Senior Murex Market Risk Lead | VaR & Stress Testing

LUXOFT INFORMATION TECHNOLOGY (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

LUXOFT INFORMATION TECHNOLOGY (SINGAPORE) PTE. LTD. is seeking a Senior Market Risk Consultant to drive the Murex MX.3 upgrade for a leading Singapore bank.

You will lead requirements, design and delivery of VaR, sensitivities and stress testing, and own risk workstreams from planning to delivery. Responsibilities include cross‑functional collaboration, regulatory alignment, and hands‑on configuration of MxRisk, VAR Cube, and related modules across IRD, FXD, EQD, CRD and commodities.

Qualifications

• 3+ years of experience in Murex Market Risk and upgrade projects.
• Strong knowledge of VaR, stress testing and back testing.
• Hands-on with MRE, MRA, ERM & Market Data configuration, debugging and development, scenario generation.
• Proficient in SQL, Shell Scripting, Python and Ant Scripts; capable of business analysis.
• Hands-on business analysis to analyse changes and functional requirements.
• Strong technical background with good communication and teamwork, plus Murex upgrade experience.

Responsibilities

• Act as Senior Market Risk Consultant for Murex implementation and upgrade programs.
• Lead requirements gathering, design, and delivery of Market Risk modules (VaR, sensitivities, stress testing).
• Own and manage market risk workstreams, milestones, risks, and dependencies.
• Collaborate with cross-functional IT and business teams to deliver risk solutions.
• Apply market risk methodologies and ensure alignment with regulatory and internal frameworks.
• Configure and support Murex Market Risk modules (VAR Cube, Dynamic Simulation, MxRisk).
• Support market risk across IRD, FXD, EQD, CRD, and Commodities products.
• Perform build, testing, reconciliation, and validation of risk views and stress reports.
• Manage stakeholder expectations and ensure timely delivery of configurations and documentation.
• Demonstrate strong ownership with a hands‑on, independent, and multitasking approach.

Skills

Murex Market Risk

VaR

Stress Testing

MRE

MRA

Market Data Config

Debugging

SQL

Shell Scripting

Python

Ant Scripts

Business Analysis

Communication

Tools

SQL

Shell Scripting

Python

Ant Scripts

MxRisk

Job description

LUXOFT INFORMATION TECHNOLOGY (SINGAPORE) PTE. LTD. is seeking a Senior Market Risk Consultant to drive the Murex MX.3 upgrade for a leading Singapore bank.

You will lead requirements, design and delivery of VaR, sensitivities and stress testing, and own risk workstreams from planning to delivery. Responsibilities include cross‑functional collaboration, regulatory alignment, and hands‑on configuration of MxRisk, VAR Cube, and related modules across IRD, FXD, EQD, CRD and commodities.