Sr.SQAE - Loan Management and Letter of Credit

QA Tester — LM/LC Upgrade & RetailDESCRIPTION:Position Summary The QA Tester will be responsible for functional, integration, regression, upgrade, and end-to-end testing of LM/LC Upgrade and Retail functionality. The role will focus on validating upgraded functionality, identifying regression impacts, supporting business users, and providing post-live support. The position requires strong knowledge of the complete lending product lifecycle and awareness of applicable banking regulations and compliance requirements. Key Responsibilities

• Review upgrade requirements, functional specifications, change requests, and business processes.
• Analyze existing and upgraded functionality to identify impacted areas.
• Develop and execute test scenarios and test cases for LM/LC Upgrade and Retail functionality.
• Perform functional, integration, regression, system, upgrade, and end-to-end testing.
• Validate upgraded functionality against approved requirements and expected business behavior.
• Verify that existing functionality continues to operate correctly following the upgrade.
• Perform comparative testing between current and upgraded functionality where required.
• Validate business rules, workflows, calculations, validations, limits, approvals, and transaction processing.
• Verify interfaces and data exchange between LM/LC, Retail, and integrated systems.
• Perform defect retesting and targeted regression testing.
• Support data validation and reconciliation activities associated with upgrade testing.
• Provide business support to business users and stakeholders for LM/LC and Retail-related functional queries and issues.
• Provide post-live/production support following system upgrades and releases, including production issue analysis, functional validation, impact assessment, and coordination with technical teams.
• Demonstrate a strong understanding of the complete lifecycle of lending products, including origination, assessment, approval, disbursement, servicing, repayment, restructuring, settlement, and closure.
• Understand the relationship between lending products, customer information, accounts, collateral/security, limits, pricing, interest, fees, repayment schedules, and related banking processes.
• Maintain awareness of applicable banking regulations, compliance requirements, internal policies, and regulatory controls affecting lending and Retail banking processes.
• Ensure regulatory and compliance-related requirements are considered in test scenarios and validation activities.
• Analyze production issues and determine potential functional, configuration, data, integration, or business-rule impacts.
• Support root-cause analysis and identify potential regression and upgrade impacts.
• Identify upgrade-specific risks, functional gaps, business impacts, and regression areas.
• Log, track, and manage defects through the agreed defect lifecycle.
• Participate in defect triage and provide functional/business analysis to support resolution.
• Maintain test cases, execution results, evidence, defect records, and traceability.
• Support business and UAT teams during upgrade, Retail, and post-live validation activities.
• Provide daily testing progress, defect status, business-support updates, and post-live issue status.
• Support release readiness and post-production validation activities.

Soft Skills

• Analytical and problem-solving skills
• Stakeholder communication
• Business-process analysis

Experience

• Bachelor's degree in Computer Science, Information Technology, Engineering, Banking/Finance, or a related field.
• 5–7 years of relevant software testing experience, preferably within banking or financial services.
• Strong experience in functional, integration, regression, and upgrade testing.
• Strong understanding of lending products and the complete lending lifecycle.
• Experience with LM/LC, Retail Banking, Lending, or related banking applications.
• Experience with application upgrades, version upgrades, migration, or modernization testing.
• Experience providing business/application support and post-live production support.
• Awareness of banking regulations, compliance requirements, and regulatory controls.
• Experience validating integrations and business-critical banking transactions.
• Strong understanding of defect management and testing lifecycle.

Technical Skills

• LM/LC testing
• Lending lifecycle knowledge
• Retail banking testing
• Upgrade and regression testing
• Functional and integration testing
• Business support
• Post-live / production support
• Banking regulations and compliance awareness
• Test case design and execution
• Defect analysis and management
• Data validation and reconciliation

Certifications

• ISTQB certification is preferred.