Murex ERM Consultant

Bounteous; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Bounteous is seeking a Murex ERM Risk Consultant in Toronto, Canada. The ideal candidate will have over 3 years of experience in Market Risk, Credit Risk/MLC, and xVA, along with technical skills in SQL and experience with MX.3 ERM modules. This role will involve delivering ERM risk changes, managing requirements, and collaborating with stakeholders to ensure effective solutions. The position also requires solid documentation skills and experience with Agile methodologies. Join our team to impact risk management strategies.

Qualifications

• 3+ years’ relevant experience across ERM: Market Risk, Credit Risk/MLC, and xVA.
• Previous experience with MX.3 ERM modules such as MLC or XVA; MRB is a must.
• Testing lifecycle experience: FIT, UAT, regression, and defect management.

Responsibilities

• Deliver ERM risk changes in a techno-functional capacity.
• Discuss and document requirements with end users and stakeholders.
• Resolve BAU production and release issues.

Skills

Technical skills in SQL

Exposure to VaR

Experience with Jira

Strong documentation skills

Development skills in MxML

Tools

Oracle

SQL Server

Git

Job description

We are seeking a Murex ERM Risk Consultant to join our growing team. This role owns change requirements and enhancements across the Murex ERM Risk domain (Market Risk, Credit Risk/MLC, and xVA), working with stakeholders to take requirements from inception through to production delivery.

Requirements

• 3+ years’ relevant experience across ERM: Market Risk, Credit Risk/MLC, and xVA.
• Previous experience with MX.3 ERM modules such as MLC or XVA; MRB is a must.
• Technical skills in SQL, XML, Unix, and Scripting.
• Exposure to VaR, Greeks, sensitivities, stress testing, and risk P&L attribution.
• Asset class coverage: Money Market, Fixed Income, FX, and IR Derivatives.
• Experience with XVA / MLC requirements in an ERM risk context.
• Strong documentation skills; translate business needs into functional requirements.
• Testing lifecycle experience: FIT, UAT, regression, and defect management.
• Solid SQL skills with Oracle and/or SQL Server fundamentals.
• Working knowledge of CI/CD delivery practices and tooling.
• Experience working with Jira and Agile SDLC.
• Exposure to Git; familiarity with release and version control practices.
• Development skills in MxML / Datamart (DM) or other Murex modules.

Key Responsibilities

• Deliver ERM risk changes (Market Risk, Credit Risk/MLC, and xVA) in a techno-functional capacity from development through to production.
• Independently discuss, clarify, and document requirements with end users and stakeholders. Perform analysis, effort estimation, solution design, development, and unit testing for changes.
• Resolve BAU production and release issues and work with QA to ensure timely defect remediation.
• Drive solution design discussions and mentor or train junior team members while maintaining end-to-end ownership.
• Support release activities including deployment planning, regression coordination, cutover readiness, and post-release validation/hypercare.
• Perform data analysis and reconciliation to validate risk outputs (VaR, Greeks/sensitivities, stress results) and support investigation of control breaks.
• Liaise with Front Office, Risk, Finance, and Operations to ensure downstream impacts are understood, documented, and addressed through delivery.
• Contribute to continuous improvement by enhancing documentation, runbooks, and support processes to improve production stability and delivery quality.