Test Engineer/ Sr Test Engineer (Wealth/ Mutual fund)

Job Title: Test Engineer – Wealth Management System

Location: Ghatkopar, Mumbai

Key Responsibilities:

·         Perform manual functional testing of wealth
management systems (Wealth Spectrum, Miles Software, Finacle WMS, Valuefy.
Intellect Etc .

·         Understand business and operational workflows
for Equity, Mutual Funds, PMS, AIFs, Bonds (Fixed Income), and Insurance.

·         Report, Client portal and RM Portal verification
of various analytic reports and calculations.

·         Create and execute test cases, report defects,
and track issues using test management tools.

·         Ensure Traceability between Requirement, Test
scenario & Test cases, and Defect.

·         Participate in SIT, UAT, Data Migration (User
Acceptance Testing) and Post Go live support for Production Ticket and Change
request.

·         Apply domain knowledge in areas like portfolio
reconciliation, transactions, NAV validation, and compliance reporting.

·         Contribute to test documentation and process
improvements.

Required Skills & Qualifications:

·         1–5 years of experience in wealth/portfolio
operations, financial services, or IT support.

·         Understanding of wealth management products — Equity,
Mutual Funds, PMS, AIFs, Insurance, Bonds, etc.

·         Strong analytical, problem -solving, and
communication skills.

·         Detail -oriented with an interest in software
testing and quality assurance.

·         Willingness to undergo training in manual
testing.

Preferred Qualifications:

·         Familiarity with PMS or wealth management tools
(Wealth Spectrum, Miles Software, Finacle WMS or similar).

·         Basic understanding of SDLC/STLC and software
testing concepts.

·         Key Result Areas

·         Execute manual test cases for wealth
management platforms such as Wealth Spectrum, Miles Software, Finacle WMS,
Valuefy, and Intellect.

·         Understand and validate workflows for Equity,
Mutual Funds, PMS, AIFs, Bonds, and Insurance.

·         Perform functional testing for Client
Portal and RM Portal, including report validation.

·         Identify, log, and track defects with proper
documentation.

·         Ensure basic traceability between
requirements, test cases, and defects.

·         Support SIT and UAT cycles under
supervision.

·         Validate basic calculations such as NAV,
transactions, and holdings.

·         Assist in data validation during migration
activities.

·         Maintain test documentation and execution
reports.

Success Metrics

·         Test case execution accuracy

·         Defect identification rate

·         Adherence to timelines

·         Understanding of domain basics

? 5–8 Years Experience
(Mid -Level)

·         Key Result Areas

·         Independently design and execute test
scenarios and test cases across modules.

·         Lead SIT, UAT, and data migration testing activities.

·         Perform in -depth validation of:

·         Portfolio reconciliation

·         NAV calculations

·         Transaction lifecycle

·         Compliance reporting

·         Validate complex reports, analytics, and
calculations in Client & RM portals.

·         Ensure end -to -end traceability between
requirements, test scenarios, test cases, and defects.

·         Collaborate with business analysts,
developers, and stakeholders for defect resolution.

·         Provide production support for issues,
change requests, and enhancements.

·         Mentor junior testers and review their test
cases and defect logs.

·         Contribute to test strategy, planning, and
process improvements.

Success Metrics

·         Defect leakage rate

·         Test coverage and quality

·         Timely delivery of testing cycles

·         Stakeholder satisfaction

·         Mentorship effectiveness

Requirements

Benefits

Success Metrics

·         Overall product quality and defect leakage

·         Release success rate

·         Process efficiency improvements

·         Team performance and delivery

·         Stakeholder and client satisfaction