Murex Business Analyst – Back Office

Overview

Synechron is seeking a Back Office Business Analyst with strong expertise in Murex Back Office processes. The role supports trade processing, settlements, confirmations, post-trade workflows, requirements analysis, configuration, testing, defect resolution, and implementation activities, working with regional business and technology teams.

What you'll do

• Analyze Murex Back Office requirements related to trade processing, settlements, confirmations, and post-trade workflows.
• Gather requirements from regional business teams and translate them into functional specifications and actionable technology requirements.
• Work with technology teams to assess requirements, identify dependencies, clarify expected outcomes, and support solution design.
• Support Murex configuration activities in line with approved requirements, functional specifications, and implementation standards.
• Develop and maintain functional documentation, process flows, business rules, data requirements, and workflow specifications.
• Prepare and execute test scenarios and test cases covering functional, integration, regression, and user acceptance testing.
• Investigate, document, prioritize, and support the resolution of defects and production issues.
• Validate trade processing, settlement, confirmation, workflow, and downstream processing outcomes.
• Support implementation planning, release activities, deployment validation, and post-implementation reviews.
• Collaborate with regional business and technology teams to coordinate requirements, testing, issue resolution, and delivery activities.
• Identify process gaps and recommend improvements to increase post-trade efficiency, accuracy, control, and operational transparency.
• Support clear communication of delivery status, risks, dependencies, issues, decisions, and outstanding actions.
• Maintain traceability between business requirements, functional specifications, configuration changes, test evidence, defects, and implementation outcomes.
• Support sustainable technology practices by reducing avoidable rework, improving process efficiency, and promoting maintainable solutions.

What you'll need

• Minimum 6+ years of professional experience in business analysis, Murex delivery, trade operations technology, post-trade technology, or related roles, or equivalent experience in Murex Back Office consulting, trade operations analysis, implementation support, functional testing, or post-trade technology delivery that demonstrates the required capabilities.
• Strong hands-on experience with Murex Back Office functionality and post-trade processes.
• Good knowledge of trade capture, trade lifecycle events, enrichment, validation, and downstream processing.
• Good knowledge of settlement processes, settlement instructions, settlement status, fails, and exception handling.
• Experience with confirmation processes, confirmation generation, validation, amendments, and exception management.
• Experience with Murex workflows and workflow-based post-trade processing.
• Ability to gather, document, analyze, validate, and prioritize business requirements.
• Experience supporting Murex configuration activities based on approved business requirements.
• Experience preparing test scenarios, test cases, test data, execution evidence, and defect documentation.
• Ability to investigate, document, prioritize, track, and resolve functional defects.
• Experience supporting release planning, implementation, deployment, validation, and post-implementation activities.
• Ability to work with regional business and technology teams.
• Experience with the Murex version applicable to the assigned environment.
• Ability to understand business rules, workflow logic, system behavior, and application dependencies.
• Ability to interpret functional specifications, data mappings, process flows, interface definitions, and configuration requirements.
• Understanding of trade, settlement, confirmation, reference, and post-trade data, and of data quality, completeness, accuracy, and traceability requirements.
• Ability to analyze data flows across trade processing and downstream operational processes.
• Experience validating data inputs, outputs, transformations, statuses, and reconciliation results.
• Ability to understand technology environments supporting Murex Back Office solutions, including environment dependencies across development, testing, and production.
• Understanding of structured software delivery, release, change, and issue management processes.
• Ability to maintain traceability between requirements, configuration, testing, defects, and implementation outcomes.
• Awareness of secure handling of trade, settlement, confirmation, counterparty, and operational data.
• Understanding of access control, user permissions, segregation of duties, and controlled configuration changes.
• Ability to follow approved change management, testing, release, and implementation controls.
• Awareness of auditability, traceability, data protection, and operational risk requirements.
• A bachelor's degree in Computer Science, Information Technology, Finance, Business, Engineering, or a related field, or equivalent relevant experience.

Nice to have

• Experience with Murex configuration, workflow analysis, post-trade integration, and production support.
• Experience with trade lifecycle management across multiple asset classes.
• Familiarity with requirements management, defect tracking, test management, documentation, and collaboration tools.
• Experience with Agile delivery methodologies and structured implementation processes.
• Familiarity with source control, release management, environment coordination, and deployment processes.
• Experience supporting regional or multi-location implementations.
• Experience with process improvement, operational controls, and post-trade automation.
• Familiarity with SQL for data validation, investigation, reconciliation, and issue analysis.
• Exposure to scripting or automation used for testing, data validation, reporting, or operational support.
• Ability to review technical logs, processing results, and system outputs during issue investigation.
• Knowledge of SQL and relational database concepts.
• Experience with data reconciliation, exception analysis, and operational reporting.
• Familiarity with settlement instructions, reference data, counterparty data, and transaction attributes.
• Experience supporting data-related defect analysis and production investigations.
• Familiarity with cloud-based application environments and infrastructure.
• Experience supporting Murex or post-trade solutions in cloud or hybrid environments.
• Awareness of cloud deployment, monitoring, access control, and operational support considerations.
• Experience with Murex workflow configuration and process optimization.
• Familiarity with integration points between Murex Back Office and downstream operational systems.
• Experience supporting trade lifecycle processes across multiple asset classes.
• Knowledge of tools used for functional testing, regression testing, test evidence, and defect management.
• Experience with Agile delivery methodologies.
• Experience with source control, release coordination, environment management, and deployment processes.
• Experience supporting process improvement, operational readiness, and post-implementation reviews.
• Experience working across multiple regions, time zones, or business functions.
• Experience supporting Murex solutions in regulated or control-focused environments.
• Familiarity with security and audit requirements for financial systems.
• Experience documenting configuration changes, approvals, test evidence, implementation results, and issue resolution.
• Knowledge of data masking or access restrictions in non-production environments.
• Experience in financial services, capital markets, banking, trading operations, or post-trade technology.
• Experience supporting production environments, regional implementations, or multi-asset-class processes.
• Murex-related, business analysis, Agile, capital markets, or financial systems certifications.
• Role-relevant training in Murex Back Office, trade processing, settlements, confirmations, workflows, requirements analysis, testing, and implementation.

Details

• Location: Pune - Hinjewadi (Ascendas).