Market Risk Consultant - Murex

Market Risk Consultant - Murex / Financial Markets

Note: The resource should be willing to work in USA EST work hours ( 2 PM to 10 PM UK time )

We are seeking an experienced Market Risk Consultant with strong Financial Markets expertise and hands-on experience with the Murex platform to support market risk management, valuation, risk analytics, and regulatory initiatives across trading businesses. The ideal candidate will have deep knowledge of capital markets products, risk methodologies, and experience configuring, analyzing, or supporting risk processes within Murex MX.3.

The consultant will work closely with Front Office, Risk, Treasury, Quantitative teams, Technology, and Operations to implement and enhance market risk capabilities.

Key Responsibilities

Market Risk Management

· Support and enhance Market Risk frameworks e.g.: Value at Risk (VaR), Sensitivity analysis (Greeks)

· Monitor and analyze market risk exposures across trading portfolios.

· Assist in identifying, assessing, and escalating market risk issues.

Murex Platform Support & Configuration

· Be able to utilize Murex MX.3 platform

· Support Murex configuration, testing, and enhancements related to market risk modules.

· Collaborate with technology teams for system integration, upgrades, and issue resolution.

· Participate in SIT/UAT testing for Murex implementations or enhancements.

Financial Products & Analytics

· Understand pricing, valuation, sensitivities, and hedge impacts across products.

· Support exposure analysis and model validation initiatives.

Business & Stakeholder Engagement

· Partner with:

o Front Office / Trading Desk

o Market Risk teams

o Treasury

o Quantitative Analytics

o Technology and Murex SMEs

· Gather business requirements and translate them into functional specifications.

· Conduct workshops and provide SME support on risk-related initiatives.

Required Qualifications

· Bachelor's or Master's degree in Finance, Mathematics, Engineering, Economics, Statistics, or related field.

· 5+ years of experience in Market Risk, Capital Markets, or Risk Technology.

· Hands-on experience with Murex MX.3 platform, particularly Market Risk modules.

· Knowledge of capital markets products and trade lifecycle.

Key Skills

· Market Risk Management

· Murex MX.3

· Risk Analytics

· Financial Derivatives