Overview
The role involves supporting World Bank Group Treasury Capital Markets and Investment management departments by providing technical design, development, and implementation of risk systems. The Associate Product Owner will represent CRMFR in the Murex implementation project as a Subject Matter Expert.
Key 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.
- Gathering and documenting business and functional requirements for credit risk systems, models, and processes.
- Supporting creditworthiness evaluations by analyzing borrower financial statements, credit ratings, and risk grading frameworks.
- Monitoring credit risk across the loan portfolio to ensure compliance with established concentration limits.
- Generating regular management reports on portfolio quality, risk metrics, and early warning signals.
- Structure feedback and requirements from within CRMFR concisely and consistently convey them to the project implementation team.
- Assist in developing and executing test cases. Perform user acceptance test cases and do the reconciliations as needed.
- 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.
- Contribute to the proper and timely implementation of the new platform.
- Help create documentation for MUREX Risk User manuals for credit, compliance and collateral risk management functionality.
- Collaborating with stakeholders across the World Bank Group
- Support financial accounting, investment performance measurement, and investment guideline compliance monitoring.
- Participate in systems design, working within an established framework.
- Elicit, document, and validate business requirements; produce user stories and acceptance criteria.
- Maintain backlog; prioritize Trading, Market Risk, Treasury, Finance, and Operations.
- Translate requirements into MX.3 configuration designs; author data and interface mappings.
- Define control and reconciliation processes; propose improvements and automation.
- Work with Murex SMEs, interface engineers, data engineers, QA testers, and production support.
- Orchestrate SIT/UAT and manage defects to resolution; prepare go live and hyper care.
Required Experience
- 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.
- Experience in supporting implementation of integrated financial system applications – preparing specifications, performing design analysis and testing, etc. is expected.
- Typically requires a master’s degree with 5 years of experience or a Bachelor’s Degree with a minimum of 7 years of relevant experience, or equivalent combination of education and experience.
- Experience with cash management applications is mandatory.
- Strong Risk business domain expertise is a plus.
