Murex Upgrade_Market Risk Lead Consultant - D04 Harbourfront,Telok Blangah, Sentosa Island, SG

Roles & Responsibilities

Project Description : One of our client (a leading bank of Singapore) is undertaking a strategic upgrade of its Murex MX.3 platform to enhance system resilience, support new product capabilities, and align with evolving regulatory and operational requirements.

This initiative includes upgrading from version 3.1.42.48b to 3.1.6x.x, onboarding the EQA and OSP Excess modules, and implementing comprehensive reconciliation, testing automation, and governance frameworks.

Responsibilities :

• Prime role is to act as a Risk Consultant Lead for upgrade project across IT and the business
• Lead the requirement understanding to design and implementation of the market risk module in Murex (VaR, sensitivities, stress testing, etc.)
• Lead the delivery of market risk workstreams in implementation or upgrade projects.
• Track and report on milestones, risks, and dependencies.
• Work with different IT teams across infrastructure, and other divisions to deliver system solutions for the business.
• Strong knowledge of market risk measures (VaR, sensitivities, stress tests)
• Understanding of risk regulation and internal risk frameworks
• Hands-on experience with Murex Market Risk modules (VAR cube, dynamic simulation, MxRisk)
• Familiarity with financial products : IRD, FXD, EQD, CRD, Commodities
• Build a strong relationship and manage expectations with users and stake holders.
• Candidate is expected to be fully hands-on when managing his assigned tasks and while acquiring the necessary skills as expected of his role and responsibilities. An independent worker who can multi-tasks is a must have quality
• It would involve Build, Test & Recon of Market Risk views, Stress Test Reports
• Ensure timely delivery of all market risk configurations and documentation.

Mandatory Skills Description :

Nice-to-Have Skills Description : Understanding of Trade Life Cycle

Tell employers what skills you have

Market Risk

Stress

Interpersonal Skills

Business Analysis

market risk analysis

Scripting

Python

Stress Testing

Team Player

Excess

market risk exposures

Debugging

Murex