Senior Murex Credit Risk Business Analyst

Apply
Apply

Share

successfully icon

Successfully

The vacancy has been successfully added to favorites

location icon

Singapore, Singapore

relocation icon

Relocation friendly

specialization icon

Murex ERM

lob icon

BCM Industry

date icon

29/04/2026

Req. VR-122597

Apply
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
bullet icon

Lead end-to-end business analysis for Credit Risk systems, including requirement gathering, solution design, and implementation support.

bullet icon

Act as a Business Analyst to define business requirements, functional specifications, workflows, and reporting logic.

bullet icon

Drive large-scale transformation initiatives such as system upgrades (e.g., Murex), regulatory programs, and process re-engineering.

bullet icon

Collaborate with cross-functional teams including Technology, Front Office, Risk, Finance, Operations, Legal, and Compliance to ensure alignment and successful delivery.

bullet icon

Perform data analysis on large datasets to support risk calculations, exposure measurement, and reporting accuracy.

bullet icon

Analyze and interpret risk data, sensitivities, and valuation outputs, identifying root causes for discrepancies and driving resolution.

bullet icon

Support UAT planning, execution, and business sign-off, including test case preparation and validation of system enhancements.

bullet icon

Contribute to credit risk exposure methodology improvements, ensuring accurate data flow and reporting logic.

bullet icon

Participate in regulatory and change-the-bank initiatives such as CCP integration, collateral optimization, settlement risk, and wrong-way risk frameworks.

bullet icon

Develop and enhance automated reporting and workflows using tools like Excel VBA, SQL, and Power BI.

bullet icon

Engage in process optimization and re-engineering, improving operational efficiency and data quality.

bullet icon

Provide post-implementation support, including issue resolution, stakeholder communication, and continuous improvement.

Skills

Must have

bullet icon

6+ years of experience in banking/financial services as Credit Risk Business Analyst in Murex

bullet icon

Understanding of financial products lifecycle, including Bonds, FX, Equities Derivatives, Structured products

bullet icon

Experience with risk data, valuation processes, and exposure calculations

bullet icon

Proven experience as a Business Analyst / Functional Analyst / Product Owner

bullet icon

Expertise in requirements gathering, functional specification writing, and workflow design

bullet icon

Hands-on experience in UAT, system implementation, and change management

bullet icon

Familiarity with Agile and Waterfall methodologies

bullet icon

Strong proficiency in SQL , Excel (VBA, Power Query, Power Pivot) , Power BI / data visualization tools, MS Access

bullet icon

Experience working with large datasets and data analysis

bullet icon

Familiarity with JIRA, Confluence, Visio

bullet icon

Strong stakeholder management and communication skills

bullet icon

Ability to translate business requirements into technical solutions

bullet icon

Excellent analytical and problem-solving skills

bullet icon

Ability to work in cross-functional and global teams

Nice to have

bullet icon

Exposure to market data providers such as Bloomberg / Reuters

bullet icon

Experience in process re-engineering and digital transformation initiatives

bullet icon

Basic knowledge of Python

Other
seniority icon

Languages

English: C1 Advanced

seniority icon

Seniority

Senior

Singapore, Singapore

Req. VR-122597

Murex ERM

BCM Industry

29/04/2026

Req. VR-122597

Apply for Senior Murex Credit Risk Business Analyst in Singapore

*Indicates a required field

Under the terms of your specific consent or to perform our obligations under a contract with you, as applicable, we, Luxoft Holding Inc. will manually and electronically process your personal data, specifically your first name, last name, phone number, e-mail address and other data you provide us through this form.


Within this context, we process personal data only for the specific purpose(s) indicated in the individual consent language or other notices provided below.


We will – insofar as reasonably necessary for the purpose you have agreed to and within the scope of applicable laws – transfer your personal data to other entities within the Luxoft Group and to the group of third party recipients listed in our Privacy Notice. Such Recipients can be located outside the European Union (EU) and/or the European Economic Area (EEA) (“Third Countries”). The Third Countries concerned, e.g. the USA, may not have the level of data protection that you enjoy e.g. under the GDPR. This can result in disadvantages such as an impeded enforcement of data subjects’ rights, a lack of control over further processing and access by state authorities. You may only have limited legal remedies against this. Insofar our transfer of your personal data to recipients in Third Countries is not covered by an adequacy decision of the EU Commission, we achieve an adequate level of data protection as further detailed out in our Privacy Notice.


With your consent, we personalise marketing communications to you by way of carrying out marketing research analysis, analysing the surfing-behaviour of our website visitors and to adjust it to their detected tendencies, as well as to plan more efficient future marketing activities. This personalised marketing does not include any automated decision-making activities.


Further information on how we process personal data in general is available in our Privacy Notice. You may withdraw any given consent at any time. The withdrawal of your consent(s) will not affect the lawfulness of processing before its withdrawal. For any request in this context, please e-mail us at: DPO@luxoft.com.


Before uploading CV or any other information to this website, to learn more about your obligations and restrictions arising from the use of this website, please read our Terms of Use.