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Crisil

MUREX Risk Analyst

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Job Description

Role Overview

The Associate Derivatives Operations Technology will support and execute technology delivery for Derivatives Operations, covering Middle Office, Confirmations, and Settlements, with hands-on responsibility for analysis, development, testing, and BAU support on the Murex platform.

This is an execution-focused role working under the guidance of senior team members, contributing directly to both BAU and project initiatives, including configuration and development within Murex.

Key Responsibilities

Derivatives Operations Functional Support

  • Support operational workflows across Middle Office, Confirmations, and Settlements.
  • Assist with analysis and documentation of business requirements, process flows, and functional specifications.
  • Work closely with Operations users to understand day-to-day issues, enhancement needs, and control requirements.

Murex Development & Platform Support

  • Perform hands-on development and configuration in Murex to support Derivatives Operations requirements.
  • Build and enhance Murex workflows and reports, configurations, and functional components under senior guidance.
  • Support analysis, implementation, and validation of Murex changes across Middle Office, Confirmations, and Settlements.
  • Work directly with other team members on end-to-end delivery.

Testing & Delivery Execution

  • Design, prepare, and execute test cases for functional testing, integration testing, regression testing, and UAT.
  • Validate Murex developments against business requirements and operational expectations.
  • Log, track, and retest defects through to resolution.
  • Support release preparation and post-release validation activities.
  • Coordinate with L1 support teams during testing and release phases to ensure readiness for BAU handover.

BAU & Production Support

  • Support BAU activities including issue investigation, impact analysis, and documentation.
  • Assist with root cause analysis and validation of fixes for production incidents.
  • Help maintain operational stability for Middle Office, Confirmations, and Settlements processes supported in Murex.
  • Work closely with L1 support teams to support incident triage, escalation, and resolution.
  • Ensure appropriate knowledge transfer, documentation, and handover to L1 support for new or changed functionality.

Required Qualifications & Experience

  • Experience or strong exposure to Derivatives Operations, including Middle Office, Confirmations, and/or Settlements.
  • Hands-on experience developing or configuring in Murex, especially on workflows and datamart.
  • Strong analytical and problem-solving skills with attention to detail.
  • Ability to work effectively in a hands-on, execution-focused role.

Preferred Qualifications

  • Experience with testing, UAT coordination, or production support.
  • Familiarity with issue tracking and documentation tools (e.g., JIRA or equivalent).

Key Competencies

  • Strong hands-on execution mindset.
  • Willingness to develop, test, and support solutions end-to-end.
  • Clear written and verbal communication.
  • Ability to manage multiple tasks in parallel.
  • Team-oriented and proactive approach.

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About Company

Job ID: 145063363