Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Murex Engineer - Front Office & Risk application
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Murex Engineer supports and enhances OCBC’s Murex platform for front-office and risk functions. Requirements typically include a degree in Computer Science, Engineering, Finance, or a related discipline; experience with Murex, Java, SQL, Unix/Linux, scripting, and financial-market systems; and an understanding of trading, pricing, risk, and investment products. The candidate is expected to work closely with traders, risk teams, operations, vendors, and technology colleagues; investigate production issues; deliver system enhancements; manage testing and releases; and maintain reliable, secure applications. Strong analytical, communication, problem-solving, and stakeholder-management skills are important, together with the ability to work in a regulated banking environment and support critical systems when required.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About OCBC Bank
OCBC Bank is one of Southeast Asia’s largest financial institutions and Singapore’s longest-established bank. Founded in 1932, it provides personal banking, business banking, corporate and investment banking, wealth management, insurance, and treasury services. The bank operates across Singapore, Malaysia, Indonesia, Greater China, and other international markets, serving individuals, small businesses, large corporations, and institutional clients. OCBC places significant emphasis on digital banking, technology modernisation, cybersecurity, risk management, and data-led financial services. Its technology teams support high-volume, business-critical platforms used across trading, risk, payments, lending, and customer channels. Employees typically work in a structured, regulated environment with opportunities to collaborate across countries and business lines. Compensation varies by experience, technical specialisation, seniority, and annual incentives.