QA Manager (Counterparty Credit Risk)

GCS Recruitment; Greater London; Hybrid; GBP 128,000 - 168,000; Full time

Job summary

GCS Recruitment is seeking a QA Manager to lead testing across Counterparty Credit Risk initiatives within a major banking environment. You will define testing strategy, align with enterprise QA standards and drive improvements across testing processes.

Based in London with hybrid working (50% office), you will collaborate with technology, risk and business stakeholders to deliver high-quality solutions while navigating regulatory and risk controls.

Qualifications

• Extensive experience as a Test Manager in banking/financial services.
• Proven ability to define 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 using tools such as JIRA, Xray, ALM or Azure DevOps.

Responsibilities

• Defining and implementing test strategies for CCR programmes and projects.
• Aligning testing approaches with 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 testing teams.
• Establishing KPI and quality metrics covering test coverage and release quality.
• Ensuring 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 reporting for senior stakeholders and risk teams.
• Ensuring adherence to audit, governance and regulatory requirements.

Skills

Test Management

QA Governance

Stakeholder Management

Test Strategy

Regulatory Compliance

Tools

JIRA

Xray

ALM

Azure DevOps

Job description

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 requirements

Required 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 programmes

Desirable 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 environments

What 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 objectives

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