Murex Functional Consultant

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 Front Office, Middle Office, and/or Back Office areas, depending on project scope. 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: o product setup o workflows o event generation o pricing parameters o market data setup o settlement and payment logic o accounting mappings o 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

• Proven experience as a Murex Functional Consultant / Specialist on implementation or change projects.
• Strong hands-on knowledge of Murex and its functional configuration.
• Experience working across one or more of the following areas: o Front Office o Middle Office o Back Office o Risk o Market Data o P&L o Settlements / Confirmations / Accounting
• 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

• Experience with Murex modules or areas such as: o trade capture and product definitions o pricing and valuation o risk sensitivities and analytics o settlement and payment processing o confirmation workflows o accounting interfaces o static data and market data o reporting and messaging • Knowledge of derivatives, rates, FX, credit, fixed income, equities, or commodities. • Experience with MxML, workflow, or other Murex functional components. • Understanding of interfaces, downstream systems, and data flows. • SQL or data analysis skills. • Experience working in large financial institutions or complex transformation programs.