416 Qa Lead jobs in Mumbai

Job Description -

Job Description

Job Title : QA Lead

Job Type : Full-Time (On-site)

Experience Required : 7–10 years in software testing, with at least 3 years in a leadership role and strong exposure to banking or financial services applications.

Location : Mumbai

BU/Function : Digital Strategy & Analytics

About the Role :

We are looking for an experienced Software Testing Team Lead to manage both manual and automation testing efforts for critical banking and financial applications. The ideal candidate will have a strong background in test strategy, automation frameworks, and regulatory compliance, with the ability to lead a team and collaborate across departments.

Job Responsibilities :

Leadership & Team Management

• Lead and mentor a team of manual and automation testers.
• Allocate tasks, monitor progress, and ensure timely delivery of testing milestones.
• Conduct performance reviews and support career development of QA team members.

Test Strategy & Execution

• Define and implement comprehensive test strategies for functional, regression, integration, and UAT testing.
• Develop and maintain test plans, test cases, and test scripts for both manual and automated testing.
• Ensure test coverage for core banking systems, payment gateways, and financial applications.

Automation Frameworks

• Design, build, and maintain robust automation frameworks using tools like Selenium, TestNG, JUnit, or similar.
• Integrate automation into CI/CD pipelines using Jenkins, GitLab, or Azure DevOps.
• Optimize test execution and reduce manual effort through automation.

Banking Domain Expertise

• Understand banking workflows, compliance requirements (e.g., KYC, AML), and transaction processing.
• Collaborate with business analysts and developers to validate requirements and ensure testability.

Defect Management & Reporting

• Use tools like JIRA for defect tracking and reporting.
• Analyze test results, identify root causes, and work with development teams for resolution.

Quality Assurance & Compliance

• Ensure adherence to QA best practices, industry standards, and regulatory guidelines.
• Conduct audits and reviews to maintain high-quality deliverables.

Qualifications :

• Bachelor’s or master’s degree in computer science or Information Technology
• ISTQB or equivalent certification preferred.
• Strong experience with both manual and automation testing tools.
• Proficiency in scripting languages (Java, Python, or C#) and SQL.
• Deep understanding of banking systems, payment platforms, and financial regulations.
• Excellent communication, analytical, and leadership skills.

About the Digital Business Unit at IndusInd Bank :

The mandate of the Digital Business Unit at IndusInd Bank is as follows:

• Building customer centric products with human centered design principles for retail Individual and micro, small and medium enterprise (MSME) customer segments
• Build innovative products and propositions backed with problem solving mindset to discover and solve latent needs of customers
• Build Embedded Finance (Banking as a Service) applications
• Ensure designs are highly available, highly modular, highly scalable and highly secure drive digital business

Few of the applications managed by the Digital Business Unit include Indie (Bank’s mobile app for retail individual clients), IndusNet (net banking application of the bank), IndusMerchantSolutions app, Whatsapp Banking, Chatbots, Easycredit for Individuals, easycredit for Business Owners, savings, current account and fixed deposit online platforms.

The unit’s objectives are three-fold:

(a) Drive better customer experience and engagement, (b) Transform existing lines of businesses and (c) Build new digital only or banking as a service led digital business models

Position: Test Lead / Quality Assurance Lead - Algorithmic Trading (Cash, Futures and Options)

About Neo Group:

Neo group is a new age, focused Asset Management and Financial Advisory Platform that aims to provide clients with transparent, cost-efficient, and unbiased solutions. Through its various business lines, Neo Group serves a vast diaspora of institutional and retail customers across India, with a view to empowering them to pursue their dreams. Assisting in India's glorious aspiration on self-reliance and egalitarian prosperity is Neo's underlying goal, and we are proud to stand united in that journey. We are building the next billion tech for the best wealth management platform and financial ecosystem.

The organisation is founded by Nitin Jain (Ex CEO of Nuvama Wealth Management) and backed by Peak XV (earlier Sequioa), MUFG and Euclidean Capital as investors.

