Loan Management System Testing (Manual Testers and Senior Manual Testers)

(Contract role for 11 months)

Experience - 4 to 6 years of work exp in Loan Management system Testing, Manual testing of LMS processes, end to end functionalities, Calculations and Accounting.

Skills – Manual Testing, Ability to analyse functional requirements, technical configurations and scenarios understanding like Load, Concurrency, Multi user etc,

Interact with BA team on scenario/Requirement designing and generate test campaigns, scenarios, validation and test data, Do test planning and retro for sprints.

Knowledge Areas – Well versed in Loan management life cycle transactions:

Disbursal process – Instrument processing, Bank validations, Digital integrations, Multiple payment methods – RTGS/NEFT/Cheques

Repayment schedule – Generate and validate repayment schedules for Single/Multiple disbursal with various parameter and input configurations for rate/Tenure/Frequency

Account Creation – Well versed with Fees and charges, account validations, Completion checklists, Customer communications





Lifecycle – Customer service request management for loan changes like dueday, tenure, part payment, topup, Foreclosure, Address Change, NOC, Bank detail changes etc

Account Classification – Understanding of penal charging, delinquency identification, NPA management as per regulatory guidelines

Accounting – IFRS based loan accounting practices, income booking, asset reporting

Reports and Data handoffs – Operations, Accounts, Business and regulatory reporting/Data submission or extracts

Bulk Processes – Understanding for uploads/schedulers that process data in bulk. EOD/EOM processes as per system configuration. Banking and presentation of instruments.

Masters – Setup of loan transaction policies, accounting policies, regulatory rules, user management

Pay: Up to ₹50,000.00 per month

Application Question(s):
- This a 11 month contract role. Please apply ONLY IF you are okay with a CONTRACT ro

📌 Loan Management System Tester || Mumbai || Contract role for 11 months
🏢 Versent Systems
📍 Mumbai