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You will be updated with latest job alerts via emailJob Description:
Join the New Product Onboarding team within the bank provide the business (Commodities Markets) with flexible scalable and tailored solutions to onboard new Commodities underlyings. Front to back implementation including post trade
workflows. Murex will be the source system for Oil Precious Metals Base Metals US Power and Gas (Financials and Physicals US) additionally we are looking to buildout the carbon business capabilities in Murex. Work in close proximity with teams in Paris and Porto to ensure core processes are leveraged. The team contributes in designing and implementing a resilient efficient and scalable Information System for CM in close cooperation with other relevant IT business and operational teams in London and worldwide. As part of the CM IT department the team follows its governance.
Essential Duties and Responsibilities:
Provide the business with software applications:
Make recommendations regarding booking models product onboarding and modelling into Murex
Analysis problem solving and escalation
Work closely with CM Quants MOA MOE and other relevant teams
Carry out training and skills assessments at regular intervals for peers
Follow the branch compliance rules
Propose new projects to the business take lead of dev prox topic covering notably:
Innovative solutions
New business activities and products
Opportunities for efficiency improvements
Operational risk reduction
Reporting :
Timely progress updates to direct management as deemed necessary
Requirements:
Strong understanding of the US Power and Gas Markets including trade lifecycle of the physical settling trades
Strong experience working with Murex as a BA/Dev
Ability to navigate through Murex booking models and setting up new products
Good understanding of the Murex architecture to be able to propose interim and strategic solutions
Good understanding of Curve setup and static data setup in MXG
Good understanding of risk and valuations within Murex
Murex specific Skills
Murex Commodity Physical Forward on Gas and Power.
Murex Commodity Day Ahead Financial Swap on Gas and Power
Murex Power OTC Indexed Physical Forward Day Ahead.
Murex Commodity Futures in Power Configuration
Murex Indexed Gas Forwards Month Ahead Fixing
Murex Natural Gas modelling for Trading and Risk Management
Murex OTC Indexed Physical Forward. Day Ahead Fixing on Gas
Murex Commodity Futures in Gas Configuration
Murex Price Curves Tools for Setting up Commodity Curves Calibration of the Curve and Trouble Shooting
Commodities Price Curves
Murex Configuration of Commodity Swaps
Murex Configuration of Commodity Futures
Murex Configuration of Hourly Option Model
Murex Configuration of Commodity Price Curves for Different Use Cases
Murex Configuration of Generators Listed Contracts and Forward Price Curves
Murex Configuration and Use of Commodities Risk Matrixes
Murex Term Structure Construction
Murex Commodity Curve Interpolated Algorithm
Murex Commodities Deliver Risk Construction and Use
Murex Hydrocarbons Modelling
Murex Commodity Profiles in Power and Gas
Murex Commodity Profiles Curves Configuration and Use
Murex Commodity Capacity and Commodity Transport Functionality for Power and Gas Capacity Trading
Murex Commodity Time Series used in Power and Gas Trading
Murex Commodity Spot Index Configuration Pricing
Personal skills:
Skills and knowledge required:
Ability to work in a demanding environment with strong business exposure
Face off to senior stakeholders in Front Office and control functions Market Risk Credit Risk Operations etc.
Experience within Financial Markets Commodities experience preferred e.g. oil gas power
Good understanding of derivatives and various instruments both listed and OTC
Past experience of onboarding commodities products in Murex especially Gas and Power UK EU and/or US
financial and physicals
Full Time