MUREX Risk Analyst Department None 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. Solid 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. Open Positions 1 Mandatory Skills Murex, Derivatives, Derivative Analyst, Trade Life Cycle, Derivative Market, Otc Derivatives, Derivatives Trading Education Qualification Bachelors or Masters in Finance, Engineering Experience 3 to 7 years

📌 Derivatives Operations Risk Analyst (Chennai)
🏢 Crisil
📍 Chennai