Market Risk Consultant

Luxoft; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Luxoft is seeking a Risk Analyst to support Market Risk activities, focusing on VaR and different asset classes within capital markets. Training will cover the Murex Trading and Risk Management platform and domain knowledge before client deployment.

Role requires collaboration with delivery teams and stakeholders across business and technology functions. CFA/FRM certification is mandatory and prior Murex experience is not required, with a strong emphasis on quick learning and analytical skills.

Qualifications

• 3+ years of experience in banking or capital markets with a strong focus on Market Risk.
• Strong understanding of financial markets across multiple asset classes such as Treasury, Commodities, FX (Cash and Derivatives), and Interest Rate Derivatives.
• Good exposure to risk and pricing concepts across at least two asset classes.
• Solid understanding of Market Risk fundamentals, including CVA and collateral management.
• CFA or FRM certification is mandatory.
• Prior experience with Murex is not required; ability to quickly learn and adapt to new platforms is essential.
• Strong analytical and problem-solving skills.
• Good communication skills and ability to work with stakeholders.

Responsibilities

• Contribute to Requirement Analysis in Risk space for various projects.
• Assist in understanding business needs, identifying business solutions, and validating technical options.
• Interface between Risk users, Business, and IT with respect to Murex.
• Configure the application as part of implementation.
• Follow up with Murex to resolve bugs and issues.
• Potential to work in the Front Office stream.

Skills

Market Risk

Murex

Risk Concepts

Stakeholder Communication

Analytical Thinking

Education

CFA/FRM Certification

Tools

Murex Platform

Job description

You would be part of the India Trading and Risk management solutions practice at Luxoft. You would be trained on the Capital markets domain and Murex Trading and Risk Management platform and a specific module therein. After completing the training, you would be deployed in a client engagement to support client delivery.

You will be a Risk Analyst responsible for supporting Market Risk-related work requests. The role requires an understanding of financial markets across various asset classes (IRD, Fixed Income, Commodities, FX) and mainly in Risk areas like VaR. You will work closely with the existing Luxoft delivery teams and interact with both business and client technology functions.

Responsibilities:

• Contributing to Requirement Analysis in Risk space for various projects
• Contributing to understanding the business needs, identifying business solutions, and validating the pros and cons of technical solution options
• Interact with Risk users and interface between Business and IT with respect to Murex
• Configure the application as part of the implementation
• Follow up with Murex as and when necessary to resolve bugs and issues.
• There is a possibility to also work in the Front Office stream

Mandatory Skills Description:

• 3+ years of experience in banking or capital markets with a strong focus on Market Risk
• Strong understanding of financial markets across multiple asset classes such as Treasury, Commodities, FX (Cash and Derivatives), and Interest Rate Derivatives
• Good exposure to risk and pricing concepts across at least two asset classes
• Solid understanding of Market Risk fundamentals, including CVA and collateral management
• CFA or FRM certification is mandatory
• Prior experience with Murex is not required; ability to quickly learn and adapt to new platforms is essentialStrong analytical and problem-solving skills
• Good communication skills and ability to work with stakeholders

Nice-to-Have Skills Description:

• Exposure to Murex or similar risk management systems
• Understanding of trade lifecycle across asset classes
• Experience working with global stakeholders or distributed teams
• Familiarity with regulatory or risk reporting frameworks