Luxoft

Calypso Front Office QA

Luxoft • $110K — $130K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of hands-on experience with Calypso, including trade booking and payment processing
  • Proven ability to write detailed test cases from business requirements
  • Understanding of capital markets trade lifecycles including FX, Fixed Income, and Derivatives
  • Familiarity with SWIFT messaging and payment processing concepts
  • Experience with structured test environments and defect logging
  • Strong attention to detail and clear communication skills

Responsibilities

  • Translate business requirements into structured, detailed test cases
  • Develop test cases for the full Calypso trade lifecycle and payment processing scenarios
  • Create SWIFT message test cases for various product types
  • Ensure all business requirements have corresponding test cases
  • Execute functional test cases in UAT environments and validate system behavior
  • Log defects with detailed documentation and track them to resolution
  • Participate in UAT, providing test case guidance and support to users

Benefits

  • Opportunity to work in a fast-paced environment
  • Develop skills in a specialized field of capital markets
  • Collaborative team culture
  • Engagement with cross-functional teams and business analysts
  • Exposure to all phases of the test process and lifecycle management
Full Job Description
Project description

Project Description:
Support and additional build out (projects) for Calypso instance.

Responsibilities

A QA role focused on translating business requirements and functional analysis into structured, comprehensive test cases in the Front 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 behavior, 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 behavior, 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

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

Skills

Must have

Bachelor's or Master's degree in Finance, Computer Science, or related field

4+ years proven experience with the Calypso platform (cloud environment preferred)

4+ years hands-on Calypso experience - working knowledge of trade booking, payment processing, and system workflows in UAT; front office experience

Capital Markets, Front 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

bility 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)

Strong attention to detail and clear written communication

Desirable

Familiarity with CATT (Calypso Automated Testing Tool) - understanding of what it covers and how manual QA complements it

Experience on Calypso implementation or version upgrade projects

Knowledge of Calypso workflow configuration and payment control rules

ISTQB Foundation or equivalent QA qualification

Nice to have

Experience with the following is a plus:

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

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

Knowledge and functional experience across Asset Classes

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

Other

Languages

English: C2 Proficient

Seniority

Senior

Similar Jobs

More Jobs at Luxoft

More Finance & Insurance Jobs

Find similar Calypso Front Office QA jobs: