Murex Market Risk Lead

Project details
Our customer is a Leading bank headquartered in Singapore implementing a front to back integrated platform for straight through processing and risk management.

This is a multi-year initiative where different projects run in concurrence across streams including: new product initiatives, new entity roll-outs and regulatory compliances.

The project you will be working on is a multi-year initiative looking to implement market-risk FRTB IMA for the customer.

This project is a great opportunity for the successful candidate to gain or extend in-depth knowledge on FRTB IMA.

Responsibilities
1. Business & Functional Analysis

. Gather, analyse, and document business requirements related to Market Risk and Credit Risk systems.

. Conduct impact assessments and feasibility studies for new initiatives and system enhancements.

. Translate business requirements into detailed functional specifications.

. Support solution design discussions with business and technical stakeholders.

2. Market Risk Analysis

. Analyse and support Market Risk processes including:

- Value at Risk (VaR)

- Stress Testing

- Sensitivity Analysis

- Risk Exposure Reporting

. Validate risk calculations and reporting outputs.

3. Credit Risk Analysis

. Support Credit Risk solutions including:

- Counterparty Credit Risk

- Exposure Management

- Limit Monitoring

- Credit Risk Reporting

. Analyse and validate risk data and business rules.

4. Murex Risk Platform Support

. Work with Murex Risk modules covering:

- Market Risk

- Credit Risk

. Support system enhancements, configuration changes, and issue resolution.

. Coordinate with development teams during implementation and testing phases.

5. Data Analysis & Reporting

. Perform data validation, reconciliation, and root cause analysis.

. Develop and execute SQL queries for data analysis and reporting validation.

. Support regulatory and management reporting requirements.

6. Testing & Release Support

. Prepare test scenarios and test cases.

. Support SIT, UAT, and regression testing activities.

. Validate implemented solutions against business requirements.

7. Stakeholder Management

. Collaborate with Risk, Treasury, Front Office, Operations, and Technology teams.

. Provide functional clarifications and status updates.

. Support issue resolution and change management processes.

Requirements
. More than 7 years of experience in Risk Systems Analysis

. Strong hands-on experience with:

- Murex Market Risk

- Murex Credit Risk

. Strong knowledge of:

- VaR (Value at Risk)

- EWRS

- MLC

- Credit Risk Management

. Strong business knowledge of risk management processes and financial products

. Experience in requirements gathering, impact analysis, and functional documentation

. Strong SQL and data analysis skills

. Experience supporting SIT, UAT, and production releases

. Excellent stakeholder management and communication skills