Murex Back Office BA

Murex Back Office Business Analyst

Experience: 7+ Years

Location: Bangalore / Chennai /Hyderabad

Job Summary

We are seeking an experienced Murex Back Office Business Analyst with 7+ years of experience in capital markets and Murex implementation/support projects. The ideal candidate should possess strong knowledge of Back Office operations, trade lifecycle management, settlements, confirmations, accounting, and Murex configuration. The candidate will work closely with business users, operations teams, and technical teams to deliver high-quality solutions and enhancements within the Murex platform.

Key Responsibilities

• Gather, analyze, and document business requirements related to Back Office operations.
• Work closely with stakeholders to understand settlement, confirmation, accounting, and regulatory reporting requirements.
• Perform gap analysis and propose Murex-based solutions.
• Configure and support Murex Back Office modules, including:
• Trade Confirmations
• Settlements
• Accounting
• Payments
• Reconciliation
• Create Functional Specification Documents (FSDs) and Business Requirement Documents (BRDs).
• Collaborate with development teams during design, implementation, and testing phases.
• Support SIT, UAT, and production releases.
• Investigate production issues and provide timely resolutions.
• Coordinate with Front Office, Middle Office, Operations, and IT teams.
• Ensure compliance with regulatory and operational requirements.
• Participate in Murex upgrades, migrations, and transformation initiatives.

Required Skills

• 7+ years of Business Analyst experience in Capital Markets.
• Strong hands-on experience with Murex MX.3 platform.
• In-depth knowledge of Back Office functions including:
• Trade Settlements
• Confirmations
• Accounting
• Cash Management
• Corporate Actions
• Reconciliation
• Understanding of trade lifecycle across multiple asset classes:
• Fixed Income
• FX
• Money Markets
• Equities
• Derivatives
• Experience in requirement gathering and stakeholder management.
• Strong knowledge of SQL and data analysis.
• Experience preparing BRD, FSD, User Stories, and Test Cases.
• Familiarity with Agile and Waterfall methodologies.
• Excellent communication and client-facing skills.

Preferred Skills

• Experience in Murex implementation or upgrade projects.
• Knowledge of SWIFT messaging and settlement processes.
• Exposure to accounting frameworks and regulatory reporting.
• Experience working with global banking or financial services clients.
• Certification in Capital Markets or Murex is an added advantage.

Key Competencies

• Business Analysis
• Stakeholder Management
• Problem Solving
• Requirement Gathering
• Capital Markets Domain Knowledge
• Murex MX.3 Expertise
• Communication & Collaboration