QA Test Specialist

Nasdaq Technology is seeking a passionate QA Test Specialist to join its Mumbai/Pune technology center in India. This role focuses on enhancing platform quality through various test methodologies, specifically overseeing automation testing of Market Risk and Regulatory Risk in Calypso Trading Solution. The specialist will collaborate with cross-functional global teams, develop and execute manual and automated test solutions, investigate failures, and maintain test libraries, contributing to complex technology solutions for international clients.

Must Have

• Guarantee the quality and persistence of software by understanding requirements and crafting test cases.
• Collaborate with Product Management and Engineering to ensure client improvements and delivery.
• Develop and execute manual and automated test solutions.
• Investigate test failures in automated tests.
• Detail test cases and maintain the test library.
• At least 5-8 years of experience in Capital Market, preferably Market Risk/Regulatory Risk within Product/Software company or Investment Bank.
• Good Experience in analyzing portfolios with different risk factors (credit risk, liquidity risk, market risk, and operational risk).
• In-depth understanding of various risk reports such as Value-at-Risk (VaR) and Historical Simulation (HS), and the risk modeling techniques.
• Good Experience in completing scenario tests and stress tests for financial risk models.
• Experience in Trade Capture for any of the asset class.
• Ability to read complex requirement/specification documents and design test cases.
• Strong ability to work independently in a techno functional environment.
• Education Qualification: Bachelor/Master in Engineering, Mathematics, Finance, Business, Economics.

Good to Have

• Knowledge on any of the asset class (EQ, FI, COM, FX, FXO, IRD, CDS, MM, Derivatives, Pricing, Repo).
• Knowledge of Software Testing Life Cycle.
• Fair understanding of Database and SQL.
• Knowledge of Xray or Quality Center.

Perks & Benefits

• Hybrid work model (NasdaqBlend) for flexibility.
• You&Q total rewards program covering wealth, career growth, well-being, and family care.

Nasdaq Technology is looking for a passionate QA Test Specialist with a focus on software testing, to join the Mumbai technology center in India. If Innovation and effectiveness drive you forward this is the place for you! Nasdaq is continuously revolutionizing markets and undergoing transformations while we adopt new technologies to develop innovative solutions, constantly aiming to rewrite tomorrow. As a QA Test Specialist, you will play a key role in enhancing the quality of our platform delivery through various test methodologies. We are seeking a highly motivated and innovative individual to join our Mumbai/Pune based Quality Assurance team. The position oversees the Automation testing of Market Risk and Regulatory Risk in Calypso Trading Solution. This is a tremendous opportunity to strengthen technical, business & product skills. We are looking for candidates who share those values along with a genuine desire and drive to deliver top technology solutions to today's markets. You will collaborate with cross-functional teams across the globe, ensuring the highest standards of quality in solutions and services delivered to world-leading Capital Market Participants. In this role, you will have the opportunity to work in a strong authority team delivering complex technology solutions to international clients. You will work with and learn from subject matter authorities, and have the opportunity to seek more responsibility and progress within the Quality Assurance team. Besides working closely with your colleagues in Mumbai, you will also work closely with Nasdaq teams in other countries. Furthermore, you will: * Guarantee the quality and the persistence of the software by understanding the requirement/specification document and crafting test cases to collect bugs within the system. * Work in close collaboration with both our Product Management and Engineering teams to ensure inclusion of improvements requested by clients in the software and ensure delivery. * Develop, develope, & execute manual and automated test solutions. * Investigate test failures in automated tests. * Detailing test cases and maintain the test library. * At least 5-8 years of experience in Capital Market, preferably Market Risk/Regulatory Risk within Product/Software company or Investment Bank * Good Experience required in analyzing portfolios with different risk factors (credit risk, liquidity risk, market risk, and operational risk) * In-depth understanding of various risk reports such as Value-at-Risk (VaR) and Historical Simulation (HS), and the risk modeling techniques that underlie such reports * Good Experience required in completing scenario tests and stress tests for financial risk models. * Experience in Trade Capture for any of the asset class * Ability to read complex requirement/specification document and design test cases. * Strong ability to work independently in a techno functional environment * Education Qualification: Bachelor/Master in Engineering, Mathematics, Finance, Business, Economics. It would be great if you * Knowledge on any of the asset class (EQ, FI, COM, FX, FXO, IRD, CDS, MM, Derivatives, Pricing, Repo). * Knowledge of Software Testing Life Cycle * Fair understanding of Database and SQL * Knowledge of Xray or Quality Center Come as You Are Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation. ### We Power the Markets that Power the World At Nasdaq, we’re proud to be the engine behind the world’s capital markets. But we don’t stop there. We build the technology that drives transparency, trust, and access—helping economies grow and people thrive. Our purpose is to advance economic progress for all. Whether you’re a client, a colleague, or part of our broader community, we’re here to move markets—and possibilities—forward. Read More ### Don’t See the Right Role? Stay Connected Join our Talent Community to stay in the loop on upcoming roles, events, and new opportunities across Nasdaq. ### Work Where and How You Thrive Our hybrid work model, NasdaqBlend, gives you flexibility to do your best work—whether that’s from home, in the office, or a mix of both. Check the job listing or reach out to our team for role-specific details. ### What Makes Nasdaq Different? Our Purpose We’re a global team of over 8,500 innovators across 38 countries, united by a shared purpose: advancing economic progress for all. It’s not just what we do—it’s how we do it, together. Want a deeper look into our Culture Book. Read More ### Your Growth Is Our Investment We support your success through You&Q, our total rewards program that covers every dimension of life—from building wealth and growing your career to prioritizing well-being and family care. Join the Team Advancing Economic Progress for All. Read More