Calypso Front Office QA

About the Position

We are seeking a Senior Calypso Front Office QA with 5+ years of experience to join our team in Remote Mexico, focusing on test case development and execution.

Responsibilities

• 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

Requirements

Must have

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

We Offer

• Remote work from Mexico
• Competitive salary
• Opportunity to work with one of the world's leading Calypso practices

About the Company

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.