Senior Murex Risk consultant

The project focuses on the implementation and enhancement of Market Risk solutions within the Murex platform for a financial institution. The objective is to support market and credit risk processes through technical configuration, customization, and maintenance of Murex risk modules, aligned with business and regulatory requirements.
This role is strongly technical, involving risk engine configuration, data validation, system integration, and troubleshooting.
The position requires close collaboration with Front Office, Risk Management, and IT teams to deliver stable, high-quality solutions, with a strong emphasis on accuracy, data integrity, regulatory compliance, and system performance.

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

Perform technical analysis and validation of Market Risk metrics, including VaR, sensitivities, stress testing, P&L explain

Translate business requirements into Murex technical configurations and system solutions

Configure, maintain, and optimize Murex 3.x risk modules and calculation engines

Execute end-to-end integration testing, including validation and reconciliation of risk results

Support UAT from a technical perspective, including troubleshooting and defect resolution

Ensure data completeness, integrity, and reconciliation controls across Market Risk processes

Investigate and resolve production issues, performing root cause analysis and implementing technical fixes

Contribute to system stability, performance improvements, and calculation optimization

Support risk reporting processes

Collaborate with Front Office, Risk, and IT stakeholders to deliver robust solutions

Handle requests and queries from Market Risk users, providing functional support and issue resolution

Actively contribute to ongoing projects and initiatives

Skills

Must have

Minimum 8 years of hands-on Murex experience, with a strong technical focus

Proven expertise in Murex 3.x architecture, including configuration, data model, risk engine components

Solid experience with Market Risk metrics, their validation and troubleshooting

Strong understanding of the end-to-end VaR calculation process, including Full Revaluation and Taylor approximation methods

Strong knowledge of data integrity controls, completeness checks, and reconciliation processes

Hands-on experience in end-to-end integration testing, risk result validation and reconciliation, including MRB config

Ability to perform technical analysis, reporting, and investigation within risk-related projects

Experience supporting Market Risk users

Nice to have

Skills in SQL, Python, or Big Data environments

Strong Excel skills (data handling, analysis)

Proactive, self-driven mindset with strong ownership

Ability to work independently

Strong team collaboration and stakeholder coordination skills

Other

Languages

English: B2 Upper Intermediate

Seniority

Regular