my itForte - Job Detail

 
Senior Murex VaR Business Analyst for South Africa
Job ID IT JOBS#162
Location: South Africa
Required Skills:
Our client is a leading Corporate Bank based in South Africa with operations in several countries. The bank seeks a mid to senior Front Office Murex VaR Business Analyst to be based in South Africa.
 
The recruited candidate will be responsible for:
 
Role and Responsibilities:
- Production Support activities for the FO and Market Risk business
- Co-ordinate with business users to close the production issues/bugs and JIRA management
- Interacting with Users to get detailed requirements, developing the configuration in Murex and deployment in production post user-signoff
- Assist the users in conceptualizing and designing UAT test cases
- Good Understanding on the Incident and Problem Management Process
 
Murex FO functions:
- Instrument configuration (Bond, Bond generators, Swap generators)
- Instrument pricing, booking and e-Tradepad
- Simulation, Simulation settings and Greeks
- Curve configuration and assignments
- P&L Variance
- P&L Analysis and Reporting
 
Murex VaR functions:
- Stress and Back Testing
- Market Risk Reporting
- Historical VaR
- VaR End Of Day
 
MTEK Training (preferable and not mandatory):
- FO module
- VaR module
 
End of Day:
- Strong understanding of End Of Day is very important
- Basic reporting configuration
 
Skills and Experience Requirement:
- Must have Functional experience on the FO modules, and preferably experience in a Murex 2.11 to 3.1 migration 
- Must have Murex developer and configuration experience on Murex 3.1 
- Be able to support the Murex FO production activities 
- Strong Product Knowledge on Money Markets, Fixed Income (Nominal and Inflation linked instruments), Interest Rate Derivatives (Nominal and Inflation linked instruments), FX and FX Derivatives.
- At least 5+ years’ experience in Capital Market domain with experience in Murex 3.1 across various FO & BO modules like e-Tradepad, Portfolio Simulation, Trade Workflows, Accounting, Payments and other MX modules like GoM, VaR , Datamart & MxML modules 
- Excellent communication skills, ability to understand client’s requirements and deliver quality output.
 
 
Experience : 5+ years of relevant expeience
 
Location: Onsite, South Africa