Business Analyst

We are

At Synechron, we believe in the power of digital to transform businesses for the better.
Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions.
Synechron's progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms.
Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more.
Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams.
We began life in 2001 as a small, self-funded team of technology specialists.
Since then, we've grown our organization to over 14,000+ people, across 55 offices, in 20 countries, in key global markets.

Job Title:
Murex Analyst

Job Locations:
Mississauga, ON

Our challenge

We are looking for a Murex Analyst with a specialized focus on data quality and risk model validation.
The ideal candidate will be instrumental in generating and assessing critical financial data within the Murex platform, supporting quantitative analysts, and validating risk models.
This position requires a unique blend of technical expertise, financial knowledge, and a deep understanding of the derivatives market.

The Role

Responsibilities:

• Collaborate with various teams to generate accurate and reliable financial data using the Murex and Calculation engine platforms.
• Troubleshoot and resolve issues pertaining to data quality, ensuring the integrity of static, market data, and scenario analysis.
• Manage the rerun and adjustment of data/files in response to user requests, providing end-to-end support within the Risk framework.
• Develop and execute detailed test plans for new enhancements and products initiated by the Front Office or Risk teams, requiring thorough analytics documentation and validation.
• Maintain a comprehensive knowledge base, including support scripts, documentation, and procedural guidelines for Murex-related operations.
• Work closely with IT teams to facilitate and support the integration of Murex with other platforms and systems within the organization.
• Provide expertise in derivatives across lines of business, including Interest Rate Derivatives (IRD), Foreign Exchange Options (FXO), and Equity Derivatives (EQD).
• Apply strong front office and market risk experience to support trading and risk management functions effectively.
• Utilize hands-on experience in stress testing, Value at Risk (VaR), Fundamental Review of the Trading Book (FRTB), time series analysis, and financial instrument valuation.
• Leverage skills in SQL for data manipulation and analysis, as well as Python, ANT scripting, and JSON formatting for various data and reporting tasks.

Requirements:

You are:

• Proven experience in the derivatives market, particularly in IRD, FXO, and EQD.
• Strong background in front office operations and market risk management.
• Practical knowledge of stress testing, VaR, FRTB, time series, and valuation methodologies.
• Proficiency in SQL and the ability to create complex queries for financial data analysis.
• Experience with scripting languages such as Python and ANT, and familiarity with JSON data format.

It would be great if you also had:

Direct experience with Murex 3.1, including configuration and operation.

Background in market risk across various asset classes or cross-platform implementation projects.

We can offer you:

• A highly competitive compensation and benefits package
• A multinational organization with 55 offices in 20 countries and the possibility to work abroad
• Laptop and a mobile phone
• 15 days of paid annual leave (plus sick leave and national holidays)
• A comprehensive insurance plan including:
  medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region)
• Retirement savings plans
• A higher education certification policy
• Extensive training opportunities, focused on skills, substantive knowledge, and personal development
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups
• Cutting edge projects at the world's leading tier-one banks, financial institutions and insurance firms
• A flat and approachable organization
• A truly diverse, fun-loving and global work culture

SYNECHRON'S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer.
Our Diversity, Equity, and Inclusion (DEI) initiative 'Synclusive' is committed to fostering an inclusive culture - promoting equality, diversity and an environment that is respectful to all.
We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company.
We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply.
We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant's gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.