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 role. This is NOT a full time role.
This is Mumbai based job (Andheri). Please apply ONLY IF you are willing to work from office in Mumbai
What is your notice period? (in days)
In which city are you currently living? Please answer this truthfully else your application will not be considered.
What is your current/ last PER MONTH salary?
What is your EXPECTED PER MONTH salary?

Experience:
loan management testing: 5 years (Required)

Work Location: In person

📌 Loan Management System Tester Mumbai Contract Role For 11 Months
🏢 Versent Systems
📍 Mumbai