Murex Front Office Developer
Location: Bucharest, Romania
Six years ago, our client began the process of replacing all of their 3rd party trading platforms, selecting Murex as their main front to back cross-asset trading platform. The next phase of the process focuses on their global Fixed Income Derivatives business. In contrast to other locations, the relative lack of Murex consultants supporting Asia-based users has led to a critical need for additional Murex support during this transition period. This need has been further emphasized by the bank’s move to the rolling-out phase of new flow rates and flow credit derivative products across Asian and European markets. To ensure the success of the move into the second phase, Phi will be bolstering the client’s Murex delivery capacity from our Bucharest delivery centre.
We are looking for highly skilled Murex Front Office Developers, with experience in the integration of pricing models into Murex. The role requires involvement throughout the full project life cycle; including technical analysis, development and testing. The developers will be liaising with traders from all major desks to gather and understand their requirements and produce detailed design and test specifications of new workflows and features. The developer will integrate Murex into the full functional and technical architecture; building interfaces, performing curve construction and calculating real-time risk and PnL.
As a member of the delivery team, the ideal candidate will have at least 5 years of Murex implementation and development experience, with extensive knowledge of C++. Proven skill and understanding of fixed income derivative products and all types of risk, including interest rate and credit risk, is essential; with a strong understanding of interest rates and credit derivatives pricing models also necessary. The role requires an understanding of end to end workflow of a trade in the Murex platform, alongside Murex Flash P&L reporting capability. Understanding of payoffs across different derivatives is considered to be essential in executing the job.
It would be highly beneficial to have experience with MLC, Datamart and source code control and configuration tools within Murex (such as Reformx or MXConfig). Experience in STP throughput and workflow configuration, as well as OSP queue management and end of day Murex batch processes would be considered to be an advantage.
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 our market-renowned teams of consultants. 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.
If you are looking for a long term project with the opportunity to join our team of world-class engineers, then please send over a CV and we can discuss in more detail at your earliest convenience.