Market Risk QA Lead

Description

Market Risk QA Lead

Liverpool street, London - hybrid

6 month contract

Inside ir35

Purpose of Job

We are seeking a detail-oriented and experienced AVP-level Market Risk QA to carry out functional testing, regression testing, and other related testing, governance, and quality assurance across Market Risk technology platforms and regulatory change initiatives.

The ideal candidate will bring strong experience in banking or financial services testing, with a solid understanding of market risk systems, data flows, and end-to-end testing practices. The role requires leadership of both Run-the-Bank (RTB) and change programmes, ensuring high-quality, stable, and compliant releases through structured test governance, automation, and stakeholder collaboration.

This position will work closely with Risk, Front Office, IT, and Change teams to deliver resilient and scalable solutions aligned with regulatory and business objectives.

Key Responsibilities

Perform functional, regression, and end-to-end testing for Market Risk systems and enhancementsValidate Market Risk workflows, calculations, and data accuracy across upstream and downstream systemsDesign, prepare, and execute detailed test cases and scenarios based on business and functional requirementsSupport release cycles by conducting SIT, UAT, and production verification testingIdentify, log, track, and retest defects, working closely with development and business stakeholders for timely resolutionMaintain and update test artefacts including test plans, test cases, and regression packs in Xray or relevant test management toolsParticipate in requirement walkthroughs and provide early feedback to improve test coverage and overall qualitySupport test automation and continuous improvement initiatives where applicableEnsure adherence to testing standards, governance processes, and documentation requirementsEnsure adherence to testing standards, governance processes, and documentation requirements Ensure effective environment management, test data preparation, and dependency coordination.

Required Qualifications & Skills

hands-on experience in functional and regression testing within banking or financial servicesExperience testing Market Risk or Risk/Trading systems (e.g., VaR, sensitivities, PnL, limit monitoring, trade lifecycle flows)Strong understanding of SDLC/STLC and defect management processesStrong focus on governance, controls, and quality metrics. Generating Test pack for planned releases covering all test reports and evidences, aligning to all critical stakeholders to get sign off for QA activities.Create Regression Test Pack and track the execution using the Jira add-in X-ray.Experience with test management tools such as Xray, JIRA, or similarAbility to analyse business requirements and translate them into effective test scenariosGood knowledge of SQL/data validation and reconciliation testingStrong analytical and problem-solving skills with attention to detailEffective communication and stakeholder collaboration skillsExposure to automation frameworks or scripting (nice to have)

Personal Attributes

An individual with excellent written, verbal and interpersonal communication skills who can communicate effectively with end users, peers across the IT function and direct managementA dependable self-starter who can take appropriate action with minimal directionAn individual who can effectively manage multiple testing workstreams and tasksAn individual able to navigate technical complexity with analytical, problem solving and solution driven mindset.A customer focused individual, who is flexible and eager to take ownership of issues and RTB initiatives.An individual who demonstrates a consistent and meticulous attention to detailAn individual who can work under pressure to resolve issues and maintain a positive outlookAn individual who can work collaboratively with multiple support teams on emerging issuesAn individual with keen interest to build a career in software testing, test automation and quality assurance.

Preferred Skills

Experience with Market Risk systems, trade lifecycle flows, and risk/reporting platforms.Exposure to regulatory initiatives (e.g., MiFID, risk reporting, controls and audit requirements).Experience implementing test automation frameworks and CI/CD pipelines.Knowledge of SQL/data validation and reconciliation techniques.Experience managing distributed or offshore QA teams.Familiarity with tools such as Confluence, Visio, and reporting dashboards.

If you believe you have the experience required, please apply with your CV now for instant consideration!

TO APPLY - PLEASE APPLY WITH AN UP-TO-DATE CV

Candidates will ideally show evidence of the above in their CV in order to be considered.

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.

Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.

Ad ID: 5418052465