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Elenjical Solutions is seeking a Murex Front Office & Risk Consultant to implement and support client solutions. The ideal candidate should have extensive hands-on experience configuring and supporting Murex Front Office & Risk modules.

The role entails

• MX FO configuration and Support

• Derivative Instrument Pricing & Validation

• Curve setup and validation

• E-trade pad configuration

• Pre-trade development

• Simulation / Live book views development and debugging

• P&L explanation

• End user support (Front office and Middle office users)

• Functional Requirement gathering and Business Analysis – Ability to understand and extract client needs.

• Functional support to other streams

• Process Design

Education and requirements

• Bachelor’s, Master’s or PhD in Sciences, Technology, Engineering, Mathematics, Financial Risk Management, Financial Engineering

• Knowledge of Financial instruments is a must

• Basic Knowledge of derivative pricing is a must (Fixed Income, Interest Rate Derivatives, Money Markets, FX, Commodities)

• Basic Knowledge of financial risk measures is a must

• FRM, CFA, CQF, and PRM are advantageous

Consulting Skills:

• Proficient in gathering requirements and understanding client needs.

• Capable of designing solutions based on specific requirements.

• Contributing to project scoping and effort estimation.

• Skilled in system configuration and software development for functional client solutions.

• Effective planning and task execution abilities.

• Competent in documenting requirements, solutions, and configurations.

• Proficient in defining test cases for various testing stages.

• Ability to train system developers and end-users.

• Capable of providing post-implementation support to clients.

• Skilled in stakeholder engagement and expectation management.

• Excellent prioritisation skills.

• Strong communication skills, both written and verbal.

• Effective interpersonal skills, including listening, speaking, and emotion management.

• Team collaboration skills.

Languages

• English: C2 Proficiency

Support Structure

The consultant will work within a team of Front Office specialists, collaborating on client implementations and support. Regular knowledge-sharing sessions ensure the team stays updated on best practices in post-trade processing and collateral management.

The ideal candidate will have deep expertise in Murex Front Office & Risk modules, with a proven track record of successful implementations. Strong technical skills combined with excellent client communication abilities are essential for this role.

Elenjical Solutions is seeking a Murex Back Office & Collateral Consultant to implement and support client solutions. This client-facing role focuses primarily on Post-Trade Processing, Settlements, Confirmations, and Collateral Management functionalities within Murex. The ideal candidate should have extensive hands-on experience configuring and supporting Murex Back Office modules.

Key Responsibilities

• Implement and configure Murex Back Office modules, including Settlements, Confirmations, Static Data, and Collateral Management
• Design and optimise post-trade processing workflows for clients
• Configure and maintain collateral management setups, including margin calls, eligibility rules, and collateral allocation
• Set up and maintain SWIFT messaging and confirmation templates
• Provide expert-level support for Back Office and Collateral-related client issues
• Work closely with clients to gather requirements and deliver optimal Back Office solutions
• Create technical documentation for implemented solutions

Required Skills and Technical Experience

1. Murex Back Office Expertise (Minimum 4 years’ experience)

• In-depth knowledge of MX.3 Back Office modules, including:
• Settlement and Payment workflows
• Confirmation generation and management
• Static Data management (SSI, accounts, calendars)
• Reconciliation processes

2. Technical Skills

• Proficiency in MXpress and Back Office workflows
• Experience with MXML for Back Office customisations
• Understanding of database queries for Back Office data analysis
• Knowledge of scheduler and batch processing setup
• Proficient in technologies and protocols such as MXML, MDML, FIX, MQ, XML/XSLT, and shell scripting.
• Strong knowledge of Oracle and Sybase databases.