About Neo Markets:

Neo Markets is a multi-asset, multi-strategy trading business of the Neo Group, striving superior risk adjusted returns. Our aim and unflinching focus are to be the best analytical and algorithmic trading desk in the country. The desk prides itself in delivering non-correlated superior risk adjusted returns across market cycles. Over the years, we have found that people who bring a sense of ownership and passion, and come with a grit to think, ideate, solve problems, build systems, and make each of that extra buck off the table with conscious risk taking have better odds of succeeding. We are looking for precisely these folks.

Neo Group Today

• Number of Employees: 600 +
• Asset Management: AUM of ~₹ 15,000 Cr across various funds
• Neo Wealth Management: Asset Under Advisory of ~₹ 50,000 Cr
• Well capitalized and profitable

Job Responsibilities:

Algorithm Testing & Validation

• Design, execute, and automate test cases for cash, futures, and options trading strategies.
• Validate algorithm logic by collaborating with strategy writers and quants to deeply understand the trading models.
• Perform end-to-end testing: order generation, order routing, risk checks, trade execution, P&L calculation, and reporting.

Risk & Control Testing

• Identify and test all risk parameters associated with trading algorithms (e.g., max order size, exposure limits, fat-finger checks, kill switches).
• Simulate adverse market conditions to ensure algorithms behave within defined risk tolerance.
• Ensure compliance with exchange/regulatory guidelines around algorithmic trading.

Test Planning & Case Creation

• Develop comprehensive test plans and test cases for new and existing algorithms.
• Work closely with back-testing teams to validate results from historical simulations against live test environments.
• Document test scenarios covering latency, slippage, market impact and failover behavior.

Coordination & Communication

• Collaborate with developers, quants, strategy writers, and risk managers to ensure proper test coverage.
• Communicate test results, issues, and recommendations clearly to both technical and business stakeholders.
• Lead test reviews, defect triage, and sign-off processes for go-live readiness.

Key Skills and Experience:

• Strong understanding of financial markets: equities (cash), futures & options (F&O), order types, and market microstructure.
• Knowledge of algorithmic trading strategies (e.g., arbitrage, market making, spread trading).
• Strong ability to identify and document algorithmic risks (e.g., runaway orders, latency races, stale market data).
• Familiarity with back-testing frameworks and historical market data validation.
• Excellent communication skills to coordinate between quants, developers, and risk teams.

Preferred Qualifications:

1. 2–3 years of experience in trading technology QA/testing, preferably in algorithmic or electronic trading environments.
2. Prior experience in strategy validation, quant research testing, or model verification.
3. Knowledge of regulatory requirements for algo trading (e.g., SEBI).
4. Experience leading a team of testers and managing the QA lifecycle.

Position: Test Lead / Quality Assurance Lead - Algorithmic Trading (Cash, Futures and Options)

About Neo Group:

Neo group is a new age, focused Asset Management and Financial Advisory Platform that aims to provide clients with transparent, cost-efficient, and unbiased solutions. Through its various business lines, Neo Group serves a vast diaspora of institutional and retail customers across India, with a view to empowering them to pursue their dreams. Assisting in India's glorious aspiration on self-reliance and egalitarian prosperity is Neo's underlying goal, and we are proud to stand united in that journey. We are building the next billion tech for the best wealth management platform and financial ecosystem.

The organisation is founded by Nitin Jain (Ex CEO of Nuvama Wealth Management) and backed by Peak XV (earlier Sequioa), MUFG and Euclidean Capital as investors.

About Neo Markets:

Neo Markets is a multi-asset, multi-strategy trading business of the Neo Group, striving superior risk adjusted returns. Our aim and unflinching focus are to be the best analytical and algorithmic trading desk in the country. The desk prides itself in delivering non-correlated superior risk adjusted returns across market cycles. Over the years, we have found that people who bring a sense of ownership and passion, and come with a grit to think, ideate, solve problems, build systems, and make each of that extra buck off the table with conscious risk taking have better odds of succeeding. We are looking for precisely these folks.

