Senior Murex Risk Model Validator & Quant SME

Luxoft; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Luxoft in Singapore seeks a Senior Quantitative Analyst for the Risk Management team to lead model validation of derivatives pricing, market risk, and calibration models within the Murex platform. You will ensure independence, governance, and robust risk measurements across front-to-back workflows.

Collaborating with Risk, Front Office, and HO Model Validation, you will document validation findings and support remediation while upskilling risk professionals on Murex features and analytics

Qualifications

• Murex Expertise: 5+ years with pricing analytics, curves, and risk matrices.
• Quant Risk Experience: 6+ years in quantitative risk management or model validation.
• Asset class knowledge across derivatives, fixed income, FX, and structured products.
• Strong programming skills in Python, C++, MATLAB, or R with SQL for data extraction.

Responsibilities

• Lead end-to-end validation of pricing, market risk (VaR/FRTB), credit risk (XVA, PFE) within Murex.
• Map quantitative models to Murex configurations (MLC, MxML, Market Data Cubes).
• Produce comprehensive validation reports detailing assumptions, math derivations, and testing results.
• Deliver technical training on Murex features to risk managers and analysts.

Skills

Murex Expertise

Quant Risk Experience

Asset Class Knowledge

Programming Skills

SQL

Excel/VBA

Certifications (FRM/CQF/CFA)

Education

Bachelor's or Master's in quantitative field

Tools

Python

C++

MATLAB

R

Job description

Luxoft in Singapore seeks a Senior Quantitative Analyst for the Risk Management team to lead model validation of derivatives pricing, market risk, and calibration models within the Murex platform. You will ensure independence, governance, and robust risk measurements across front-to-back workflows.

Collaborating with Risk, Front Office, and HO Model Validation, you will document validation findings and support remediation while upskilling risk professionals on Murex features and analytics