Fixed Income Quality Engineering (Middle Back Office Testing)

Sumitomo Mitsui Banking Corporation • Charlotte, NC

9d • Hybrid

About The Position

SMBC Group is a top-tier global financial group with a 400-year history, offering diverse financial services. Headquartered in Tokyo, it has over 130 offices and 80,000 employees worldwide. In the Americas, SMBC Group operates in several countries, providing commercial and investment banking services to corporate, institutional, and municipal clients, leveraging its global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., and others.

This role is for a highly experienced hands-on VP of Quality Engineering to assist in leading the Fixed Income Middle/Back Office testing function. The position is responsible for defining, implementing, and governing a robust testing strategy to ensure the reliability, scalability, and compliance of post-trade processing systems, including settlements, confirmations, collateral management, regulatory reporting, and risk. The ideal candidate will possess deep Fixed Income product knowledge, understanding of back office workflows, and hands-on Python programming Quality Engineering leadership to drive automation, governance, and continuous improvement.

Requirements

• 5+ years in Quality Assurance/Engineering in the Capital Markets Fixed Income trading space
• Strong background in Fixed Income products (Swaps, Govies, Corporates, Repos, Derivatives, OTC products) and Back Office workflows (settlements, clearing, custody, payments).
• Demonstrated success in building QE functions in complex, regulated environments.
• Proven track record of implementing large-scale automation and QA governance frameworks.
• Deep knowledge of post-trade systems and integrations (e.g., Calypso, Murex, Broadridge, Impact, GLOSS, DTCC, SWIFT).
• Strong expertise in test automation frameworks (Java/Python + Selenium, Cypress, REST/SOAP service testing, performance tools like JMeter/LoadRunner).
• Familiarity with DevOps and CI/CD pipelines (Jenkins, GitLab, Azure DevOps).
• Data validation skills (SQL, Excel, reconciliation tools).
• Exceptional leadership, mentoring, and communication skills.
• Ability to engage with Front Office, Back/Middle Office, Risk, Operations, and Regulators at senior levels.
• Strategic mindset with hands-on problem-solving capabilities.

Nice To Haves

• Advanced degree (MBA, MS in Computer Science/Engineering, or Financial Engineering).
• Prior experience in a sell-side investment bank or hedge fund back/middle office environment.
• Knowledge of regulatory frameworks (Dodd-Frank, MiFID II, CFTC, EMIR).
• Experience with AI or ML in test automation and predictive analytics for QA.

Responsibilities

• Define and execute the Quality Engineering strategy for Back Office applications supporting Swaps, Derivatives and Fixed Income trading.
• Partner with Technology, Operations, Risk, and Compliance to align QA with business priorities and regulatory requirements.
• Build and manage a high-performing QE team across manual, automation, and performance testing disciplines.
• Establish QA governance frameworks with clear accountability, traceability, and reporting across all back office test cycles.
• Drive adoption of test management tools (e.g., Jira + Xray) to ensure complete coverage and defect traceability.
• Define and enforce QE best practices, including test automation frameworks, regression coverage, and shift-left practices.
• Oversee end-to-end testing for settlements, reconciliations, clearing, payments, regulatory reporting (MiFID, TRACE, CFTC), and other post-trade processes.
• Ensure test coverage includes STP (straight-through-processing), fail/exception handling, SWIFT messaging, and integration with custodians/clearing houses.
• Establish performance benchmarks, resilience, and failover testing for high-volume transaction flows.
• Drive automation strategy to increase regression efficiency, scalability, and accuracy across back office platforms (e.g., Calypso, Murex BO, or proprietary systems).
• Leverage modern test harnesses, CI/CD pipelines, and AI-driven test frameworks for smarter, faster, and more reliable validation.
• Define and maintain key quality metrics (defect leakage, automation coverage, cycle time, escape rate).
• Deliver executive-level reporting via dashboards (Power BI, Tableau, or equivalent).
• Implement continuous improvement loops to reduce production escapes and improve testing efficiency.

Benefits

• Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office.
• Reasonable accommodations during candidacy for applicants with disabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed