Quality Analyst

Job Description:

QA Tester - BFSI, Software Test Engineer - BFSI, Functional Tester - Quality Assurance Analyst -
Financial Services.

A "Tester in BFSI" (Banking, Financial Services) is a quality assurance professional responsible for
rigorously testing software applications within the BFSI domain, ensuring functionalities are
accurate, secure, compliant with regulations, and deliver a seamless user experience, by designing
test cases, executing tests, identifying defects, and collaborating with development teams to resolve
issues across various banking, financial, and insurance systems. 
Key Responsibilities:
 Requirement Analysis:
Thoroughly understand business requirements and functional specifications for banking,
financial, and insurance applications to translate them into effective test cases. 
 Test Case Design:
Develop comprehensive test scenarios and test cases covering various functionalities like
account opening, transactions, loan applications, policy management, and customer service
interactions, including positive, negative, and boundary value testing. 
 Test Execution:
Execute manual and automated tests on web, mobile, and desktop platforms, logging
defects accurately, and prioritizing issues based on severity and impact. 
 Defect Management:
Track and manage identified defects through the defect management system, providing
clear descriptions, steps to reproduce, and expected behaviour to facilitate timely resolution
with development teams. 
 Regression Testing:
Perform regression testing to ensure new code changes do not introduce regressions in
existing functionalities. 
 Performance Testing:
Participate in performance testing activities to evaluate application response time,
scalability, and stability under high load conditions. 
 Security Testing:
Execute security testing to identify potential vulnerabilities in applications, including
penetration testing, authentication checks, and data encryption validation. 
 Compliance Testing:
Ensure application compliance with relevant BFSI regulations like KYC, AML, data privacy
laws, SEBI and industry standards. 
 User Acceptance Testing (UAT):
Collaborate with business users to conduct UAT to validate the system meets their
requirements and expectations. 
 Reporting and Documentation:
Prepare detailed test reports, summarizing test results, defect analysis, and testing progress
to stakeholders. 

Required Skills:
Must Have
 understanding of software testing methodologies (black-box, white-box, regression testing)
 Knowledge of BFSI domain concepts (banking products, Capital Market, financial
instruments, insurance and Mutual fund)
 Experience with test management tools (Jira)
 Experience with Postman or other API gateways
 Experience in Mobile application testing (Android and IOS) and Web Application Testing
 Clear Understanding of software development / testing lifecycle
 Good communication skills
 Experience in working in fast faced agile projects
Good to have
 Automation testing frameworks (Selenium, Appium) for increased efficiency
 Excellent communication and collaboration skills to work with cross-functional teams