Neo Group Today

• Number of Employees: 600 +
• Asset Management: AUM of ~₹ 15,000 Cr across various funds
• Neo Wealth Management: Asset Under Advisory of ~₹ 50,000 Cr
• Well capitalized and profitable

Job Responsibilities:

Algorithm Testing & Validation

• Design, execute, and automate test cases for cash, futures, and options trading strategies.
• Validate algorithm logic by collaborating with strategy writers and quants to deeply understand the trading models.
• Perform end-to-end testing: order generation, order routing, risk checks, trade execution, P&L calculation, and reporting.

Risk & Control Testing

• Identify and test all risk parameters associated with trading algorithms (e.g., max order size, exposure limits, fat-finger checks, kill switches).
• Simulate adverse market conditions to ensure algorithms behave within defined risk tolerance.
• Ensure compliance with exchange/regulatory guidelines around algorithmic trading.

Test Planning & Case Creation

• Develop comprehensive test plans and test cases for new and existing algorithms.
• Work closely with back-testing teams to validate results from historical simulations against live test environments.
• Document test scenarios covering latency, slippage, market impact and failover behavior.

Coordination & Communication

• Collaborate with developers, quants, strategy writers, and risk managers to ensure proper test coverage.
• Communicate test results, issues, and recommendations clearly to both technical and business stakeholders.
• Lead test reviews, defect triage, and sign-off processes for go-live readiness.

Key Skills and Experience:

• Strong understanding of financial markets: equities (cash), futures & options (F&O), order types, and market microstructure.
• Knowledge of algorithmic trading strategies (e.g., arbitrage, market making, spread trading).
• Strong ability to identify and document algorithmic risks (e.g., runaway orders, latency races, stale market data).
• Familiarity with back-testing frameworks and historical market data validation.
• Excellent communication skills to coordinate between quants, developers, and risk teams.

Preferred Qualifications:

• 2–3 years of experience in trading technology QA/testing, preferably in algorithmic or electronic trading environments.
• Prior experience in strategy validation, quant research testing, or model verification.
• Knowledge of regulatory requirements for algo trading (e.g., SEBI).
• Experience leading a team of testers and managing the QA lifecycle.

Position: Test Lead / Quality Assurance Lead - Algorithmic Trading (Cash, Futures and Options)

About Neo Group:

Neo group is a new age, focused Asset Management and Financial Advisory Platform that aims to provide clients with transparent, cost-efficient, and unbiased solutions. Through its various business lines, Neo Group serves a vast diaspora of institutional and retail customers across India, with a view to empowering them to pursue their dreams. Assisting in India's glorious aspiration on self-reliance and egalitarian prosperity is Neo's underlying goal, and we are proud to stand united in that journey. We are building the next billion tech for the best wealth management platform and financial ecosystem.

The organisation is founded by Nitin Jain (Ex CEO of Nuvama Wealth Management) and backed by Peak XV (earlier Sequioa), MUFG and Euclidean Capital as investors.

About Neo Markets:

Neo Markets is a multi-asset, multi-strategy trading business of the Neo Group, striving superior risk adjusted returns. Our aim and unflinching focus are to be the best analytical and algorithmic trading desk in the country. The desk prides itself in delivering non-correlated superior risk adjusted returns across market cycles. Over the years, we have found that people who bring a sense of ownership and passion, and come with a grit to think, ideate, solve problems, build systems, and make each of that extra buck off the table with conscious risk taking have better odds of succeeding. We are looking for precisely these folks.

Neo Group Today

• Number of Employees: 600 +
• Asset Management: AUM of ~₹ 15,000 Cr across various funds
• Neo Wealth Management: Asset Under Advisory of ~₹ 50,000 Cr
• Well capitalized and profitable

Job Responsibilities:

Algorithm Testing & Validation

• Design, execute, and automate test cases for cash, futures, and options trading strategies.
• Validate algorithm logic by collaborating with strategy writers and quants to deeply understand the trading models.
• Perform end-to-end testing: order generation, order routing, risk checks, trade execution, P&L calculation, and reporting.

Risk & Control Testing

• Identify and test all risk parameters associated with trading algorithms (e.g., max order size, exposure limits, fat-finger checks, kill switches).
• Simulate adverse market conditions to ensure algorithms behave within defined risk tolerance.
• Ensure compliance with exchange/regulatory guidelines around algorithmic trading.

