Senior Model Validation Analyst - Murex (the Netherlands)

  • Location


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  • Salary:

    €600 - €650 per day

  • Contact:

    Adam Francis

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  • Published:

    9 months ago

  • Duration:

    6+ Months

  • Expiry date:


  • Client:


Senior Model Validation Analyst required by a large Dutch Financial Markets business as part of a large global Murex programme.

You will be responsible for implementing curve and valuation configuration in the Murex system in advance of the migration of different asset classes into the system. You will further be responsible for proving that the configuration yields accurate valuation and risk figures for the production portfolios to meet regulatory requirements. This role requires a deep expertise in the Front Office and Risk modules of Murex combined with expert knowledge of a wide range of financial instruments and the analytics associated with them.

Key Responsibilities and Accountabilities are:

* Understanding financial modelling requirements and translating them into Murex MX.3 technical solutions.
* Support financial engineering and model validation teams in the model testing in Murex.
* Root cause analysis in model testing outcomes.
* Prioritisation and resolution of pricing or model differences with the engineering, model validation, programme squads and supplier (Murex) teams.
* Maintenance and change control of (dedicated) Murex based model testing and model regression testing environment.
* Support and maintenance of a model regression test set in consultation with the engineering and model validation teams.
* Support and outcomes / differences analysis of a model regression test
* Working closely with business analysts, financial engineers and developers in multiple teams to ensure any findings from the model validation testing are appropriately incorporated in designs and configuration developed for production usage
* Working according to the agile framework in place for the project team.
* Working with the designated tooling solutions and development and testing standards agreed within the programme.
Key performance indicators are:

* Effective collaboration in teams with a focus on technology and quantitative analytics.
* Ability to effectively conduct root cause analysis in model testing outcomes.
* Demonstration of expertise of financial modelling and the use of these model in the context of Murex.
* Development and maintenance of configuration using the appropriate toolsets.
* Effective working in an agile framework.
* Promoting DevOps themes throughout the development lifecycle, such as continuous integration, automated testing, test driven development and continuous delivery.
* Meet delivery dates, work to required standards providing business functional and technical documentation.
* Provide feedback for lessons learnt from project and support tasks.

This is a great assignment for a Senior Model Validation Analyst to join a large global Murex programme. Deadline for applications 10:00 Monday 16th March.