Murex Production Support (Risk)

Luxoft; Riyadh; On-site; SAR 243,000 - 357,000; Full time

Job summary

A leading bank in Riyadh is seeking a Murex Risk Consultant with extensive experience in credit risk and Murex development. This role involves managing vendor deliveries, coordinating technical support, and ensuring compliance with regulatory requirements. Ideal candidates will have strong knowledge in implementing risk metrics like PFE and CVA, alongside a robust track record in Murex support.

Qualifications

• Minimum 8 to 10 years of relevant experience.
• Strong functional knowledge as a credit risk Murex/MLC developer.
• Experience implementing PFE, CVA, SACCR.

Responsibilities

• Manage vendor deliveries related to Credit Risk & Market Risk.
• Coordinate with vendors for bug fixes and ensure quality during deployment.
• Support users with SIT, UAT application access and best practices.
• Handle new developments and minor Change Requests.

Skills

Murex support

Credit risk/MLC

Implementing PFE

CVA

SACCR

Regulatory reporting

VAR

Limit validations

Job description

Project description

A leading bank in Riyadh is seeking a Murex risk consultant to support their activities. The ideal candidate will have strong functional knowledge as a credit risk Murex/MLC developer.

Responsibilities

1. Manage vendor deliveries related to Credit Risk & Market Risk, including technical configuration support and closure.
2. Coordinate with vendors for reported bugs, track fixes, deploy re-tests, and ensure quality during technical deployment.
3. Support users with SIT, UAT application access, best practices, limitations, and securing sign-off.
4. Handle new developments and minor Change Requests internally.
5. Provide technical support for post-Go Live enhancements related to VAR, Scenarios, Performance Attribution, etc.
6. Ensure Static Data configurations, methodology documentation, and valuations meet user expectations during implementation.
7. Promptly support and address regulatory reporting issues, breaches, exposures, limit validations, ALGO - Mx sync, etc.

Skills

Must have

• Experience with Murex support in credit risk/MLC
• Minimum 8 to 10 years of relevant experience
• Experience implementing PFE, CVA, SACCR
• Knowledge of regulatory reporting issues, VAR, and limit validations

Nice to have

• Murex Market Risk experience