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Murex Specialist (Collateral) at Rand Merchant Bank

Rand Merchant Bank
May 07, 2026
Full-time
On-site
Job Description
The purpose of the role is as follows:


The Murex Collateral Specialist is responsible for understanding the full lifecycle of a trade from Pricing to Settlement and the impact on Market Risk, Back Office, Extractions and Collateral. Continuous development of Murex Platform enhancing current functionality and building out for new business requirements.
The role performs across the Markets, Banking and Treasury Business Units.


RESPONSIBILITIES

Analysis and solution development


Analyse existing processes and facilitate improvements with stakeholders.
Work with Collateral managers and other stakeholders to gather and document requirements
Conduct impact analysis, understand pain points and propose solutions
Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.
Configure/Develop Solutions in the Murex Platform to meet business needs
Participate in analytical queries such as Risk, Collateral and Extractions as well as technical queries linked to Workflows and Integration.


Service Excellence


Compile training material and provide end-user training to stakeholders where relevant.
Collaborate with internal technical team/users in the resolution of critical production incidents
Collaborate with Murex Vendor on suitable short- and long-term solutions for incidents and new requirements
Suggest changes in executing work processes to better drive value and benefits for the business.
Document business as usual solutions on the team wiki.
Keep all JIRA, SNOW and Change administrative tasks up to date.


Effective stakeholder relationship management


Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes.
Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders' requirements are delivered
Build relationships despite arising conflicting views and seeks mutual gains when addressing conflicts
Anticipates consequences and adapts problem solving based on continuous feedback


Self-management and teamwork


Plan and manage own workload, anticipating obstacles, juggling priorities and following through on objectives within agreed time-frames and according to quality standards
Stay relevant and up to date with legislations and new development
Take ownership of personal career development, leveraging formal and informal opportunities
Act in an ethical, transparent and morally defensible manner
Adapt communication styles to meet the needs of different audiences
Continually share, debate and communicate learning's, also flag and debate issues constructively to ensure the best outcome for business stakeholders and altimately the bank
Contribute to a friendly, co-operative climate in working with others to achieve collective goals


MINIMUM QUALIFICATIONS AND KNOWLEDGE

Required Qualification


Bachelor's degree in computer science, Mathematics, Engineering or related discipline is required


Other eg. Professional Registrations


ACI Dealing Certificate advantageous


Strong functional knowledge of:


the Capital Markets Products and Business environment
trade life cycle and financial markets asset
Understanding of Collateral Business
Agile Scrum project execution process
Murex system modules - Collateral Configuration and Module, MLC, Back Office Configuration / Modules, SIMM and Extractions


Experience:


At least 3 years of experience in implementing and supporting Financial Markets systems and their interfaces between systems.
Experience in Murex and/or MX TEST