Murex Market Risk Consultant

Project details

DXC-Luxoft has one of the world's leading Murex practices. We are a top-tier Murex Alliance Partner and a market leader in implementation, integration, upgrade and migration. We provide end-to end project services and have delivered over 200 successful Murex projects across all major asset-classes and sectors including investment banking, asset management, corporate treasury and insurance.

Responsibilities

• Liaise with Business users for Market risk specific requirements

• Translate and cascade Business requirements to Tech /Dev Teams

• Participate and contribute to System Design sessions

• Validate the Tech deliverables against the Specified Business requirements

• Timely Feedback to Tech teams for features requiring code changes

• Work with Business users for UAT and subsequent sign offs

• Representing Treasury & Markets (T&M) in inter-departmental working committees such as PWC, acting as a key liaison to ensure business priorities are accurately reflected in cross-functional initiatives.

• Assessing Existing Trading and Dealing Systems used by T&M teams to identify gaps and propose targeted system and process enhancements that improve efficiency, accuracy, and user experience.

• Mapping Business Processes to System Requirements, ensuring that core operational and trading workflows are accurately captured and reflected in the design and development of new technology solutions.

• Communicating Findings Effectively to business users and department heads through clear visual representations, analogies, and structured documentation to facilitate understanding and decision-making.

• Ensuring Compliance of New IT Solutions with internal policies, regulatory standards, and risk control frameworks, supporting audit readiness and operational integrity.

Requirements

• 5+ years of experience in financial services, with a focus on Murex risk management

• Knowledge and work experience on Market Risk.

• Strong understanding of market risk management principles, including VaR

• Familiarity with Market Risk Aggregation (MRA) and Market Risk Engine (MRE) configurations.

• Knowledge of regulatory frameworks, particularly FRTB.

• Should have prior implementation experience of Historic Var, Counterparty Var, stressed Var etc.

• Should be adept in Business Documentation like BRDs and FSDs

• Hands-on experience with Murex trading platform desirable, especially in trade booking, lifecycle events, and integration workflows.

• Proficiency in JIRA for agile project tracking and Confluence for documentation and collaboration.

• Proven experience as a Business Analyst in financial services, banking, or technology domains.

• Strong understanding of trade lifecycle, treasury products (FX, derivatives, fixed income), and settlement processes.

• Ability to manage multiple priorities and work in a fast-paced, agile environment