Murex Collateral Consultant
- Bangalore, Karnataka
- Permanent
- Full-time
- Configure and support the Collateral Management module in Murex
- Manage the collateral workflow, including:
- Margin calls generation
- Agreement definitions (CSA, GMRA, ISDA)
- Eligibility rules and thresholds
- Substitution and dispute workflows
- Work on both Initial Margin (IM) and Variation Margin (VM) processes
- Integrate Murex collateral module with external systems
- Define and implement collateral optimization, exposure monitoring, and reporting mechanisms
- Collaborate with internal risk, operations, and front-office teams for issue resolution and enhancements
- Perform impact analysis for changes in agreements, margin rules, or regulatory requirements
- Support UAT, regression testing, and production deployment for collateral-related changes
- 5+ years of experience on Murex and 2+ years on Collateral
- Strong hands-on experience in Murex Collateral Module configuration
- Sounds understanding of capital markets domain & asset classes
- In-depth understanding of margining processes, CSA/ISDA terms, and agreement setup
- Experience with regulatory margining requirements: BCBS-IOSCO, SIMM, etc.
- Familiarity with collateral instruments (cash, bonds, treasuries, etc.)
- Ability to interpret and implement collateral eligibility rules and haircuts
- Proficiency in Datamart reporting and MxML workflows for collateral
- Working knowledge of Murex Workflows, UDFs, and trade attributes
- Strong communication and stakeholder engagement capabilities
- Analytical thinker with attention to detail
- Ability to work independently and in Agile environments
- Experience mentoring junior team members is a plus