Senior Murex Risk consultant

Description

The project involved the implementation and enhancement of risk management solutions within the Murex platform for a financial institution. The main objective was to support market and credit risk processes by configuring, customizing, and maintaining Murex risk modules in line with business and regulatory requirements. Responsibilities included analysis of risk metrics such as VaR, sensitivities, stress testing, and P&L explain, as well as close cooperation with front office, risk management, and IT teams. The role required translating business requirements into Murex configurations, validating risk calculations, supporting UAT, and ensuring data quality and system stability. The project also covered troubleshooting production issues, optimizing risk calculations, and supporting reporting processes. Strong focus was placed on accuracy, regulatory compliance, and effective communication between technical and business stakeholders.

What we offer

• Global Relocation - (Relocation options; Experience in an international environment; Cross-cultural experience)

• Recognition and Evaluation - (Feedback culture; Regular appraisals)

• Time Off - (Annual holiday - 20 or 26 days. The duration of the leave depends on the overall seniority; Occasional leave - 1 or 2 days/ depending on the circumstances; Child care leave - 2 days or 16 hours per year; Absence due to force majeure - 2 days or 16 hours per year; Maternity Leave - 20 weeks; Parental Leave - 41 weeks; Paternity Leave - 14 days)

• Luxoft Training Center - (Expert-led tech courses covering basic to advanced topics; Internal instructor-led soft skills courses; Comprehensive in-house self-learning resources for both soft and hard skills; Access to external self-learning libraries like ProQuest eBook and Udemy for Business; Cloud Programs: MS Cloud Academy, AWS Partner Academy, Google Cloud Academy; Custom Learning Programs: upskilling, reskilling, technical mentorship; Leadership Programs for Managers)

• Well-being and Work-life Balance - (Multisport card; Possibility to order Multisport card at the corporate rate for family members; LuxGood Program: wellbeing seminars, contests, relaxation sessions, yoga sessions, etc.; One Team Program: Buddy for each New Joiner; seminars, meeting and workplace space to support integration with local community and culture; “Hire me” workshops for partners; Preferential banking offer; Preferential car leasing offer; Cafeteria program discounts for shops, cinema tickets, holiday offers; Luxoft Social Benefit Fund: sport and recreation benefits, the possibility to receive financial support)

• Health Care - (Private Healthcare Insurance with unlimited access to specialists; Full dental support; Travel Insurance; Possibility to add private healthcare coverage for family members at the corporate rate; Life insurance at the corporate rate for employees and family members, including payment of the basic package for the employee by the employer; Reimbursement for corrective glasses)

• Company Events and Friendly Environment - (Many fun social activities organized by the Luxoft team offline in your city; Online entertainment events for whole company and local team events; A workplace where you’re treated with respect within a multicultural team)

• Internal Mobility - (Rotation between projects and accounts; New career opportunities)

• Self-Learning Library

• CSR Projects

Other

• Languages: English: B2 Upper Intermediate

• Seniority: Regular

Requirements

• Minimum 8 years of Murex experience

• Strong knowledge of the end-to-end VaR calculation process, including Full Revaluation and Taylor approximation methods

• Solid understanding of completeness checks and data integrity controls within Market Risk processes

• Proven knowledge of Market Risk metrics and their practical application

• Hands-on experience with the Murex 3.x platform

• Experience in executing end-to-end integration testing and validating risk results

• Ability to perform analysis and reporting for ongoing risk-related projects

• Active participation in projects and initiatives, including proposing process and system improvements

• Experience in handling requests and queries from Market Risk users, providing functional support and issue resolution

• Strong analytical skills and attention to detail

• Good communication skills in English

• Proactive, curious individual with fast learning ability.

• Strong teamwork capability and coordination with peers.

• High degree of autonomy.

• Good tolerance for working under pressure.

• Effective communication.

• Knowledge of Market Risk and Financial Products.

• Medium‑to‑advanced Excel skills.

• Knowledge of SQL, Big Data, or Python is a plus.

Responsibilities

• Knowledge of the end‑to‑end process for calculating VaR metrics using Full Revaluation and Taylor methods, including completeness and data‑integrity analysis, as well as monitoring and reviewing the calculated figures.

• Knowledge of Market Risk Metrics.

• Proficiency with the Murex 3.x platform. (Min 8 years experience with Murex)

• Execution of end‑to‑end integration tests.

• Analysis and reporting of ongoing projects.

• Participation in projects and initiatives, including proposing improvements to the process.

• Handling requests and queries from Market Risk users.