Murex Credit Risk BA📣 Job Ad

About the Role

Luxoft is seeking a seasoned Murex Credit Risk Business Analyst to join a significant greenfield implementation project for a large bank in Riyadh, Saudi Arabia. This role is crucial for driving the successful integration and enhancement of credit risk functionalities within the Murex platform, directly supporting the bank's risk management objectives. The ideal candidate will play a pivotal role in translating business needs into technical solutions, ensuring the effective implementation of changes and projects as required by the Risk team. This position offers a full-time engagement within a dynamic and evolving financial landscape.

Key Responsibilities

• Oversee and manage corporate risk assessment and the monitoring of financial transactions.
• Enhance existing workflows or develop new ones based on evolving business requirements and to address bug fixes.
• Improve current reporting capabilities and provide guidance to downstream systems for report generation utilizing business data from MLC.
• Conduct comprehensive business analysis, focusing on enhancements and changes to Global Credit Risk solutions, including their implementation.
• Actively participate in discussions with business stakeholders to thoroughly understand their needs and translate them into actionable change or project initiatives.
• Develop and refine detailed business, functional, and testing requirements to support project goals and system implementations, collaborating with vendors as necessary.
• Cultivate strong relationships with users and stakeholders, effectively managing their expectations throughout the project lifecycle.

Qualifications and Experience

• A minimum of 10 years of professional experience.
• Extensive experience with Murex, specifically 8 to 10 years.
• A minimum of 5 years of dedicated experience in Credit Risk within an MLC (Murex Lifecycle Control) context.
• Proven experience in MLC development.
• Demonstrated experience with MxML.
• Proficiency in Unix scripting.
• Hands-on experience with key Murex components including VAR (Value at Risk), PSR (Portfolio Sensitivity Reporting), CVA (Credit Valuation Adjustment), SIMM (Standard Initial Margin Model), and FRTB (Fundamental Review of the Trading Book).
• Strong SQL skills.

Required Skills

• Murex
• Credit Risk
• MLC Development
• MxML
• Unix Scripting
• VAR, PSR, CVA, SIMM, FRTB
• SQL
• Corporate Risk Assessment
• Workflow Enhancement
• Reporting
• Business Analysis
• Functional Requirements Definition
• Testing Requirements Definition
• Stakeholder Management

Work Environment and Location

This is a full-time engagement based in Riyadh, Saudi Arabia.