Murex Market Risk Consultant

Luxoft; Bengaluru; On-site; INR 3,000,000 - 5,200,000; Full time

Job summary

Luxoft in Bengaluru is seeking a senior Murex Market Risk specialist to lead risk calculations and validations. You will configure and optimize Murex-based risk measures and collaborate with business stakeholders on VaR, PV01, CR01, and PnL vectors.

The role requires deep MRE knowledge, strong SQL skills, and solid understanding of asset classes like MM, FI, FX, and IR derivatives. 5+ years of experience preferred.

Qualifications

• 5+ years of experience in Murex Market Risk module.
• Deep expertise in Murex Market Risk Environment (MRE) module.
• Configure and run risk computations, including reval runs.
• Stakeholder management in risk measure validations.
• Understanding of asset classes: MM, FI, FX, IR derivatives.
• Hands-on Market Risk validations (e.g., VaR, stress tests).
• Configure and validate measures: VaR, PV01, CR01, PnL vectors.
• Strong SQL skills for data analysis and validation.
• Experience with Oracle and/or SQL Server RDBMS.

Skills

Murex Market Risk

MRE module

Risk calculations

Risk computations

Stakeholder management

Asset classes (MM, FI, FX, IR)

Market Risk validations

VaR

PV01

CR01

PnL vectors

SQL skills

Tools

Oracle

SQL Server

Job description

• 5+ years of experience in Murex Market Risk module
• Deep expertise in Murex Market Risk Environment (MRE) module
• Proven ability to develop, configure, and optimize Market Risk calculations independently
• Experience in configuring and running risk computations, including reval runs, normalized runs
• Strong business stakeholder management skills, with experience in running risk measure validations
• Deep understanding of asset classes including MM, Fixed Income, FX, and IR Derivatives
• Extensive hands-on experience in Market Risk functional validations (e.g., Interest Rate VaR, Stress Testing)
• Expertise in configuring and validating various Market Risk measures such as VaR, PV01, CR01, and PnL vectors
• Strong analytical skills to explain differences in VaR results between Murex and other risk systems
• Solid understanding of Oracle and/or SQL Server RDBMS, with strong SQL skills for data analysis and validation