Murex Front Office Business Analyst

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Sydney, Australia

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Relocation friendly

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Murex FO

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BCM Industry

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16/12/2025

Req. VR-119767

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Project description

We are seeking an experienced Murex Front Office Business Analyst to support the implementation and enhancement of Fixed Income trading products, including Bonds, Repos, and Securities Lending, within a large Australian banking environment.
The role will work closely with Front Office, Market Risk, Finance, and Technology teams to ensure accurate product setup, valuation, P&L reporting, and market data integration on the Murex platform.

This is a hands-on role requiring strong product knowledge, deep understanding of Murex Front Office configuration, and experience working with market data and vendor feeds

Responsibilities
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Act as the Front Office SME for Fixed Income products including Bonds, Repos and Securities Lending and Borrowing

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Lead requirements gathering with traders and desk heads.

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Design and validate Pre trade workflows

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Ensure accurate security setup including coupons, pool factors, and other static data.

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Reuters / Market Data Feeds

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Support new product onboarding, lifecycle events, and trade amendments.

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Support UAT, Dress Rehearsal, Pre and Post go live support.

Skills

Must have

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10+ years of experience as a Business Analyst in Capital Markets, with strong Front Office exposure.

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Hands-on experience with Murex E-Trade pad, Generators and Simulation views.

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Strong Fixed Income product knowledge on:

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Bonds (Fixed, Floating, Asset / Mortgage Backed and Zero Coupon)

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Repo (Standard, Triparty, and other)

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Securities Lending

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Strong understanding of Trade valuation, yield calculations, accruals

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Experienced in Zero, Yield and Broker curve construction.

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Experience with Front Office P&L and Risk P&L analysis.

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Proven experience integrating market data vendors like Reuters

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Bloomberg trade interface integration

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Strong communication and stakeholder engagement, working with traders and senior IT managements

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Hands-on experience with requirements and test management tools (e.g., JIRA, Rally, Confluence).

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Strong analytical mindset with attention to detail.

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Ability to manage multiple workstreams in a fast-paced trading environment.

Nice to have

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Basic knowledge on APRA pricing methodologies for Floating rate and Asset Backed Securities

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Experienced in GMRA / GMSLA contract setup, Initial and Variation Margin calculations.

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Working knowledge of outright and triparty security settlements

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Good SQL or data analysis skills for reconciliation and validation.

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Utilising AI tools like Copilot, Cursor AI, or any other agentic AI tools.

Other
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Languages

English: C2 Proficient

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Seniority

Regular

Sydney, Australia

Req. VR-119767

Murex FO

BCM Industry

16/12/2025

Req. VR-119767

Apply for Murex Front Office Business Analyst in Sydney

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