Murex MLC Consultant

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

Job summary

Luxoft in Chennai is seeking a Credit Risk Consultant to implement credit risk functionalities using Murex MLC. You will work with a leading bank, supporting technical and functional delivery across modules while collaborating with internal teams and vendors.

The role requires 1+ years in a similar role, strong credit risk knowledge, and certification in CFA/FRM/CA. You will configure risk settings, write SQL scripts, automate with shell scripts, and assist testing and deployment.

Qualifications

• 1+ years of experience in a similar role.
• Strong understanding of credit risk exposures and hands-on delivery experience.
• Understanding of Market Risk fundamentals, including CVA and collateral management
• CFA or FRM or CA certification is mandatory
• Familiarity with PFE, xVA, compliance, and collateral practices.
• Knowledge of IRS, CCS, FX Forward instruments, and pricing.
• Regulatory exposure: Basel II/2.5/III, SA-CCR, SIMM, FRTB-xVA.
• Good problem-solving and communication skills.

Responsibilities

• Work as a Credit Risk Consultant on Murex MLC.
• Configure Risk Settings, Limits, MLC Formulas, Excess Management, and Limits Engine.
• Write SQL scripts and automate using shell scripting; handle scheduling via Control-M or Autosys.
• Support testing and deployment activities end-to-end.
• Liaise with cross-functional teams to implement changes.
• Provide troubleshooting support and documentation.

Skills

Credit risk

Murex MLC

SQL

Shell scripting

Controls & scheduling

Testing & deployment

Documentation

Communication

Education

CFA or FRM or CA certification

Job description

Project description

This role is for a Credit Risk Consultant working with a leading bank to implement credit risk functionalities using Murex MLC. The consultant will support technical and functional delivery across modules while working closely with internal teams and vendors.

Responsibilities

• Work as a Credit Risk Consultant on Murex MLC.
• Configure Risk Settings, Limits, MLC Formulas, Excess Management, and Limits Engine.
• Write SQL scripts and automate using shell scripting; handle scheduling via Control-M or Autosys.
• Support testing and deployment activities end-to-end.
• Liaise with cross-functional teams to implement changes.
• Provide troubleshooting support and documentation.

SKILLS

Must have

• 1+ years of experience in a similar role.
• Strong understanding of credit risk exposures and hands-on delivery experience.
• Understanding of Market Risk fundamentals, including CVA and collateral management
• CFA or FRM or CA certification is mandatory
• Familiarity with PFE, xVA, compliance, and collateral practices.
• Knowledge of IRS, CCS, FX Forward instruments, and pricing.
• Regulatory exposure: Basel II/2.5/III, SA-CCR, SIMM, FRTB-xVA.
• Good problem-solving and communication skills.

Nice to have

• Experience in MxTest / ONYX experience would be a plus
• Experience in other Murex modules like Market Risk, Credit Risk, Accounting, etc.