Counterparty Credit Risk QA Lead

Counterparty Credit Risk QA Lead

Posted 1 day ago by GCS

£850 Per day
Inside
Hybrid
London, UK

Summary: The Counterparty Credit Risk QA Lead role at a Tier 1 Bank in London involves leading testing activities within the Counterparty Credit Risk domain. The position requires defining the test strategy, ensuring alignment with QA processes, and managing cross-functional delivery. The ideal candidate should possess deep QA expertise and strong domain knowledge in Counterparty Credit Risk. This is a hybrid role with a focus on continuous improvement and high-quality testing delivery.

Key Responsibilities:

  • Lead testing activities within the Counterparty Credit Risk (CCR) domain.
  • Define and implement the overall test strategy for Counterparty Credit Risk initiatives.
  • Align testing activities with the bank's QA processes, standards, and governance framework.
  • Review existing QA processes and identify areas for improvement or enhancement.
  • Build and scale a high-performing QA function, including hiring, mentoring, coaching, and capability development.
  • Develop KPI and quality reporting frameworks to track test coverage, defect leakage, release quality, and delivery performance.
  • Oversee test planning, execution, and reporting across SIT, UAT, and regression phases.
  • Ensure traceability between requirements, test cases, and defects.
  • Work closely with business analysts, developers, and risk stakeholders to support effective test coverage.
  • Ensure compliance with audit and governance requirements.
  • Monitor test progress, risks, and issues, and provide clear status reporting to senior stakeholders.
  • Support release planning and coordinate end-to-end testing activities.
  • Provide guidance and oversight to QA resources within the workstream.

Key Skills:

  • 8-12+ years strong experience as a Test Manager within banking or financial services.
  • Experience working within Counterparty Credit Risk or similar risk domains.
  • Experience defining test strategies aligned to enterprise QA standards.
  • Good understanding of test governance and audit requirements.
  • Experience managing SIT, UAT, and end-to-end testing.
  • Strong stakeholder management and communication skills.
  • Experience with test management tools (eg, JIRA, Xray, or similar).

Salary (Rate): £850 per day

City: London

Country: UK

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: IT

Detailed Description From Employer:

Counterparty Credit Risk QA Lead - Tier 1 Bank - London - 12 months

Role - Counterparty Credit Risk QA Lead

Rate - £850 per day (Inside IR35)

Duration - 12 months with very likely extension

Location - Hybrid/Liverpool Street - 3 days per week in an office in Liverpool Street

Role

  • Lead testing activities within the Counterparty Credit Risk (CCR) domain. The role will focus on defining the overall test strategy, ensuring alignment with the bank's existing QA processes and governance standards, and reviewing current practices to identify opportunities for improvement. The Test Manager will work closely with stakeholders across business and technology to ensure consistent and high-quality testing delivery.
  • The ideal candidate combines deep QA expertise with strong domain knowledge in Counterparty Credit Risk, exposure to regulatory-driven change, and the ability to manage cross-functional delivery across technology, risk, and business functions.

Tasks

  • Define and implement the overall test strategy for Counterparty Credit Risk initiatives.
  • Align testing activities with the bank's QA processes, standards, and governance framework.
  • Review existing QA processes and identify areas for improvement or enhancement.
  • Build and scale a high-performing QA function, including hiring, mentoring, coaching, and capability development.
  • Develop KPI and quality reporting frameworks to track test coverage, defect leakage, release quality, and delivery performance.
  • Oversee test planning, execution, and reporting across SIT, UAT, and regression phases.
  • Ensure traceability between requirements, test cases, and defects.
  • Work closely with business analysts, developers, and risk stakeholders to support effective test coverage.
  • Ensure compliance with audit and governance requirements.
  • Monitor test progress, risks, and issues, and provide clear status reporting to senior stakeholders
  • Support release planning and coordinate end-to-end testing activities.
  • Provide guidance and oversight to QA resources within the workstream.

Qualifications required

  • 8-12+ years strong experience as a Test Manager within banking or financial services
  • Experience working within Counterparty Credit Risk or similar risk domains.
  • Experience defining test strategies aligned to enterprise QA standards.
  • Good understanding of test governance and audit requirements.
  • Experience managing SIT, UAT, and end-to-end testing.
  • Strong stakeholder management and communication skills.
  • Experience with test management tools (eg, JIRA, Xray, or similar).

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