Test Planning & Case Creation

• Develop comprehensive test plans and test cases for new and existing algorithms.
• Work closely with back-testing teams to validate results from historical simulations against live test environments.
• Document test scenarios covering latency, slippage, market impact and failover behavior.

Coordination & Communication

• Collaborate with developers, quants, strategy writers, and risk managers to ensure proper test coverage.
• Communicate test results, issues, and recommendations clearly to both technical and business stakeholders.
• Lead test reviews, defect triage, and sign-off processes for go-live readiness.

Key Skills and Experience:

• Strong understanding of financial markets: equities (cash), futures & options (F&O), order types, and market microstructure.
• Knowledge of algorithmic trading strategies (e.g., arbitrage, market making, spread trading).
• Strong ability to identify and document algorithmic risks (e.g., runaway orders, latency races, stale market data).
• Familiarity with back-testing frameworks and historical market data validation.
• Excellent communication skills to coordinate between quants, developers, and risk teams.

Preferred Qualifications:

1. 2–3 years of experience in trading technology QA/testing, preferably in algorithmic or electronic trading environments.
2. Prior experience in strategy validation, quant research testing, or model verification.
3. Knowledge of regulatory requirements for algo trading (e.g., SEBI).
4. Experience leading a team of testers and managing the QA lifecycle.

Position: Test Lead / Quality Assurance Lead - Algorithmic Trading (Cash, Futures and Options)

About Neo Group:

Neo group is a new age, focused Asset Management and Financial Advisory Platform that aims to provide clients with transparent, cost-efficient, and unbiased solutions. Through its various business lines, Neo Group serves a vast diaspora of institutional and retail customers across India, with a view to empowering them to pursue their dreams. Assisting in India's glorious aspiration on self-reliance and egalitarian prosperity is Neo's underlying goal, and we are proud to stand united in that journey. We are building the next billion tech for the best wealth management platform and financial ecosystem.

The organisation is founded by Nitin Jain (Ex CEO of Nuvama Wealth Management) and backed by Peak XV (earlier Sequioa), MUFG and Euclidean Capital as investors.

About Neo Markets:

Neo Markets is a multi-asset, multi-strategy trading business of the Neo Group, striving superior risk adjusted returns. Our aim and unflinching focus are to be the best analytical and algorithmic trading desk in the country. The desk prides itself in delivering non-correlated superior risk adjusted returns across market cycles. Over the years, we have found that people who bring a sense of ownership and passion, and come with a grit to think, ideate, solve problems, build systems, and make each of that extra buck off the table with conscious risk taking have better odds of succeeding. We are looking for precisely these folks.

Neo Group Today

• Number of Employees: 600 +
• Asset Management: AUM of ~₹ 15,000 Cr across various funds
• Neo Wealth Management: Asset Under Advisory of ~₹ 50,000 Cr
• Well capitalized and profitable

Job Responsibilities:

Algorithm Testing & Validation

• Design, execute, and automate test cases for cash, futures, and options trading strategies.
• Validate algorithm logic by collaborating with strategy writers and quants to deeply understand the trading models.
• Perform end-to-end testing: order generation, order routing, risk checks, trade execution, P&L calculation, and reporting.

Risk & Control Testing

• Identify and test all risk parameters associated with trading algorithms (e.g., max order size, exposure limits, fat-finger checks, kill switches).
• Simulate adverse market conditions to ensure algorithms behave within defined risk tolerance.
• Ensure compliance with exchange/regulatory guidelines around algorithmic trading.

Test Planning & Case Creation

• Develop comprehensive test plans and test cases for new and existing algorithms.
• Work closely with back-testing teams to validate results from historical simulations against live test environments.
• Document test scenarios covering latency, slippage, market impact and failover behavior.

Coordination & Communication

• Collaborate with developers, quants, strategy writers, and risk managers to ensure proper test coverage.
• Communicate test results, issues, and recommendations clearly to both technical and business stakeholders.
• Lead test reviews, defect triage, and sign-off processes for go-live readiness.

