Lead Murex Market Risk System Analyst
Summary
Leads analysis and support for a bank’s Murex-based market and credit risk systems, including FRTB IMA implementation, VaR, stress testing, and regulatory reporting.
Project description
Our customer is a Leading bank headquartered in Singapore implementing a front to back integrated platform for straight through processing and risk management. This is a multi-year initiative where different projects run in concurrence across streams including: new product initiatives, new entity roll-outs and regulatory compliances. The project you will be working on is a multi-year initiative looking to implement market-risk FRTB IMA for the customer. This project is a great opportunity for the successful candidate to gain or extend in-depth knowledge on FRTB IMA.
Responsibilities
- 1. Business & Functional Analysis
- Gather, analyse, and document business requirements related to Market Risk and Credit Risk systems.
- Conduct impact assessments and feasibility studies for new initiatives and system enhancements.
- Translate business requirements into detailed functional specifications.
- Support solution design discussions with business and technical stakeholders. 2. Market Risk Analysis
- Analyse and support Market Risk processes including: - Value at Risk (VaR) - Stress Testing - Sensitivity Analysis - Risk Exposure Reporting
- Validate risk calculations and reporting outputs. 3. Credit Risk Analysis
- Support Credit Risk solutions including: - Counterparty Credit Risk - Exposure Management - Limit Monitoring - Credit Risk Reporting
- Analyse and validate risk data and business rules. 4. Murex Risk Platform Support
- Work with Murex Risk modules covering: - Market Risk - Credit Risk
- Support system enhancements, configuration changes, and issue resolution.
- Coordinate with development teams during implementation and testing phases. 5. Data Analysis & Reporting
- Perform data validation, reconciliation, and root cause analysis.
- Develop and execute SQL queries for data analysis and reporting validation.
- Support regulatory and management reporting requirements. 6. Testing & Release Support
- Prepare test scenarios and test cases.
- Support SIT, UAT, and regression testing activities.
- Validate implemented solutions against business requirements. 7. Stakeholder Management
- Collaborate with Risk, Treasury, Front Office, Operations, and Technology teams.
- Provide functional clarifications and status updates.
- Support issue resolution and change management processes.
SKILLS
Must have
- More than 9 years of experience in Risk Systems Analysis
- Strong hands-on experience with: - Murex Market Risk - Murex Credit Risk
- Strong knowledge of: - VaR (Value at Risk) - EWRS - MLC - Credit Risk Management
- Strong business knowledge of risk management processes and financial products
- Experience in requirements gathering, impact analysis, and functional documentation
- Strong SQL and data analysis skills
- Experience supporting SIT, UAT, and production releases
- Excellent stakeholder management and communication skills
Nice to have
NA