Market Risk Consultant - Murex/Financial Markets Job at VDart Inc, New York, NY

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  • VDart Inc
  • New York, NY

Job Description

Role: Market Risk Consultant Murex/Financial Markets

Location: New York, NY(Hybrid)

Type: Contract

Position Summary:

  • We are seeking an experienced Market Risk Consultant with strong Financial Markets expertise and hands-on experience with the Murex platform to support market risk management, valuation, risk analytics, and regulatory initiatives across trading businesses.
  • The ideal candidate will have deep knowledge of capital markets products, risk methodologies, and experience configuring, analyzing, or supporting risk processes within Murex MX.3.
  • The consultant will work closely with Front Office, Risk, Treasury, Quantitative teams, Technology, and Operations to implement and enhance market risk capabilities.

Job Responsibilities:

Market Risk Management:

  • Support and enhance Market Risk frameworks e.g.: Value at Risk (VaR), Sensitivity analysis (Greeks)
  • Monitor and analyze market risk exposures across trading portfolios.
  • Assist in identifying, assessing, and escalating market risk issues.
  • Murex Platform Support & Configuration
  • Be able to utilize Murex MX.3 platform
  • Support Murex configuration, testing, and enhancements related to market risk modules.
  • Collaborate with technology teams for system integration, upgrades, and issue resolution.
  • Participate in SIT/UAT testing for Murex implementations or enhancements.
  • Financial Products & Analytics
  • Understand pricing, valuation, sensitivities, and hedge impacts across products.
  • Support exposure analysis and model validation initiatives.

Business & Stakeholder Engagement Partner with:

  • Front Office / Trading Desk
  • Market Risk teams
  • Treasury
  • Quantitative Analytics
  • Technology and Murex SMEs
  • Gather business requirements and translate them into functional specifications.
  • Conduct workshops and provide SME support on risk-related initiatives.

Required Qualifications:

  • Bachelor's or master's degree in finance, Mathematics, Engineering, Economics, Statistics, or related field.
  • 5+ years of experience in Market Risk, Capital Markets, or Risk Technology.
  • 3+ years of Hands-on experience with Murex MX.3 platform, particularly Market Risk modules.
  • 5+ years of Knowledge of capital markets products and trade lifecycle.
  • *Must work EST time zone

Key Skills:

  • Market Risk Management
  • Murex MX.3
  • Risk Analytics
  • Financial Derivatives

Job Tags

Contract work

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