About this role
About the CompanyWe are a premier financial technology and enterprise systems transformation partner embedded within tier-1 corporate and investment banking institutions. By combining deep capital markets domain expertise, quantitative risk frameworks, and rigorous delivery governance, we orchestrate massive, high-performance software migrations that power global market architectures. We focus on engineering mastery, regulatory risk modernization, and cultivating top-tier senior advisory talent in Singapore. About the JobWe are seeking a senior, elite-level Murex Risk Lead to serve as the core Subject Matter Expert (SME) and workstream lead for a Tier 1 corporate bank's multi-year transformation programme in Singapore. In this highly critical position, you will take complete end-to-end design, configuration, and delivery ownership of market risk and credit risk capabilities within the Murex MX.3 platform. You will lead a high-profile initiative encompassing platform upgrades, new module onboarding, and complex regulatory compliance mandates—specifically FRTB (SA/IMA) and Basel III/IV. Acting as the primary bridge between Risk Management executives, Quantitative Analytics squads, and Murex Technology delivery teams, you will manage a team of risk analysts to design, validate, and automate mission-critical risk pipelines, financial curve calibrations, and downstream regulatory reporting streams. Key ResponsibilitiesSolution Architecture & Regulatory Requirements • Risk Architecture Design: Translate complex business and compliance mandates from Risk Managers, Quant Analysts, and MAS/international regulators into granular technical blueprints and Functional Design Documents (FDDs). • Workroom Facilitation: Run structured workshops with Front Office, Middle Office, and Risk stakeholders to formulate unified risk calculation methodologies aligned with the bank’s target operating model. • Gap & Model Validation: Execute gap analysis between legacy risk configurations and target-state requirements; model transactions and validate configurations to ensure exact risk metric accuracy. Core Murex Risk Module Configuration • Module Engineering: Provide expert-level, hands-on configuration across core MX.3 risk components: VAR (VaR engine), MRA (Market Risk Aggregation), MRB (Market Risk Back-testing), MRE (Market Risk Engine), and ERM (Enterprise Risk Management). • Stress Testing Frameworks: Build and maintain advanced Scenario Definitions, multi-variable stress testing frameworks, and risk factor assignments for corporate management and regulatory views. • Market Data & Curve Calibrations: Configure complex rate curve construction, volatility surface setups, model assignments, and rate curve assignment methods to ensure consistent risk sensitivities (Greeks: Delta, Vega, Gamma, DV01, CS01). • Batch & Datamart Automation: Oversee Murex Datamart configuration for risk reporting (universe design, indicator setups). Develop automation scripts using SQL, Shell, Python, and ANT to integrate risk jobs with enterprise batch schedulers (Control-M / Autosys). Compliance & Quantitative Implementation • FRTB Standardised Approach (SA): Lead the execution of FRTB-SA covering Sensitivity-Based Methods (SBM), Default Risk Charge (DRC), and Residual Risk Add-On (RRAO). • FRTB Internal Models Approach (IMA): Support FRTB-IMA pipelines focusing on Expected Shortfall (ES) computations, Non-Modellable Risk Factors (NMRF), and P&L Attribution Testing (PLAT). • Counterparty Credit Risk (CCR): Configure and validate SA-CCR, Potential Future Exposure (PFE), and Credit Valuation Adjustment (CVA) capital charge frameworks. Skills & Experience RequiredMust-Have Skills (Mandatory for Skills Matching) • Murex Risk Experience: Minimum 10+ years of hands-on experience as a Market Risk Functional Consultant or Systems Analyst on Murex MX.3 programs within investment banking. • Module Configuration Mastery: Mandatory hands-on deployment track record across at least three core modules: VAR, MRA, MRB, MRE, or ERM. • Quantitative Risk Modeling: Deep functional execution of Value at Risk (VaR) calculations (Historical Simulation, Monte Carlo, P&L VaR) and Greeks/sensitivities attribution. • Regulatory Implementation: Proven track record implementing FRTB (SA or IMA) and SA-CCR / CVA frameworks natively within MX.3. • Automation Stack: Strong proficiency in SQL alongside scripting frameworks (Python, Shell, or ANT) for risk batch processing. • Workstream Leadership: Demonstrated background leading a dedicated team of risk consultants within a large-scale core banking platform upgrade. Good-to-Have Skills (Preferred Differentiators) • Professional risk qualifications (such as FRM or PRM credentials). • Direct experience with Murex platform version upgrades (e.g., migrating from legacy 2.11 environments or upgrading sub-version layers of MX.3) including report migration and regression analysis. • Familiarity with the broader Murex Global Markets Platform, simulation workflows, and MxML interface debugging. Qualifications • Bachelor’s or Master’s degree in a highly quantitative discipline: Financial Engineering, Mathematics, Finance, Computer Science, or equivalent. • Superb consultative communication and presentation skills, with the corporate polish needed to steer Steering Committees and senior Risk Stakeholders. How to ApplyPlease click on the 'apply' button to apply online. For more information, please reach out to Vievien Nathan.EA License Number: 94C3609
Also in Software Engineering