Derivatives Operations Risk Analyst

MUREX Risk Analyst

Department

None

Job Description

Role Overview

The Associate – Derivatives Operations Technology will support and execute technology delivery for Derivatives Operations, covering Middle Office, Confirmations, and Settlements, with hands-on responsibility for analysis, development, testing, and BAU support on the Murex platform.

This is an execution-focused role working under the guidance of senior team members, contributing directly to both BAU and project initiatives, including configuration and development within Murex.

Key Responsibilities

Derivatives Operations Functional Support

• Support operational workflows across Middle Office, Confirmations, and Settlements.
• Assist with analysis and documentation of business requirements, process flows, and functional specifications.
• Work closely with Operations users to understand day-to-day issues, enhancement needs, and control requirements.

Murex Development & Platform Support

• Perform hands-on development and configuration in Murex to support Derivatives Operations requirements.
• Build and enhance Murex workflows and reports, configurations, and functional components under senior guidance.
• Support analysis, implementation, and validation of Murex changes across Middle Office, Confirmations, and Settlements.
• Work directly with other team members on end-to-end delivery.

Testing & Delivery Execution

• Design, prepare, and execute test cases for functional testing, integration testing, regression testing, and UAT.
• Validate Murex developments against business requirements and operational expectations.
• Log, track, and retest defects through to resolution.
• Support release preparation and post-release validation activities.
• Coordinate with L1 support teams during testing and release phases to ensure readiness for BAU handover.

BAU & Production Support

• Support BAU activities including issue investigation, impact analysis, and documentation.
• Assist with root cause analysis and validation of fixes for production incidents.
• Help maintain operational stability for Middle Office, Confirmations, and Settlements processes supported in Murex.
• Work closely with L1 support teams to support incident triage, escalation, and resolution.
• Ensure appropriate knowledge transfer, documentation, and handover to L1 support for new or changed functionality.

Required Qualifications & Experience

• Experience or strong exposure to Derivatives Operations, including Middle Office, Confirmations, and/or Settlements.
• Hands-on experience developing or configuring in Murex, especially on workflows and datamart.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to work effectively in a hands-on, execution-focused role.

Preferred Qualifications

• Experience with testing, UAT coordination, or production support.
• Familiarity with issue tracking and documentation tools (e.g., JIRA or equivalent).

Key Competencies

• Strong hands-on execution mindset.
• Willingness to develop, test, and support solutions end-to-end.
• Clear written and verbal communication.
• Ability to manage multiple tasks in parallel.
• Team-oriented and proactive approach.

Open Positions

1

Mandatory Skills

Murex, Derivatives, Derivative Analyst, Trade Life Cycle, Derivative Market, Otc Derivatives, Derivatives Trading

Education Qualification

Bachelors or Masters in Finance, Engineering

Experience

3 to 7 years