Job Description:
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.
