Project Description:
- One of our clients (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:
- Prime role is to act as a Risk Consultant Lead for upgrade project across IT and the business.
- Lead the requirement understanding to design and implementation of the market risk module in Murex (VaR, sensitivities, stress testing, etc.).
- Lead the delivery of market risk workstreams in implementation or upgrade projects.
- Track and report on milestones, risks, and dependencies.
- Work with different IT teams across infrastructure, and other divisions to deliver system solutions for the business.
- Strong knowledge of market risk measures (VaR, sensitivities, stress tests).
- Understanding of risk regulation and internal risk frameworks.
- Hands-on experience with Murex Market Risk modules (VAR cube, dynamic simulation, MxRisk).
- Familiarity with financial products: IRD, FXD, EQD, CRD, Commodities.
- Build a strong relationship and manage expectations with users and stake holders.
- Candidate is expected to be fully hands-on when managing his assigned tasks and while acquiring the necessary skills as expected of his role and responsibilities. An independent worker who can multi-tasks is a must have quality.
- It would involve Build, Test & Recon of Market Risk views, Stress Test Reports.
- Ensure timely delivery of all market risk configurations and documentation.
Mandatory Skills Description:
- 10+ years of experience in Murex Market Risk is required.
- Good knowledge on VaR, Stress testing, back testing.
- Good knowledge and hands on experience on MRE, MRA, ERM & Market data configuration, Debugging and development, scenario generation.
- Good hands on experience on relevant technical skills (SQL, Shell Scripting, Python and Ant Scripts).
- Hands-on business analysis role to analyse, process changes and functional requirements.
- Good technical background.
- Team player with good communication & inter-personal skills.
- Candidate must have strong verbal and written communication skills.
- Murex upgrade experience.
Nice-to-Have Skills Description:
- Understanding of Trade Life Cycle.
