Length of Contract: 6 months
Work Mode: Hybrid ( 2 days office)
Location: Toronto, Canada (First Canadian Place)
Rates: 115$/hr. INC
Description
Job Title/Position Title: Business Analyst, Commodities Trading (Murex)
Line of Business/LOB & Project they are working on: Capital Markets Technology, commodities trading desk (front office). Supports the project migrating the desk onto Murex, starting next month.
Years of experience: 5+ preferred, not too junior
Explanation
The HM wants a business analyst who sits between the commodities traders and the technology team, helping model products in Murex ahead of the migration. The two things he cares about most are Murex knowledge and commodities business knowledge. Both are scarce, and commodities is harder to find than FX or rates. He would rather have someone who knows Murex than the legacy system, because the desk is moving onto it.
Responsibilities:
Gather requirements from commodities traders and the desk
Work out how products should be modelled, including valuation, pricing and the risk profile of a transaction
Configure and model products in Murex and check that the end-to-end flow makes sense
Support front office workflows: pricing, trade capture and lifecycle management
Work on the Murex migration project alongside technology and the business
Must-Have Skills:
Murex trading system, hands-on, ideally on the new platform the desk is moving to
Commodities business knowledge across metals, energy and agriculture, including physical trading as well as financial
Front office business analysis: pricing, trade capture, trade lifecycle management and risk profile
Valuation and market data: curve building, PV and P&L, option and exotic valuation, and Greeks profile
Requirements gathering with traders and product modelling and configuration in Murex end to end
5+ years of relevant experience (preferred)
Nice to Have Skills:
Endur experience (the legacy system the desk is leaving)
Knowledge of the rest of the trade chain: settlements, confirmations, accounting and regulatory reporting
Prior capital markets or bank experience
Trading desk background
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