Full-Time

Senior Quality Assurance Specialist

Regulatory Compliance Technology

Posted on 7/31/2025

Nasdaq

Nasdaq

5,001-10,000 employees

Global electronic securities exchange & fintech

No salary listed

Mumbai, Maharashtra, India

In Person

Category
QA & Testing (5)
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Legal & Compliance (5)
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Required Skills
MySQL
SQL
Java
Postgres
Data Analysis
Requirements
  • Proven experience of 10 years in software development, compliance testing, and data analytics.
  • Strong critical and analytical thinking skills.
  • Ability to bring together disparate points of views and opinions to achieve consensus across multiple teams.
  • Experience using Java.
  • Expert understanding of databases, and ability to write complex queries.
  • Basic understanding of market trading platforms.
  • Strong grammar and writing skills.
  • Proficient understanding of code versioning tools, such as GitLab!
  • Education Qualification: Bachelor/Master in science, engineering, computer science, math, or statistics.
Responsibilities
  • Design, develop, fix and implement application software for Regulatory Technology projects.
  • Parse rulebooks language and design models that will be used as the basis for the design of test scripts.
  • Participate in business and technical design reviews of the trading engines, functional specification reviews, develop level of effort estimates for rulebook compliance testing.
  • Proactively identify and resolve potential problems/issues including input of rulebook language and functional behavior of trading engines.
  • Conduct testing, build models of the rules, review results, identify issues, and coordinate resolution between business, legal, and development groups.
  • Participate in surveillance pattern design reviews, build models and technical design documents, and conduct data analysis that will drive decisions on efficient parameter usage.
Desired Qualifications
  • Knowledge of trading and market structures.
  • Knowledge of surveillance patterns and algorithms.
  • Good understanding of SQL, Python and data analysis.
  • Excellent writing skills.
  • Experience with regulatory rule drafting and interpretation.

Nasdaq operates one of the world’s largest electronic stock exchanges and provides a suite of financial technology services for buying and selling securities, plus analytics like Nasdaq Smart Portfolio. Its products include an electronic trading platform that matches orders, subscription analytics, and data services, as well as listing services and non-financial marketplaces through InsurTech partners. It differentiates itself with a large, scalable exchange, extensive data analytics, a broad subscription-based product lineup, and a footprint in both traditional markets and digital marketplaces. Its goal is to provide efficient, transparent access to capital and investment opportunities worldwide while growing revenue from trading, listings, and data-driven services and advancing sustainable investing globally.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

1971

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue grew 13.7%, showing broad demand across core businesses.
  • Bitcoin index options and tokenized settlement expand Nasdaq's product surface into crypto infrastructure.
  • Talos integration targets $35 billion in trapped collateral, improving institutional workflow efficiency.

What critics are saying

  • ICE's crypto expansion intensifies competition for exchange flow and next-generation infrastructure.
  • Cash-equity trading share missed expectations at 15.1%, signaling pressure on core market services.
  • Nasdaq's matching-engine outages expose operational fragility and damage trust during extended trading hours.

What makes Nasdaq unique

  • Nasdaq combines exchange trading with financial technology and market-infrastructure software.
  • Its Investment Intelligence tools support analytics, portfolio optimization, and real-time market data.
  • Tokenized securities and 23/5 trading position Nasdaq for next-generation market plumbing.

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Benefits

Hybrid Work Options

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Company News

Yahoo Finance
Mar 25th, 2026
Nasdaq and Talos target $35B in trapped collateral with TradFi-crypto integration

Nasdaq and Talos have integrated legacy financial infrastructure into crypto trading systems to unlock $35 billion in trapped collateral. The partnership connects Nasdaq's Calypso risk platform and Trade Surveillance technology with Talos's institutional liquidity network. The move addresses capital inefficiency caused by fragmented settlement layers and disconnected risk systems. Institutional collateral sits idle in non-interest-bearing buffers, whilst moving traditional assets like Treasuries to cover crypto margin calls requires T+1 settlement and manual reconciliation. Talos clients, including hedge funds and brokers, now access unified workflows managing tokenised real-world assets alongside crypto and traditional equities. Nasdaq's Trade Surveillance engine enables real-time detection of market manipulation across venues, bringing regulatory-grade audit trails to digital asset trading. The integration eliminates pre-funding requirements and capital mobility bottlenecks that have slowed institutional adoption.

