Functie-omschrijving
For Rabobank Utrecht we are looking for a Murex Risk/XVA Business Analyst/Configurator:
Important:
Due to the large expected professionals for this position, we unfortunately can not provide substantive feedback for all rejected candidates;
We are only looking for 1FTE. We will close the vacancy before the indicated deadline when we received enough professionals. Please upload you most suitable candidate as soon as possible;
Language: English mandatory;
Open also to candidates not currently based Onsite, but who are happy to relocate.
Introduction
We are seeking a highly skilled and experienced Murex Business Analyst/Configurator to join our Risk/XVA squad. The successful candidate will support changes within the Markets and Treasury domain, including compliance with regulatory changes such as the Fundamental Review of the Trading Book (FRTB). This role requires a deep understanding of Murex, risk management, and XVA, along with strong analytical and configuration skills.
Company Overview
Rabobank, a global financial institution with branches spanning the globe, is committed to delivering innovative solutions to its clients. As part of this mission, the Wholesale & Rural Tech department serves as the IT provider for Rabobanks Wholesale & International business. Our systems play a critical role in supporting Rabobanks operations worldwide.
Key Responsibilities:
1. Murex Configuration and Support:
Configure and maintain Murex for risk and XVA functionalities;
Implement and support changes related to Markets and Treasury requirements;
Ensure the system is optimized for performance and stability;
Participate in production support rotation for second and third line support providing functional and technical expertise to the support team, picking up incidents during or outside of business hours;
2. Regulatory Compliance:
Support the implementation of regulatory changes, including FRTB;
Ensure all configurations and processes comply with regulatory standards;
Collaborate with compliance teams to address regulatory requirements;
3. Business Analysis:
Gather and document business requirements from stakeholders;
Translate business requirements into functional specifications for Murex;
Conduct gap analysis and feasibility studies for new initiatives;
4. Testing and Validation:
Develop and execute test plans to ensure changes meet business requirements;
Perform system testing, integration testing, and user acceptance testing (UAT);
Identify and resolve defects during the testing phase;
5. Stakeholder Management:
Work closely with business users, IT teams, and external vendors;
Provide training and support to end-users;
Manage communication and expectations with stakeholders;
6. Continuous Improvement:
Identify opportunities for process improvement and optimization;
Stay updated with the latest developments in Murex and risk management;
Propose and implement innovative solutions to enhance system capabilities.
Required Skills and Experience:
Technical Expertise:
1. Murex System Knowledge:
Deep understanding of the Murex platform, with a focus on its architecture and modules;
Extensive experience in configuring and customizing Murex for risk management and XVA (Credit Valuation Adjustment) functionalities;
Proficiency in Murex MxML workflows, data mapping, and scripting to automate processes and integrations;
2. Risk Management
Hands-on experience with Murex risk management modules, including Market Risk, Credit Risk, and Liquidity Risk;
Ability to configure risk measures such as Value at Risk (VaR), Potential Future Exposure (PFE), and Stress Testing scenarios;
Experience in setting up and managing risk limits, thresholds, and alert mechanisms within Murex;
3. XVA Implementation:
Expertise in configuring Murex for XVA calculations, including Credit Valuation Adjustment (CVA), Debit Valuation Adjustment (DVA), Funding Valuation Adjustment (FVA), and Margin Valuation Adjustment (MVA);
Familiarity with the methodologies and data requirements for accurate XVA computation;
Experience in integrating XVA calculations with front-office systems and workflows to ensure real-time updates and reporting.
4. Regulatory Compliance:
Detailed knowledge of regulatory requirements, such as the Fundamental Review of the Trading Book (FRTB), and their impact on risk and XVA configurations;
Ability to implement regulatory changes within Murex, ensuring compliance with global and regional regulations;
Experience in running regulatory capital calculations and reporting as mandated by frameworks like FRTB.
5. Performance Optimization:
Proficiency in optimizing Murex performance for large-scale data processing and real-time risk assessment;
Experience in troubleshooting performance issues and implementing best practices for efficient system operation.
6. Integration and Automation:
Skills in integrating Murex with other systems and data sources, ensuring seamless data flow and process automation;
Proficiency in using MxML Exchange, Datamart, and other Murex tools to create reports and dashboards for risk monitoring and analysis.
Example Projects/Tasks:
1. Risk and XVA Projects:
Successfully lead projects to implement new risk management and XVA features in Murex;
Configure complex risk scenarios and XVA adjustments for various financial products, ensuring accurate valuation and risk assessment.
2. Regulatory Implementation:
Play a key role in implementing FRTB compliance within Murex, including setting up Standardized Approach (SA) and Internal Models Approach (IMA) for capital calculations;
Develop and maintain regulatory reports, ensuring timely and accurate submissions.
3. System Enhancements:
Lead initiatives to enhance system performance and reliability, including database optimizations, code enhancements, and process streamlining;
Work with cross-functional teams to upgrade Murex versions and apply patches, ensuring minimal disruption to operations.
Communication and Interpersonal Skills:
Excellent verbal and written communication skills;
Ability to work collaboratively with cross-functional teams;
Strong stakeholder management and negotiation skills.
Educational Background:
Bachelors degree in Finance, Business Administration, Computer Science, or a related field;
Relevant certifications in Murex, risk management, or project management are a plus.
Preferred Qualifications:
Experience with other risk management systems and tools;
Prior experience working in a financial services or banking environment;
Knowledge of additional regulatory requirements impacting the Markets and Treasury domain.We would like to receive a motivation showing the required competencies.
Interesse?
Stuur jouw contactgegevens en CV naar info@1uptraining.nl of reageer direct via de knop bovenaan de pagina Apply now.
