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Senior Murex Credit Risk Business Analyst
Successfully
Req. VR-122597
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.
Lead end-to-end business analysis for Credit Risk systems, including requirement gathering, solution design, and implementation support.
Act as a Business Analyst to define business requirements, functional specifications, workflows, and reporting logic.
Drive large-scale transformation initiatives such as system upgrades (e.g., Murex), regulatory programs, and process re-engineering.
Collaborate with cross-functional teams including Technology, Front Office, Risk, Finance, Operations, Legal, and Compliance to ensure alignment and successful delivery.
Perform data analysis on large datasets to support risk calculations, exposure measurement, and reporting accuracy.
Analyze and interpret risk data, sensitivities, and valuation outputs, identifying root causes for discrepancies and driving resolution.
Support UAT planning, execution, and business sign-off, including test case preparation and validation of system enhancements.
Contribute to credit risk exposure methodology improvements, ensuring accurate data flow and reporting logic.
Participate in regulatory and change-the-bank initiatives such as CCP integration, collateral optimization, settlement risk, and wrong-way risk frameworks.
Develop and enhance automated reporting and workflows using tools like Excel VBA, SQL, and Power BI.
Engage in process optimization and re-engineering, improving operational efficiency and data quality.
Provide post-implementation support, including issue resolution, stakeholder communication, and continuous improvement.
Must have
6+ years of experience in banking/financial services as Credit Risk Business Analyst in Murex
Understanding of financial products lifecycle, including Bonds, FX, Equities Derivatives, Structured products
Experience with risk data, valuation processes, and exposure calculations
Proven experience as a Business Analyst / Functional Analyst / Product Owner
Expertise in requirements gathering, functional specification writing, and workflow design
Hands-on experience in UAT, system implementation, and change management
Familiarity with Agile and Waterfall methodologies
Strong proficiency in SQL , Excel (VBA, Power Query, Power Pivot) , Power BI / data visualization tools, MS Access
Experience working with large datasets and data analysis
Familiarity with JIRA, Confluence, Visio
Strong stakeholder management and communication skills
Ability to translate business requirements into technical solutions
Excellent analytical and problem-solving skills
Ability to work in cross-functional and global teams
Nice to have
Exposure to market data providers such as Bloomberg / Reuters
Experience in process re-engineering and digital transformation initiatives
Basic knowledge of Python
Languages
English: C1 Advanced
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
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