Please review the JD below and let me know if you have any further questions.
The HM states that we should focus on front office/back office functions and Murex integration. Risk and accounting can be discussed further in L1 interview and the HM is willing to prep the candidate if they are not as strong in this department.
Job Title: Sr. BA
End Client: Central 1 Credit
Client Address: 1441 Creekside Dr, Vancouver, BC V6J 4S8, Canada
Work Model: Onsite, everyday
Max Vendor Rate: $80/hr CAD on T4 or 90/hr CAD on Incorp.
Job Description/ Responsibilities
Job Title: Murex Business Analyst Front to Back
Role Overview
We are seeking an experienced Murex Business Analyst to lead requirements, design, and delivery across the full front to back trade lifecycle on Murex. The role spans Trade Entry, Middle Office, Back Office, Accounting, Reporting, Risk (incl. MLC & VaR), Custody, and Collateral Management, covering products such as FX, Fixed Income, Derivatives, MBS, and structured transactions including Swaps and Repos. You will collaborate with business, operations, risk, finance, and technology teams, and own integrations with upstream/downstream systems.
Key Responsibilities
1) Front Office / Trade Entry
Gather and document front office requirements for pricing, booking workflows, trade capture templates, and validations.
Configure/coordinate Murex Front Office (FO) workflows, trade event lifecycles, and market data usage.
Ensure support for FX, Fixed Income, Derivatives, MBS, Swaps, and Repos including deal attributes, calendars, pay/receive legs, and day count conventions.
2) Middle Office
Design STP workflows, exception handling, repair queues, and enrichment rules.
Define confirmations, settlement instructions, and matching (incl. electronic confirms if applicable).
Implement lifecycle events (amend, cancel, partials, novations), limits checks, and P\&L/PAA attribution where relevant.
3) Back Office
Specify settlement, payments, cash flows, and Nostro/Vostro processing.
Align cut offs, netting, batching, and corporate actions for Fixed Income/MBS.
Define controls for reconciliations and EoD processes; support operational playbooks.
4) Accounting
Map products/events to accounting rules and chart of accounts; align with IFRS/GAAP policies.
Translate trade lifecycle events into postings, validate glossaries and accounting schemes, and support month end close.
Interface with Workday for HR/cost center impacts (if applicable) and general ledger integrations.
5) Reporting
Design regulatory, management, and operational reports: positions, P\&L, sensitivities, cash ladders, settlements, and exception dashboards.
Define data lineage, timeliness/accuracy SLAs, and BI extracts; enable auditability for controls.
6) Risk (MLC & VaR)
Set up Market Limits Control (MLC) frameworks: limit hierarchies, breach workflows, alerts, and approvals.
Define VaR methodologies (historical/variance covariance/Monte Carlo), horizons, confidence levels, and back testing; coordinate market data (curves, vol surfaces, CDS spreads) and model governance.
Align with risk appetite statements, stress testing, and scenario analysis.
7) Custody
Specify interfaces and workflows for securities custody, asset servicing, settlement status, and position reconciliations.
Define SWIFT/custodian messaging, confirmations, fails management, and corporate actions processing.
8) Collateral Management
Implement margining (VM/IM), eligibility schedules, haircuts, thresholds, and disputes management.
Configure collateral calls, settlement, rehypothecation rules, and integration with legal agreements (CSA/GMSLA).
Align collateral optimization across liquidity and funding constraints.
SharePoint: Design document repositories for trade confirms, SOPs, and governance artifacts with appropriate access controls.
Jenkins: Coordinate CI/CD for configuration packages, automated deployments, and environment management.
Define message formats (XML/CSV/JSON), frequency, error handling, retry logic, and reconciliation controls; maintain interface specifications and versioning.
10) Delivery, Testing & Governance
Create BRDs/FRDs, configuration matrices, and traceability; run RAID logs and program governance.
Lead E2E testing: SIT, UAT, regression, and parallel runs; establish test data strategies
Drive change management: training, cutover, migration, and post go live stabilization.
What are the top 3 skills required for this role?
1. Strong functional expertise in Murex across Front Office, Middle Office, Back Office
2. Proven experience in designing technical components within the Murex ecosystem and establishing foundational business analysis for seamless developer implementation
3. Deep understanding of Capital Markets domain
Additional Information:
Team size, direct reports, key deliverables, unique selling points, additional qualifications, team culture etc.
Assess and document the current Murex implementation
Define and maintain a comprehensive product backlog
Upon completion of the initial contract period, an extension may be considered based on the finalized project pipeline.
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