Murex Risk Lead Market Credit Risk
The candidate should have expertise in risk methodologies, financial products, and regulatory frameworks, with a strong technical background in risk platforms such as Murex, Calypso, and Finastra. Responsibilities Act as a Risk Consultant for the bank/s risk and regulatory projects, covering both Market and Credit Risk.Implement and configure risk modules, including Scenario Definition, MRE, ERM, Datamart processes, and market data configurations for Market Risk.Work with risk modules related to MLC, Limits Management, MLC formulas, LRB, Limits Engine Configuration, and Excess Management for Credit Risk.Provide hands-on implementation and troubleshooting support for risk systems.Collaborate with IT teams, infrastructure, and external consultants to deliver robust risk solutions.Participate actively in all project lifecycle phases, from build, unit testing, UAT, regression testing to deployment.Ensure compliance with regulatory frameworks such as Basel 2, Basel 2.5, Basel 3, SA-CCR, SIMM, and FRTB.Develop SQL scripts, shell scripting, ANT scripting, and create task automation using schedulers like Control-M or Autosys.Engage with business users, project managers, and technical leads, ensuring smooth communication and expectation management.
Skills Must have 6+ years experience in Murex Risk Market Risk:In-depth understanding of VaR with hands-on implementation experience.Knowledge of expected shortfall, stressed VaR, stress tests, and scenario analysis.Expertise in financial products and valuation methodologies across various asset classes (IRS, CCS, FX Forward, etc.).Experience with market risk regulatory requirements (Basel 2/2.5/3, FRTB, etc.).Strong technical knowledge of market risk system implementation, preferably on Murex, Calypso, or Finastra.Excellent problem-solving skills to debug issues and identify root causes efficiently.Effective communication skills to explain technical concepts to non-technical users.Credit Risk:Deep understanding of credit risk measures such as exposures, PFE, xVA, compliance rules, and collateral management.Experience in credit risk regulations (Basel 2/2.5/3, SA-CCR, SIMM, FRTB-xVA, etc.).Proficiency in risk system implementation, with expertise in platforms like Murex (MLC), Markit, Calypso, or Finastra.Strong grasp of financial products and valuation methodologies.Good technical skills, including SQL, shell scripting, and job scheduling with Control-M or Autosys.Expertise in MLC (Murex Limits Controller) and its configuration.Ability to work collaboratively with cross-functional teams and business stakeholders.Nice to have Prior experience working with regulatory risk projects in global banking environments.Exposure to cloud-based risk management solutions.Strong analytical mindset with a keen interest in learning new risk methodologies.Knowledge of Python or other programming languages for risk data analysis.