Project Role : Custom Software Engineer Project Role Description : Develop custom software solutions to design, code, and enhance components across systems or applications. Use modern frameworks and agile practices to deliver scalable, high-performing solutions tailored to specific business needs.

Must have skills : Functional Test Planning Good to have skills : NA Minimum 7.5 Year(s) Of Experience Is Required Educational Qualification : 15 years full time education Summary: We are seeking an experienced Functional Test Lead with strong domain expertise in Payments and Cash Settlements within the Trade Lifecycle. The role involves owning test planning, strategy, and execution for end-to-end settlement flows, ensuring high-quality delivery across upstream and downstream systems.

Roles & Responsibilities: Test Planning & Strategy:

Define and own functional test strategy, test plan, and test approach for payments and cash settlement systems

Analyze business requirements, functional specifications, and trade workflows to identify test scope and risks

Prepare end-to-end test scenarios covering the full trade lifecycle (Trade Capture to Confirmation to Settlement to Reconciliation)

Payments & Cash Settlements Testing:

Validate cash settlement flows for: Domestic & cross-border payments. RTGS, SWIFT (MT/MX), ACH, NEFT, Fedwire, CHAPS (as applicable)

Test cash movements, netting, funding checks, and nostro/vostro account postings

Ensure correct handling of fees, charges, FX rates, and cut-off times

Trade Lifecycle Coverage

Test settlement for asset classes such as: Equities, Fixed Income, FX, Derivatives

Validate settlement events

Trade date (T), settlement date (T+N)

Failed trades, partial settlements, reversals, cancellations





Verify corporate actions and lifecycle events impacting cash settlements

Functional & Business Validation:

Validate accounting entries, GL postings, and reconciliation reports

Ensure compliance with market regulations and settlement standards

Perform data validation across upstream and downstream systems

Defect & Stakeholder Management:

Log, track, and manage defects with clear business impact analysis

Collaborate closely with Business Analysts, Product Owners, Developers, and Operations teams

Participate in UAT support and production go-live activities

Leadership & Governance (for Lead Role):

Mentor junior testers and review test artefacts

Provide test status reporting, risk assessment, and quality metrics to stakeholders

Drive process improvements and best practices in functional testing Professional & Technical Skills: Must To Have Skills: Functional Testing Skills

Solid experience in manual and functional testing and test planning

Expertise in end-to-end testing, regression, and UAT support

Proficiency in test management tools (JIRA, ALM, TestRail, etc.)

Domain Knowledge (Must Have)

In-depth knowledge of Payments and Cash Settlements

Strong understanding of Trade Lifecycle in Capital Markets

Familiarity with

SWIFT messages (MT103, MT202, MT540–543, MT950, etc.)

Settlement concepts: nostro/vostro, clearing, netting, reconciliation Nice to Have: Exposure to ISO 20022 (MX messages)

Knowledge of regulatory reporting and compliance

Experience in Agile / SAFe environments Additional Information: The candidate should have minimum 5 to 7 years of experience in Functional Test Planning payments and cash settlement domain.

This position is based at our Mumbai office.

A 15 years full time education is required.

📌 Custom Software Engineer (Mumbai)
🏢 Accenture in India
📍 Mumbai