PFE/CVA Risk Business Analyst

A leading bank in Riyadh is seeking a Murex Risk Consultant for their support activities. The ideal candidate will be a Credit Risk Murex/MLC developer with strong functional knowledge.

Responsibilities:

1. Manage both Credit Risk & Market Risk related vendor deliveries, technical configuration support, and closure.
2. Coordinate with the vendor for reported bugs, track fixes, deploy retests, and ensure quality on the technical deployment.
3. Support users with SIT, UAT application access, best practices, limitations, etc., and secure sign-off.
4. Handle new developments and minor change requests that can be managed internally.
5. Provide enhancements related to VAR, Scenarios, Performance Attributions, etc., post Go Live, which will require technical support.
6. Ensure Static Data configurations, methodology documentation, valuations, etc., meet user expectations as part of the implementation.
7. Promptly address regulatory reporting issues, breaches, exposures, limit validations, ALGO - Mx sync, etc.

Mandatory Skills:

• Murex and Murex support experience in credit risk/MLC
• Minimum of 8 to 10 years of experience
• Experience in implementing PFE/CVA/SACCR is essential
• Familiarity with regulatory reporting issues, VAR, limit validations

Nice-to-Have Skills:

• Murex Market Risk experience

Languages Required:

• English: C1 Advanced

Location: Riyadh, Saudi Arabia (On-site)
Work Conditions: Full-time