Job Title: Murex BA
About Us
“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.
WHY JOIN CAPCO?
You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.
MAKE AN IMPACT
Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.
#BEYOURSELFATWORK
Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.
CAREER ADVANCEMENT
With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.
DIVERSITY & INCLUSION
We believe that diversity of people and perspective gives us a competitive advantage.
Location - Bangalore/ Pune/ Chennai
Shift timings: 12:30pm- 9:30pm
Hybrid Mode (3 days WFO)
Role Description
Key selection criteria: 1. In depth FO-MO experience with deep understanding of the Murex system. 2. Review current implementation and suggest alternative, simplified ways to achieve business requirements 3. Extensive hands-on experience with trade booking, static data, market data, P&L and Simulation screens, Datamart and valuation metrics 4. Robust understanding of capital markets business, including experience with complex financial products across various asset classes representing Bank’s funding portfolio. Expertise and working experience with model implementation of Murex’s model, including interest rate, forex currency, equity, commodity, credit and hybrid models. Sound understanding of various model parameters and its impact on pricing/valuation of relevant trade. Robust knowledge and working experience with market data set-up and implementation of market data required for valuation of financial instrument in IFC’s portfolio, including interest rate curves, currency and tenor basis curves, deliverable and non-deliverable curves, multi-curve environment & OIS discounting, volatility/volatility skew for interest rate, FX, commodity and equity etc, dividend curves, correlation or any other market required to value and run analytics on the instruments in IFC’s portfolio. Extensive knowledge around static data settings including security setup for vanilla and exotic instruments. Deep understanding on inner workings of Murex generators and other static data components
- Extensive experience with implementing Murex. Excellent Murex product knowledge, specifically in treasury functions (trade capture, pricing, valuation). Sufficient product knowledge to provide guidance and maintain quality standards for implementation. Expertise and working experience with trade capture, template creation in Murex and understanding of its impact on downstream flows (settlement, payment etc.)
- Ability to diagnose any issue with the valuation of the financial instrument and propose practical solutions
- Superb communication, inter personal and negotiation skills, ability to engage with multiple teams at world.
- Experience with project frameworks and best practices as relate to systems and software development life cycle, including scoping, schedule, and risk identification.
Key responsibilities:
• Work with business as well as IT team to develop/review business cases, requirements, use cases, test plans, test strategies, test cases, and operational procedures and plans. • Work with the World Bank Group project team to review Murex solution design proposal, and identify gaps vs. IFC’s business requirements. The solution design will address the following key areas: a. Implementation of trade capture of the various trade types in Murex, ensuring all the features of trades are captured and downstream works as expected b. Model configuration, curve construction configuration, market data set-up, analytics, reporting and liquidity analysis. c. Market data set-up in Murex, ensuring consistency
• Advise the World bank Group project team for the optimal implementation approach and help the team finalize implementation plan. • Test of market data, model calibration, pricing/valuation and sensitivities for each trade type to ensure outputs are as per expectation and match benchmark results [Numerix Excel] • Documentation of: a. Model & market data set-up and test results b. Exceptions or deviations as needed and impact of such deviations. c. Migration of existing reporting to new system and documentation on configuration of the new reports Static data setup and maintenance Trade and security fixing procedure and governance
If you are keen to join us, you will be part of an organization that values your contributions, recognizes your potential, and provides ample opportunities for growth. For more information, visit www.capco.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
