At a Glance
- Tasks: Act as Product Owner for Interest Rate Swaps, bridging business needs and tech delivery.
- Company: N Consulting Ltd, a dynamic firm in the heart of London.
- Benefits: Competitive daily rate, hybrid work model, and exposure to cutting-edge financial technology.
- Other info: Great opportunity for career growth in a fast-paced environment.
- Why this job: Join a leading team and shape the future of trading and risk management.
- Qualifications: 5-10 years in Murex with strong IRS knowledge and Agile experience.
Location: Bloomsbury Square, London, United Kingdom
Salary: £350 - £500 /day
Job Type: Contract
Date Posted: October 6th, 2025
Role Overview: We are seeking an experienced Murex Business Analyst with strong expertise in Interest Rate Swaps (IRS) and a solid understanding of the front-to-back trade lifecycle. The ideal candidate will act as a Product Owner, bridging business requirements and technology delivery, ensuring that the Murex platform effectively supports trading, risk, and operations teams.
Key Responsibilities:
- Act as Product Owner for Interest Rate Swap-related functionality within Murex.
- Gather, analyze, and document business requirements from trading, risk, and middle office teams.
- Translate business needs into functional specifications for Murex configuration and enhancement.
- Collaborate with development, testing, and support teams to deliver high-quality solutions.
- Manage the product backlog, prioritize user stories, and drive sprint planning.
- Support UAT, issue triage, and production validation.
- Liaise with front office, risk management, and IT to ensure system alignment with business strategy.
- Stay up to date with market trends in IRD, pricing, and regulatory reporting.
Required Skills & Experience:
- 5–10 years of experience as a Business Analyst or Product Owner in Murex.
- In-depth understanding of Interest Rate Swaps and other Interest Rate Derivatives (IRD).
- Strong knowledge of trade capture, pricing, risk (P&L, sensitivities), and lifecycle events.
- Experience in Murex modules: Trade Capture, Datamart, Workflow, Simulation, and Reporting.
- Proven ability to bridge business and technical teams.
- Excellent analytical, documentation, and stakeholder management skills.
- Exposure to Agile/Scrum delivery and product ownership practices.
Preferred Qualifications:
- Knowledge of other asset classes (FX, Bonds, or Credit Derivatives) is a plus.
- Experience in Murex 3.1/3.1x platform upgrades or implementations.
- Familiarity with regulatory and risk initiatives (FRTB, IBOR transition).
Murex Business Analyst / Product Owner – Interest Rate Swaps in City of London employer: N Consulting Limited
N Consulting Ltd is an exceptional employer located in the vibrant Bloomsbury Square, London, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, we provide ample opportunities for professional development and skill enhancement, particularly in the fast-evolving field of Murex and Interest Rate Swaps. Our hybrid working model ensures flexibility while being part of a supportive team that values your contributions and encourages a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Murex Business Analyst / Product Owner – Interest Rate Swaps in City of London
✨Network Like a Pro
Get out there and connect with folks in the industry! Attend meetups, webinars, or even casual coffee chats. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled challenges in your previous roles, especially around Murex and Interest Rate Swaps. This is your time to shine!
✨Tailor Your Approach
Every company is different, so make sure you tailor your pitch to fit their needs. Research N Consulting Ltd and understand their goals, then align your experience with what they’re looking for in a Murex Business Analyst.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at N Consulting Ltd.
We think you need these skills to ace Murex Business Analyst / Product Owner – Interest Rate Swaps in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Murex Business Analyst role. Highlight your experience with Interest Rate Swaps and any relevant Murex modules you've worked with. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that showcase your ability to bridge business and technical teams, as that's key for us.
Showcase Your Analytical Skills:In your application, don't forget to highlight your analytical and documentation skills. We love candidates who can gather and translate business requirements into functional specifications, so give us examples of how you've done this in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at N Consulting Limited
✨Know Your Murex Inside Out
Make sure you brush up on your Murex knowledge, especially around Interest Rate Swaps. Be ready to discuss how you've used Murex in past roles and how it relates to the front-to-back trade lifecycle. This will show that you’re not just familiar with the platform but can also leverage it effectively.
✨Understand the Business Needs
Before the interview, take some time to think about the business requirements for trading, risk, and operations teams. Prepare examples of how you've gathered and translated these needs into functional specifications in previous roles. This will demonstrate your ability to bridge the gap between business and technology.
✨Showcase Your Agile Experience
Since the role involves Agile/Scrum practices, be prepared to discuss your experience with these methodologies. Share specific examples of how you've managed product backlogs, prioritised user stories, and driven sprint planning. This will highlight your capability as a Product Owner.
✨Stay Current with Market Trends
Familiarise yourself with the latest trends in Interest Rate Derivatives, pricing, and regulatory reporting. Being able to discuss current market conditions and how they impact the role will show that you're proactive and engaged in the industry.
