Murex Credit Risk Consultant
Cygnify
| Company | Cygnify |
| Category | Consulting & Strategy |
| Location | Singapore |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Not stated |
| Salary | Not stated by the employer |
| Posted | 15 Jul 2026 |
| Last verified | 10 Aug 2026 |
| Source | Employer ATS (ashby) |
Description
Our client is seeking an experienced Murex Credit Risk Consultant to support the
implementation, enhancement, integration, and production support of the Murex Credit Risk
platform. The successful candidate will work closely with Credit Risk, Market Risk, Front
Office, Middle Office, Risk Management, and Technology teams to deliver credit risk
solutions covering counterparty exposure, collateral management, limits monitoring, XVA,
and regulatory reporting.
The Consultant will participate in new implementations, upgrades, BAU support, and
strategic transformation initiatives while ensuring that credit risk calculations and regulatory
requirements are accurately implemented within the Murex platform. This role typically
combines functional, technical, and business analysis responsibilities.
Key Responsibilities
1. Functional Responsibilities
- Configure and support Murex Credit Risk modules.
- Analyze business requirements from Credit Risk and Trading teams.
- Configure counterparty risk calculations.
- Support Credit Exposure calculations including:
o Current Exposure
o Potential Future Exposure (PFE)
o Expected Exposure (EE)
o Expected Positive Exposure (EPE)
- Configure collateral and margining workflows.
- Support CSA agreements and collateral optimization.
- Configure credit limits and monitoring.
- Implement wrong-way risk methodologies.
- Support settlement risk calculations.
- Configure netting agreements.
- Validate exposure calculations with business users.
- Produce Functional Specification Documents (FSD).
- Produce Business Requirement Documents (BRD).
- Conduct User Acceptance Testing (UAT).
- Prepare test cases and reconciliation reports.
- Support production incidents.
2. Technical Responsibilities
- Configure Murex workflows.
- Develop SQL queries.
- Analyze Oracle database data.
- Support batch processing.
- Analyze performance issues.
- Support upgrades and migrations.
- Coordinate deployment activities.
- Work with developers on bug fixes.
- Review technical designs.
3. Risk Management Responsibilities
Support implementation of:
- Counterparty Credit Risk
- Credit Limits
- Exposure Aggregation
- Netting Agreements
- Collateral Management
4. Project Responsibilities
- Participate in end-to-end Murex implementation projects.
- Work with Front Office, Risk, Operations, Finance, and IT.
- Gather requirements.
- Conduct workshops.
- Perform gap analysis.
- Prepare solution designs.
- Execute SIT/UAT support.
- Support production cutover.
- Deliver post-production support.
Mandatory Skills
1. Murex
- Murex MX.3
- Credit Risk Module
- Counterparty Risk
- Exposure Management
- Credit Limits
- Collateral Management
- Margining
2. Financial Products
Knowledge in some of the below products:
- FX
- Money Market
- Fixed Income
- Bonds
- Repos
- IRS
- CCS
- FRA
- Options
- Swaps
- Futures
- Commodities
- Structured Products
- OTC Derivatives
3. Technical Skills
- SQL
- Oracle Database
- UNIX/Linux
- Shell Scripting
- XML
4. Risk Knowledge
Good understanding of:
- Counterparty Credit Risk (CCR)
- SA-CCR
- Credit Limits
5. Banking Knowledge
Knowledge of:
- Treasury
- Capital Markets
- Trading Operations
- Middle Office
- Risk Management
6. Preferred Skills
- Murex Upgrade Projects
- Murex Migration Projects
- Murex Integration
- Agile / Scrum
7. Soft Skills
- Excellent analytical skills
- Strong problem-solving ability
- Stakeholder management
-