Murex Techno Functional Engineer(SME) _ Exp: 10+ Years

Atyeti Inc; Pune District; On-site; INR 2,500,000 - 3,800,000; Full time

Job summary

Atyeti Inc in Pune, India seeks a hands-on Murex Techno-Functional Engineer with strong Market Risk expertise to act as the primary SME for Murex MX.3 configurations, risk calculations, and regulatory reporting.

The role demands 8+ years in Murex Market Risk, MRE/MLC modules, VaR and stress testing, plus scripting (Python/Shell) and batch optimization. You will drive automation, support production, and liaise with Risk, IT, and Traders to meet SLAs.

Qualifications

• 8+ years of Murex Market Risk experience.
• Proficiency in VaR modeling, stress testing and scenario generation.
• Hands-on configuration of Murex Market Risk modules (MRE, MLC, Risk Reporting, Datamart, S4C).
• Experience with FX, Fixed Income, Equities, Commodities and Derivatives risk.
• Strong Linux/Unix, scripting, and performance analysis skills.
• Ability to translate risk methodologies into Murex configurations.

Responsibilities

• Act as SME for Murex MRE and MLC; configure risk calculations and reports.
• Design and optimize Murex EOD batch workflows; monitor risk calculations and PnL.
• Develop automated batch monitoring with real-time alerts; drive automation.
• Support Murex architecture in production and non-production environments; incident troubleshooting.
• Collaborate with Risk Managers, Traders and IT; ensure regulatory reporting.

Skills

Murex Market Risk

VaR modeling

Stress testing

Scenario generation

Linux/Unix

Shell scripting

Python

Automation

Batch processing

Stakeholder management

Education

Master's degree in Finance, Mathematics, Engineering, or related field

FRM/PRM or CFA designation

Tools

MxML Reports

Murex Datamart

Control-M

Autosys

Tidal

Azure

AWS

Job description

We are seeking a hands-on Murex Techno-Functional Engineer with strong Market Risk expertise to act as the primary SME for Murex Market Risk (MLC/MRE) configurations, risk calculations, and regulatory risk reporting. The ideal candidate will combine deep Market Risk domain knowledge (VaR, Stress Testing, FRTB, sensitivities, and limits management) with hands-on Murex MX.3 technical expertise. The role includes optimizing Market Risk EOD processing, supporting production operations, troubleshooting risk calculation issues, and driving automation and platform improvements.

Key Responsibilities:

• Serve as the primary SME for Murex MRE (Market Risk Engine) and MLC (Limits Controller) modules.
• Configure and maintain Market Risk calculations, including VaR, Stress Testing, and xVA.
• Manage risk matrices, scenario definitions, and exposure calculation methodologies.
• Design MLC reports, LRB tasks, and Datamart risk reports with performance optimization.
• Support FRTB implementation, Basel III compliance, and regulatory risk reporting.
• Act as the primary interface between Market Risk stakeholders and technology teams, translating risk methodology and reporting requirements into Murex configurations and solutions.
• Design and optimize Market Risk EOD batch workflows to meet strict SLA requirements.
• Monitor and manage critical batch jobs, including Market Risk risk calculations, PnL generation, and regulatory reporting.
• Implement automated batch monitoring with real-time alerting for job failures and SLA breaches.
• Perform batch optimization to improve processing times.
• Establish parallel processing strategies for compute-intensive risk calculations.

Level 3 Production Support

• Develop and maintain scripts (Python, Shell) for automated health monitoring and log analysis.
• Support the existing Murex technical architecture across production and non-production environments.
• Conduct incident investigation, troubleshooting, and root cause analysis with timely escalation.

Technical Skills Required:

Core Murex Market Risk Expertise (8+ years mandatory experience)

• Extensive experience with Murex Market Risk Modules (MRE, MLC, Risk Reporting, Datamart, S4C) including hands-on configuration.
• Proficiency in VaR modeling, stress testing, and scenario generation across asset classes.
• Experience in developing and implementing risk formulas in the Murex environment.
• Expertise in Market Risk for FX, Fixed Income, Equities, Commodities, and Derivatives.

Technical Skills

Mandatory

• Hands-on experience with Murex Datamart configuration, MxML Reports, and batch optimization.
• Strong knowledge of Linux/Unix systems, system scripting, and performance analysis.
• Proficiency in scripting (Shell, Python) with a focus on automation and monitoring.

Preferred

• Database performance tuning for large-scale risk calculations and reporting.
• Advanced batch job monitoring using enterprise scheduling tools (Control-M, Autosys, Tidal).
• Experience with DevOps toolchains and cloud environments (Azure, AWS).

Functional and Risk Domain Awareness:

• Proficiency in VaR methodologies: Historical Simulation, Monte Carlo, Parametric with backtesting.
• Experience with stress testing frameworks and FRTB compliance implementation.
• Knowledge of interest rate, FX, equity, and commodity risk management and reporting.
• Expertise in options risk management, including Greeks calculations and sensitivity analysis.

Operations & Compliance

• Experience in regulatory reporting for Basel III, FRTB, SA-CCR compliance requirements.
• Collaboration with Risk Managers, Traders, and Compliance teams.
• Understanding of the trading lifecycle with a focus on risk controls and monitoring.
• Business continuity and disaster recovery planning for risk-critical systems.

Soft Skills and Attributes:

• Strong analytical mindset with a focus on risk measurement accuracy and SLA compliance.
• Crisis management capabilities for handling critical incidents during trading hours.
• Stakeholder management across Risk, Trading, IT, and Regulatory teams.
• Proactive approach to system optimization and preventive maintenance.
• Excellent communication skills for explaining risk concepts and technical solutions.
• Results-oriented with a commitment to meeting SLA targets and performance goals.

Preferred Qualifications:

• Master's degree in Finance, Mathematics, Engineering, or Quantitative fields.
• Risk management certifications (FRM, PRM) or CFA designation preferred.
• Deep Murex domain knowledge: S4C (risk calculations), MLC (limits management), PAC (pricing/risk).
• Murex technical certifications in Risk modules are highly valuable.