Back to jobs
Calypso BO/Accounting QA
Successfully
Req. VR-122461
-Luxoft has one of the world's leading Calypso practice.
We are a top-tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration.
We provide end-to-end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.
Project Description:
Support and additional build (projects) for Calypso instance.
-A QA role focused on translating business requirements and functional analysis into structured, comprehensive test cases in the Back Office. The Calypso QA Analyst works closely with business analysts and functional leads to understand scope and system behavior, then builds the test case library that drives test execution. The role is execution-focused — the QA Analyst does not own the test strategy but is the key contributor to test case quality, coverage, and readiness across all Calypso test phases.
Test Case Development
Analyze business requirements, functional specifications, and scope documents produced by the business and functional analysts
Translate requirements into structured, detailed test cases covering functional scenarios, edge cases, and negative paths
Build test cases for the full Calypso trade lifecycle: booking, amendment (economic and non-economic), cancellation, termination, roll-over, fixings, and corporate actions
Develop test cases for payment processing scenarios — including netting eligibility, gross vs net payment behaviour, and payment control validation
Create SWIFT message test cases per product and event type (MT103, MT202, MT300, MT320, MT518, MT541, MT543, MT900, MT910, MT940)
Write workflow test cases covering routing rules, queue behaviour, and end-to-end event flow through Calypso
Ensure every business requirement and in-scope scenario has at least one corresponding test case — maintain traceability
Define clear expected results and acceptance criteria for each test case
Test Execution
Execute functional test cases in Calypso UAT and test environments
Validate system behavior against expected results and raise defects for any discrepancies
Support regression test cycles — reviewing CATT output and validating automated results against business expectations
Retest resolved defects and confirm fixes do not introduce regressions
Participate in UAT alongside business users — providing test case guidance and supporting execution
Defect Reporting
Log defects clearly with reproducible steps, expected vs actual results, and supporting evidence
Triage defects with the functional analyst and technical team to assess severity and priority
Track defects through to resolution and confirm closure before sign-off
Collaboration & Documentation
Work closely with business analysts to clarify requirements and resolve ambiguities before writing test cases
Align test cases with the CATT Functional Analyst to avoid duplication and ensure automated and manual coverage complement each other
Maintain test case documentation throughout the project — version-controlled and up to date with scope changes
Contribute to test completion reports and sign-off packs at the end of each phase
Must have
5+ years hands-on Calypso experience — working knowledge of trade booking, payment processing, and system workflows in UAT; back office experience
Proven ability to write detailed, structured test cases from business requirements and functional specifications
Understanding of capital markets trade lifecycles: FX, Fixed Income, Money Market, Repos, Derivatives
Familiarity with netting concepts, payment processing, and SWIFT messaging (MT standards)
Experience executing test cases in a structured test environment and logging defects
Ability to identify gaps in test coverage and raise them proactively
Strong attention to detail and clear written communication
Nice to have
Experience with the following is a plus:
Experience working with a software vendor in a Business Analysis role or a functional role within capital markets
Expertise in the support and implementation of the Calypso Back-Office system primarily in post-trade processing areas of Trade validation, Cross-Asset Accounting, Settlements, Reconciliations, Messages (SWIFT/Paper), Regulatory and Internal reporting.
Knowledge and functional experience across Asset Classes
Hands on experience massaging or analyzing data using tools such as Excel, SQL, or similar.
Additionally:
Ability to work under pressure in a fast-paced environment is essential.
Have a willingness to learn new skills
Must have attention to detail
Must have the ability to work independently and also as part of a group
Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
Any technical knowledge (Writing simple sql query, be able to read code )
Conflict management ensuring collaborative outcomes
Excellent attention to detail and accuracy
Languages
English: C2 Proficient
Seniority
Senior
Remote United States, United States of America
Req. VR-122461
Calypso
BCM Industry
23/04/2026
Req. VR-122461
Apply for Calypso BO/Accounting QA in Remote United States
*Indicates a required field