Key Skills and Experience:

• Strong understanding of financial markets: equities (cash), futures & options (F&O), order types, and market microstructure.
• Knowledge of algorithmic trading strategies (e.g., arbitrage, market making, spread trading).
• Strong ability to identify and document algorithmic risks (e.g., runaway orders, latency races, stale market data).
• Familiarity with back-testing frameworks and historical market data validation.
• Excellent communication skills to coordinate between quants, developers, and risk teams.

Preferred Qualifications:

• 2–3 years of experience in trading technology QA/testing, preferably in algorithmic or electronic trading environments.
• Prior experience in strategy validation, quant research testing, or model verification.
• Knowledge of regulatory requirements for algo trading (e.g., SEBI).
• Experience leading a team of testers and managing the QA lifecycle.

Position: Test Lead / Quality Assurance Lead - Algorithmic Trading (Cash, Futures and Options)

About Neo Group:

Neo group is a new age, focused Asset Management and Financial Advisory Platform that aims to provide clients with transparent, cost-efficient, and unbiased solutions. Through its various business lines, Neo Group serves a vast diaspora of institutional and retail customers across India, with a view to empowering them to pursue their dreams. Assisting in India's glorious aspiration on self-reliance and egalitarian prosperity is Neo's underlying goal, and we are proud to stand united in that journey. We are building the next billion tech for the best wealth management platform and financial ecosystem.

The organisation is founded by Nitin Jain (Ex CEO of Nuvama Wealth Management) and backed by Peak XV (earlier Sequioa), MUFG and Euclidean Capital as investors.

About Neo Markets:

Neo Markets is a multi-asset, multi-strategy trading business of the Neo Group, striving superior risk adjusted returns. Our aim and unflinching focus are to be the best analytical and algorithmic trading desk in the country. The desk prides itself in delivering non-correlated superior risk adjusted returns across market cycles. Over the years, we have found that people who bring a sense of ownership and passion, and come with a grit to think, ideate, solve problems, build systems, and make each of that extra buck off the table with conscious risk taking have better odds of succeeding. We are looking for precisely these folks.

Neo Group Today

• Number of Employees: 600 +
• Asset Management: AUM of ~₹ 15,000 Cr across various funds
• Neo Wealth Management: Asset Under Advisory of ~₹ 50,000 Cr
• Well capitalized and profitable

Job Responsibilities:

Algorithm Testing & Validation

• Design, execute, and automate test cases for cash, futures, and options trading strategies.
• Validate algorithm logic by collaborating with strategy writers and quants to deeply understand the trading models.
• Perform end-to-end testing: order generation, order routing, risk checks, trade execution, P&L calculation, and reporting.

Risk & Control Testing

• Identify and test all risk parameters associated with trading algorithms (e.g., max order size, exposure limits, fat-finger checks, kill switches).
• Simulate adverse market conditions to ensure algorithms behave within defined risk tolerance.
• Ensure compliance with exchange/regulatory guidelines around algorithmic trading.

Test Planning & Case Creation

• Develop comprehensive test plans and test cases for new and existing algorithms.
• Work closely with back-testing teams to validate results from historical simulations against live test environments.
• Document test scenarios covering latency, slippage, market impact and failover behavior.

Coordination & Communication

• Collaborate with developers, quants, strategy writers, and risk managers to ensure proper test coverage.
• Communicate test results, issues, and recommendations clearly to both technical and business stakeholders.
• Lead test reviews, defect triage, and sign-off processes for go-live readiness.

Key Skills and Experience:

• Strong understanding of financial markets: equities (cash), futures & options (F&O), order types, and market microstructure.
• Knowledge of algorithmic trading strategies (e.g., arbitrage, market making, spread trading).
• Strong ability to identify and document algorithmic risks (e.g., runaway orders, latency races, stale market data).
• Familiarity with back-testing frameworks and historical market data validation.
• Excellent communication skills to coordinate between quants, developers, and risk teams.

Preferred Qualifications:

1. 2–3 years of experience in trading technology QA/testing, preferably in algorithmic or electronic trading environments.
2. Prior experience in strategy validation, quant research testing, or model verification.
3. Knowledge of regulatory requirements for algo trading (e.g., SEBI).
4. Experience leading a team of testers and managing the QA lifecycle.