QA Manager (Counterparty Credit Risk)

QA Manager (Counterparty Credit Risk) - Banking - Contract

Role - QA Manager (Counterparty Credit Risk)

Rate - £800 per day (Inside IR35)

Duration - 6 months with very likely extension

Location - Liverpool street, London - Hybrid, 50% of the time in the office

Spec -

London | Hybrid Working | Financial Services

An exciting opportunity has arisen for an experienced Test Manager to join a major financial services organisation and lead testing activities across a range of Counterparty Credit Risk (CCR) initiatives.

This role will be responsible for defining and implementing the overall testing strategy, ensuring alignment with enterprise QA standards and governance frameworks, while driving continuous improvement across testing processes, controls and delivery practices.

You'll work closely with technology, risk and business stakeholders, playing a key role in delivering high-quality solutions within a complex regulatory and risk-focused environment.

The Role

As Test Manager, you will provide leadership across all phases of the testing lifecycle, ensuring robust governance, effective stakeholder engagement and consistent quality delivery.

Key responsibilities include:

Defining and implementing test strategies for Counterparty Credit Risk programmes and projects

Aligning testing approaches with enterprise QA standards, governance frameworks and delivery methodologies

Reviewing and enhancing existing QA processes and testing practices

Leading test planning, execution and reporting across SIT, UAT, regression and end-to-end testing phases

Building and developing QA capabilities, including mentoring and supporting testing teams

Establishing KPI and quality metrics covering test coverage, defect leakage, release quality and delivery performance

Ensuring full traceability between requirements, test cases and defects

Coordinating defect management, triage sessions and quality reviews

Supporting release planning and go-live readiness assessments

Managing testing risks, dependencies and delivery challenges

Producing clear reporting for senior stakeholders, programme leadership and risk teams

Ensuring adherence to audit, governance and regulatory requirementsRequired Experience

We are looking for candidates who can demonstrate:

Extensive experience as a Test Manager within banking or financial services

Strong experience within Counterparty Credit Risk or closely related risk domains

Proven ability to define and implement enterprise test strategies

Experience managing large-scale SIT, UAT and end-to-end testing programmes

Strong knowledge of QA governance, controls and audit requirements

Experience building and improving testing frameworks, processes and teams

Strong stakeholder management skills across business and technology functions

Experience using tools such as JIRA, Xray, ALM or Azure DevOps

Knowledge of SDLC, STLC and risk control frameworks

Experience working within Agile, hybrid Agile or regulatory change programmesDesirable Experience

Particular interest will be shown in candidates with experience across:

Counterparty Credit Risk (CCR)

SA-CCR

Internal Model Methodology (IMM)

Exposure at Default (EAD)

Potential Future Exposure (PFE)

Collateral and margining processes

Trade lifecycle management

Risk engines and risk aggregation platforms

Murex, Calypso or similar risk technology platforms

Data validation and reconciliation testing

Regulatory change programmes

Stress testing and back-testing frameworks

Test automation approaches within data-intensive environmentsWhat We're Looking For

Beyond technical expertise, we're seeking an individual who can:

Challenge existing processes and identify opportunities for improvement

Influence senior stakeholders across business, technology and risk functions

Build credibility with both technical and non-technical audiences

Drive quality throughout the delivery lifecycle

Lead teams through complex testing challenges in a regulated environment

Balance governance requirements with delivery objectivesGCS is acting as an Employment Business in relation to this vacancy

Benefits

Inside IR35