Murex Back Office Business Analyst
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SET Europa provides near shore, recruitment and outsourcing services and solutions for immediate project needs.
Our client is a recruitment consultancy specialising in IT, Finance, HR, and Digital Technology. Our client is seeking an experienced Murex Back Office Business Analyst (Mid/Senior) to join a major transformation programme based in Paris, France.
The successful candidate will play a key role in the design, configuration, validation, and implementation of post-trade processes within Murex MX.3, covering the complete Back Office lifecycle. This position requires strong functional and technical expertise in Murex, combined with excellent stakeholder management skills and a solid understanding of capital markets operations.
RESPONSIBILITIES
- Analyse, design, configure, and validate Murex MX.3 Back Office processes across the complete post-trade lifecycle.
- Support confirmations, settlements, payments, cash flows, fees, settlement instructions, reconciliations, and accounting interfaces.
- Collaborate with Operations, Finance, Front Office, Risk, and IT teams to gather, analyse, and document business requirements.
- Translate business and functional requirements into effective Murex configurations and solutions.
- Define target operating processes, configure workflows, and identify and resolve functional gaps.
- Prepare functional specifications and coordinate with technical teams to ensure successful implementation.
- Support payment generation, settlement processing, and operational workflows.
- Define and validate requirements for external systems and interfaces.
- Plan, coordinate, and execute System Integration Testing (SIT) and User Acceptance Testing (UAT).
- Identify, track, and resolve functional defects throughout the testing lifecycle.
- Support data migration, cutover planning, go-live activities, and post-production stabilization.
- Contribute to project delivery, ensuring alignment with business objectives, operational requirements, and implementation timelines.
Requirements
- 5+ years of hands-on experience with Murex, with a strong focus on Back Office functionalities.
- In-depth knowledge of Murex MX.3 configuration and post-trade processes.
- Strong understanding of the complete Back Office lifecycle, including confirmations, settlements, payments, and reconciliations.
- Solid knowledge of capital markets products, including:
- Fixed Income
- Money Markets
- Proven experience gathering business requirements, conducting functional analysis, and preparing detailed specifications.
- Experience configuring Murex workflows and resolving functional and operational issues.
- Strong background in SIT, UAT, defect management, and production support.
- Ability to collaborate effectively with business stakeholders and technical teams.
- Excellent analytical, problem-solving, communication, and stakeholder management skills.
- Fluency in both English and French is essential.