Business Analyst - Contract I Credit - Murex & Derivatives at IQbusiness

Job Description

• Our Innovative Analysis Team is seeking a Business Analyst (Credit - Murex & Derivatives) for contract opportunities within the financial services sector.
• The Business Analyst will play a key role in supporting and enhancing credit systems within the Murex platform, with a strong focus on derivatives-related credit exposure.
• This role requires a solid understanding of derivative products, credit risk processes, and Murex configuration to ensure accurate risk and limit management across trading and risk functions

Key Responsibilities and/or output areas include, but are not limited to:

• Define business and system requirements for Murex Credit functionality with a focus on derivatives exposure and credit risk processes.
• Analyze, document, and optimize end-to-end credit processes, comparing current vs. future state.
• Assess the impact of new business or regulatory requirements on upstream/downstream systems and the broader credit architecture.
• Translate credit and derivatives business needs into functional specifications, reports, and Murex configurations.
• Collaborate with Traders, Risk, and IT teams to ensure accurate credit exposure measurement and integration of derivatives into credit workflows.
• Support project delivery by assisting with system design, UAT, and integration testing.
• Ensure alignment with the overall Credit Business Architecture and enterprise standards.
• Identify and propose system and process improvements across credit, risk, and trading operations.
• Document business processes and maintain traceability from business requirement through to delivered solution.
• Strong understanding of derivative products (e.g. swaps, options, forwards) and how they impact credit risk
• Familiarity with the trade lifecycle and how it integrates into credit and risk systems

Education Qualification:

• Matric
• University Qualification, Certificate or Diploma, aligned to relevant experience - Relevant Bachelors’ Degree / Diploma / recognised qualification from an accredited tertiary institution.

Skills:

• Formal or practical experience in the BABOK
• Multiple process notations
• Business Writing Skills
• Presentation and Facilitation Skills
• Data Modelling based on Entity Diagram Mapping
• Repository-Based Modelling tools i.e., ARIS
• Business Change Life Cycle
• System Development Life Cycle (Waterfall, Agile, RUP)
• Quality and Risk Management
• ACORD Framework, SOA, TOGAF, ARCHIMATE
• Experience with tools such as Confluence and Jira would be advantageous

Closing Date 31 July 2025