Murex Market Risk Lead

LUXOFT INFORMATION TECHNOLOGY (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Luxoft Information Technology (Singapore) PTE. LTD. in Singapore seeks a senior risk systems analyst to gather, analyze, and document requirements for Market Risk and Credit Risk platforms. The role covers VaR, stress testing, and regulatory reporting within a multi-year implementation with Murex Risk modules.

You will coordinate with Risk, Treasury, Front Office, Operations, and Technology teams, perform data analysis with SQL, support SIT/UAT, and ensure successful production releases.

Qualifications

• More than 7 years of experience in Risk Systems Analysis.
• Strong hands-on experience with Murex Market Risk and Murex Credit Risk.
• Strong knowledge of VaR, EWRS, MLC, and Credit Risk Management.
• Experience in requirements gathering, impact analysis, and functional documentation.
• Excellent stakeholder management and communication skills.

Responsibilities

• Gather, analyse, and document business requirements for Market Risk and Credit Risk systems.
• Conduct impact assessments and feasibility studies for new initiatives and system enhancements.
• Translate business requirements into detailed functional specifications and support solution design discussions.
• Analyze Market Risk processes including VaR, Stress Testing, and Risk Exposure Reporting.
• Support Credit Risk solutions including Counterparty Risk, Exposure Management, and Limit Monitoring.
• Work with Murex Risk modules across Market and Credit Risk; coordinate with development teams during implementation and testing phases.
• Perform data validation, SQL queries, and support regulatory and management reporting requirements.
• Coordinate SIT/UAT and production releases; provide status updates to stakeholders.

Skills

Risk Systems Analysis

Murex Market Risk

Murex Credit Risk

VaR

EWRS

MLC

Credit Risk Management

Requirements gathering

Impact analysis

Functional documentation

SQL

Data analysis

SIT/UAT support

Stakeholder management

Communication skills

Tools

Murex Risk

Job description

Project details

Our customer is a Leading bank headquartered in Singapore implementing a front to back integrated platform for straight through processing and risk management.

This is a multi-year initiative where different projects run in concurrence across streams including: new product initiatives, new entity roll-outs and regulatory compliances.

The project you will be working on is a multi-year initiative looking to implement market-risk FRTB IMA for the customer.

This project is a great opportunity for the successful candidate to gain or extend in-depth knowledge on FRTB IMA.

Responsibilities

1. Business & Functional Analysis

• Gather, analyse, and document business requirements related to Market Risk and Credit Risk systems.
• Conduct impact assessments and feasibility studies for new initiatives and system enhancements.
• Translate business requirements into detailed functional specifications.
• Support solution design discussions with business and technical stakeholders.

2. Market Risk Analysis

• Analyse and support Market Risk processes including:
• Value at Risk (VaR)
• Stress Testing
• Sensitivity Analysis
• Risk Exposure Reporting
• Validate risk calculations and reporting outputs.

3. Credit Risk Analysis

• Support Credit Risk solutions including:
• Counterparty Credit Risk
• Exposure Management
• Limit Monitoring
• Credit Risk Reporting
• Analyse and validate risk data and business rules.

4. Murex Risk Platform Support

• Work with Murex Risk modules covering:
• Market Risk
• Credit Risk
• Support system enhancements, configuration changes, and issue resolution.
• Coordinate with development teams during implementation and testing phases.

5. Data Analysis & Reporting

• Perform data validation, reconciliation, and root cause analysis.
• Develop and execute SQL queries for data analysis and reporting validation.
• Support regulatory and management reporting requirements.

6. Testing & Release Support

• Prepare test scenarios and test cases.
• Support SIT, UAT, and regression testing activities.
• Validate implemented solutions against business requirements.

7. Stakeholder Management

• Collaborate with Risk, Treasury, Front Office, Operations, and Technology teams.
• Provide functional clarifications and status updates.
• Support issue resolution and change management processes.

Requirements

• More than 7 years of experience in Risk Systems Analysis
• Strong hands-on experience with:
• Murex Market Risk
• Murex Credit Risk
• Strong knowledge of:
• VaR (Value at Risk)
• EWRS
• MLC
• Credit Risk Management
• Strong business knowledge of risk management processes and financial products
• Experience in requirements gathering, impact analysis, and functional documentation
• Strong SQL and data analysis skills
• Experience supporting SIT, UAT, and production releases
• Excellent stakeholder management and communication skills