Senior Test Analyst - Collateral Management, Algo

Senior Test Analyst - Collateral Management, Algo

Posted 1 week ago by Harvey Nash IT Recruitment UK

£640 Per day
Inside
Onsite
City of London, UK

Summary: Senior Test Analyst specializing in Algo and Collateral Management is required by a leading investment bank in London. The role involves developing and executing test plans, validating system interfaces, and collaborating with various stakeholders to ensure quality assurance. The position is inside IR35 and requires on-site presence two days a week. Candidates should have a strong background in system testing within financial services, particularly with SmartStream or Algo systems.

Key Responsibilities:

  • Develop and execute comprehensive system test plans, test cases, and test scripts aligned with the upgrade scope.
  • Validate the incoming and outgoing interfaces of the new SmartStream Algo system, ensuring data integrity and functional accuracy.
  • Collaborate with business analysts, developers, and project managers to understand requirements and translate them into test scenarios.
  • Perform system integration testing (SIT) and support user acceptance testing (UAT) phases.
  • Identify, document, and track defects using standard defect management tools.
  • Participate in test reviews, walkthroughs, and sign-off processes.
  • Ensure compliance with internal QA standards and regulatory requirements.
  • Provide regular status updates and contribute to test reporting and metrics.

Key Skills:

  • Proven experience as a System Test Analyst or similar role in complex system upgrade or integration projects.
  • Strong knowledge of system testing methodologies, tools, and best practices.
  • Experience testing interfaces (inbound/outbound), including file-based and API integrations.
  • Familiarity with test management tools such as JIRA.
  • Ability to write and execute SQL queries for data validation and Back End testing.
  • Solid understanding of collateral management, settlements, or post-trade processing in a financial services environment.
  • Experience working with SmartStream or Algo Collateral systems is highly desirable.
  • Knowledge of financial instruments (eg, derivatives, repos, securities lending) and associated collateral workflows.
  • Experience in Agile or hybrid project delivery environments.
  • Exposure to automation testing tools or frameworks.
  • ISTQB or equivalent testing certification.

Salary (Rate): £640 daily

City: City of London

Country: UK

Working Arrangements: on-site

IR35 Status: inside IR35

Seniority Level: Mid-Level

Industry: IT

Detailed Description From Employer:

Senior Test Analyst - Algo/Collateral Management sought by leading investment bank based in the city of London.

*Inside IR35 - 2 days a week on site*

Key Responsibilities:

  • Develop and execute comprehensive system test plans, test cases, and test scripts aligned with the upgrade scope.
  • Validate the incoming and outgoing interfaces of the new SmartStream Algo system, ensuring data integrity and functional accuracy.
  • Collaborate with business analysts, developers, and project managers to understand requirements and translate them into test scenarios.
  • Perform system integration testing (SIT) and support user acceptance testing (UAT) phases.
  • Identify, document, and track defects using standard defect management tools.
  • Participate in test reviews, walkthroughs, and sign-off processes.
  • Ensure compliance with internal QA standards and regulatory requirements.
  • Provide regular status updates and contribute to test reporting and metrics.

Required Skills & Experience:

  • Technical & Testing Expertise:
  • Proven experience as a System Test Analyst or similar role in complex system upgrade or integration projects.
  • Strong knowledge of system testing methodologies, tools, and best practices.
  • Experience testing interfaces (inbound/outbound), including file-based and API integrations.
  • Familiarity with test management tools such as JIRA.
  • Ability to write and execute SQL queries for data validation and Back End testing.
  • Financial Services Experience:
  • Solid understanding of collateral management, settlements, or post-trade processing in a financial services environment.
  • Experience working with SmartStream or Algo Collateral systems is highly desirable.
  • Knowledge of financial instruments (eg, derivatives, repos, securities lending) and associated collateral workflows.

Desirable Skills:

  • Experience in Agile or hybrid project delivery environments.
  • Exposure to automation testing tools or frameworks.
  • ISTQB or equivalent testing certification.

Please apply within for further details or call

Alex Reeder
Harvey Nash Finance & Banking