Own the quality of capital markets back-office software through rigorous manual testing across functional, regression, integration, and user acceptance testing phases. Work closely with Business Analysts, Developers, and Product Owners to understand requirements, design comprehensive test scenarios, and ensure that regulatory compliance features, trade lifecycle workflows, and exchange connectivity modules are defect-free before every release. Bring domain knowledge of broking back-office operations to design tests that go beyond surface-level validation and catch real business-impact defects.
Candidates with hands-on knowledge of the following areas will be able to design significantly more effective test scenarios:
Trade Lifecycle
Order entry validation, trade booking, modification & cancellation, give-up trade allocation, trade confirmation generation
Margin Management
SPAN margin computation, VaR margin, exposure margin, MTM loss, margin shortfall alerts, peak margin snapshots, margin call workflows
Clearing & Settlement
Obligation computation, pay-in/pay-out processing, T+1 settlement cycle, shortage handling, auction trade processing, DVP/non-DVP settlements
Depository Operations
NSDL/CDSL demat credit/debit, eDIS/DDPI instruction processing, pledge & margin pledge, DP account statements, holding reconciliation
Exchange File Processing
SPAN file ingestion & computation, bhavcopy import, obligation file upload, UCC/KYC file, TBT feed parsing, EOD file generation
Regulatory Reporting
SEBI margin reports, exchange MIS, client-wise position reports, peak margin upload files, audit trail logs
Brokerage & Ledger
Brokerage slab computation, ledger posting, fund transfer, bank reconciliation, client P&L statement generation
Risk Management
Pre-trade risk checks, position limit breaches, RMS block/unblock, exposure computation, square-off triggers
Candidates with prior testing experience at the following capital markets technology firms are strongly preferred:
Organisation
Platform / Product
Domain Focus
TCS Financial Solutions
TCS BaNCS Precision
Institutional & retail back-office, clearing
Comtec Systems
Comtek Back-Office Suite
Broking back-office, margin, settlement
Secmark Consultancy
Secmark BO Platform
Clearing, settlement, depository operations
Tech Excel
Tech Excel Back-Office
Multi-exchange broking operations
Rupeeseed
Rupeeseed Platform
Retail & sub-broker back-office, reporting
KGiSL / Dolphin
Dolphin Broker BO
Clearing, settlement, risk management