, change requests, and projects related to Global Markets. The key responsibilities include providing level 1 and level 2 trading floor support to traders and control groups.
Responsibilities:
- Support traders and middle office users on daily issues such as PL/position mismatches, market data, and market operations.
- Configure curves and static data in Murex, including rate hedge, securities, indices, and user groups.
- Write pre-trade rules and create or amend lookup tables and simulations.
- Participate in patch and version upgrades testing, reconciling PL issues while avoiding regressions.
- Report progress on issues to managers and stakeholders.
- Assist in developing business and operational processes and create training materials if needed.
- Gather, analyze, and document business requirements for Structured Products and Exotic Derivatives across multiple asset classes.
- Lead Murex payoff activation and implementation activities for complex structured products.
- Coordinate with Front Office traders and various teams to ensure accurate product configuration and lifecycle management.
- Act as the primary liaison between the bank and external vendors.
- Analyze product pricing requirements and collaborate with Quant teams for validation.
- Manage end-to-end testing for structured products, including trade booking, pricing validation, and regulatory reporting.
- Support model and payoff validation exercises.
Mandatory Skills:
- 8-15 years of total work experience, including 5-10 years with Murex FO.
- Extensive experience in setting up and validating interest rate curves.
- Expertise in multiple asset classes, including IR vanilla and exotic derivatives, and structured products.
- Strong knowledge of Capital Markets products, processes, and front-to-back operations.
- Proven experience in supporting and implementing Structured Products and Exotic Derivatives.
- Excellent analytical and problem-solving skills along with strong communication skills.
- Strong understanding of quantitative finance concepts.
Language Requirements:
- Strong verbal and written communication skills in English.
Nice-to-Have Skills:
- Knowledge of Python, SQL, or scripting languages for pricing validation and reconciliation.
