Calypso Front Office QA

About the Position

Luxoft has one of the world's leading Calypso practices. 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 out (projects) for Calypso instance.

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

  • 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
  • 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 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
  • Willingness to learn new skills
  • Ability to work independently and 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

• Competitive salary
• Opportunity to work remotely from Canada
• Professional growth and development opportunities

About the Company

Luxoft is a leading global provider of digital transformation services and solutions. We empower our clients to innovate and thrive in the digital age by leveraging cutting-edge technologies and deep industry expertise.