Project description

One of our client (a leading bank of Singapore) is undertaking a strategic upgrade of its Murex MX.3 platform to enhance system resilience, support new product capabilities, and align with evolving regulatory and operational requirements.
This initiative includes upgrading from version 3.1.42.48b to 3.1.6x.x, onboarding the EQA and OSP Excess modules, and implementing comprehensive reconciliation, testing automation, and governance frameworks.

Responsibilities

Lead end-to-end business analysis for reconciliation initiatives within the Murex platform.

Conduct detailed requirement gathering sessions with Finance, Operations, Risk, and Technology teams, and convert them into functional specifications (BRD/FSD).

Own the design, configuration, and validation of reconciliation rules, workflows, exception management, and reporting in Murex.

Hands-on business analysis role to analyze and propose solutions for business issues, process changes and functional requirements.

Work with different teams and stakeholders to deliver system solutions for the business

Gather requirements from Business stakeholders towards scoping of reconciliation of Data between base and target system (across the Front office, Risk, Back office)

Analyze Reconciliation outputs across base (Mx 2.11) & target system (Mx 3.1) to compare the PL, MV, Cash Flows, Sensitivities for various different asset classes

Identify the root causes/explanations and mitigation actions for the differences found on the reconciliation outputs.

Work with end users to explain the root causes and performing the mitigation actions

Define the tolerances on the reconciliation differences

Maintain & Update repository of root causes of difference and support in automating the reconciliation execution & explanation

Perform execution of Reconciliation as per the project requirement & iterations

Build a strong relationship and manage expectations with users and stakeholders.

Collaborate with stakeholders on their priorities, needs as well as system improvements.

Skills

Must have

10+ years of experience working with Murex 3.1 & above version, as senior Business Analyst/lead

Strong expertise in Murex Accounting (ACC), Datamart, MxML Exchange, and Reconciliation module

Proven ability to design, configure, and optimize reconciliation rules, mapping logic, exception workflows, and automated reporting

Experience in working on a Murex Binary Upgrade project as FO/BO BA

Deep knowledge of Murex Accounting, Datamart, MxML Exchange, and reconciliation modules

Experience configuring reconciliation rules, data mapping, exception handling, and reporting in Murex

Exposure to working on analysis of Recon differences for FO, MO & BO area (at least 1-2 areas required)

Excellent communication and very good business understanding of front office/back office

especially FXD, FXO, Bond, IRD, IR Futures & IR Repo

Working knowledge in Murex

front office simulation, trade capture, and event management

Exposure to Murex e-trade pad, instruments, generators, P&L, Market Value, Sensitivities & simulation knowledge

Experience in Reconciliation & validation of PL, MV, Cash & Sensitivity numbers for Murex upgrade projects

Strong team player with excellent communication & inter-personal skills.

Strong problem solver who can question and understand proposed solutions and business drivers

Strong organizational and leadership skills

Strong understanding of treasury products and experience in front office projects

Ability to work independently and in cross-functional global teams. Demonstrated track record in requirement gathering, BRD/FSD preparation, functional specifications, and solution design

Ability to lead workshops, manage cross-functional stakeholders (Finance, Operations, Risk, IT, and vendors)

Experience leading UAT strategy, execution, defect triage, and production rollout

Capable of mentoring junior analysts, leading reconciliation workstreams, and owning delivery accountability

Strong command of SQL for reconciliation data analysis and validation.

Familiarity with ETL/data feeds, reconciliation dashboards, and reporting tools (Datamart, BI tools, etc.)

Nice to have

Murex MxTest experience, Executing Feeders/Extractions, Murex configuration experience

Pre-trade, e-tradepad & Simulation views

Other

Languages

English: C1 Advanced

Seniority

Lead

Related jobs

View all vacancies

Murex Business Analyst - Reconciliation

Murex Others

India

Bengaluru

Release Train Engineer (RTE) with Murex

Murex Others

India

Bengaluru

Project Manager - Murex

Murex Others

India

Bengaluru

Singapore, Singapore

Req. VR-117315

Murex Others

BCM Industry

10/09/2025

Req. VR-117315

Apply for Murex Lead Business Analyst - Reconciliation in Singapore

*Indicates a required field

First name

Last name

Your country

Your City

Phone

Specialization

Attach your resume (max file size 1MB; allowed extensions: doc, txt, pdf, docx) Upload resume

Number of years of experience in the specialization you are applying for

What are your monthly gross salary expectations?

Read Explanatory Notes

Under the terms of your specific consent or to perform our obligations under a contract with you, as applicable, we, Luxoft Holding Inc. will manually and electronically process your personal data, specifically your first name, last name, phone number, e-mail address and other data you provide us through this form.

Within this context, we process personal data only for the specific purpose(s) indicated in the individual consent language or other notices provided below.

We will – insofar as reasonably necessary for the purpose you have agreed to and within the scope of applicable laws – transfer your personal data to other entities within the Luxoft Group and to the group of third party recipients listed in our Privacy Notice. Such Recipients can be located outside the European Union (EU) and/or the European Economic Area (EEA) (“Third Countries”). The Third Countries concerned, e.g. the USA, may not have the level of data protection that you enjoy e.g. under the GDPR. This can result in disadvantages such as an impeded enforcement of data subjects’ rights, a lack of control over further processing and access by state authorities. You may only have limited legal remedies against this. Insofar our transfer of your personal data to recipients in Third Countries is not covered by an adequacy decision of the EU Commission, we achieve an adequate level of data protection as further detailed out in our Privacy Notice.

With your consent, we personalise marketing communications to you by way of carrying out marketing research analysis, analysing the surfing-behaviour of our website visitors and to adjust it to their detected tendencies, as well as to plan more efficient future marketing activities. This personalised marketing does not include any automated decision-making activities.

Further information on how we process personal data in general is available in our Privacy Notice. You may withdraw any given consent at any time. The withdrawal of your consent(s) will not affect the lawfulness of processing before its withdrawal. For any request in this context, please e-mail us at: DPO@luxoft.com.

Before uploading CV or any other information to this website, to learn more about your obligations and restrictions arising from the use of this website, please read our Terms of Use.

By clicking the Agree and Send button, you consent that Luxoft Holding Inc. can process your provided personal data for the purpose of processing your application to establish a potential employment, internship or relocation with Luxoft Holding Inc., a relevant affiliate of the Luxoft Group or Luxoft Group’s clients, as applicable. You consent to the retention of your personal data, with the purpose of contacting you for potential future employment opportunities. If you refer a friend, we will process your provided personal data of you and your referral to award you with a bonus for such recommendation. You can withdraw your consent at any time with effect for the future. Before you consent, please click on „Read these Explanatory Notes“ and view our Privacy Notice (e.g. for your data subject rights).

Note: Our system automatically converts each CV into our standardized format, enabling our HR teams to process applications more efficiently.

I consent that Luxoft Holding Inc. and the affiliates of the Luxoft Group can process my personal data for the purpose of sending me regular emails with information about Luxoft as an employer including job vacancies and (ii) marketing communications with information about recruitment-related events, organized webinars, conferences, as well as the Logeek Magazine and other similar publications. I can withdraw my consent at any time with effect for the future. These communications are personalised to my interests in accordance with our Privacy Notice.

Related Jobs

All jobs

MENU

Murex Lead Business Analyst - Reconciliation

Project description

Responsibilities

Skills

Other

Related jobs

Murex Business Analyst - Reconciliation

Release Train Engineer (RTE) with Murex

Project Manager - Murex