Job Title

Project description:We have been engaged by a large European Bank to provide experienced professionals for their Murex Market Risk program.The program focuses on delivering a robust risk management platform for Treasury Front Office, TMO, and Risk teams to effectively manage the bank's funding and market risk exposures. Team members are expected to bring deep expertise, drive change initiatives, and work closely with business stakeholders to ensure seamless delivery of enhancements and new functionalities.Responsibilities:Lead Market Risk enhancements and optimizations in the Murex platformIndependently engage with end users to gather, clarify, and document business requirementsOwn and drive the implementation of Murex Market Risk configurations and optimizationsOptimize existing risk methodologies and calculation formulas to improve performance and accuracyConduct impact analysis and validation of Market Risk measures (e.g., VaR, PV01, CR01, PnL vectors)Drive functional validations for Market Risk metrics and coordinate testing with end usersTroubleshoot, debug and resolve complex issues related to Market Risk computationsWork closely with cross-functional teams including Risk, Front Office, and IT to ensure seamless integration of risk measuresProvide guidance and mentorship to junior team membersContribute to process automation and continuous improvement of release cyclesSkills:8+ years of experience in Murex Market Risk moduleDeep expertise in Murex Market Risk Environment (MRE) moduleProven ability to develop, configure, and optimize Market Risk calculations independentlyExperience in configuring and running risk computations including reval runs, normalized runsStrong business stakeholder management skills, with experience in running risk measure validationsDeep understanding of asset classes including MM, Fixed Income, FX, and IR DerivativesExtensive hands-on experience in Market Risk functional validations (e.g., Interest Rate VaR, Stress Testing)Expertise in configuring and validating various Market Risk measures such as VaR, PV01, CR01, and PnL vectorsStrong analytical skills to explain differences in VaR results between Murex and other risk systemsSolid understanding of Oracle and/or SQL Server RDBMS, with strong SQL skills for data analysis and validationNice to have:Experience with Unix/Linux environments and scripting (Shell, Python, etc.)Exposure to GIT for version controlGood knowledge of CI/CD methodologies and toolsDevelopment skills in MxML, DataMart, or other Murex modulesUnderstanding of regulatory risk requirements (FRTB, Basel framework, etc.)