Murex Back Office & Collateral Consultant
Company: Elenjical Solutions
Location: Remote (Must be able to work within European and South African time zones)
Experience Required: 3+ years in Murex Back Office (Mid level consultant)
Role Overview
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 optimize 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 3 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 customizations
- 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 analyze and document Back Office business requirements
- Strong problem-solving skills for post-trade processing issues
- Experience in post-trade process optimization
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.