Asset Senior Tester

About the Company 

RBL Bank is one of India’s fastest-growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets, and Treasury and Financial Markets Operations. It currently services over 11.53 million customers through a network of 502 branches; 1,418 business correspondent branches (of which 289 banking outlets) and 414 ATMs spread across 28 Indian states and Union Territories.

Job Role: Asset Senior Tester

Job Summary:

We are looking for an Asset Testing Expert with a strong understanding of the Retail and Corporate Loan life cycle in Finacle. The ideal candidate should have hands-on experience in testing loan conditions, DPD (Days Past Due) calculations, NPA (Non-Performing Assets) classification, charge-offs, loan recovery, pay-offs, and rescheduling. The role requires expertise in various batch jobs in Finacle related to the loans module and an in-depth knowledge of loan scheme parameters.

Key Responsibilities:

1. Loan Life Cycle Testing in Finacle

•  Perform end-to-end testing of Retail & Corporate Loans in Finacle.
•  Validate various loan conditions, including interest calculations, principal repayments, and overdue scenarios.
•  Ensure accuracy of DPD (Days Past Due) calculations and its impact on loan classification.
•  Test loan origination, disbursement, repayments, prepayment, restructuring, and closure.

2. Non-Performing Assets (NPA) & DPD Management

•  Understand DPD calculation methodology and ensure accurate computation in Finacle.
•  Validate the parameters in Finacle that determine when a loan account becomes NPA.
•  Test different scenarios where accounts move from Standard → Substandard → Doubtful
•  Loss categories.

3. Loan Scheme & Account Parameters

•  Ensure proper configuration and testing of loan schemes, interest rates, penalties, and repayment schedules.
•  Validate the charge-off process and ensure correct financial reporting.
•  Test the loan recovery system, ensuring recoveries are correctly recorded and processed.
•  Verify loan rescheduling scenarios, including tenure extensions and EMI adjustments.

4. Loan Pay-Off & Write-Off Validation

•  Test loan pay-off calculations, ensuring correct interest and principal adjustments.
•  Validate the write-off and charge-off scenarios, ensuring compliance with regulatory guidelines.

5. Batch Jobs & Finacle Processes

•  Execute and validate different batch jobs in Finacle for the Loans module, ensuring timely  processing of:
•  NPA classification & provisioning
•  DPD calculation batch jobs
•  Loan interest accruals & reversals
•  Loan charge-off & write-off batch jobs
•  Loan recovery posting jobs

Required Skills & Experience:

Banking & Domain Knowledge:

• Strong understanding of Retail & Corporate Loan life cycle in Finacle.
•  Expertise in DPD calculations, NPA classification, and charge-offs.
•  Knowledge of loan recovery systems, rescheduling, and pay-offs.
•  Familiarity with different loan scheme parameters in Finacle.

Technical Skills:

•  Experience in testing Finacle Loans Module & related batch processes.
•  Ability to analyze loan-related reports and statements.
•  Understanding of Finacle database structure and query execution for data validation.

Soft Skills:

•  Strong analytical and problem-solving skills.
•  Ability to work with cross-functional teams including business, IT, and operations.
•  Excellent communication and documentation skills.

Preferred Qualifications:

•  ISTQB Certification or relevant testing certification is a plus.
•  Experience in banking regulatory compliance and reporting is an advantage.