Senior Murex Developer

The client is a multinational organization operating in a highly dynamic industry, with regional presence across multiple markets. The engagement involves managing complex account relationships, ensuring seamless program delivery, and coordinating with cross-functional teams to support ongoing business operations and strategic initiatives.

Job Title: Murex Developer

Domain: MEA Tech

Sub-Domain: Risk & Data Science

Experience Level: 3+ Years

Location: Kuala Lumpur

Job Summary

We are seeking a Murex Developer with 3+ years of experience to support the development, enhancement, and maintenance of Murex risk management solutions. The role focuses on Murex Market Risk and Credit Risk functionalities, including risk calculations, reporting, analytics, data validation, and system integration. The ideal candidate should have a strong understanding of risk management concepts such as Value at Risk (VaR), EWRS, and Credit Risk, along with hands-on Murex experience and the ability to work closely with business stakeholders, risk teams, and technical teams to deliver risk and regulatory initiatives. 

Required Skill Set

• 3+ years of hands-on experience working with the Murex platform.

• Hands-on experience with Murex Market Risk and Credit Risk modules – Mandatory.

• Strong understanding of Value at Risk (VaR) methodologies and risk measurement frameworks.

• Knowledge of EWRS (Enterprise-Wide Risk Systems) and Credit Risk processes.

• Experience with risk reporting, risk analytics, and regulatory requirements.

• Proficiency in Microsoft SQL Server 2012, including query development, data analysis, and troubleshooting.

• Experience working in Windows Server 2012 environments.

• Strong analytical, problem-solving, debugging, and troubleshooting skills.

• Ability to analyze and validate risk-related data and calculations.

• Ability to work effectively with both business and technical stakeholders.

• Good understanding of Software Development Life Cycle (SDLC) and testing methodologies.

Nice-to-Have Skills

• Experience with Murex MLC (Market Limit Control) configuration and implementation.

• Knowledge of Counterparty Credit Risk, Exposure Management, and Risk Aggregation.

• Familiarity with capital market products, including: o Derivatives o Fixed Income o Foreign Exchange (FX) o Structured Products

• Experience with regulatory risk frameworks such as Basel III/IV and market risk reporting.

• Exposure to system integration, batch processing, and data warehousing environments.

• Knowledge of scripting or automation tools for operational support and monitoring.

• Experience working in Agile delivery environments.

• Banking or Financial Services experience, particularly in Treasury, Risk Management, or Capital Markets functions.

Key Responsibilities

• Develop, configure, enhance, and support solutions within the Murex platform, focusing on Market Risk and Credit Risk functionalities.

• Participate in the implementation, enhancement, and maintenance of risk management applications and processes.

• Support the configuration and optimization of risk calculations, reporting, and analytics within Murex.

• Analyze business requirements and translate them into technical specifications and appropriate Murex configurations.

• Perform data analysis, data validation, and troubleshooting to ensure the accuracy and completeness of risk calculations.

• Develop and execute test cases for system enhancements, defect fixes, and regulatory changes.

• Collaborate with Risk Management teams, Business Analysts, and Technology stakeholders to deliver project objectives.

• Investigate production issues, perform Root Cause Analysis (RCA), and implement corrective actions.

• Support system integration activities and data feeds between Murex and upstream/downstream applications.

• Troubleshoot data and application issues related to risk calculations, reporting, and integrations.

• Maintain technical documentation and ensure adherence to development, testing, and support standards.

• Support risk and regulatory initiatives throughout the software development lifecycle.