NewBridge Fintech
Website:
loan-book.com
Job details:
Key Responsibilities
Test Case Preparation
- Build detailed test cases from user stories, BRDs, PRDs, Figma screens, and functional specifications.
- Ensure test cases cover positive, negative, edge-case, and regression scenarios.
- Prepare end-to-end test scripts for agency workflows.
- Define clear expected results for each test scenario.
- Maintain and update test case repositories using JIRA, Excel, TestRail, Zephyr, or similar tools.
2. Functional Testing
- Perform testing across Digital Agency Platform workflows, including:
- Deal setup and facility configuration
- Borrower, lender, agent, and participant setup
- Drawdown booking and utilisation tracking
- Rollover, repayment, prepayment, and cancellation workflows
- Interest rate setup and rate reset events
- Fee setup, accrual, billing, and payment processes
- Agency fees, commitment fees, utilisation fees, and other fee types
- Notice generation, approval, and distribution
- Covenant and obligation tracking
- Secondary transfer and position movement workflows
- Accounting entries, cash movements, and reconciliation validation
3. Calculation Validation
- Validate business and financial calculations including:
- Interest accrual calculations
- RFR calculations (daily simple, compounded, and term RFR)
- Fixed and floating interest rate structures
- Margin floors and base rate floors
- PIK and capitalisation of interest
- Default interest and penalty calculations
- Commitment and utilisation fee calculations
- Day-count conventions (ACT/360, ACT/365, 30/360)
- Multi-currency and FX-related scenarios
- Break costs, prepayments, and repayment schedules
- Compare system-generated outputs against manual calculations or approved calculation templates
4. Defect Management
- Log defects with clear reproduction steps, screenshots, expected vs actual results
- Classify defects by severity and priority
- Collaborate with developers, Business Analysts, and Product teams to resolve issues
- Retest fixes and verify issue resolution
- Track defects through closure before release or client handover
5. Regression & Release Testing
- Execute regression testing before releases
- Maintain regression test suites for critical workflows
- Validate that new changes do not impact existing functionalities
- Support smoke testing, sanity testing, and release readiness checks
- Provide QA sign-off and risk-based release recommendations
6. UAT & Client Demo Support
- Prepare UAT test packs for client validation
- Validate workflows before client demonstrations
- Identify functional gaps and usability issues before external release
- Prepare QA summary reports covering test coverage, defects, risks, and open issues
- Ensure client feedback is translated into testable requirements alongside Product and BA teams
Required Skills & Experience
- 5+ years of QA experience, preferably in financial services, lending, banking, fintech, or enterprise SaaS
- Strong expertise in functional testing, regression testing, defect lifecycle management, and UAT support
- Ability to create detailed test cases from business requirements and user stories
- Experience testing workflow-intensive platforms
- Strong analytical skills with focus on calculation validation
- Experience with JIRA or similar issue tracking tools
- Ability to collaborate effectively with Product, Engineering, BA, and QA teams
- Strong written communication for defect reporting and QA documentation
Domain Knowledge
Experience or familiarity with
- Syndicated loans
- Loan agency operations
- Loan IQ, ACBS, or similar loan servicing platforms
- Drawdowns, repayments, rollovers, and interest cycles
- RFR / SOFR / SONIA / EURIBOR calculations
- Fee accruals and billing processes
- Notices and loan lifecycle events
- Banking operations, middle office, or loan administration workflows
Preferred Tools Experience
- JIRA
- Confluence
- Excel
- Figma
- TestRail / Zephyr / Xray or similar QA tools
- Postman (basic API testing)
- SQL (basic data validation)
- Browser Developer Tools for frontend issue investigation
- Quality and completeness of test cases
- Ability to identify defects before client demos or UAT
- Accuracy in calculation validation
- Timely defect retesting and closure
- Clear QA reporting and risk escalation
- Contribution towards stable releases and platform quality improvement
- Strong collaboration with Product, Engineering, BA, and Design teams .
Click on Apply to know more.
