Murex Production Support (Risk)

Luxoft; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player in the banking sector is seeking a skilled Murex Risk Consultant to enhance their risk management capabilities. This role involves managing both Credit and Market Risk related vendor deliveries, providing technical configuration support, and ensuring quality assurance during deployments. The ideal candidate will have extensive experience in Murex, particularly in credit risk, and will be adept at handling regulatory reporting issues and validations. Join a dynamic team dedicated to driving innovation and excellence in financial services, where your expertise will significantly contribute to the organization's success.

Qualifications

• 8-10 years of experience in Murex support and credit risk.
• Strong knowledge in regulatory reporting and VAR methodologies.

Responsibilities

• Manage Credit Risk & Market Risk vendor deliveries and technical support.
• Coordinate with vendors on bug fixes and ensure quality deployment.
• Support users with application access and best practices.

Skills

Murex

Murex support experience in credit risk/MLC

PFE/CVA/SACCR implementation

Regulatory reporting issues

VAR

Limit validations

Murex Market risk experience

Job description

Project description

A leading bank in Riyad is looking for a Murex Risk Consultant for their support activities. Looking for a credit risk Murex/MLC developer with strong functional knowledge.

Responsibilities

1. Manage both the Credit Risk & Market Risk related vendor deliveries, technical configuration support, and closure.
2. Coordinate with vendor for reported bugs, track fixes, deploy re-test, and ensure quality on the technical deployment.
3. Support users with SIT, UAT application access, best practices, limitations, etc., and securing sign off.
4. Handle the new developments/minor CRs which can be handled internally.
5. Enhancements related to VAR, Scenarios, Performance Attributions, etc., will be required post Go Live, which needs technical support.
6. Ensure the Static Data configurations, required methodology documentations, valuations, etc., are meeting user expectations as part of implementation.
7. Regulatory reporting issues, breaches, exposures, Limit validations, ALGO - Mx sync, etc., to be supported promptly and addressed.

SKILLS

Must have

• Murex
• Murex support experience in credit risk/MLC
• Minimum 8 to 10 years of experience
• Experience in implementing PFE/CVA/SACCR is a must have experience
• Regulatory reporting issues, VAR, Limit validations

Nice to have

• Murex Market risk experience