Senior Global Markets Risk & Derivatives Analyst

Luxoft; Singapore; On-site; SGD 170,000 - 250,000; Full time

Job summary

Luxoft is seeking an experienced business analyst for the Global Markets Programme – Risk, to support treasury IT initiatives for a leading Asia-Pacific bank. Based in Singapore, you will engage users and stakeholders globally while focusing on derivatives pricing, risk valuation, and model validation.

You will gather requirements, collaborate with vendors, and lead testing to ensure successful deployment of Murex v3 based solutions.

Qualifications

• 6+ years in derivatives valuation and risk evaluation.
• Strong ability to explain complex pricing to non-technical stakeholders.
• Master's degree in CS/Quant Finance or Finance domain; CFA/CQF advantageous.

Responsibilities

• The system analyst leads delivery of strategic or tactical treasury projects.
• Model financial valuation and risk for derivatives pricing across regions.
• Gather requirements, coordinate with vendors, and drive end-user testing for deployment.

Skills

Derivatives valuation

Risk evaluation

X-Asset pricing

Pricing models

Python

C++

R

Stakeholder communication

Software development lifecycle

Education

Master's in Computer Science or Quantitative Finance

Finance domain qualification (CFA / CQF advantageous)

Tools

Python

C++

R

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.

SKILLS

Must have

• 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 mandatoryTechnical 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

Nice to have

NA