Murex Credit Risk Lead

Project Description:

One of our client (a leading bank of Singapore) is undertaking a strategic upgrade of its Murex MX.3 platform to enhance system resilience, support new product capabilities, and align with evolving regulatory and operational requirements.

This initiative includes upgrading from version 3.1.42.48b to 3.1.6x.x, onboarding the EQA and OSP Excess modules, and implementing comprehensive reconciliation, testing automation, and governance frameworks.

Responsibilities:

Understand requirements and prepare solution design document

Participate in MLC configuration and development

Help in implementing New and Amendment of risk formulae as per the business requirement.

Create and Enhance LTS LRB Task

Build/Maintain MLC Datamart Reports

Scripting for EOD jobs

Trade life cycle and workflow enhancement (where required)

Prepare documentation of the changes

Perform SIT and regression testing.

Support user testing (UAT) phase

Support release activities

Support for post-deployment activities

Lead the technical upgrade of Murex MLC components, ensuring minimal disruption to business operations.

Perform impact analysis on existing configurations, workflows, and reports.

Coordinate with Murex vendor and internal teams for patching, hotfixes, and version-specific enhancements.

Requirements

10+ years of experience in Murex Credit Risk report development

Experience in Murex Development

Experience in Simulation-based Reports and Risk Matrix-based reports, complex reports would be required

Good exposure dynamic tables, pre and post filters, feeders, batch of feeders, extractions, reporting tables, and processing scripts

SQL based reports and extractions

Optimization of feeders and reports would be an advantage

Ability to work proactively, independently when necessary, and display strong initiative.

MLC configuration and development

Implementing New and Amendment of risk formulae as per the business requirement

Creating and Enhancing LTS LRB Task

Building/Maintaining MLC Datamart Reports

Scripting for EOD jobs

Trade life cycle and workflow enhancement (where required)

Documentation of the changes

Murex upgrade experience