Job DescriptionJob Title - Senior Test Consultant – Clearing, Risk & Settlement (Exchange Technology Migration)
nJob Type - Hybrid
nLocation - Dubai
nExperience - 8+ Years
nJob Description -
nWe are seeking an experienced Senior Test Consultant to join an independent testing team supporting a major exchange technology transformation and migration program.
nThe role will focus on testing the Clearing House (CCP) platform, covering positions, margining and risk, collateral, banking and settlement, delivery, default management, and regulatory reporting.
nThe successful candidate will work closely with exchange business teams, technology teams, and third-party product vendors across UAT, mock trading, cutover rehearsals, and Go-Live.
nKey Responsibilities
nAnalyse business requirements, functional specifications, rulebooks, and regulatory requirements and develop comprehensive test scenarios and cases.
nMaintain requirement-to-test traceability and obtain formal approval from business stakeholders.
nDesign and execute detailed UAT test cases across multiple vendor releases.




nDefine test data and coordinate workplace readiness with business, IT, and vendor teams.
nManage defects through the complete lifecycle, including severity/priority classification, triage, retesting, and regression.
nPrepare daily and weekly test status reports covering execution, defects, risks, blockers, and readiness.
nPrepare test summary reports and provide UAT sign-off recommendations.
nSupport member/ISV conformance testing, mock trading, cutover rehearsals, Go-Live, and post-Go-Live hypercare.
nWork in accordance with exchange information-security, confidentiality, and data-classification requirements.
nCCP / Clearing-Specific Responsibilities
nTest real-time position processing, client/house segregation, position transfers, and contract-level exhaustion.
nValidate clearing and netting models including Gross-Gross, Gross-Net, Net-Net, and TFT.
nTest initial margin, SPA

📌 Senior Test Consultant (Vasanthanagar)
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📍 Vasanthanagar