Murex Market Risk Consultant

Luxoft; Kuala Lumpur; On-site; MYR 80,000 - 110,000; Full time

Job summary

A leading technology consulting firm in Kuala Lumpur is seeking a skilled Business Analyst with over 5 years of Murex risk management experience. You will be vital in translating market risk requirements to technical teams, ensuring compliance with regulations, and enhancing efficiency through targeted system improvements. This role requires hands-on experience with the Murex trading platform and strong proficiency in collaboration tools such as JIRA and Confluence.

Qualifications

• 5+ years of experience in financial services, focusing on Murex risk management.
• Strong understanding of market risk management principles.
• Proficiency in Business Documentation like BRDs and FSDs.

Responsibilities

• Liaise with Business users for Market risk specific requirements.
• Translate and cascade Business requirements to Tech/Dev Teams.
• Participate in System Design sessions.

Skills

Murex risk management

Market Risk

VaR

Market Risk Aggregation

FRTB regulations

Business Documentation

Murex trading platform

JIRA

Confluence

Trade lifecycle

Treasury products

Agile methodology

Tools

Murex

JIRA

Confluence

SQL

CI/CD tools

Job description

Project description

DXC-Luxoft has one of the world's leading Murex practices. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. We provide end-to end project services and have delivered over 200 successful Murex projects across all major asset-classes and sectors including investment banking, asset management, corporate treasury and insurance.

Responsibilities

• Liaise with Business users for Market risk specific requirements
• Translate and cascade Business requirements to Tech /Dev Teams
• Participate and contribute to System Design sessions
• Validate the Tech deliverables against the Specified Business requirements
• Timely Feedback to Tech teams for features requiring code changes
• Work with Business users for UAT and subsequent sign offs
• Representing Treasury & Markets (T&M) in inter-departmental working committees such as PWC, acting as a key liaison to ensure business priorities are accurately reflected in cross-functional initiatives.
• Assessing Existing Trading and Dealing Systems used by T&M teams to identify gaps and propose targeted system and process enhancements that improve efficiency, accuracy, and user experience.
• Mapping Business Processes to System Requirements, ensuring that core operational and trading workflows are accurately captured and reflected in the design and development of new technology solutions.
• Communicating Findings Effectively to business users and department heads through clear visual representations, analogies, and structured documentation to facilitate understanding and decision-making.
• Ensuring Compliance of New IT Solutions with internal policies, regulatory standards, and risk control frameworks, supporting audit readiness and operational integrity.

SKILLS

Must have

• 5+ years of experience in financial services, with a focus on Murex risk management
• Knowledge and work experience on Market Risk.
• Strong understanding of market risk management principles, including VaR
• Familiarity with Market Risk Aggregation (MRA) and Market Risk Engine (MRE) configurations.
• Knowledge of regulatory frameworks, particularly FRTB.
• Should have prior implementation experience of Historic Var, Counterparty Var, stressed Var etc.
• Should be adept in Business Documentation like BRDs and FSDs
• Hands-on experience with Murex trading platform desirable, especially in trade booking, lifecycle events, and integration workflows.
• Proficiency in JIRA for agile project tracking and Confluence for documentation and collaboration.
• Proven experience as a Business Analyst in financial services, banking, or technology domains.
• Strong understanding of trade lifecycle, treasury products (FX, derivatives, fixed income), and settlement processes.
• Ability to manage multiple priorities and work in a fast-paced, agile environment

Nice to have

• Knowledge on Murex (e-tradepad, simulation, Limits, Livebook, Mxml, Datamart etc)
• Understanding of basic Java/Object oriented programming/Microservices/SQL/Openshift/CI/CD tools (Git hub/jenkins)/Shell scripting is desirable