89 Test Leads jobs in Mumbai

Job Description -

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.

Role Overview

We are seeking an experienced Test Manager to lead the end-to-end Quality Engineering (QE) strategy for the implementation of a Digital Wealth platform using Comarch. This role requires deep expertise in digital wealth management and test leadership, with the ability to design test strategies, manage cross-functional teams, and ensure compliance with client and organizational quality standards. The Test Manager will be accountable for overall testing quality, timely delivery, and continuous improvement initiatives, while collaborating with Comarch product teams, banking stakeholders, and offshore QE resources.

Key Responsibilities

• Lead the end-to-end QE strategy for Comarch platform implementation in a digital wealth environment.
• Define test strategies across wealth use cases, integration with banking systems, and cloud deployments.
• Collaborate with Comarch product and implementation teams to align on release quality.
• Manage cross-functional QE resources, including functional, automation, performance, and UX.
• Report quality metrics to both the bank’s digital leadership and Comarch stakeholders.
• Take overall responsibility for quality of testing and timely delivery.
• Act as a key driver of test improvement initiatives.
• Develop test strategies, overall plans, resource requirements, allocation, and identify technical skill needs.
• Interact with client teams on project risks, concerns, and issue resolution.
• Report project status to the Delivery or Program Manager.
• Ensure compliance with client and QualityKiosk processes.
• Consolidate and report metrics for all project activities.
• Manage project knowledge and maintain documentation.
• Create test designs, execution plans, and testing schedules.
• Assign tasks to team members and manage workload efficiently.
• Track project milestones and deliverables.
• Manage and monitor offshore team performance.
• Provide inputs and clarifications to the offshore team as needed.
• Track and manage new requirements arising during the project.
• Conduct daily defect discussions and ensure timely resolution.
• Ensure adherence to onsite-offshore processes and agreed timelines.
• Coordinate with users for inputs, reviews, and approvals.
• Take responsibility for metrics measurement and implementation.
• Report on testing activities, including results, test suite coverage, test case creation, and defect tracking.
• Ensure strict adherence to testing processes.
• Coordinate with client teams for UAT.

Must-Have Skills

• Proven experience with Digital Wealth implementation.

• Strong background in QE/Test Management for large-scale financial platforms.

• Demonstrated ability to manage offshore teams and drive timely, high-quality deliveries.

Good-to-Have Skills

• Experience in Mobile Banking, Onboarding Channels, or Internet Banking.

• Hands-on exposure to Comarch Wealth Management solutions.

• Familiarity with UAE market practices.