3. Financial Knowledge

• Strong understanding of post-trade processing lifecycle
• Knowledge of settlement and clearing mechanisms
• Understanding of collateral management practices and regulations
• Familiarity with market standards for confirmations and settlements

4. Consulting Skills

• Experience in client-facing Back Office implementations
• Ability to analyse and document Back Office business requirements
• Strong problem-solving skills for post-trade processing issues
• Experience in post-trade process optimisation

5. Communication Skills

• Excellent English proficiency for client interaction
• Ability to explain complex Back Office concepts clearly
• Experience in stakeholder management
• Strong documentation skills

Support Structure

The consultant will work within a team of Back Office specialists, collaborating on client implementations and support. Regular knowledge-sharing sessions ensure the team stays updated on best practices in post-trade processing and collateral management.

The ideal candidate will have deep expertise in Murex Back Office modules and Collateral Management, with a proven track record of successful implementations. Strong technical skills combined with excellent client communication abilities are essential for this role.

Role Overview:

Elenjical Solutions is looking for an experienced internal Murex Subject Matter Expert (SME) and mentor to support the growth and development of our junior analysts stationed on client sites across EMEA. This non-client-facing, remote role will be pivotal in ensuring our team members have the knowledge, guidance, and resources to succeed in Murex. The selected SME will be part of a collaborative environment supported by a network of other experienced SMEs within Elenjical Solutions.

Key Responsibilities:

• Mentorship and Development: Mentor selected junior team members, providing guidance on technical and functional challenges. Foster a learning environment, encouraging growth and development of Murex knowledge.
• Help Desk Support: Respond to help desk queries from junior team members, offering solutions and troubleshooting support. This includes leveraging expertise to address complex challenges while empowering juniors to improve their problem-solving skills.
• Training Content Creation and Delivery: Develop comprehensive training materials, design training courses, and conduct sessions to upskill analysts in specific Murex functionalities and capital markets processes.
• Knowledge Documentation: Identify and document existing knowledge gaps within the team. Develop and maintain a knowledge base of Murex content tailored to support analysts across asset classes.
• Subject Matter Expertise: Offer expert guidance on two key Murex streams (preferably Front Office and Market Risk) and demonstrate advanced knowledge in multiple asset classes. Provide insights into best practices for configuration, troubleshooting, and performance optimization.
• Cross-functional collaboration: Collaborate with project leads and stakeholders to ensure training aligns with client expectations and project requirements.
• Effective Communication: Deliver information in a clear, structured manner suitable for junior team members. Maintain strong time management and multitasking abilities to manage ongoing mentoring and content creation activities effectively.
• Context Switching and Multi-Tasking: Balance various responsibilities by smoothly switching between mentorship, answering help desk queries, and content development.

Required Qualifications and Experience:

Experience:

• Minimum of 6+ years of hands-on experience with Murex, particularly in Front Office and Market Risk. Proven experience across multiple asset classes (e.g., Fixed Income, Equities, FX, Commodities).

Technical and Functional Skills:

• Proficiency in key Murex areas including static data setup, curves , structuring , simulations , live book , RBPL , e-trade pad configuration, pre-trade development, and P&L attribution , reporting , Market risk configuration (stress testing , VAR , taylor , FRTB , SIMM) .
• Expertise in simulation/live book views, functional requirement gathering, and functional support for Front Office and Middle Office end-users.

Educational Background and Certifications:

• Bachelor’s, Master’s, or PhD in Sciences, Technology, Engineering, Mathematics, Financial Risk Management, or Financial Engineering.
• Relevant certifications (e.g., FRM, CFA, CQF, PRM) are advantageous.

Consulting and Mentoring Skills:

• Strong solution design and implementation skills tailored to internal training needs.
• Ability to mentor and coach junior team members, with a focus on clear communication, knowledge transfer, and adaptation to different learning needs.

Communication and Interpersonal Skills:

• High proficiency in English (C2 level), with strong organizational and multitasking abilities.
• Exceptional interpersonal skills to work collaboratively and empathetically with junior analysts and team members.

Time Zone Compatibility:

• Available to work within European and South African time zones to align with team needs and support.

This remote opportunity is ideal for an experienced Murex professional passionate about knowledge-sharing and training. The role requires an individual who is a skilled communicator, an adept multitasker, and a supportive mentor, with deep expertise in Murex and capital markets.