Full Description

Functional QA – Banking Loan Domain (with Web Automation)

Position Summary

We are looking for a detail-oriented Functional QA Analyst with strong experience in Banking Loan Products and proven skills in Web Automation Testing. The ideal candidate will have hands-on expertise in testing loan origination, loan servicing, collateral management, repayment processes, and end-to-end credit workflows within banking systems.

Key Responsibilities

Perform functional, regression, and system testing for banking loan modules including Loan Origination, Loan Servicing, Collateral & Security, Repayment, Interest Calculations, and Closure. Understand detailed loan workflows, credit policies, and operational processes used in retail or corporate lending. Analyze business requirements, create test scenarios, test cases, and test data aligned with loan and credit products. Execute tests using web-based banking applications and validate system behaviour against expected results. Perform web automation testing using tools such as Selenium, Playwright, Cypress, or similar automation frameworks. Create, maintain, and optimize automation test scripts to improve regression test coverage. Verify API responses, loan calculations, amortization schedules, and rule engine outputs. Coordinate with product owners, business analysts, and developers to resolve defects and ensure high-quality delivery. Participate in UAT support, functional walkthroughs, and production verification. Track all defects using tools like JIRA, Azure DevOps, QC/ALM, or similar. Document detailed test reports, traceability matrices, and execution logs.

Required Skills & Experience

3–8 years of experience in Functional QA within Banking or Lending Domain.

Strong understanding of

• Loan Origination Systems (LOS)
• Loan Management/Servicing Systems (LMS)
• Collateral & Security Management
• Credit Assessment & Risk Parameters
• Repayment Schedules, EMI/Interest Calculations

Hands-on experience with Web Automation using

• Selenium WebDriver
• Playwright or Cypress (added advantage)
• Java/Python/JavaScript (for automation scripting)
• Solid knowledge of QA methodologies, SDLC, STLC, and defect lifecycle.
• Experience with SQL for backend verification.
• Familiarity with API testing tools like Postman or RestAssured.
• Experience in Agile/Scrum environments.

Nice-to-Have Skills

Experience working with Core Banking Systems (e.g., Temenos, Finacle, Flexcube, T24). Exposure to performance testing tools (JMeter, LoadRunner). Knowledge of automation framework design (POM, BDD, TestNG, Cucumber). Understanding of risk scoring mechanisms and loan decisioning engines.