Murex Data Analyst (Independent Price Verification)

About Client :-

Our client is a French multinational information technology (IT) services and consulting company, headquartered in Paris, France. Founded in 1967, It has been a leader in business transformation for over 50 years, leveraging technology to address a wide range of business needs, from strategy and design to managing operations.

The company is committed to unleashing human energy through technology for an inclusive and sustainable future, helping organisations accelerate their transition to a digital and sustainable world.

They provide a variety of services, including consulting, technology, professional, and outsourcing services.

Job Details:-

location: Gurgaon (Preferred) / Bangalore / Chennai

Mode Of Work : Hybrid

Notice Period : Immediate Joiners

Experience : 8 - 12 yrs

Type Of Hire : Contract to Hire

JOB DESCRIPTION:

JD

We are seeking a highly skilled Data Analyst (Manager C2) with strong expertise in Independent Price Verification (IPV) to support our global banking and capital markets clients. The ideal candidate should have strong analytical capability, hands-on data skills, and deep domain understanding of IPV processes for trading book valuations.

Key Responsibilities

Lead and manage the Independent Price Verification (IPV) process for various asset classes including Fixed Income, FX, Equities, Derivatives, and Structured Products.

Perform periodic valuation checks using independent market data sources such as Bloomberg, Reuters, Markit, and other pricing vendors.

Validate front-office valuations and identify discrepancies, valuation breaks, and exceptions.

Work closely with Trading, Market Risk, Product Control, and Finance teams to resolve valuation differences.

Analyse pricing data, market movements, model inputs, curve construction and ensure alignment with regulatory expectations (IFRS 13, FRTB, IPV & Valuation Control standards).

Prepare daily/monthly IPV reports, dashboards, and MI packs for senior management review.

Drive automation, process improvement, and control enhancements using data analytics tools and scripting.

Ensure compliance with internal controls, audit requirements, and governance frameworks.

Mentor junior team members and lead client conversations independently.

Required Skills & Experience

Technical & Functional Skills

Strong, hands-on experience in Independent Price Verification (IPV) processes.

Good understanding of financial instruments, valuations, Greeks, curves, pricing models, and market data.

Proficiency in data extraction, data querying, and data validation using SQL or similar tools.

Experience with pricing tools or data providers: Bloomberg, Reuters, Markit, ICE, etc.

Strong analytical ability to interpret market movements and pricing variations.

Experience in automation or scripting (Python / VBA / SQL / Power BI) is desirable.

Domain Expertise

Knowledge of Product Control, Valuation Control, Market Risk, or Finance functions in banking.

Understanding of regulatory requirements around IPV (FRTB, IFRS 13, valuation adjustments).

Leadership & Soft Skills

Ability to manage a team and handle cross-functional stakeholders.

Strong communication, client interaction, and documentation skills.

Ability to work independently with global teams in a fast-paced environment.

Education

Bachelors or Masters degree in Finance, Economics, Statistics, Engineering, or related field.

Professional certifications (CFA, FRM, PRM) will be an advantage.

Location: Gurgaon (Preferred) / Bangalore / Chennai