UBS Financial Services Murex: Rates implementation- Team Lead in Mumbai, India

Your role:

As a Team Lead, you will be responsible for the Rates Feature team that is part of the Front office Murex implementation program.

The team will cater to all the Rates business evolution work.

As a lead this will need to have a strong communication & relationship management skills as this requires interaction with senior stakeholders from multiple divisions of the bank, business analysts, various front to back functions.

Showcase that you have the ability to understand the architecture of the product and influence the rates build to be in-line with the design principles.

Should have a proven track record of requirements gathering and transformation of these into sustainable solutions

You should be someone who would champion the best practices when it comes to agile delivery model.

Also to drive the best result you should be a good people person as well.

What we offer:

Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.

Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).

Take the next step:

Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.

Disclaimer / Policy Statements:

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

Your team:

Your role will be in the Murex program team in London (the team is a global team). The Murex program is a large strategic initiative to replatform UBS's rates, credit and FX businesses onto Murex from the various legacy systems on which they currently run. The objectives for the program are:

• Massively simplify the Fixed Income technology environment

• Increase operational control and efficiency

• Enable our regulatory agenda

• Establish the building blocks for a more cost effective operating model

• Support revenue in all products

The program is run across the business and technology, involving both permanent and vendor staff. It is recognised within the industry as a transformative program that ensures UBS's platform is uniquely well placed to face the new challenges of the industry.

Your experience and skills:

MX Skills Required

Murex knowledge will be an added advantage. Some key areas that will be beneficial are:

 Thorough understanding of the Murex architecture

 Global Operating Model in Murex

 Trade Life cycle & Events

 Pre & Post Trade Workflow's

 Reporting

 Housekeeping

Technical Skills required in addition to Murex

 Strong knowledge for Unix/Shell scripting.

 Decent knowledge of Python

 Database skills mainly: Oracle

Business Knowledge

Prior experience or the potential to learn significant domain knowledge relating to the financial products, risk measures and market data within FX, Rates and Credit. Efficient, high performing build and test of this type only occurs when a strong grasp of the domain is present. For our team that means:

 Basic nomenclature, what are maturity dates, knot points, curves, instruments, indices, tenors, observables

 Basics of Interest rates, what are they, forward rates discounting of future cash flows

 Cross currency swaps, XCCY Basis

 IR Curves, what are they used for, importance of interpolation

 Tenor - 3M Libor is different from 6M Libor, and how that leads to a 3M and 6M curve. Tenor basis risk.

 OIS curves and funding, CSA discounting, collateralisation

 IR Products basics, how an IR swap works

 Credit default swaps and Credit curves, what they are and how they are used. Recovery. Default events. Different types of credit curve. Credit indices. Credit Index options. Credit volatility surfaces.

 Bonds and bond prices, yield, z-spread, static data, callable bonds

 Bond futures, Eurodollar futures, prices, CTD, convexity adjustment, conversion factor

 FX Spot rates, FX Trades.

 IR and FX Option trades, Volatility surfaces.

 Inflation swaps and index linked bonds, inflation market data. Seasonality.

About us:

Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.

We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?

Your colleagues:

Job Reference #: 169629BR

Business Divisions: Corporate Center

Title: Murex: Rates implementation- Team Lead

City: Mumbai

Job Type: Full Time

Country / State: India

Function Category: Information Technology (IT)