Quality Specialist II B - GBS IND - R

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview

 The Collateral process within Global Markets is a critical component of the post-trade lifecycle, covering margining, collateral pledging and settlement, inventory and eligibility management, optimization, funding, substitutions, and dispute resolution. Collateral Technology enables these processes through integrated platforms that support the management and movement of collateral across counterparties, custodians, and market infrastructures. The function plays an important role in managing counterparty and liquidity risk, meeting regulatory obligations, optimizing collateral utilization, and ensuring efficient post-trade processing.

Job Description

This job is responsible for testing and delivering complex changes in Margining  application to accomplish business outcomes. The job establishes testing scope and coordinates test execution. Key responsibilities of the job include overseeing testing practices ensuring that software is tested to meet functional, non-functional and compliance requirements, conditioning and generating test data, building and executing both manual and automated test suites, recording and communicating the test results, triage defects, and ensuring regression test suites are maintained and well designed

Responsibilities*

• Develops detailed, comprehensive and well-structured test cases based on functional, non-functional, and compliance requirements

• Leads test planning, usually at a team level. When part of a Scrum team, ensure stories are well refined and contain clear acceptance criteria

• Leads test case reviews and work with subject matter experts and stakeholders to ensure test coverage

• Identifies automation opportunities and develop test automation for applicable test types

• Executes test cases, including manual and automated tests, and record test results

• Designs test data and ensure data compliance requirements are met on all levels of test environments

• Uses testing tools and follow processes to complete testing on a given test environment, and perform necessary steps required to promote code base to higher level environments

 Requirements

 Education- GraduateCertifications If Any- NA

Experience Range- 5 - 8 years

Foundational skills*

• Knowledge of all Functional testing, AI and Banking domain.

• Excellent communication skills and ability to Articulate Issues and Status to management.

• Strong on databases such as MS SQL, Oracle, DB2.

• Strong analytical ability and problem-solving skills.

• Understanding of full life cycle of Agile, SDLC and Testing process.

• Expertise in Agile process.

• strong experience in software testing and quality assurance, with demonstrated ability to test complex, business-critical applications.
• Good understanding of the software development and testing lifecycle, including requirements analysis, test planning, test execution, defect management, regression testing, and release validation.
• Experience developing comprehensive test scenarios and test cases covering functional, integration, regression, end-to-end, non-functional, and compliance requirements.
• Hands-on experience with test automation, including identifying suitable automation opportunities, developing automated tests, and maintaining reusable regression test suites.
• Strong experience in test data preparation and management, with an understanding of data privacy and compliance requirements across test environments.
• Ability to triage and analyze defects, work closely with developers and business analysts to identify root causes, and drive issues through resolution.
• Experience working within Agile/Scrum delivery teams, including story refinement, acceptance criteria review, estimation, sprint planning, and continuous testing.
• Strong analytical and problem-solving skills, with the ability to understand complex business workflows, data flows, interfaces, and downstream dependencies.
• Ability to coordinate testing across multiple applications, teams, environments, and stakeholders, particularly for integrated and end-to-end deliveries.
• Strong communication and stakeholder-management skills, with the ability to clearly communicate test status, risks, defects, dependencies, and release readiness.
• Experience with Global Markets, collateral management, margining, pledging, funding, settlements, or other post-trade processes would be highly desirable.

 Desired skills

• Collateral  Domain preferable.

• Automation scripting knowledge

Work Timings

11.30 AM to 8.30 PM IST (Need to flexible as per business need)

Job Location- Chennai