Murex Production Support (Market Risk +EOD), Riyadh, Saudi Arabia

Luxoft; Riyadh; On-site; SAR 360,000 - 540,000; Full time

Job summary

Luxoft is seeking an experienced Murex production support consultant in Saudi Arabia to handle environment end of day and market risk activities. You will troubleshoot EOD workflows, support VaR, SIMM, and FRTB calculations, and coordinate with vendor deliveries for risk architecture.

Responsibilities include front-line triage, root cause analysis, and Level 2 support for EOD issues, data feeds, and infrastructure-related failures.

Qualifications

• Must have 8–12 years total experience in financial services products.
• Murex Production Support experience is mandatory.
• Deep domain knowledge of trade life cycle across Forex, Derivatives, FI and Money Markets.
• 5–10 years in Murex market risk management and 3–5 years in Murex Environment.
• Experience with VaR, SIMM, and FRTB in a production setting.
• Proficiency with Murex EOD architecture and end-to-end processes.
• Knowledge of scheduling tools like Control-M and Autosys.
• Strong SQL and DB fundamentals for performance tuning and data checks.

Responsibilities

• Troubleshoot and resolve daily production issues related to Market Risk calculations and VaR.
• Manage Market Risk related vendor deliveries, support and closure.
• Support Murex Risk Architecture and MRE to ensure accurate VaR and stress testing.
• Provide frontline triage, root cause analysis, and remediation of risk calculation/workflow failures.
• Provide Level 2 support for all EOD issues and close recurring problems.
• Perform EOD operations, test runs, and troubleshoot failures in EOD processes.

Skills

Murex Production Support

VaR SIMM FRTB

EOD architecture

DB fundamentals SQL

Troubleshooting RCA

Vendor management

Control-M Autosys

Trade life cycle knowledge

Tools

Control-M

Autosys

Job description

Large bank in Saudi is looking for Murex production support consultant for environment end of day and market risk activities. It's a technical production support on risk and EOD.

Responsibilities

• Troubleshoot and resolve daily production issues related to Market Risk calculations, Value at Risk (VaR), stress testing, and P&L attribution frameworks.
• Manage Market Risk related vendor deliveries, support and closure.
• Support Murex Risk Architecture (MRA) and Murex Risk Engine (MRE), ensuring accurate Value at Risk (VaR), stress testing, and sensitivities (Delta, Gamma, Vega) generation.
• Provide front-line support, triage production issues, perform root cause analysis, and remediate risk calculation or workflow failures
• Provide Level 2 Support for all EOD issues and making sure repeated issues are closed via problem management.
• Perform EOD, create job, test run and test flow of EOD, troubleshoot issues related to failures during EOD, any user/trader issues, system failures and infrastructure issues.
• Fix EOD issues, resolve issues like DataMart feeder failures, market data failure, user session running slow or session crashes and accounting EOD failures etc and escalated to Infrastructure teams.
• Coordinate with vendor for reported bugs, track fixes, deploy re-test and ensure quality on the technical deployment. Liaise with to run diagnostics and troubleshooting for EOD issues.
• Perform sanity checks in Murex UI such as workflows, real time data etc.
• Perform ad hoc operational requests such as generating of on demand reports, file transfer, housekeeping activities

Skills

Must have

• 8 to 12 years of total experience,
• Murex Production support experience is a must.
• Good domain knowledge and in depth understanding on trade life cycle of various asset classes including Forex, Derivatives, Fixed Income and Money Market.
• 5-10 years of experience in Murex market risk management and 3-5 years of experience in Murex Environment.
• Murex Market risk experience, including VaR, SIMM, and FRTB.
• Proficient with murex EOD architecture, key services and end to end process.
• Knowledge of Scheduling tool such as control M, Autosys
• Knowledge of DB fundamentals such as query plan, SQL, indexing.

Nice to have

• Datamart Dynamic tables/Feeders/batch Configuration, scanner templates, processing script definition