Senior Quantitative Risk Validator - Murex Expert

LUXOFT SINGAPORE PTE. LTD.; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

Luxoft Singapore Pte. Ltd. seeks a Senior Quantitative Analyst to join our Risk Management team for independent validation of pricing, risk, and calibration models within the Murex platform in Singapore.

You will validate derivatives pricing, market risk, and credit risk models, map models to Murex workflows, and train risk managers on new features. Strong communication and stakeholder management are essential.

Qualifications

• Minimum 5+ years hands-on Murex experience with pricing, valuation, and risk models.
• 6+ years in quantitative risk management or model validation in banking.
• Strong understanding of financial products and valuation methodologies.
• Proficient in Python, C++, MATLAB, or R with SQL for data extraction.
• FRM/CFA/CQF or equivalent certifications preferred.
• Bachelor/Master in Quantitative field (Quantitative Finance, Financial Engineering, Mathematics, Statistics, or Physics).

Responsibilities

• Act as SME for Murex pricing, valuation, and risk models.
• Conduct end-to-end model validation for derivatives pricing, market risk, credit risk, and calibration models within Murex.
• Map quantitative models to Murex configuration ensuring risk numbers' integrity.
• Validate models across asset classes: IR derivatives, FX, credit, fixed income, structured products.
• Design and deliver technical training on Murex features to risk managers and analysts.
• Perform benchmarking, sensitivity analysis, back-testing, stress testing, scenario analysis, and model performance assessments.
• Produce clear validation reports detailing assumptions, methods, and testing results.
• Support Head Office Model Risk Management with Independent Validation activities.
• Coordinate evidence gathering, documentation, and validation deliverables.
• Assist in model approval, remediation, and review processes.
• Track validation findings and close identified risks and gaps.
• Serve as a focal point for model-related queries and Murex support.
• Collaborate with Front Office, Market Risk, Finance, and IT; engage with external consultants.

Skills

Murex pricing & risk models

Quant risk management

Python

C++

MATLAB

R

SQL

Excel/VBA

Education

Bachelor's or Master's in Quantitative Field

Tools

Murex platform

Job description

Luxoft Singapore Pte. Ltd. seeks a Senior Quantitative Analyst to join our Risk Management team for independent validation of pricing, risk, and calibration models within the Murex platform in Singapore.

You will validate derivatives pricing, market risk, and credit risk models, map models to Murex workflows, and train risk managers on new features. Strong communication and stakeholder management are essential.