Murex PFE Developer - XVA

This role involves working with a large Australian financial institution on their Murex Credit Risk engine, which computes PFE and XVA, including real-time analytics. The focus is on functional enhancements, recoverability, and performance tuning. Responsibilities include understanding requirements, building new CR functionality, resolving system configuration and interface issues, coordinating with vendors, and providing user training. The developer will also optimize Murex services and batch jobs, maintain inbound/outbound flows, and ensure real-time engine availability and static data syncing.

Must Have

• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Murex Knowledge and 5+ years of experience around PFE/XVA, Credit Risk calculations in Murex
• Murex Knowledge and 5+ years of experience around MLC (Implementation or migration projects)
• Configuration/optimization experience of latest Murex PFE and XVA including Murex services and batch scheduling
• Deep level knowledge around Unix & SQL
• Murex Knowledge around MXML workflows, P&L, Middle Office, Dynamic Tables, Static Data, GOM, Market Data, Market Operations

Good to Have

• Deeper understanding of financial markets from a non-Risk & MO perspective
• All-round knowledge of the Murex application
• Understanding of financial markets
• Basic knowledge on financial instruments such as Interest Rate Derivatives, Credit Derivatives, Currency Derivatives, Swaps, Futures, Options, FRA

Perks & Benefits

• Relocation assistance

##### Project description

We've been engaged by a large Australian financial institution to provide resources against their different BAU change initiatives and ongoing programs. There is large and complex Credit Risk engine implemented in Murex to compute both the PFE and XVA, including real-time XVA analytics. Beyond functional enhancements, a key focus on that asset concerns the recoverability as well as overall performance requiring continual fine tuning.

##### Responsibilities

• Has strong analytical and problem-solving skills, and excellent communication and interpersonal skills for interacting with business users and the vendor
• Works closely with Risk & MO users in understanding requirements to build new CR functionality
• Often works individually in resolving issues, and in coming up with and delivering solutions that meet Risk & MO requirements
• Analyses and resolves issues related to system configuration, Credit Risk, limits management, interfaces, etc
• Escalates identified issues/risks in a timely manner to IT and Business managers
• Provides detailed information about issues to the vendor, and co-ordinates with them in testing fixes/solutions
• Acts as an intermediary between business and vendor
• Is able to assist in resolving issues around general system configuration, User Groups, Access Rights, Portfolios, etc
• Provides training to business users and assists the business in adapting to the Murex environment
• Ensures documentation and deliverables are consistent with defined standards Has the ability to work under pressure to resolve critical issues and meet project deliverables
• PFE/XVA configuration expertise
• Underlying Murex services and batch jobs optimizations
• Inbound/Outbound flows from Credit Risk engine maintenance
• Availability of Real-time engine on the FO date of MX.
• Checking the syncing static data
• like counterparty, currency, country, and portfolio.

##### Skills

Must have

• Murex Knowledge and 5+ years of experience around PFE/XVA, Credit Risk calculations in Murex
• Murex Knowledge and 5+ years of experience around MLC (Implementation or migration projects)
• Configuration/optimization experience of latest Murex PFE and XVA including Murex services and batch scheduling
• Deep level knowledge around Unix & SQL
• Murex Knowledge around
• MXML workflows, P&L, Middle Office, Dynamic Tables, Static Data, GOM, Market Data, Market Operations

Nice to have

• Deeper understanding of financial markets from a non-Risk & MO perspective
• all-round knowledge of the Murex application
• Domain knowledge :
• Should possess an understanding of financial markets
• Basic knowledge on financial instruments such as Interest Rate Derivatives, Credit Derivatives, Currency Derivatives, Swaps, Futures, Options, FRA, etc.

##### Other

Languages

English: C1 Advanced

Seniority

Senior