
Luxoft
Murex Market Risk Specialist
- Permanent
- Abu Dhabi, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 31/03/2026
Job overview
Date posted
15/02/2026
Location
Abu Dhabi, United Arab Emirates
Salary
AED 20,000 - 30,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Experienced
Qualification
Bachelors degree
Expiration date
31/03/2026
Job description
The Murex Market Risk Specialist will join a reputed bank in Abu Dhabi as part of the Murex Market Risk team, delivering advanced risk management solutions within a capital markets environment. The role requires a highly skilled Murex specialist with 5β7+ years of hands-on experience in Market Risk, including Value at Risk (VaR), Fundamental Review of the Trading Book (FRTB), and Standard Initial Margin Model (SIMM). The consultant will collaborate with multiple IT teams across infrastructure and other divisions to design and implement robust system solutions aligned with business requirements. Responsibilities include engaging with business stakeholders to understand risk management needs, translating requirements into system changes or project initiatives, refining business, functional, and testing documentation, and working closely with vendors when required. The role demands strong stakeholder management, independent work capability, and the ability to manage multiple priorities simultaneously. MLC knowledge is considered an added advantage. The position requires senior-level expertise and C2 proficiency in English.
Required skills
Key responsibilities
- Act as a core member of the Murex Market Risk team within the bankβs risk technology function
- Design and deliver system solutions supporting Market Risk processes including VaR, FRTB, and SIMM
- Collaborate with IT infrastructure and cross-functional teams to implement and enhance Murex ERM solutions
- Engage with business stakeholders to gather, analyze, and translate market risk requirements into change initiatives
- Develop and refine business, functional, and testing requirements documentation for projects and system enhancements
- Coordinate with external vendors where required to ensure solution alignment and successful delivery
- Manage stakeholder expectations and build strong working relationships across business and IT units
- Work independently while handling multiple parallel initiatives and ensuring timely delivery
Experience & skills
- Minimum 5β7 years of experience as a Murex specialist in Market Risk environments
- Strong expertise in VaR, FRTB, and SIMM frameworks
- Hands-on experience with Murex ERM implementation and configuration
- Experience working within banking or capital markets environments
- Strong business analysis and requirements documentation skills
- Ability to collaborate effectively with IT infrastructure and cross-functional teams
- Excellent stakeholder management and communication skills
- C2 level proficiency in English
- MLC knowledge considered an added advantage