Capital Market Functional Tester – Exchange Software (Remote/Freelancing)

AvanteNow; Bengaluru; Remote; INR 800,000 - 1,200,000; Full time

Job summary

A leading IT services company is looking for a skilled Functional Tester to manage UAT and functional testing for Capital Markets. The ideal candidate will have expertise in Exchange Software and strong Advanced Excel skills. Responsibilities include designing test cases, executing tests, and validating trade lifecycle events. This remote position offers an opportunity for professionals with a background in trading platforms and market operations.

Qualifications

• Deep understanding of Capital Markets, including Cash and Derivatives trading.
• Proven experience in functional testing of Exchange or Trading platforms.
• Strong knowledge of trade lifecycle and market operations.

Responsibilities

• Design and document functional test cases covering Cash and Derivatives markets.
• Execute functional and UAT testing, log defects, and ensure resolution.
• Validate trade lifecycle events and system stability.

Skills

Capital Markets knowledge

Functional testing experience

Advanced Excel proficiency

Job description

Capital Market Functional Tester – Exchange Software (Remote/Freelancing)

We are seeking a highly skilled and detail-oriented Functional Tester with deep expertise in Capital Markets, specifically in Exchange Software. The ideal candidate will be responsible for designing, executing, and managing comprehensive User Acceptance Testing (UAT) and feature-wise functional testing for both Cash and Derivatives markets. This role demands strong domain knowledge, analytical thinking, and proficiency in Advanced Excel for scenario creation and test data management.

Key Responsibilities

• Design and document feature-wise functional test cases covering all aspects of Cash and Derivatives markets.
• Create detailed UAT scenarios and test scripts aligned with business workflows and regulatory requirements.
• Execute functional and UAT testing, log defects, and track them to closure.
• Validate trade lifecycle events including order placement, matching, clearing, settlement, and reporting.
• Perform regression testing and ensure system stability across releases.
• Use Advanced Excel for test data preparation, analysis, and reporting.
• Participate in test planning, effort estimation, and status reporting.
• Ensure compliance with testing standards and best practices in capital markets.
• Provide functional insights and support during production rollouts and post-deployment validations.

Required Skills & Qualifications

Mandatory:

• Deep understanding of Capital Markets, including Cash and Derivatives trading.
• Proven experience in functional testing of Exchange or Trading platforms.
• Strong knowledge of trade lifecycle, market microstructure, and exchange operations.
• Proficiency in Advanced Excel (formulas, pivot tables, macros, data analysis).
• Experience in writing and executing UAT test cases and managing test cycles.

Preferred:

• Familiarity with FIX protocol, market data feeds, and post-trade systems.
• Exposure to regulatory frameworks and compliance testing.
• Knowledge of Multilateral trading.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Information Technology

Industries

• IT Services and IT Consulting