Functional Quality Assurance Analyst in Bombay, भारत

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.- Strong 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. (ref:hirist.tech)