Murex Business Analyst – Back Office

Job Summary

Synechron is seeking a Back Office Business Analyst with 6+ years of experience and strong expertise in Murex Back Office processes.

The role will support trade processing, settlements, confirmations, post-trade workflows, requirements analysis, configuration, testing, defect resolution, and implementation activities.

The successful candidate will work with regional business and technology teams to translate operational requirements into practical Murex solutions.This position contributes to business objectives by improving post-trade processing efficiency, settlement accuracy, operational control, issue resolution, and alignment between business requirements and technology delivery.

Software Requirements

Required Software Skills

• Murex Back Office: Strong hands-on experience with Murex Back Office functionality and post-trade processes.
• Trade processing: Good knowledge of trade capture, trade lifecycle events, enrichment, validation, and downstream processing.
• Settlements: Good knowledge of settlement processes, settlement instructions, settlement status, fails, and exception handling.
• Confirmations: Experience with confirmation processes, confirmation generation, validation, amendments, and exception management.
• Murex workflows: Experience with Murex workflows and workflow-based post-trade processing.
• Requirements analysis: Ability to gather, document, analyze, validate, and prioritize business requirements.
• Configuration support: Experience supporting Murex configuration activities based on approved business requirements.
• Testing: Experience preparing test scenarios, test cases, test data, execution evidence, and defect documentation.
• Defect resolution: Ability to investigate, document, prioritize, track, and resolve functional defects.
• Implementation support: Experience supporting release planning, implementation, deployment, validation, and post-implementation activities.
• Stakeholder collaboration: Ability to work with regional business and technology teams.
• Version experience: Specific Murex versions are not defined in the requirements; candidates should have experience with the version applicable to the assigned environment.

Preferred Software Skills

• Experience with Murex configuration, workflow analysis, post-trade integration, and production support.
• Experience with trade lifecycle management across multiple asset classes.
• Familiarity with requirements management, defect tracking, test management, documentation, and collaboration tools.
• Experience with Agile delivery methodologies and structured implementation processes.
• Familiarity with source control, release management, environment coordination, and deployment processes.
• Experience supporting regional or multi-location implementations.
• Experience with process improvement, operational controls, and post-trade automation.

Overall Responsibilities

• Analyze Murex Back Office requirements related to trade processing, settlements, confirmations, and post-trade workflows.
• Gather requirements from regional business teams and translate them into functional specifications and actionable technology requirements.
• Work with technology teams to assess requirements, identify dependencies, clarify expected outcomes, and support solution design.
• Support Murex configuration activities in line with approved requirements, functional specifications, and implementation standards.
• Develop and maintain functional documentation, process flows, business rules, data requirements, and workflow specifications.
• Prepare and execute test scenarios and test cases covering functional, integration, regression, and user acceptance testing.
• Investigate, document, prioritize, and support the resolution of defects and production issues.
• Validate trade processing, settlement, confirmation, workflow, and downstream processing outcomes.
• Support implementation planning, release activities, deployment validation, and post-implementation reviews.
• Collaborate with regional business and technology teams to coordinate requirements, testing, issue resolution, and delivery activities.
• Identify process gaps and recommend improvements to increase post-trade efficiency, accuracy, control, and operational transparency.
• Support clear communication of delivery status, risks, dependencies, issues, decisions, and outstanding actions.
• Maintain traceability between business requirements, functional specifications, configuration changes, test evidence, defects, and implementation outcomes.
• Support sustainable technology practices by reducing avoidable rework, improving process efficiency, and promoting maintainable solutions.

Performance Outcomes and Expectations

• Murex Back Office solutions meet approved business and operational requirements.
• Trade processing, settlement, confirmation, and workflow requirements are accurately documented and implemented.
• Test scenarios provide appropriate coverage of business processes, integrations, exceptions, and regional requirements.
• Defects are documented with sufficient detail, prioritized according to business impact, and resolved through coordinated analysis.
• Implementation activities are supported by complete documentation, clear validation steps, and effective stakeholder communication.
• Regional business and technology teams receive timely updates on requirements, issues, risks, dependencies, and delivery progress.
• Post-trade processes demonstrate improved accuracy, control, efficiency, and operational supportability.

Technical Skills (By Category)

Programming Languages

Essential

• Ability to understand business rules, workflow logic, system behavior, and application dependencies.
• Ability to interpret functional specifications, data mappings, process flows, interface definitions, and configuration requirements.
• Understanding of technical concepts relevant to Murex Back Office processes and integrations.
• Ability to translate business requirements into clear functional and technical specifications.

Preferred

• Familiarity with SQL for data validation, investigation, reconciliation, and issue analysis.
• Exposure to scripting or automation used for testing, data validation, reporting, or operational support.
• Ability to review technical logs, processing results, and system outputs during issue investigation.

Databases and Data Management

Essential

• Understanding of trade, settlement, confirmation, reference, and post-trade data.
• Ability to analyze data flows across trade processing and downstream operational processes.
• Experience validating data inputs, outputs, transformations, statuses, and reconciliation results.
• Understanding of data quality, completeness, accuracy, and traceability requirements.

Preferred

• Knowledge of SQL and relational database concepts.
• Experience with data reconciliation, exception analysis, and operational reporting.
• Familiarity with settlement instructions, reference data, counterparty data, and transaction attributes.
• Experience supporting data-related defect analysis and production investigations.

Cloud Technologies

Essential

• Ability to understand technology environments supporting Murex Back Office solutions.
• Awareness of environment dependencies across development, testing, and production.
• Ability to consider operational, integration, availability, and support requirements when assessing technology solutions.

Preferred

• Familiarity with cloud-based application environments and infrastructure.
• Experience supporting Murex or post-trade solutions in cloud or hybrid environments.
• Awareness of cloud deployment, monitoring, access control, and operational support considerations.

Frameworks and Libraries

Essential

• Strong understanding of Murex Back Office functionality.
• Experience with Murex workflows and post-trade processes.
• Knowledge of trade processing, settlements, and confirmations.
• Ability to define and validate funct