Murex BO Business Analyst
Luxoft · Chennai · onsite · Posted today
Undisclosed6–7 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
Responsibilities
Skills
Other
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 Back Office area. 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:
- product setup
- workflows
- event generation
- pricing parameters
- market data setup
- settlement and payment logic
- accounting mappings
- 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
- Bachelor's degree in Finance, Economics, Business, Computer Science, or a related discipline, or equivalent practical experience.
- 6-7+ years of relevant working experience
- Proven experience as a Murex Back Office Functional Consultant / Specialist on implementation or change projects.
- Strong hands-on knowledge of Murex and its functional configuration.
- 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
- Murex MxML
Other
- Languages: English: C1 Advanced
- Seniority: Regular
Sourced from naukri
Skills
Functional DesignBusiness Analystmarket dataregressionBusiness RequirementsmurexFinancial ProductsBORegression TestingdeploymentMxmlCommunication SkillsIntegration TestingAccountingback officeFinancial Marketsfinance
About Luxoft
Luxoft
IT Services & Consulting
2.3k+
employees
2000
26 years old
Zug, Switzerland
Switzerland
About
Luxoft offers the full spectrum of enterprise technology services, from modernizing legacy IT systems to delivering digital transformation at scale.
Industries
IT Services & Consulting
Employee ratings
832 reviews
3.6/ 5
Culture
3.6
Career growth
2.7
Work-life
3.9
Employees rate it well for
Work Life Balance165Salary128Senior Management87Work Culture76Appraisal64
Find them on