Calypso BO/Accounting QA

Project description

-Luxoft has one of the world's leading Calypso practice.

We are a top-tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration.

We provide end-to-end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.

Project Description:

Support and additional build (projects) for Calypso instance.

Responsibilities

• -A QA role focused on translating business requirements and functional analysis into structured, comprehensive test cases in the Back Office. The Calypso QA Analyst works closely with business analysts and functional leads to understand scope and system behavior, then builds the test case library that drives test execution. The role is execution-focused - the QA Analyst does not own the test strategy but is the key contributor to test case quality, coverage, and readiness across all Calypso test phases.

  Test Case Development

• Analyze business requirements, functional specifications, and scope documents produced by the business and functional analysts
• Translate requirements into structured, detailed test cases covering functional scenarios, edge cases, and negative paths
• Build test cases for the full Calypso trade lifecycle: booking, amendment (economic and non-economic), cancellation, termination, roll-over, fixings, and corporate actions
• Develop test cases for payment processing scenarios - including netting eligibility, gross vs net payment behaviour, and payment control validation
• Create SWIFT message test cases per product and event type (MT103, MT202, MT300, MT320, MT518, MT541, MT543, MT900, MT910, MT940)
• Write workflow test cases covering routing rules, queue behaviour, and end-to-end event flow through Calypso
• Ensure every business requirement and in-scope scenario has at least one corresponding test case - maintain traceability
• Define clear expected results and acceptance criteria for each test case

  Test Execution

• Execute functional test cases in Calypso UAT and test environments
• Validate system behavior against expected results and raise defects for any discrepancies
• Support regression test cycles - reviewing CATT output and validating automated results against business expectations
• Retest resolved defects and confirm fixes do not introduce regressions
• Participate in UAT alongside business users - providing test case guidance and supporting execution

  Defect Reporting

• Log defects clearly with reproducible steps, expected vs actual results, and supporting evidence
• Triage defects with the functional analyst and technical team to assess severity and priority
• Track defects through to resolution and confirm closure before sign-off

  Collaboration & Documentation

• Work closely with business analysts to clarify requirements and resolve ambiguities before writing test cases
• Align test cases with the CATT Functional Analyst to avoid duplication and ensure automated and manual coverage complement each other
• Maintain test case documentation throughout the project - version-controlled and up to date with scope changes
• Contribute to test completion reports and sign-off packs at the end of each phase

SKILLS

Must have

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years hands-on Calypso experience - working knowledge of trade booking, payment processing, and system workflows in UAT; back office experience
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• Capital Markets, Back Office, Accounting knowledge is strongly preferred
• Proven ability to write detailed, structured test cases from business requirements and functional specifications
• Understanding of capital markets trade lifecycles: FX, Fixed Income, Money Market, Repos, Derivatives
• Familiarity with netting concepts, payment processing, and SWIFT messaging (MT standards)
• Experience executing test cases in a structured test environment and logging defects
• Ability to identify gaps in test coverage and raise them proactively
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)

Nice to have

Experience with the following is a plus:

1. Experience working with a software vendor in a Business Analysis role or a functional role within capital markets

2. Expertise in the support and implementation of the Calypso Back-Office system primarily in post-trade processing areas of Trade validation, Cross-Asset Accounting, Settlements, Reconciliations, Messages (SWIFT/Paper), Regulatory and Internal reporting.

3. Knowledge and functional experience across Asset Classes

4. Hands on experience massaging or analyzing data using tools such as Excel, SQL, or similar.

Additionally:

• Ability to work under pressure in a fast-paced environment is essential.
• Have a willingness to learn new skills
• Must have attention to detail
• Must have the ability to work independently and also as part of a group
• Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
• Any technical knowledge (Writing simple sql query, be able to read code )
• Conflict management ensuring collaborative outcomes
• Excellent attention to detail and accuracy

Skills

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years hands-on Calypso experience - working knowledge of trade booking, payment processing, and system workflows in UAT; back office experience
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• Capital Markets, Back Office, Accounting knowledge is strongly preferred
• Proven ability to write detailed, structured test cases from business requirements and functional specifications
• Understanding of capital markets trade lifecycles: FX, Fixed Income, Money Market, Repos, Derivatives
• Familiarity with netting concepts, payment processing, and SWIFT messaging (MT standards)
• Experience executing test cases in a structured test environment and logging defects
• Ability to identify gaps in test coverage and raise them proactively
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)

Experience

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years hands-on Calypso experience - working knowledge of trade booking, payment processing, and system workflows in UAT; back office experience
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• Capital Markets, Back Office, Accounting knowledge is strongly preferred
• Proven ability to write detailed, structured test cases from business requirements and functional specifications
• Understanding of capital markets trade lifecycles: FX, Fixed Income, Money Market, Repos, Derivatives
• Familiarity with netting concepts, payment processing, and SWIFT messaging (MT standards)
• Experience executing test cases in a structured test environment and logging defects
• Ability to identify gaps in test coverage and raise them proactively
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)

Experience with the following is a plus:

1. Experience working with a software vendor in a Business Analysis role or a functional role within capital markets

2. Expertise in the support and implementation of the Calypso Back-Office system primarily in post-trade processing areas of Trade validation, Cross-Asset Accounting, Settlements, Reconciliations, Messages (SWIFT/Paper), Regulatory and Internal reporting.

3. Knowledge and functional experience across Asset Classes

4. Hands on experience massaging or analyzing data using tools such as Excel, SQL, or similar.

Additionally:

• Ability to work under pressure in a fast-paced environment is essential.
• Have a willingness to learn new skills
• Must have attention to detail
• Must have the ability to work independently and also as part of a group
• Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
• Any technical knowledge (Writing simple sql query, be able to read code )
• Conflict management ensuring collaborative outcomes
• Excellent attention to detail and accuracy