Yahoo Finance
Mar 19th, 2026
SEC approves Nasdaq plan to settle stock trades on blockchain

The SEC has approved a plan allowing certain Nasdaq-listed securities to trade in tokenised form, settling on blockchain rather than through traditional book-entry systems. This marks the first time US regulators have formally integrated blockchain technology into core stock trading infrastructure. Tokenised shares will trade on the same order book as regular shares, with identical tickers, prices and rights. The only difference is settlement method, which uses blockchain tokens rather than the Depository Trust Company's traditional ledger system. Existing surveillance and settlement timelines remain unchanged. The approval follows Nasdaq's September filing and reflects the SEC's more receptive stance towards digital asset integration. Intercontinental Exchange, owner of the New York Stock Exchange, is pursuing similar initiatives through investments in crypto exchange OKX, intensifying competition between the two largest US exchanges.

Yahoo Finance
Mar 11th, 2026
Nasdaq stock posts 19.9% gain over 52 weeks, beating Dow's 14.4% return

Nasdaq Inc., with a $49.8 billion market capitalisation, has declined 16.2% from its 52-week high of $101.79. Over the past three months, shares fell 7.6%, underperforming the Dow Jones Industrial Average's 2.7% drop. The company reported strong 2025 financial results on 29 January, including record net revenue of $5.2 billion, up 13%, and solutions revenue of $4 billion, up 12%. Despite these results, shares fell marginally. Whilst Nasdaq stock has declined 10.7% year-to-date, it has gained 19.9% over the past 52 weeks, outpacing the Dow's 14.4% return. The stock trades below its 50-day and 200-day moving averages since February. Analysts maintain a "strong buy" consensus rating with a mean price target of $112.06, suggesting 30.6% upside potential.

Yahoo Finance
Mar 9th, 2026
Nasdaq partners with Kraken parent to develop tokenised equity design for on-chain trading

Nasdaq is developing a new design for tokenised equities that gives publicly traded companies greater control over their shares in token form, including proxy-related matters, corporate actions and governance rights. The exchange has partnered with Payward, Kraken's parent company, to build a gateway enabling tokenised equities to move between regulated and on-chain markets. The initiative follows Nasdaq's September filing with the Securities and Exchange Commission proposing to enable equity securities to trade on its markets and settle in token form through the Depository Trust & Clearing Corp. Separately, Nasdaq announced a partnership with Seturion, Boerse Stuttgart Group's pan-European settlement platform, to connect its European trading venues for tokenised securities trading. The New York Stock Exchange is pursuing a similar blockchain-based venue for round-the-clock trading of tokenised stocks and exchange-traded funds.

Yahoo Finance
Mar 7th, 2026
Texas leads US in financial sector employment as Abbott rings Nasdaq closing bell at Alamo

Texas Governor Greg Abbott joined Nasdaq for a virtual closing bell ceremony at the Alamo on 5 March, marking the 190th anniversary of the Battle of the Alamo whilst celebrating Texas' economic achievements. Abbott highlighted that Texas ranks first nationally in financial sector employment, capital investment and capital markets. The ceremony included Lieutenant Governor Dan Patrick, Nasdaq Chair Adena Friedman and Texas business leaders. Nasdaq launched Nasdaq Texas in November, a dual listing venue expanding services statewide. Under Abbott's tenure, Texas has attracted over 325 corporate headquarters and hosts 54 Fortune 500 companies. As the world's eighth-largest economy, the state employs the nation's largest financial services workforce, surpassing New York. Nasdaq established its regional headquarters in Dallas last March.

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