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

📌 QA Analyst- Loan IQ (Pune)
🏢 Victrix Systems & Labs
📍 Pune