Murex Consultant

About Phi

Phi Partners has been a trusted capital markets consultancy for more than 20 years, providing quantitative and technology expertise across front office, pricing and risk.

We support more than 80 financial institutions across the buy-side and sell-side through niche capabilities spanning quant, engineering, vendor platforms and cloud infrastructure.

Our teams work on complex, real-world problems across models, analytics, applications, data and cloud infrastructure, within an international delivery organisation built around regional hubs and specialist centres of excellence.

For people who enjoy technically demanding work in capital markets, Phi offers the opportunity to work closely with expert colleagues and major financial institutions on high-value, business-critical initiatives.

About the Practice

As part of our partnerships with various clients, we are currently expanding our Murex team to keep pace with the growing demand in this area. Our Murex consultants work on projects involving settlement processes, payment systems, confirmations, accounting integration, and regulatory reporting.

Each project typically lasts 12 to 18 months, providing valuable experience with Murex’s pre-trade and posttrade modules across diverse asset classes. As a firm, we offer a comprehensive range of Murex services, including business requirement analysis, system configuration, workflow optimization, and end-to-end process support.

Roles and Responsibilities

System Integration and Configuration

• Collaborate with clients to configure and integrate the Murex platform according to their specific business
  and functional needs.
• Implement and configure Murex modules, ensuring efficient integration of Front, Middle, and Back Office
  operations.
• Customise workflows, settings, and interfaces to align with client requirements for trading, risk management,
  and reporting.

Implementation and Interface Development

• Assist in the end-to-end implementation of Murex, ensuring smooth integration with third-party systems
  and data feeds.
• Design and develop interfaces for market data, trade feeds, and risk systems.
• Ensure accurate data migration and transformation between Murex and external systems, including trade
  booking, settlement, and reporting platforms.

Client Support and Training

• Provide ongoing support to clients during and after the Murex implementation phase.
• Troubleshoot integration-related issues and provide technical solutions for complex integration problems.
• Deliver training to clients on Murex integration workflows and best practices, ensuring efficient system
  usage.

Data Management and Integrity

• Ensure the integrity and accuracy of data flowing through the Murex system, including pricing, trade, and
  market data.
• Manage the setup and processing of key market data (e.g., interest rates, FX rates) across the Murex
  platform.
• Implement data validation and reconciliation processes to maintain system accuracy.

Regulatory and Compliance Support

• Assist clients in configuring Murex to meet regulatory requirements such as MiFID II, Basel III/IV, and other
  financial regulations.
• Ensure that Murex configurations support compliance with industry standards in risk and reporting
  frameworks.

Cross-Functional Collaboration

• Work closely with Front Office, Risk, and IT teams to ensure seamless integration and alignment of Murex
  solutions across departments.
• Collaborate with developers, business analysts, and consultants to design and implement customized
  solutions.
• Participate in project management activities, ensuring timely delivery and quality control throughout the
  integration process.

System Optimisation and Enhancement

• Continuously optimise Murex system configurations to improve performance and ensure scalability.
• Identify opportunities for process automation and efficiency improvements within the system.
• Stay up to date with the latest Murex releases and integration technologies to enhance system functionality.

The Ideal Candidate

Technical Skills

• Murex Platform: In-depth knowledge of the Murex platform, particularly in system integration, interface
  development, and module configuration.
• Programming and Scripting: Proficiency in scripting languages such as MxML, SQL, Unix, and familiarity with
  XML or Python for building custom interfaces and optimizing data flows.
• System Architecture: Strong understanding of system architecture, including trade capture, data mapping, workflow automation, and API integrations.
• Data Management: Proficient in managing and integrating large datasets, ensuring data accuracy during migration and transformation processes across Murex and external systems

Financial Knowledge

• Financial Instruments: Comprehensive knowledge of financial instruments such as derivatives, fixed income, FX, and money markets, and their integration within Murex.
• Regulations: Familiarity with financial regulatory frameworks, such as MiFID II, EMIR, Basel III/IV, and the associated implications for trade and data integration.

Analytical Skills

• System Analysis: Strong analytical and problem-solving skills to troubleshoot system integration issues and optimise workflows.
• Process Optimisation: Ability to assess system performance and identify areas for automation and optimization in Murex workflows.

Communication and Interpersonal Skills

• Client Interaction: Excellent communication skills to work with clients, translating complex technical concepts into understandable business terms.
• Cross-Functional Collaboration: Strong teamwork skills to collaborate with IT, Front Office, Risk, and other internal teams during the integration process.

Educational Background

• Computer Science, Engineering, or Finance: A degree in computer science, engineering, finance, or a related field is typically required.
• Certifications: Industry certifications like Murex Specialist Certifications, FRM (Financial Risk Manager), or CFA (Chartered Financial Analyst) are a plus.

Experience

• Murex Integration: Prior experience in Murex integration projects, including system configuration, data migration, and interface development.
• Financial Services: Experience working within the financial services industry or with a financial software provider, focusing on systems integration and workflow automation.

This is an excellent opportunity to establish yourself within a rapidly expanding consultancy firm. The right professional can grow their managerial and leadership abilities while continuing to actively contribute in a hands-on technical manner on challenging global projects.