About the Job:
A leading bank in Riyadh is seeking a Murex Risk Consultant to support their activities. This role will primarily involve managing both Credit Risk and Market Risk related vendor deliveries, providing technical configuration support, and ensuring closure of reported issues.
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Location: Riyadh, Saudi Arabia (On-site)
Work Conditions: Full-time
Responsibilities:
- Manage Credit Risk and Market Risk vendor deliveries.
- Coordinate with vendors for reported bugs, track fixes, deploy retests, and ensure quality in technical deployments.
- Support users with System Integration Testing (SIT), User Acceptance Testing (UAT) application access, best practices, and limitations, securing sign-off.
- Handle new developments and minor Change Requests (CRs) internally.
- Provide enhancements related to Value at Risk (VAR), scenarios, performance attribution, etc., post-Go Live, requiring technical support.
- Ensure Static Data configurations, methodology documents, and valuations meet user expectations during implementation.
- Address regulatory reporting issues, breaches, exposures, Limit validations, and ALGO - Mx synchronization promptly.
Mandatory Skills:
- Experience with Murex and credit risk/Market Liquidity Coefficient (MLC).
- Minimum of 8 to 10 years of experience.
- Must have experience implementing Potential Future Exposure (PFE), Credit Valuation Adjustment (CVA), and Standardized Approach to Counterparty Credit Risk (SACCR).
- Experience with regulatory reporting issues, VAR, and Limit validations.
Nice-to-Have Skills:
- Murex Market Risk experience.
