Market Risk SA

UOB; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

UOB in Malaysia seeks an experienced Murex ERM consultant to join the InnoHub2 team. You will work on the Murex VaR module within a modular risk platform, collaborating with infrastructure and risk stakeholders to ensure timely delivery and quality.

The ideal candidate holds a Bachelor’s degree in a related field and 4+ years of Murex market risk experience, including VaR, Greeks, and data models, with proven test-case development and upgrade project exposure.

Qualifications

• Bachelor’s degree in computer science, engineering or similar domain.
• Professional/technical qualification in related field is advantageous but not mandatory.
• 4+ years of experience in Murex Market risk domain (VaR, Greeks, sensitivities, stress-testing, attribution of risk P&L).
• Deep understanding of Murex VaR module (historical simulation, back testing, PL VaR).
• Experience in major upgrade projects in Risk domain.
• Experience in creating test cases for Mx.3 version.
• Experience in MRA is required.
• Familiarity with MRE is required.
• Good understanding of Murex VaR DataModel.
• Strong knowledge of Greeks and sensitivities and trade attributes used in Market Risk calculations.

Responsibilities

• As Murex ERM consultant, you will be part of the application development team for the Murex VaR module.
• Collaborate with IT teams across infrastructure and other divisions to deliver system solutions for the business.
• Build strong relationships and manage expectations with users and stakeholders.
• Oversee SA pool and align team to meet project requirements within budget and schedule.
• Plan, monitor and manage risks/issues related to functional delivery; own issues affecting delivery quality and timeline.
• Provide status updates related to technical delivery to PM/Program Manager.
• Own the delivery plan and escalate issues impacting schedule; propose and follow up on workarounds/resolutions.
• Manage stakeholders throughout the role and ensure governance; document and approve changes.

Skills

Murex Expertise

Market Risk Domain

Stakeholder Communication

Delivery Focus

Systems Development Experience

Education

Bachelor’s degree in computer science, engineering or similar domain

Professional/technical qualification advantageous

Tools

Mx.3

Murex VaR DataModel

MRA toolset

MRE toolset

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

About The Department

UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank’s growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

Job Responsibilities

• As Murex ERM consultant, candidate will be part of application development team for Murex VaR module

• Work with different IT teams across infrastructure, and other divisions to deliver system solutions for the business.

• Build a strong relationship and manage expectations with users and stake holders.

• Oversee SA pool and align team (including any system enhancements and upgrades) to meet project’s requirements within allocated budget and schedule.

• Plan, monitor and manage risks/issues related to Functional delivery. Take ownership of any issues that may impact the delivery quality and timeline.

• Provide status update related to technical delivery to TDM/Project Manager (PM)/ Program Manager.

• Own the delivery plan. Escalate issues that impacts project schedule on timely basis and propose workarounds/resolutions. Follow up on the proposed solution and fix the problem

• Manage stakeholders throughout the duration of the role. Ensure project governance is adhered to, any changes are documented and approved

• Education

• Bachelor’s degree in computer science, engineering or similar domain

Job Requirements

• Bachelor’s degree in computer science, engineering or similar domain
• Related professional/technical qualification will be advantageous although not mandatory
• 4+ Years of experience in Murex Market risk Domain (VaR, Greeks, Sensitivities Stress-testing and attribution of Risk P&L)
• Deep understanding of Murex VaR module (historical simulation, back testing, PL VaR)
• Experience in major upgrade project in Risk domain.
• Experience in creating test cases Mx.3 version
• Experience in MRA is required
• Familiarity with MRE is required.
• Good understanding of Murex VaR DataModel
• Deep understanding of Greeks and sensitivities and trade attributes commonly used for Market Risk calculations
• Fluent in using simulations and viewers
• Strong business domain knowledge in Global Markets and Group Risk
• Experience in communicating with functional and technical stakeholders
• Experience in banking industry preferred
• Experience in implementing large-scale, highly available applications or another large project implementation
• Experience in service-oriented technologies
• Proven result-oriented person with a focus on delivery
• Experience in actual systems development work, with prior coding, functional specifications and technical specifications and systems development and testing experience
• Good understanding and experience in software development cycle
• Highly effective communicating with technical stakeholders, proficient communicating with non-technical stakeholders

Additional Requirements

Be a Part Of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate’s age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.