Job Title : Murex Credit Risk
Location : WBG (Washington, DC)
Duration : Long Term Contract (12+ Months)
GC & USC (Only W2)
Roles & Responsibilities
The candidate should have a working knowledge of financial instruments / counterparts in Murex, MLC. Strong understanding of Bonds, Money Market instruments, FX and Commodity forwards, Futures / Options, Repos / Reverse Repos and OTC Derivative trades (such as swaps, swaptions, etc.) is expected. A strong understanding of financial risk management (market and counterparty credit risk) fundamentals is desired. Additionally, experience in supporting implementation of integrated financial system applications – preparing specifications, performing design analysis and testing, etc. is expected.
The primary responsibilities–
- Represent CRMFR in the Murex implementation project as a Subject Matter Expert: in Credit Risk, Collateral Management & Compliance, and implementation streams
- Help to create and enrich user stories requirements and to define user testing acceptance criteria.
- Structure feedback and requirements from within CRMFR concisely and consistently convey them to the project implementation team
- Assist in developing and executing the test cases. Perform user acceptance test cases and do the reconciliations as needed to validate that test results are in line with requirements and expectations.
- Collaborate with IT in gathering, reconciling and structuring risk data for migration to Murex.
- Maintain issue status logs and follow up with business analysts to ensure issues are resolved.
- Prepare reports and status updates for CRMFR and management.
- Collaborate with IT for impact assessment of changes, developments of reporting and downstream process implementations.
- Ensure all requirements in the scoping and user stories documents are delivered by Murex as expected.
- Contribute to a proper and timely implementation of the new platform.
- Help create documentations for MUREX Risk User manuals for credit, compliance and collateral risk management functionality.
- Collaborating with stakeholders across the World Bank Group
The candidate should have excellent documentation and written communication skills, be a skilled troubleshooter and problem solver, be able to deliver results within tight timelines and in compliance with defined internal control / quality assurance requirements.
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# |
Activity |
Deliverable |
Acceptance criteria |
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1 |
Review and Update Risk User Stories, Test Cases, Acceptance Criteria |
Risk user stories, test cases and acceptance criteria |
Review feedback by CRMFR SMEs |
|
2 |
Performing UAT / reviews / reconciliations and resolving issues |
Completed test results, documentation of reconciliation and resolution of issues / breaks. |
Review feedback by CRMFR SMEs |
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3 |
Data Migration to Murex (develop templates to gather and reconcile data for migration) |
Clean, structured and purpose fitting data for migration |
Error free migrated data |
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4 |
Supporting development of risk reports and downstream risk analysis |
Risk reports and downstream risk analysis |
Complete, automated risk reports and documentations of downstream process |
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5 |
Preparing documentations |
Documentation for Risk User Manuals or Procedures |
Complete shared manual or procedure |
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Nityo Infotech Corp. Suite 1285 Plainsboro, NJ 08536 |
Ankit Mishra Fax : 609 799 5746 |