Job Description
Project description
Our customer is a leading private bank in India that provides front-to-back integrated treasury solution. The bank is embarking upon it's first ever Murex upgrade (v3.1.38 to v3.1.6x) since implementation. Luxoft has been chosen as the System Integration partner for this project and drive the project across all the streams - Front Office, Back Office, Finance, Risk, Integration, Reporting, Test Management, Configuration & Environment management. We are looking for experienced & motivated Murex consultants to join this exciting program and contribute towards the success of this engagement.
Responsibilities
You'll work on the Market Risk related changes for the Upgrade
Should be able to independently discuss with end user the requirements and follow through till UAT sign-off
Should be able to do optimization of the existing formulas wherever possible
Contribute to the Continuous Improvements
Skills
Must have
6+ years experience in the Murex Market Risk module
Strong experience in the Murex Market Risk Environment (MRE) module
Ability to develop and deliver Market Risk configurations independently
Experience in configuring reval runs, normalized runs
Ability to interact with business stakeholders and run validations for various Market Risk measures
Understanding of various asset classes in detail (MM, Fixed Income, FX, and IR Derivatives)
Experience in functional validations for MR (eg IR VaR).
Proven track record of configuring and validating various Market Risk measures, such as PV01, CR01, and PnL vectors
Strong analytical skills to explain differences between Murex and other systems in VaR results
Solid understanding of Oracle and/or SQL Server RDBMS
Strong SQL skills for data analysis and validation
Nice to have
ExposureMLC strongly desirable
Development skills in MxML / DM or other Murex modules
Technical skills including Unix, Shell Scripting, and Interfaces would be an additional bonus
Other
Languages
English: B2 Upper Intermediate
Seniority
Regular
Mumbai, India
Req. VR-112626
Murex ERM
BCM Industry
07/04/2026
Req. VR-112626
Our customer is a leading private bank in India that provides front-to-back integrated treasury solution. The bank is embarking upon it's first ever Murex upgrade (v3.1.38 to v3.1.6x) since implementation. Luxoft has been chosen as the System Integration partner for this project and drive the project across all the streams - Front Office, Back Office, Finance, Risk, Integration, Reporting, Test Management, Configuration & Environment management. We are looking for experienced & motivated Murex consultants to join this exciting program and contribute towards the success of this engagement.
Responsibilities
You'll work on the Market Risk related changes for the Upgrade
Should be able to independently discuss with end user the requirements and follow through till UAT sign-off
Should be able to do optimization of the existing formulas wherever possible
Contribute to the Continuous Improvements
Skills
Must have
6+ years experience in the Murex Market Risk module
Strong experience in the Murex Market Risk Environment (MRE) module
Ability to develop and deliver Market Risk configurations independently
Experience in configuring reval runs, normalized runs
Ability to interact with business stakeholders and run validations for various Market Risk measures
Understanding of various asset classes in detail (MM, Fixed Income, FX, and IR Derivatives)
Experience in functional validations for MR (eg IR VaR).
Proven track record of configuring and validating various Market Risk measures, such as PV01, CR01, and PnL vectors
Strong analytical skills to explain differences between Murex and other systems in VaR results
Solid understanding of Oracle and/or SQL Server RDBMS
Strong SQL skills for data analysis and validation
Nice to have
ExposureMLC strongly desirable
Development skills in MxML / DM or other Murex modules
Technical skills including Unix, Shell Scripting, and Interfaces would be an additional bonus
Other
Languages
English: B2 Upper Intermediate
Seniority
Regular
Mumbai, India
Req. VR-112626
Murex ERM
BCM Industry
07/04/2026
Req. VR-112626
💡 Quick Summary
Seeking a career-building opportunity? The Murex Market Risk SME position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.