Murex Back Office Business Analyst / Configurator
Varrlyn is a consulting firm which was founded in 2010 and is based in The Netherlands. We help financial institutions with system implementations and provide some serious application support, concentrating on the way they process transactions and deploy reporting applications.
Varrlyn has a proven track record: we have worked for financial institutions in Amsterdam, Brussels, London, Paris, New York, Frankfurt, and Sydney. We help improve cost efficiency, simplify application architecture, optimize time to market, enhance straight-through processing, and ensure compliance with financial regulations. In other words: You do the deal, we’ll do the project.
At Varrlyn, we are trained to think ahead. With advanced digital tools, we enjoy turning any obstacle into a chance to thrive. It’s all about thinking in terms of opportunities, together.
A positive mindset – that’s what got us this far. Thinking of doing something deemed impossible? Once you realize nothing is impossible, you are free to dream. We’ll help you plan and thrive. Because at Varrlyn we believe that if something is achievable, we can – and will – achieve it together.
Varrlyn has expertise in:
- Dealing room & Sustainability services
We’ll unburden you by taking care of your entire trade lifecycle. Get ready a for positive, sustainable change! - Asset management
Step up your game as a data-driven organization: digitise your processes without losing sight of the legal picture. - Finance & Risk
Get a grip on the rapid changes and the unpredictable influences that keep hitting the financial services sector. - Digital services
Our triple engine – dealing room, asset management, and finance & risk – is powered by our love for data and technology.
Job Description
We are seeking a highly skilled and technically proficient Murex Back Office Business Analyst/Configurator for our clients. The successful candidate will support changes and enhancements within the Back Office domain, ensuring efficient trade processing, settlement, and reporting. This role requires deep expertise in Murex, back office operations, and a strong technical background with software engineering skills.
Key Responsibilities:
- Murex Configuration and Support:
- Configure and maintain Murex for back office functionalities.
- Implement and support changes related to trade processing, settlement, and reporting requirements.
- Ensure the system is optimized for performance and stability.
- Participate in production support rotation for second and third line support providing functional and technical expertise to the support team, picking up incidents during or outside of business hours.
- Technical Development:
- Develop custom scripts and extensions to enhance Murex functionality.
- Work on integration projects to connect Murex with other systems and data sources.
- Troubleshoot and resolve technical issues related to Murex configurations and integrations.
1. Business Analysis:
- Gather and document business requirements from back office stakeholders.
- Translate business requirements into functional and technical specifications for Murex.
- Conduct gap analysis and feasibility studies for new initiatives.
- Testing and Validation:
- Develop and execute test plans to ensure changes meet business and technical requirements.
- Perform system testing, integration testing, and user acceptance testing (UAT).
- Identify and resolve defects during the testing phase.
- Stakeholder Management:
- Work closely with back office, IT teams, and external vendors.
- Provide training and support to end-users.
- Manage communication and expectations with stakeholders.
Qualifications
- Deep understanding of the Murex platform, with a focus on its architecture and back office modules. A minimum of 5 years experience within a similar role is required.
- Extensive experience in configuring and customizing Murex for back office functionalities.
- Proficiency in Murex MxML workflows, data mapping, and scripting to automate processes and integrations.
- Experience with enhancing the Murex platform with the following capabilities: Pre-Trade Workflow, Cash Settlements, SSI Management, Confirmation Instruction Setup, User-Definable Fields,
- Experience with CLS (Continuous Linked Settlement) Out-of-the-Box interface.
- Hands-on experience with Murex back office modules, including trade processing, settlement, and reconciliation.
- Ability to configure settlement instructions, payment processing, and confirmation matching.
- Experience in managing end-of-day processes and ensuring accurate transaction reporting.
- Skills in integrating Murex with other financial systems and data sources, ensuring seamless data flow and process automation.
- Proficiency in using MxML Exchange, Datamart, and other Murex tools to create reports and dashboards for financial analysis and reporting.