Padmi

Functional QA Analyst Loanscape (Mumbai)

MumbaiPosted 2 months ago
Software QualityJuniorFull Time; Regular
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About the Role We are looking for a skilled and detail-oriented Functional QA Analyst with a strong background in structured finance and commercial lending to join our Loanscape team. The ideal candidate will bring hands-on testing expertise in loan servicing platforms and a thorough understanding of end-to-end QA processes within the financial services domain. Key Responsibilities - Design, write, and execute comprehensive test scenarios and test cases based on business and functional requirements in the structured finance / commercial lending domain. - Perform functional testing of Loan Management Systems (LMS) to ensure accuracy, reliability, and compliance with business requirements. - Conduct thorough defect management activities including defect logging, tracking, prioritization, and closure in coordination with development and business teams. - Collaborate with business analysts, developers, and stakeholders to understand requirements and translate them into effective test strategies. - Validate loan servicing workflows, including loan origination, disbursement, repayment schedules, interest calculations, and fee structures. - Participate in test planning, test estimation , and preparation of test summary reports. - Ensure test coverage across functional, regression, and integration testing phases. - Identify, document, and communicate risks and issues related to quality and testing. - Contribute to continuous improvement of QA processes and best practices. Required Skills & Qualifications - Strong hands-on experience in QA / Testing within structured finance, commercial lending, or loan servicing domains. - Proficiency in Loan Management Systems such as CLS, ACBS, LoanIQ , or similar platforms. - Demonstrated ability to write detailed, well-structured test scenarios and test cases from functional and business requirement documents. - Solid experience in defect management using tools such as JIRA, HP ALM, or equivalent. - Good understanding of loan servicing processes including syndicated loans, commercial loans, and related financial instruments. - Robust analytical and problem-solving skills with keen attention to detail. - Excellent communication skills with the ability to work effectively with cross-functional teams. Good to Have - Experience working in Agile / Scrum delivery environments. - Familiarity with SQL for data validation and backend testing. - Knowledge of regulatory and compliance requirements in the lending domain. - Prior experience with automation testing tools is an added advantage. Education - Bachelor's degree in Engineering, Computer Science, Finance, or a related field. About the Role We are looking for a skilled and detail-oriented Functional QA Analyst with a strong background in structured finance and commercial lending to join our Loanscape team. The ideal candidate will bring hands-on testing expertise in loan servicing platforms and a thorough understanding of end-to-end QA processes within the financial services domain. Key Responsibilities - Design, write, and execute comprehensive test scenarios and test cases based on business and functional requirements in the structured finance / commercial lending domain. - Perform functional testing of Loan Management Systems (LMS) to ensure accuracy, reliability, and compliance with business requirements. - Conduct thorough defect management activities including defect logging, tracking, prioritization, and closure in coordination with development and business teams. - Collaborate with business analysts, developers, and stakeholders to understand requirements and translate them into effective test strategies. - Validate loan servicing workflows, including loan origination, disbursement, repayment schedules, interest calculations, and fee structures. - Participate in test planning, test estimation , and preparation of test summary reports. - Ensure test coverage across functional, regression, and integration testing phases. - Identify, document, and communicate risks and issues related to quality and testing. - Contribute to continuous improvement of QA processes and best practices. Required Skills & Qualifications - Strong hands-on experience in QA / Testing within structured finance, commercial lending, or loan servicing domains. - Proficiency in Loan Management Systems such as CLS, ACBS, LoanIQ , or similar platforms. - Demonstrated ability to write detailed, well-structured test scenarios and test cases from functional and business requirement documents. - Solid experience in defect management using tools such as JIRA, HP ALM, or equivalent. - Good understanding of loan servicing processes including syndicated loans, commercial loans, and related financial instruments. - Robust analytical and problem-solving skills with keen attention to detail. - Excellent communication skills with the ability to work effectively with cross-functional teams. Good to Have - Experi

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