Murex Business Analyst (London Area)

Risk Consultant, Murex, 6+ months,

My client, a large financial services organisation, is embarking on the implementation of a risk and regulatory project on Murex.

They are looking for a Risk consultant who is skilled on both Market and Credit Risk to join them as soon as possible.

Primary responsibility :-

• Will be to function as a Risk Consultant for these projects across IT and business.

• The role requires hand-on experience on risk modules such as Scenario Definition, MRE, ERM, Datamart processes and market data configurations.

• The role will also require good technical skills such as SQL, shell scripting, ANT scripting and creating tasks on schedulers such as Control-M or Autosys

This will be inside IR35, Hybrid London and they’re ideally looking for the following skills :-

M arket Risk

• Have in-depth understanding of VaR with hands-on implementation experience.

• Good understanding of other key market risk concepts such as expected shortfall, stressed VaR, stress test, scenario analysis

Credit Risk

• An in-depth understanding of credit risk measures such as exposures with at least 5-8 years of hands-on implementation experience.

• Good understanding of other key credit risk concepts such as PFE, xVA, compliance rules and collateral management

• Functional knowledge of different financial products and valuation methodologies covering various asset classes, e.g., vanilla IRS, CCS, FX Forward etc.

• Exposure to and understanding of different regulatory regimes, Basel 2, Basel 2.5, Basel 3, SA-CCR, SIMM, FRTB-xVA etc. that address credit risk.

• Strong technical knowledge of credit risk system implementation. Exposure to platforms like Murex (MLC), Markit, Calypso, Finastra etc. will be an advantage.