Murex Front Office Developer
Location: London, Uk

One of our clients is one of the largest Canadian banks by market capitalization with more than 80,000 employees around the world. The bank serves more than 16 million clients with $474 billion global assets under management in a variety of financial services, including wealth management and investment management.

Six years ago, our client began the process of replacing all of their 3rd party trading platforms with Murex as their main front to back cross-asset trading platform following various phases based on priorities and complexities.

The next phase of the process sits within their Fixed Income Derivatives business around the globe. As most of their Murex resources are concentrated in New York and Toronto, the Asian trading desks are experiencing difficulties in getting their Murex requirements done. This has led to a critical need for Murex support from a Europe location.

The need is emphasized further when the bank moves to the rolling-out phase of the flow rates and flow credit derivatives in Asian and Europe markets. To ensure the success of the move into the second phase, Phi will be supporting the client from our Bucharest office by providing them with Murex Front Office experts with expertise in pricing and risk of interest rates and credit risk.

We are looking for highly skilled Murex Front Office Developers with experience in the integration of pricing models into Murex. The role requires the developer to be involved throughout the full project life cycle from the technical analysis, developing and testing. The developer will be liaising with traders from all major trading desks to understand the requirements and produce a detailed design and tests of new workflows and features. The developer is also expected to be able to build interfaces at the same time performing curve construction and real-time risk and PnL numbers.

As a member of the delivery team, the developer should have at least 5 years of Murex implementation and development experience with proven skills and understanding of the fixed income derivatives and all types of risk, including interest rate and credit risk. The candidate should have extensive experience in C++ programming language with a strong understanding of interest rates and credit derivatives pricing models as well as Murex Flash P&L reporting capability. In addition, the ideal candidate will have proven experience in pricing, as well as in end to end workflow of a trade in the Murex platform (with good knowledge of credit/market risk and how it feeds into Murex). Also, understanding of payoffs across different derivatives is considered to be essential in executing the job.

It would be highly beneficial if you have experience in working with MLC, Datamart and source code control and configuration on Murex such as Reformx or MXConfig. Experience in STP throughput and workflow configuration, as well as OSP queue management would be considered to be an advantage. Along with strong communication skills, it would also be desired if the candidate has understanding of end of day Murex batch processes.

This role will give you the opportunity to work with some of the smartest Murex experts in the industry on various greenfield software development projects. In addition, we offer a stimulating environment to challenge you and build your technology and business skills in a global rolling-out of front to back Murex trading platform. You can expect excellent opportunities for career development with exposure to Tier 1 clients and market competitive recognition of your individual and team contribution to growing with Phi. By joining Phi, you will also have the opportunity to work on multiple crucial technology projects either remotely from our state of the art delivery centre or on-site, if required.
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*We regret that because we receive a high volume of quality applications, only those shortlisted will be contacted directly.
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