At a Glance
- Tasks: Act as the bridge between business needs and Murex solutions in a dynamic trading environment.
- Company: Join a leading financial firm with a focus on innovation and collaboration.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Engage with traders and finance teams in a fast-paced, rewarding atmosphere.
- Why this job: Make a real impact by optimising Murex processes and supporting key stakeholders.
- Qualifications: 8+ years in Business Analysis and 5+ years of Murex experience required.
The predicted salary is between 49500 - 60500 £ per year.
Job Specification: Senior Front Office Murex Business Analyst
Role Overview
We are seeking an experienced
Front Office Murex Business Analyst to act as the functional bridge between business stakeholders and the Murex platform.
The ideal candidate will possess deep knowledge of how Murex works across Front Office, Middle Office, and Finance functions and be capable of translating business questions into Murex solutions.
This role is particularly suited to an individual who can engage directly with traders, finance, operations, risk, and business leadership teams to explain Murex concepts, advocate Murex best practices, and ensure business requirements are implemented in a way that aligns with the Murex operating model.
Key Responsibilities
- Business & Stakeholder Engagement
- Serve as the primary functional advisor for Front Office, Middle Office, Finance, and Accounting users.
- Work closely with business stakeholders to understand challenges, requirements, and operational pain points.
- Translate business questions and requirements into Murex functional solutions and terminology.
- Facilitate workshops and user sessions to improve understanding of Murex processes and best practices.
- Proactively identify impacts of proposed changes across Front Office, Risk, Operations, and Finance functions.
- Murex Functional Expertise
- Explain core Murex concepts and workflows to business users in non-technical language.
- Guide users through trade lifecycle events from trade capture through valuation, settlements, accounting, and reporting.
• Support business users in understanding
- Trade booking workflows
- Trade amendments and lifecycle events
- Position management
- Market data usage
- Valuation methodologies
- Risk and exposures
- P&L generation and reporting
- P&L & Valuation Analysis
- Act as the SME for Front Office valuation and P&L processes.
• Help stakeholders understand
- How Murex calculates P&L
- Realised vs Unrealised P&L
- Accrual P&L
- Economic P&L
- Market-driven valuation impacts
- Trade-level and portfolio-level P&L attribution
- Work closely with Finance teams to reconcile and explain Front Office valuation outputs.
- Investigate and explain valuation discrepancies between Front Office and Finance reporting.
- User Adoption & Best Practices
- Improve user understanding of Murex screens, navigation, and workflows.
- Recommend Murex-standard approaches instead of custom operating models where appropriate.
- Identify process inefficiencies and propose Murex-aligned solutions.
- Support UAT, training, and business readiness activities.
- Required Experience
- 8+ years of Business Analysis experience within Capital Markets or Treasury environments.
- 5+ years of hands-on Murex experience with Front Office modules.
• Strong understanding of
- Murex MX.3 architecture
- Trade capture
- Position management
- Valuation and pricing
- P&L and risk metrics
- Market data configuration
- Trade lifecycle events
• Experience engaging directly with
- Traders
- Treasury users
- Product Control / Finance
- Operations / Middle Office
- Risk Management teams
- Ability to conduct requirement gathering, impact assessments, functional specifications, and solution workshops.
- Preferred Product Knowledge
Experience across one or more of the following
- Interest Rate Swaps
- Cross Currency Swaps
- FX Spot & FX Forwards
- FX Options
- Money Markets
- Fixed Income Securities
- Repos / Securities Financing
- Structured Treasury Products
Essential Competencies
- Functional
- Front Office trade lifecycle expertise
- Murex valuation framework
- P&L explain and attribution
- Market data and curves
- Treasury and Capital Markets products
- Accounting and Finance interactions
Murex Business Analyst in Slough employer: Wipro
Wipro is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. With a strong focus on employee growth, we provide extensive training and development opportunities, ensuring our team members thrive in their careers while working on impactful projects across diverse sectors. Our competitive salary and benefits package, combined with a culture that values creativity and excellence, make Wipro a rewarding place to advance your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Murex Business Analyst in Slough
✨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 Wipro. 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 Murex Business Analyst in Slough
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 Wipro.
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 Wipro'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 Wipro
✨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 Wipro.
✨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 Wipro 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 Wipro 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.
