Role Summary
Our client is seeking an experienced Murex Credit Risk Consultant to support the implementation, enhancement, integration, and production support of the Murex Credit Risk platform. This role typically combines functional, technical, and business analysis responsibilities.
In this role, you will work closely with Credit Risk, Market Risk, Front Office, Middle Office, Risk Management, and Technology teams to deliver credit risk solutions covering counterparty exposure, collateral management, limits monitoring, XVA, and regulatory reporting. You will participate in new implementations, upgrades, BAU support, and strategic transformation initiatives while ensuring that credit risk calculations and regulatory requirements are accurately implemented within the Murex platform.
Key Responsibilities
Functional Responsibilities
Configure and support Murex Credit Risk modules.
Analyze business requirements from Credit Risk and Trading teams.
Configure counterparty risk calculations.
Support Credit Exposure calculations including:
o Current Exposure
o Potential Future Exposure (PFE)
o Expected Exposure (EE)
o Expected Positive Exposure (EPE)
Configure collateral and margining workflows.
Support CSA agreements and collateral optimization.
Configure credit limits and monitoring.
Implement wrong-way risk methodologies.
Support settlement risk calculations.
Configure netting agreements.
Validate exposure calculations with business users.
Produce Functional Specification Documents (FSD).
Produce Business Requirement Documents (BRD).
Conduct User Acceptance Testing (UAT).
Prepare test cases and reconciliation reports.
Support production incidents.
Technical Responsibilities
Configure Murex workflows.
Develop SQL queries.
Analyze Oracle database data.
Support batch processing.
Analyze performance issues.
Support upgrades and migrations.
Coordinate deployment activities.
Work with developers on bug fixes.
Review technical designs.
Risk Management Responsibilities
Support implementation of:
Counterparty Credit Risk
Credit Limits
Exposure Aggregation
Netting Agreements
Collateral Management
Project Responsibilities
Participate in end-to-end Murex implementation projects.
Work with Front Office, Risk, Operations, Finance, and IT.
Gather requirements.
Conduct workshops.
Perform gap analysis.
Prepare solution designs.
Execute SIT/UAT support.
Support production cutover.
Deliver post-production support.
Our Ideal Candidate
Has a Bachelor's Degree in Computer Science/ Information Technology/ Engineering/ Mathematics/ Finance/ Financial Engineering or similar field
Has at least 5 years of work experience in end-to-end Murex implementation across Murex MX.3, Credit Risk Module, Counterparty Risk, Exposure Management, Credit Limits, Collateral Management, Margining
Has at least 3 years of experience in Credit Risk implementation/support
Has exposure to banking functions such as Treasury, Capital Markets, Trading Operations, Middle Office and Risk Management, preferably from global investment banks
Has knowledge in Financial Products and Risk such as Counterparty Credit Risk (CCR), SA-CCR and Credit Limits
Has handled Murex Upgrade/ Migration / Integration Projects in Agile / Scrum capacity
Has hands-on experience with SQL, Oracle Database, UNIX/Linux, Shell Scripting and XML
Has excellent analytical/ problem-solving skills
A leader with effective stakeholder management and presentation and documentation skills
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