Lead - Murex Developer in City of Westminster

Lead - Murex Developer in City of Westminster

City of Westminster Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
StoneX Group

At a Glance

  • Tasks: Lead a team in Murex development, configuring financial products and troubleshooting issues.
  • Company: Join a Fortune 100 company connecting clients to global markets.
  • Benefits: Enjoy a hybrid work environment with competitive salary and growth opportunities.
  • Other info: Collaborative culture with endless potential for career advancement.
  • Why this job: Make an impact in the financial industry while mentoring and leading a dynamic team.
  • Qualifications: 6-7+ years of Murex expertise and strong analytical skills required.

The predicted salary is between 80000 - 100000 £ per year.

Connecting clients to markets – and talent to opportunity. With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world‑class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential.

Business Segment overview: With boots on the ground authenticity at the heart of everything we do, our comprehensive array of commercial products and services enable you to work directly with our clients, across hedging, risk management, execution and clearing, OTC products, commodity finance and more.

Responsibilities

Position Purpose: The Murex Functional Developer Lead is responsible for the FO, Risk and Accounting Murex development team. The Lead should have a good functional understanding of FO and Risk and be capable of mentoring team members and managing the team’s completion of tasks in a timely manner.

Primary Duties will include:

  • Configure New Financial Products (Commodities Linear/Derivatives, FX Cash/Derivatives, IR Linear/Derivatives, Equity Prime Swaps).
  • Must have knowledge of the financial industry and the specifics of the configuration within Murex from a FO and Risk point of view.
  • Build simulation views for viewing PL and Risk.
  • Set‑up of Market data, spot indices, swap prices, commodity price curves, swap generators, volatility curves.
  • Build, enhance and troubleshoot pre/post‑trade formulas.
  • Troubleshooting and configuration of VAR and Stress reports.
  • Provide first/second‑level support to cross‑functional BAU issues raised by business users including but not limited to P&L, Risk, Pre/Post‑trade processing, Datamart reporting.
  • Effectively work with Internal BA to analyze and gather requirements from FO, Risk and Operations teams.
  • Translate needs into technical requirements in Murex.
  • Communicate solutions / issues.

Qualifications

To Land this role you will need:

  • 6-7+ years Murex FO/Risk expertise.
  • Financial and technical expertise in the following asset classes and their event lifecycle: Commodities (futures, forwards, swaps, accumulators), FX (cash, options), IR (swaps, listed futures/options).
  • Proficiency in configuring the following modules: simulation, pricing templates, pre/post‑trade MSL, asset‑specific static data/market data (instruments, indices, curves, historical data).
  • Basic understanding of datamart (dynamic tables, datamart, feeders, extractions).
  • Intermediate level knowledge of SQL.
  • Strong logical and analytical skills.
  • Detail oriented and self‑starter.
  • Team‑player.
  • Good communication skills.

What will make you stand out:

  • Experience with Equities.
  • Basic knowledge in accounting module troubleshooting and configuration.
  • Preferably a degree in finance.

Working Environment: Hybrid (4 days in office per week)

Lead - Murex Developer in City of Westminster employer: StoneX Group

At StoneX Group, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration thrive. With a strong focus on employee growth, we offer extensive training and mentorship opportunities, particularly for roles like the Lead Murex Developer, ensuring you can advance your career while working in a hybrid environment that balances flexibility with team engagement. Join us in our mission to connect clients to global markets, and enjoy the unique advantage of being part of a Fortune 100 company that values your contributions and invests in your future.

StoneX Group

Contact Details:

StoneX Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lead - Murex Developer in City of Westminster

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like StoneX Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Lead - Murex Developer in City of Westminster

Murex Development
Financial Product Configuration
Risk Management
Market Data Setup
Pre/Post-Trade Processing
SQL
Analytical Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to StoneX Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on StoneX Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at StoneX Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with StoneX Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at StoneX Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former StoneX Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.