Murex Market Risk Consultant

Location: Bengaluru

Candidate should possess an 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.
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, FRTB etc. that address market risk.

Strong technical knowledge of market risk system implementation.
Exposure to platforms like Murex, Calypso, Finastra etc. will be an advantage.
Strong and effective communication skills handling various stakeholders such as business users, project managers, team leads.
Candidate should be able to describe technical topics to non-technical users effectively.
Candidate should display good problem-solving skills, i.e., debug an issue quickly and resourcefully to identify the root cause by working with other teams.
Candidate should also be a keen learner willing to explore the system and identify solutions in the absence of clear documentation.

Job Description

The role is for a leading bank in the region who are embarking on implementation of risk and regulatory projects on Murex.
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
Work alongside different IT teams, Infrastructure, consultants of other systems to deliver solutions for the business.
All phases of the project lifecycle, from build, unit testing, UAT, regression testing until deployment will require active involvement from the consultant.
Build strong relationship and manage expectations of users and other stakeholders.