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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 projectsAligning testing approaches with enterprise QA standards, governance frameworks and delivery methodologiesReviewing and enhancing existing QA processes and testing practicesLeading test planning, execution and reporting across SIT, UAT, regression and end-to-end testing phasesBuilding and developing QA capabilities, including mentoring and supporting testing teamsEstablishing KPI and quality metrics covering test coverage, defect leakage, release quality and delivery performanceEnsuring full traceability between requirements, test cases and defectsCoordinating defect management, triage sessions and quality reviewsSupporting release planning and go-live readiness assessmentsManaging testing risks, dependencies and delivery challengesProducing clear reporting for senior stakeholders, programme leadership and risk teamsEnsuring adherence to audit, governance and regulatory requirements

Required Experience

We are looking for candidates who can demonstrate:

Extensive experience as a Test Manager within banking or financial servicesStrong experience within Counterparty Credit Risk or closely related risk domainsProven ability to define and implement enterprise test strategiesExperience managing large-scale SIT, UAT and end-to-end testing programmesStrong knowledge of QA governance, controls and audit requirementsExperience building and improving testing frameworks, processes and teamsStrong stakeholder management skills across business and technology functionsExperience using tools such as JIRA, Xray, ALM or Azure DevOpsKnowledge of SDLC, STLC and risk control frameworksExperience working within Agile, hybrid Agile or regulatory change programmes

Desirable Experience

Particular interest will be shown in candidates with experience across:

Counterparty Credit Risk (CCR)SA-CCRInternal Model Methodology (IMM)Exposure at Default (EAD)Potential Future Exposure (PFE)Collateral and margining processesTrade lifecycle managementRisk engines and risk aggregation platformsMurex, Calypso or similar risk technology platformsData validation and reconciliation testingRegulatory change programmesStress testing and back-testing frameworksTest automation approaches within data-intensive environments

What We're Looking For

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

Challenge existing processes and identify opportunities for improvementInfluence senior stakeholders across business, technology and risk functionsBuild credibility with both technical and non-technical audiencesDrive quality throughout the delivery lifecycleLead teams through complex testing challenges in a regulated environmentBalance governance requirements with delivery objectives

GCS is acting as an Employment Business in relation to this vacancy.

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