Murex Functional Analyst-(Hybrid)

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit

What we offer:

• Work-life flexibility
• Hybrid work environment
• Variable annual incentive plan
• Generous annual vacation allotment
• Top-notch flexible benefits plan including family building and gender affirmation
• Retirement Plan, matched contributions at 6%
• Access to a learning platform and educational assistance support
• Access to a virtual wellness platform
• Career development opportunities
• Wellness Flex Fund to support personal interest and activities
• Day off to volunteer in your community and other paid time off options
• Corporate discounts
• subject to employment agreement

Job Summary:
Central 1 is looking for a Murex Functional Analyst to provide senior-level functional and technical expertise for our Treasury operations using the Murex (Mx3) application, including integrations, interfaces, and reporting. You'll collaborate with business stakeholders, internal teams, and third-party vendors.

As a senior member of the Murex Support Team, you'll guide Functional Analysts, review configurations and code pre-deployment, and ensure smooth platform operation. You'll manage data integration, oversee end-of-day/week processing, and troubleshoot issues as they arise.

Bring your strong analytical and problem-solving skills to improve efficiencies and thrive under pressure.

What you'll be doing:

• Support and empower the business – Help multiple teams maximize their use of the Murex application and leverage its outputs effectively
• Mentor and guide – Coach Murex Functional Analysts on configuration and testing best practices
• Ensure quality – Review complex code and configurations, especially for critical integration points
• Facilitate audits and reporting – Support audit processes, vendor reporting, and third-party verification
• Provide strategic input – Contribute technical expertise at senior/executive meetings and help shape proposals and project plans
• Lead vendor partnerships – Drive discussions with key vendors like Murex as needed
• Drive solutions using agile methods – Gather requirements, propose design options with trade-offs, and break work into manageable, value-driven increments
• Configure and document – Build detailed configurations and maintain clear documentation
• Lead implementation – Guide iterative testing and work with stakeholders through UAT to go-live
• Work autonomously – Follow C1 processes for documentation, configuration, release management, and incident resolution
• Troubleshoot with partners – Collaborate with external vendors (Murex, Bloomberg) to resolve issues and outages
• Collaborate across IT – Partner with QA, developers, and application support teams
• Manage upgrades – Oversee testing of Murex upgrades and patches
• Develop technical solutions – Create and modify scripts, SQL queries, and other technical components
• Configure financial instruments – Set up instruments from simple to complex, ensuring accurate financial behavior and cash flows aligned with market standards and C1 practices
• Solve complex problems – Debug and resolve unusual behavior across the Murex ecosystem, including Treasury Connect and integration points

What you'll have:
Murex Mx3 Expertise
You'll need in-depth knowledge of Murex Mx3 through formal training or hands-on experience in:

• DataMart concepts and reporting configuration
• MXML Workflows (contract, exchange, mail, deliverables)
• Pre-trade and post-trade workflow development and debugging
• Market data integration and setup
• Front Office configuration including trading/pricing, simulation views, risk analytics, and pricing for futures, forwards, swaps, options, MBS, and other fixed income instruments
• Accounting rules and workflows
• Liquidation Module, Murex Limit Controller, VaR/EMRM
• Strong English communication skills (written and verbal)
• Bachelor's degree in a quantitative discipline (finance, engineering, computer science)
• Significant experience with at least one end-to-end system implementation
• 3-5 years of IT experience in system implementation, reporting, and product testing

Treasury & Financial Markets Knowledge

• Solid understanding of treasury operations, trade and debt instruments, market processes, finance operations, accounting, cash management, settlement, and confirmation processes
• Deep knowledge of the complete trade lifecycle (mandatory)
• Prior derivatives and capital markets experience from working in risk, trading, or treasury functions at a large bank
• Ability to perform cash flow analysis and connect pricing of financial products to P&L and accounting

Core Competencies

• Strong time management and ability to thrive in a fast-paced, dynamic environment
• Creative problem-solver who develops innovative solutions
• Excellent communication skills with the ability to engage senior stakeholders across Front Office, Trading Desk, Back Office, Finance, and Risk Management
• Solid grasp of software development lifecycle with agile/iterative development experience
• Experience with system implementations, upgrades, change management, and test management

Technical Skills

• Excel, Word, SQL, Linux, UNIX, Shell scripting, Web Services, APIs
• JIRA, Confluence, SharePoint, BitBucket

Nice to have:

• Sybase / Oracle
• Java Scripting and general coding experience
• Tableau

Salary range:
$100,000-$118,000

The salary range represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.