Risk System Analyst_L3 - Derivatives valuation & Quantitative pricing

LUXOFT INFORMATION TECHNOLOGY (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

LUXOFT Information Technology (Singapore) Pte. Ltd. is seeking an experienced Business Analyst for the Treasury IT team in Singapore to support the bank's core treasury operations across commodities, derivatives, FX, and fixed income.

The role focuses on derivatives pricing, risk valuation, and financial modelling, working with vendors and end-users to ensure successful project deployment. You will gather requirements, drive testing, and translate complex financial concepts into actionable

Qualifications

• 6+ years of derivatives valuation and risk evaluation experience.
• Strong ability to gather requirements and translate them into technical specs.
• Experience in pricing models for x-Asset products and market data.
• Proven experience delivering large-scale IT projects.
• Excellent communication with stakeholders.
• Murex v3 experience is a plus.

Responsibilities

• Deliver strategic projects for the bank's treasury division.
• Model derivatives pricing and risk valuation.
• Gather requirements, coordinate with vendors, and drive end-user testing for deployment.

Skills

Derivatives valuation

Risk evaluation

Financial modelling

Requirements gathering

Stakeholder communication

Programming (Python/C++/R)

Testing & deployment

Education

Master's degree in Computer Science / Quantitative Finance

CFA / CQF (advantageous)

Job description

Project Description: Our client is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, they operate through their head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our client history spans more than 80 years. Over this time, they have been guided by their values - Honorable, Enterprising, United and Committed. This means they always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how they work, consistently, be it towards the company, their colleagues or their customers.

Our Client in Singapore is looking for an experienced business analyst for the core Treasury IT team to support the bank's treasury division for the business with Commodities, Credit Derivatives, FXD, IRD, FX, MM, Fixed Income products in Singapore, Thailand, Indonesia, Malaysia, China and its overseas branches across the globe.

This role is for the Global Markets Programme - Risk Project implementation using Murex v3. The role is based in Singapore and requires interaction with users and stake holders in Singapore & overseas.

Responsibilities

• The system analyst role is responsible for the delivery of strategic projects or tactical changes for the bank's treasury division.
• The focus is on the financial modelling including derivatives Pricing and Risk valuation for our client in Singapore and branches.
• The role requires the successful candidate to gather requirements, work with the vendors and drive the testing with the end users to ensure a successful deployment of the project.

Mandatory Skills Description

• 6+ years of track record in Derivatives valuation and Risk evaluation capabilities for a multi-national/regional company
• Self-motivated risk management professional with an interest in delivering strategic change solutions to enable effective solutions around traded risk management
• Good understanding of X-Asset Derivatives Pricing and Risk (eg. Monte-carlo, PDE valuation, XVA, and PFE)
• Strong technical knowledge
• Good business domain knowledge of Banking & Trading book
• Highly effective communicating with technical stakeholders, proficient communicating with non-technical stakeholders
• Good problem solving, analytical, synthesis, system thinking and solutioning skills
• Ability to identify, monitor and manage project risks, issues and dependencies, and agree appropriate solutions with sponsors and key stakeholders
• Strong influencing skills to achieve alignment up and down the organization
• Experience in implementing large-scale, highly available applications or other large project implementations
• Proven result-oriented person with a focus on delivery
• Good understanding and experience in software development cycle
• Experience working with Derivatives valuation and Quantitative pricing.
• Understanding of Pricing models for x-Asset products and required Market data.
• Understanding of Risk evaluation and Sensitivities
• Programming knowledge (Python / C++ / R) would be an advantage.
• Strong technical & functional background.

Education

• Master's degree in Computer science/ Quantitative Finance or in Finance domain
• Related professional/technical qualification (CFA / CQF for e.g.) will be advantageous although not mandatory

Technical Skills

• Experience working with Derivatives valuation and Quantitative pricing.
• Understanding of Pricing models for x-Asset products and required Market data.
• Understanding of Risk evaluation and Sensitivities
• Programming knowledge (Python / C++ / R) would be an advantage.
• Quantitative Pricing and Risk