Lead Quality Assurance Engineer

ENFACTUM PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services firm in Singapore is looking for a dedicated test strategist to define functional and non-functional testing for banking systems. The ideal candidate should have experience in performance testing, API security, and FMEA. You will be responsible for collaborating with teams to validate systems and ensure compliance. This role requires a detail-oriented person skilled in test governance within complex project environments.

Qualifications

• Experience in defining test strategies for banking systems.
• Proven track record in performance and API security testing.
• Ability to manage defect lifecycles in high-risk operational environments.

Responsibilities

• Define testing strategies for banking systems.
• Drive performance testing for banking applications.
• Implement and manage API security testing.

Skills

Performance testing

API security testing

FMEA

Test strategy development

Stakeholder collaboration

Tools

JMeter

LoadRunner

OWASP

Job description

Roles & Responsibilities

• Define Functional and Non-Functional Test Strategy tailored for banking systems, including performance, FMEA, and API security validation aligned with compliance and operational risk standards.
• Drive performance testing (load, stress, scalability) for core banking applications, transaction flows, and integrations using tools like JMeter or LoadRunner.
• Implement API security testing with OWASP Top 10 coverage—ensuring secure communication across financial APIs (payments, KYC, lending, customer data).
• Conduct FMEA (Failure Mode and Effects Analysis) to identify failure points in critical banking operations like fund transfers, customer onboarding, and payment gateways.
• Create and manage test beds and traceability matrices that reflect regulatory, transactional, and customer-impact scenarios typical of BFSI platforms.
• Collaborate with business users, product owners, and technology teams to validate UAT across lending, deposits, digital banking, and compliance modules.
• Track and report UAT and non-functional KPIs with a focus on SLAs, response times, and system resilience under real-time financial load conditions.
• Manage end-to-end defect lifecycle with risk-based prioritization—especially in high-value, high-risk areas like transaction reversals or interest calculations.
• Lead regression testing across integrated banking environments to ensure system stability across releases and patch updates.
• Deliver detailed test closure reports, aligning outcomes with audit, compliance, and regulatory reporting standards.
• Ensure strong test governance in multi-vendor, multi-country project environments common in regional banking transformations.
• Stay up to date with evolving digital banking trends (open banking, embedded finance, fintech integration) to align testing strategies with future-state architectures.