QA Analyst- Loan IQ (Pune)

Key Responsibilities 1. 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 easy, 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 iss .