Languages: English
Location: Malaysia
Employment: Permanent
Duration: Ongoing
We are seeking an experienced Murex Market Risk Consultant to support market risk-related delivery. The role requires a strong functional or techno-functional Murex consultant with hands-on experience across market risk, VaR, sensitivities, stress testing, risk reporting, market data, simulations, pricing, curves, scenarios, and regulatory risk change.
The successful candidate will work closely with Risk, Front Office, Market Risk, IT, Operations, Finance, Murex SMEs, project teams, and vendor stakeholders to support requirements analysis, configuration, testing, issue resolution, implementation, and post-go-live support. FRTB experience is preferred, particularly where the candidate has exposure to regulatory market risk reporting, sensitivities-based calculations, standardised approach requirements, modellability, risk factors, or market risk data controls.
Requirements:
- 8+ years of Murex experience, with strong hands-on exposure to Market Risk, Risk, Front Office, Market Data, Datamart, or front-to-back Murex delivery.
- Strong functional understanding of Murex Market Risk, including VaR, stress testing, sensitivities, scenarios, risk factors, risk reporting, market data, curves, pricing, and simulations.
- Experience supporting Market Risk users through requirements gathering, functional analysis, solution design, configuration, testing, and production issue resolution.
- Good understanding of capital markets products across FX, rates, fixed income, derivatives, money markets, credit, commodities, or equity derivatives.
- Experience with FRTB would be highly advantageous, including exposure to market risk regulatory change, sensitivities, standardised approach, risk factor data, modellability, reporting, and control requirements.
- Strong knowledge of Murex workflows, market data setup, pricing configuration, simulation views, Datamart reporting, batch processes, events and impacts, and downstream integration points.
- Experience supporting SIT, UAT, regression testing, defect analysis, production incident resolution, go-live preparation, and post-go-live support.
- Ability to analyse complex Murex issues across market risk, pricing, market data, simulations, reporting, interfaces, and downstream systems.
- Strong stakeholder management skills, with the ability to work across Risk, Front Office, IT, Operations, Finance, vendor, and project delivery teams.
- Experience in Malaysia, Singapore, or wider South East Asia banking environments would be advantageous.
Key Responsibilities:
- Support delivery of Murex Market Risk enhancements, implementation, migration, upgrade, regulatory change, integration, or BAU change activity.
- Work with Market Risk, Front Office, Risk Control, IT, and project stakeholders to gather requirements and define functional solutions.
- Configure and support Murex market risk functionality across VaR, stress testing, sensitivities, scenarios, pricing, simulations, market data, curves, and risk reporting.
- Support FRTB-related analysis and delivery where applicable, including risk factor data, sensitivities, regulatory reporting, data quality checks, controls, and downstream reporting requirements.
- Analyse market risk workflows, simulation outputs, valuation results, sensitivities, P&L, VaR, stress results, and data flows to identify issues and support resolution.
- Support setup and validation of market data including curves, volatility surfaces, rate sheets, pricing parameters, risk factors, scenarios, indexes, and product-specific market data requirements.
- Coordinate with Front Office, Market Risk, Middle Office, Finance, Operations, IT, and downstream teams to ensure risk outputs are aligned across the full trade lifecycle.
- Support integration between Murex and downstream risk, finance, regulatory reporting, data warehouse, and operational platforms.
- Prepare functional specifications, configuration documents, process flows, test cases, issue logs, data mapping, and user support documentation.
- Execute and support SIT, UAT, regression testing, defect triage, test evidence review, business sign-off, and production readiness activities.
- Investigate and resolve market risk-related production issues, including data breaks, incorrect sensitivities, VaR discrepancies, stress testing issues, market data problems, reporting errors, and batch failures.
- Support release readiness, cutover planning, go-live preparation, implementation execution, and post-go-live stabilisation.
- Provide clear status updates, risk escalation, issue tracking, and delivery updates to project managers and senior stakeholders.
- Work with Murex vendor teams, internal SMEs, and system integrators to manage defects, clarify expected behaviour, validate solutions, and ensure delivery quality.
- Ensure market risk delivery remains aligned with business objectives, regulatory expectations, internal controls, data quality standards, and UOB's project delivery framework.
