Counterparty Credit Risk Test Manager/QA Manager – VP

London

Contract

£800 per day (via Umbrella)

cer Financial are working alongside a warm and welcoming, international bank, who are based in London. They are seeking a Counterparty Credit Risk Test manager – Vice President to 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

Responsibilities:

1. Define and implement QA strategies aligned with banking standards and governance frameworks.
2. Lead SIT, UAT, regression, and end-to-end testing for Counterparty Credit Risk systems.
3. Manage QA teams, resources, test planning, execution, and delivery quality.
4. Establish quality KPIs, reporting frameworks, and continuous improvement processes.
5. Oversee defect management, test coverage, traceability, and release readiness.
6. Collaborate with business, technology, and risk stakeholders to ensure effective testing.
7. Ensure compliance with regulatory, audit, and model governance requirements.
8. Manage testing risks, dependencies, and senior stakeholder reporting.

The candidate:

1. 8–12+ years of QA and Test Management experience in banking or financial services.
2. Strong knowledge of Counterparty Credit Risk (CCR), EAD, PFE, SA-CCR, and IMM.
3. Expertise in SIT, UAT, regression, integration, and data reconciliation testing.
4. Experience with JIRA, Xray, ALM, or Azure DevOps.
5. Strong understanding of SDLC, STLC, QA governance, and regulatory controls.
6. Proven experience building QA teams and improving testing frameworks.
7. Excellent stakeholder management, leadership, and analytical skills.
8. Experience in Agile delivery and regulatory transformation programmes.
9. Exposure to test automation, AQR, and stress testing is desirable.