Murex Technical Risk SME/Subject Matter Expert, English speaking

Murex Technical Risk SME/Subject Matter Expert, English speaking

Working conditions: Working remote, presence on-site 2 days per week Nicosia, Cyprus

WORK PERMITS CAN BE ORGANISED IF REQUIRED

Murex Technical Risk SME

Key Skills

The ideal candidate will have:

• Ten or more years of Murex experience, with extensive hands-on MLC and MRE configuration
• Proficiency in VaR modelling (historical simulation, Monte Carlo, parametric), backtesting and stress testing across asset classes
• Market risk expertise across FX, Fixed Income, equities, commodities and derivatives, including options risk, Greeks and sensitivity analysis
• Strong Linux/Unix knowledge, including system Scripting and performance analysis
• Batch monitoring and scheduling using enterprise tools (Control-M, Autosys, Tidal)
• Hands-on Datamart configuration, MxML reports and batch optimisation
• Exposure to DevOps toolchains and cloud environments (AWS, Azure)
• Regulatory reporting under Basel III, FRTB and SA-CCR
• Trading life cycle knowledge with a focus on risk controls and monitoring
• Strong analytical mindset with a focus on risk measurement accuracy and SLA compliance
• Confident communicator across risk, trading, IT and regulatory stakeholders

One of our clients is supporting a leading financial institution on the ongoing support, optimisation and automation of its Murex MX.3 platform, with a specific focus on the market risk landscape.

The engagement covers live production operations across risk and trading, spanning the configuration and maintenance of market risk calculations, the performance of the end-of-day batch estate, and the automation and monitoring required to keep both inside agreed SLA windows. The platform supports market risk across FX, Fixed Income, equities, commodities and derivatives, with regulatory obligations under Basel III, FRTB and SA-CCR.

This is a hands-on role in a live, high-volume environment, working directly alongside the client's risk managers, traders, technology and infrastructure teams. The successful candidate will act as the primary subject-matter expert for Murex risk configuration and lead the technical response when risk and trading systems are affected.

Role & Responsibilities

Risk SME and configuration

Act as the primary SME for Murex MLC (Limits Controller) and MRE (Market Risk Engine)

Configure and maintain market risk calculations across VaR, stress testing and XVA, including risk matrices, scenario definitions and exposure methodologies

Support FRTB implementation, Basel III compliance and regulatory risk reporting

Design and optimise MLC reports, LRB tasks and Datamart risk reports

End-of-day batch and SLA management

Design and optimise EOD batch workflows to meet strict SLA requirements

Manage critical batch jobs covering risk calculations, P&L generation and regulatory reporting

Implement automated monitoring with Real Time alerting for job failures and SLA breaches

Improve processing times through batch tuning and parallel processing of compute-intensive risk calculations

Production support and incident management

Support the Murex technical architecture across production and non-production environments

Lead incident investigation, root cause analysis and escalation, including during EOD processing

Provide 24x7 on-call support for critical trading and risk system outages

Develop and maintain scripts (Python, Shell, Perl) for automated health monitoring and log analysis

Flexible start date (ie immediate to 3 months notice)

Working for well established company

(If this position do not fit within your experience or is of no interest to you we offer a recommendation fee for any consultant you refer we successfully make a placement with).