Murex Credit and Market Risk implementation Consultant
London | Hybrid (2-3 days onsite, remote the rest of the week)
6months + contract
£660 per day inside IR35
A leading financial services company is seeking an experienced Risk Consultant with market and credit risk system implementation expertise, preferably across Murex.
Key Responsibilities
* Act as a Risk Consultant for risk and regulatory projects on Murex.
* Implement and configure market risk modules (Scenario Definition, MRE, ERM, Datamart processes, market data configurations).
* Implement and configure credit risk modules (Risk Configurations, Limits Management, MLC formulas, LRB, Limits Engine Configuration, Excess Management).
* Provide hands-on technical expertise in SQL, Shell Scripting, ANT Scripting, and scheduling tools (Control-M, Autosys).
* Work closely with IT teams, infrastructure teams, and external consultants to deliver solutions.
* Engage in all project phases: build, unit testing, UAT, regression testing, and deployment.
* Manage stakeholder relationships, clearly explaining technical topics to non-technical users.
Market Risk Requirements
* Strong understanding of VaR, stressed VaR, expected shortfall, stress testing, and scenario analysis.
* Knowledge of financial instruments across various asset classes (vanilla IRS, CCS, FX Forwards, etc.).
* Familiarity with Basel 2, Basel 2.5, Basel 3, FRTB regulatory frameworks.
* Experience with risk platforms such as Murex, Calypso, Finastra is a plus.
Credit Risk Requirements
* Strong knowledge of credit risk measures, PFE, xVA, compliance rules, and collateral management.
* Experience with Basel 2, Basel 2.5, Basel 3, SA-CCR, SIMM, FRTB-xVA.
* Hands-on experience with Murex (MLC), Markit, Calypso, Finastra is an advantage.
Ideal Candidate
? 5-8+ years of hands-on risk system implementation experience.
? Strong problem-solving skills with the ability to debug and resolve issues quickly.
? Effective communicator, able to manage multiple stakeholders across IT and business teams.
? Passion for learning and exploring new risk system functionalities.