Murex Reviews | Glassdoor

Murex Reviews

Updated May 13, 2017
20 reviews

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2.0
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Murex Managing Partner, President & CEO Maroun Edde
Maroun Edde
9 Ratings

20 Employee Reviews

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Pros
  • ral, excellentes conditions de travail, grande confiance envers la direction de l (in 13 reviews)

  • Working environment is very good (in 12 reviews)

Cons
  • You can break your work life balance easily, but it's really up to the person (in 15 reviews)

  • Long working hours, frequent travel (in 15 reviews)

More Pros and Cons

  1. Helpful (1)

    "Long hours and managers watch for when you leave"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Rates Consultant in New York, NY
    Former Employee - Rates Consultant in New York, NY
    Doesn't Recommend
    Positive Outlook

    I worked at Murex full-time (More than a year)

    Pros

    Get to learn a lot. Smart hardworking people.

    Cons

    long hours. Not much bonus.


  2. "A Great Company - But not in the Americas"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Murex full-time (More than 3 years)

    Pros

    World leading software (although now aging) and some of the brightest people you'll ever meet. If you do well here you're good. Generally excellent benefits.
    Probably the nicest group of owners you'll ever meet (in Paris). For younger members of staff there's a lot done of social events (parties, events, breakfasts) many of which are of a high quality.

    Cons

    Changes in senior management have changed the culture of the New York office. There is an increased level of churn in the staff - in particular longer term employees have been moving out - as the focus has moved to a younger/offshore sourced team. High usage of offshore hiring, not to the benefit of local staff. Work hours can be brutal and while many of the line managers are excellent technologists they have little if any experience in managing people. General situation is that people arrive - are very happy in the first 2-3 years and then become restless.

    Advice to Management

    Overall the product is very strong but the changes in the New York office, while improving the numbers (if temporarily) are leading to other bigger issues. Rating for management applies to NY only. Central management in Paris would earn six stars.

  3. Helpful (5)

    "Not a good place to work at for finance/ econ/ stats majors, ok for IT. Messy customer support."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in New York, NY
    Former Employee - Financial Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    * dynamic environment
    * free drinks in the kitchen

    Cons

    * not a good place for finance/ econ/ stats majors, skills won't be used, worked with engineers who did not understand econometrics or derivative products
    * very little growth after a few months in the company
    * lots of vanity projects
    * expected to work 24/7 little bonuses no career opps (IT stigma, hard to sell to banks)
    * very disorganized
    * customer service shop

    Advice to Management

    Corporate culture shows distinctive lack of respect for employees, midlevel managers are very insecure. My boss decided he wanted to make my life difficult, so started sending me on half an hour meetings around the country, would scold me when I returned because he'd forgotten all about them.
    After a few months, lost all faith in the product, focus on fundamentals. How can anyone take you seriously if you can't price a call option right. Learn some stats.


  4. Helpful (1)

    "Very hard work and salary moves very little"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    learning, social relations, trainings, diversity, mobility

    Cons

    Long hours, very complex organisation, old code on some areas with difficult adaptation, wants to get everything, bonuses rebased completely and not attractive as before


  5. Helpful (2)

    "No Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Murex full-time (More than a year)

    Pros

    Gain some functional expertize and lot of travel

    Cons

    It is a customer support shop
    No Team work

    Advice to Management

    Focus on Product Management and Evolution rather than workarounds


  6. "Senior Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Murex full-time (More than 5 years)

    Pros

    Good Work Culture; Work Life Balance

    Cons

    No Career Growth, Hardcore Support Job


  7. Helpful (1)

    "Do not join the firm if you are not a fresh grad."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Beirut (Lebanon)
    Former Employee - Consultant in Beirut (Lebanon)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Murex full-time (More than 3 years)

    Pros

    Higher starting salary for fresh grads

    Cons

    Experience professionals do not progress as much when they join the firm

    Advice to Management

    Give more attention to how team managers are handling employees career development

  8. Helpful (4)

    "Not for Seniors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Beirut (Lebanon)
    Current Employee - Anonymous Employee in Beirut (Lebanon)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Murex full-time (Less than a year)

    Pros

    Good exposure
    Best for new comers

    Cons

    No defined Career Path
    Company not designed to handle Seniors or to establish long term career path and resource development

    Advice to Management

    Work on employee career vision or you are losing lots of human resources.


  9. Helpful (3)

    "Overwork. No clear career path. Many quit."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Singapore (Singapore)
    Current Employee - Consultant in Singapore (Singapore)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Murex full-time (More than 3 years)

    Pros

    Murex skills are in demand. Good benefits although many were cut recently. Salary slightly above average but cannot compared to same role in banks, maybe better job security than banks.

    Cons

    People are overworked, no work life balance. Flat structure with no clear career path and growth opportunity. Performance review and bonus are arbitrary. Good performers are punished with heavier workload. "Best" advice from manager "Just have to stay long enough until your turn"

    Advice to Management

    Top 9 reasons employees quit
    1. They Overwork People
    2. They Don’t Recognize Contributions and Reward Good Work
    3. They Don’t Care about Their Employees
    4. They Don’t Honor Their Commitments
    5. They Hire and Promote the Wrong People
    6. They Don’t Let People Pursue Their Passions
    7. They Fail to Develop People’s Skills
    8. They Fail to Engage Their Creativity
    9. They Fail to Challenge People Intellectually


  10. Helpful (1)

    "A conservative company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development in Singapore (Singapore)
    Former Employee - Business Development in Singapore (Singapore)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Murex full-time (More than 5 years)

    Pros

    Interaction with smart people and pay is generally slightly higher than elsewhere. Organize jamboree once yearly to bring everyone in the region together to build cohesiveness and team work

    Cons

    glass ceiling for employees not within the circle of trust. long working hours expected

    Advice to Management

    embrace trust and empowerment of employees


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