Business Analyst - Commodities Trading (Murex)

Job Description

BMO is currently sourcing for a Business Analyst, Commodities Trading (Murex), to support the BMO Capital Markets Technology commodities trading desk.
This is a hybrid contract role in New York (2 days in office per week).

Role Overview

This role supports the front office commodities trading desk as it migrates onto Murex. The Business Analyst works between the commodities traders and the technology team, helping model products in Murex ahead of the migration. The work covers requirements gathering, product modelling and configuration, and validation of the end-to-end trade flow. The contract is for 6 months.

Key Responsibilities

• Gather requirements from commodities traders and the trading desk
• Determine how products should be modelled, including valuation, pricing and risk profile of a transaction
• Configure and model products in Murex
• Validate that the end-to-end flow works as intended
• Support front office workflows including pricing, trade capture and lifecycle management
• Work on the Murex migration project alongside technology and business teams

Must-Have Skills

• Hands-on Murex trading system experience, ideally on the new platform the desk is moving to
• Commodities business knowledge across metals, energy and agriculture, including physical and financial trading
• Front office business analysis covering pricing, trade capture, trade lifecycle management and risk profile
• Valuation and market data expertise including curve building, PV and P&L, option and exotic valuation, and Greeks profile
• Requirements gathering with traders, plus end-to-end product modelling and configuration in Murex
• 5+ years of relevant experience preferred

Nice to Have Skills

• Endur experience
• Knowledge of the wider trade chain including settlements, confirmations, accounting and regulatory reporting
• Prior capital markets or bank experience
• Trading desk background

Ideal Candidate

• Background in commodities trading, such as energy trading, with direct exposure to a front office desk
• Experience supporting a Murex implementation or migration for a trading business
• Depth in commodities beyond FX or rates products, particularly physical trading

Qualifications

About the BMO Contractor Talent Network

This contract job with BMO has been posted by Procom, BMO's recruitment service partner supporting the BMO Contractor Talent Network.

Should you be selected for this contract engagement, Procom will act as the employer of record or the agency of record for your contract engagement.

To find out more visit https://bmo.clientconnections.com.

Benefits

Benefits provided include Basic Life/AD&D insurance, Short- and Long-Term Disability, and EAP at no cost to eligible employees after a waiting period. Medical and dental coverage (employee premium contributions), a non-matching 401(k) plan, and additional voluntary coverage are also available. This role includes legislatively required paid leave; no bonus, commission, or equity compensation applies.