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- Tasks: Implement and enhance risk management solutions on the Murex platform for a financial institution.
- Company: Join a leading financial institution focused on innovative risk management.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Make a real impact in risk management while collaborating with diverse teams.
- Qualifications: Strong knowledge of VaR calculations and experience with the Murex 3.x platform.
- Other info: Dynamic work environment with a focus on teamwork and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
The project involved the implementation and enhancement of risk management solutions within the Murex platform for a financial institution. The main objective was to support market and credit risk processes by configuring, customizing, and maintaining Murex risk modules in line with business and regulatory requirements. Responsibilities included analysis of risk metrics such as VaR, sensitivities, stress testing, and P&L explain, as well as close cooperation with front office, risk management, and IT teams. The role required translating business requirements into Murex configurations, validating risk calculations, supporting UAT, and ensuring data quality and system stability. The project also covered troubleshooting production issues, optimizing risk calculations, and supporting reporting processes. Strong focus was placed on accuracy, regulatory compliance, and effective communication between technical and business stakeholders.
Responsibilities
- Knowledge of the end-to-end process for calculating VaR metrics using Full Revaluation and Taylor methods, including completeness and data-integrity analysis, as well as monitoring and reviewing the calculated figures.
- Knowledge of Market Risk Metrics.
- Proficiency with the Murex 3.x platform.
- Execution of end-to-end integration tests.
- Analysis and reporting of ongoing projects.
- Participation in projects and initiatives, including proposing improvements to the process.
- Handling requests and queries from Market Risk users.
Skills - Must have
- Strong knowledge of the end-to-end VaR calculation process, including Full Revaluation and Taylor approximation methods.
- Solid understanding of completeness checks and data integrity controls within Market Risk processes.
- Proven knowledge of Market Risk metrics and their practical application.
- Hands-on experience with the Murex 3.x platform.
- Experience in executing end-to-end integration testing and validating risk results.
- Ability to perform analysis and reporting for ongoing risk-related projects.
- Active participation in projects and initiatives, including proposing process and system improvements.
- Experience in handling requests and queries from Market Risk users, providing functional support and issue resolution.
- Strong analytical skills and attention to detail.
- Good communication skills in English.
Nice to have
- Proactive, curious individual with fast learning ability.
- Strong teamwork capability and coordination with peers.
- High degree of autonomy.
- Good tolerance for working under pressure.
- Effective communication.
- Knowledge of Market Risk and Financial Products.
- Medium-to-advanced Excel skills.
- Knowledge of SQL, Big Data, or Python is a plus.
Murex Risk Consultant employer: Luxoft
Contact Detail:
Luxoft Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Murex Risk Consultant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work with Murex or in risk management. Attend events, webinars, and meetups to make connections that could lead to job opportunities.
✨Tip Number 2
Show off your skills! Create a portfolio or a project that highlights your knowledge of VaR calculations and Murex configurations. This can be a great conversation starter during interviews and shows you’re proactive.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss how you’ve handled risk metrics and data integrity checks in past roles. We want to see your analytical skills in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Murex Risk Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Murex Risk Consultant role. Highlight your experience with VaR calculations, Murex 3.x platform, and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background makes you a great fit for our team. Don't forget to mention any specific experiences that relate to the job description.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, be sure to include examples of how you've used these skills in past roles. Whether it's through data analysis or problem-solving, we want to see your thought process in action!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Luxoft
✨Know Your Murex Inside Out
Make sure you’re well-versed in the Murex 3.x platform. Brush up on how to configure and customise risk modules, as well as the end-to-end VaR calculation process. Being able to discuss specific examples of your experience with Murex will show that you’re not just familiar with the platform, but that you can effectively use it to meet business and regulatory requirements.
✨Master the Risk Metrics
Get a solid grip on market risk metrics like VaR, sensitivities, and stress testing. Be prepared to explain how you’ve applied these metrics in past roles, and think about how you would approach data integrity checks and completeness analysis. This will demonstrate your analytical skills and attention to detail, which are crucial for the role.
✨Communicate Like a Pro
Since this role involves close cooperation with various teams, practice articulating complex technical concepts in simple terms. Think about how you would explain risk calculations or Murex configurations to someone without a technical background. Good communication skills can set you apart from other candidates.
✨Show Your Problem-Solving Skills
Be ready to discuss how you’ve tackled production issues or optimised risk calculations in the past. Prepare some examples that highlight your proactive approach and ability to work under pressure. This will showcase your capability to handle requests and queries from Market Risk users effectively.
