Fixed Income Quality Engineering (Middle Back Office Testing)

Sumitomo Mitsui Banking Corporation•Charlotte, NC

11d•Hybrid

About The Position

SMBC Group is seeking a highly experienced, hands-on VP of Quality Engineering to help lead its Fixed Income Middle/Back Office testing function. The role defines, implements, and governs a testing strategy to ensure the reliability, scalability, and compliance of post-trade processing systems across settlements, confirmations, collateral management, regulatory reporting, and risk. It combines Fixed Income product and back-office workflow knowledge with hands-on Python programming and Quality Engineering leadership to advance automation, governance, and continuous improvement. The position leads Quality Engineering for back-office applications supporting Swaps, Derivatives, and Fixed Income trading. It partners with Technology, Operations, Risk, and Compliance; establishes test governance and standards; oversees end-to-end functional, integration, performance, resilience, and failover testing; and advances automation and tooling. It also defines quality metrics, provides executive-level reporting, and works to reduce production defects and improve testing efficiency. SMBC uses a hybrid workforce model, with employees working from home and an SMBC office. Employees must live within reasonable commuting distance of their office; the specific hybrid schedule is discussed during interviews, and hybrid work may not be permitted for certain roles.

Requirements

At least 5 years of Quality Assurance or Quality Engineering experience in the Capital Markets Fixed Income trading space.
Strong knowledge of Fixed Income products, including Swaps, government securities, corporate securities, repos, derivatives, and OTC products.
Strong knowledge of back-office workflows, including settlements, clearing, custody, and payments.
Demonstrated success building Quality Engineering functions in complex, regulated environments.
Track record implementing large-scale automation and QA governance frameworks.
Deep knowledge of post-trade systems and integrations, such as Calypso, Murex, Broadridge, Impact, GLOSS, DTCC, and SWIFT.
Strong expertise in test automation frameworks and technologies, including Java or Python, Selenium, Cypress, REST/SOAP service testing, and performance tools such as JMeter or LoadRunner.
Familiarity with DevOps and CI/CD pipelines, including Jenkins, GitLab, or Azure DevOps.
Data validation skills using SQL, Excel, and 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 combined with hands-on problem-solving capabilities.

Nice To Haves

Advanced degree such as an MBA, MS in Computer Science or Engineering, or a degree in Financial Engineering.
Prior experience in a sell-side investment bank or hedge fund back/middle office environment.
Knowledge of regulatory frameworks such as Dodd-Frank, MiFID II, CFTC, and EMIR.
Experience using AI or machine learning 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 Quality Engineering team across manual, automation, and performance testing disciplines.
Establish QA governance frameworks with accountability, traceability, and reporting across back-office test cycles.
Promote test management tools such as Jira and Xray for test coverage and defect traceability.
Define and enforce Quality Engineering practices, including automation frameworks, regression coverage, and shift-left practices.
Oversee end-to-end testing for settlements, reconciliations, clearing, payments, regulatory reporting, and other post-trade processes.
Ensure coverage of straight-through processing, fail and exception handling, SWIFT messaging, and integrations with custodians and clearing houses.
Set performance benchmarks and oversee resilience and failover testing for high-volume transaction flows.
Drive automation across back-office platforms using test harnesses, CI/CD pipelines, and AI-driven testing frameworks.
Define and maintain quality metrics, including defect leakage, automation coverage, cycle time, and escape rate.
Deliver executive-level quality reporting through dashboards such as Power BI, Tableau, or equivalent.
Implement continuous improvement practices to reduce production escapes and improve testing efficiency.