CDSClear Senior QA Analyst

ABOUT US:  

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years. Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.  

LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.
Proud to share LSEG in Romania is Great Place to Work certified (Sept ’24 – Sept ’25).

OUR PEOPLE:  

People are at the heart of what we do and drive the success of our business. Our values of Integrity, Partnership, Excellence and Change shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential. We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning 65 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.  

Role profile:  

CDSClear is responsible for clearing Credit Default Swaps for the members and clients currently registered for the service with LCH. The Service is one of the fastest growing streams in the LCH business lines and is looking to build on recent successes to further increase market share.  

The CDSClear IT team develops, tests and supports the technology for the CDSClear service.  The systems enable CDSClear to complete overnight margin calculations for members, novate intraday trades, run trade simulation requests and provide reports to members and regulators.  

We are looking for an experienced Senior QA Analyst to join our team. In this role, you will become a key driver of our test design methodology and the strategic gatekeeper of release quality. You will take full ownership of the functional, user acceptance and non-regression testing as well as collaborating in non-functional requirements preparation and testing; perform deep requirement audits and systematic gap analysis to eliminate testing blind spots. The successful candidate will play a critical role in knowledge transfer, working closely with business stakeholders (Risks and Operations) to extract complex business rules and design high-quality, structured test scenarios that will feed into our core test automation initiatives.  

ROLE SUMMARY:  

WHAT YOU’LL BE DOING: 

• Work closely with Business Analysts, Development, Risks, and Operations teams to dissect complex functional specifications and build a comprehensive, hierarchical non-regression test repository for the CDSClear clearing platform. 

• Lead the strategy for requirements traceability, performing systematic gap analysis to eliminate testing blind spots and identify high-risk functional zones. 

• Design structured, data-driven test scenarios for testing automation, take active participation in defining testing automation strategy, defining priorities and automation levels (unit/component/SIT). 

• Enforce QA standard methodologies across the team, applying the "Boy Scout Rule" to continually refine, clean, and enrich the existing regression scope. 

• Ensure accurate, detailed recording and reporting of test results in the Test Management System, translating execution data into risk-based quality metrics for senior stakeholders. 

• Log descriptive defects with clear structural workflows, data states, and logs to ensure rapid issue recreation and resolution by development teams. 

WHAT YOU’LL BRING: 

Essential: 

• Proven ability to analyse complex business requirements, clearing workflows, and system specifications to define both day-to-day transaction flows and hidden edge cases. 

• Proven test design skills with deep expertise in boundary analysis, state transitions, and risk-based test scoping (turning volume-heavy cycle checks into high-impact functional suites). 

• Strong SQL skills suitable for querying extensive Oracle databases, verifying financial data consistency, and auditing report tables. 

• A proactive, confident communicator who can independently engage with a wide range of business stakeholders (Risks/Ops), challenge ambiguities, and drive knowledge transfer. 

• Strong verbal and written English skills to collaborate effectively across cross-functional internal teams. 

Preferred: 

• Deep credit derivatives knowledge relevant to trade lifecycles, clearing workflows, and risk management (specific knowledge of CDS products is a massive plus). 

• Hands-on experience with scripting/programming languages and tools (Python/Java, GitLab). 

• Conceptual understanding of Behaviour-Driven Development (BDD)/Data Driven Testing (DDT) and automated framework architectures (ability to read test logs, understand Allure reports, and collaborate effectively with the SDET engineering team). 

WHAT YOU’LL GET IN RETURN:  

We are looking for intellectually curious people, passionate about the bigger picture of how technology industry is evolving, ready to ask difficult questions and deal with complicated scenarios! If you are creative and a problem solver, this is the place to be as will be supporting you to fast-forward your career!

We maximise each employee’s potential through personal development through a wide range of learning tools both formal and informal. We believe in remunerating our people with competitive salaries and a range of attractive benefits such as:

• 25 days’ holiday per year
• 1 additional day off for your Birthday
• Annual wellness allowance
• Share Purchase Plan
• Medical Health Insurance
• Medical Subscription (preventive medical services)
• Life insurance
• Pillar 3 Private Pension
• Meal Vouchers
• Flexible Benefits
• Bookster
• Volunteering Events
• All LSEG colleagues with at least one year’s continuous service, who become parents, are now entitled to at least 26 weeks’ paid leave, and the option to return to work on a phased basis, in relation with specific company’s policy and guidelines

Career Stage:

Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.