Market Risk Specialist - Murex

Recruiter:

Communicate Recruitment

Job Ref:

CFA020843/BL

Date posted:

Thursday, November 27, 2025

Location:

Johannesburg, South Africa

Salary:

1 300 000 Annually

SUMMARY:
Step into a role where technology meets risk strategy. As a Murex Risk Specialist, you’ll be at the heart of our risk management ecosystem—configuring advanced Murex modules, optimizing workflows, and ensuring compliance with global standards like Basel III and FRTB. You’ll collaborate with Front Office, Risk, and IT teams, gaining exposure to diverse asset classes and cutting-edge methodologies.
This is more than a technical position—it’s an opportunity to shape risk analytics, influence decision-making, and work with a platform trusted by the world’s leading financial institutions.

POSITION INFO:

MRA (Market Risk Aggregation)
VaR (Value at Risk)
SIMM (Standard Initial Margin Model)
Greeks and Risk Matrices
Maintain curves, volatility surfaces, and historical data
Validate pricing and risk results
Perform P&L Explain, sensitivities, stress testing, and limits monitoring
Build and automate risk reports using Datamart, SQL, and sometimes Python
Ensure alignment with frameworks like Basel III, FRTB, SIMM, and SA-CCR
Resolve risk workflow issues and work closely with Front Office, Risk, and IT teams

Job Experience and Skills Required:
Experience: Minimum 3+ years in Murex risk modules
Strong knowledge of market risk concepts (VaR, Greeks, stress testing)
Familiarity with multiple asset classes: IR, FX, Equity, Credit, Commodities, Options
Technical skills: SQL, Python, scripting, and data management
Understanding of regulatory frameworks (Basel III, FRTB, SIMM)

Apply now!

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For more information, contact: Bianca Langenhoven - Recruitment Consultant on email LinkedIn!

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