Functional Tester - Wealth and Asset Management

Ernst & Young LLP ( EY India ); Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

EY is seeking an experienced Functional Tester with strong expertise in Asset Management and Middle Office modules. The candidate will perform functional testing for the TCSBancs application and contribute to quality assurance.

You will collaborate with business analysts and developers, document results, and ensure adherence to the STLC process. 3-5 years of testing experience in Banking & Wealth Management is preferred.

Qualifications

• 3–5 years of testing experience in Banking & Wealth Management platforms.
• Hands-on experience with TCSBancs application.
• Basic experience in automation tools such as Selenium, UFT, or Protractor.
• Experience with test management tools like JIRA and ALM.
• Understanding of asset management lifecycle and middle-office processes.

Responsibilities

• Deliver testing activities for Asset Management and Middle Office modules.
• Validate trade processing workflows, including matching and confirmation.
• Test portfolio valuations and period closures.
• Verify lifecycle events for equities, derivatives, and alternatives.
• Conduct IBOR and ABOR reconciliations testing.
• Collaborate with analysts and developers to ensure functional accuracy.
• Document results, raise defects, and track resolutions in STLC.
• Use test management tools (JIRA, ALM) and participate in Scrum calls.

Skills

Asset Management

Middle Office

Trade processing

Valuations

Corporate actions

Lifecycle events

Reconciliations

Collateral management

Selenium

JIRA

ALM

Agile

Education

BE / BTech / MCA / M.Sc.

Tools

Selenium

UFT

Protractor

JIRA

ALM

Job description

Testing - WAM Functional-Staff At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Testing - WAM Functional - Staff At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

About Global Delivery Services

Global Delivery Services refers to EY's worldwide network of service delivery centers. The GDS team plays an important role in EY’s strategy by ensuring effective support to EY’s growth agenda. Our journey started in 2002 with approximately 200 people. Today we stand at 80,000+ professionals in ten locations around the world. We operate in Argentina, China, Hungary, India, Philippines, Poland, Sri Lanka, Mexico, Spain and the United Kingdom. Client service is focused on providing Consulting, Assurance, Tax, Strategy & Transactions, and Knowledge support to our clients around the world. The teams enable account teams worldwide to provide seamless, high-quality, value-added support, helping deliver exceptional client service. Enablement Services provides cost-effective, high-skilled, and innovative services to support EY’s global and local enablement teams. Markets, BMC, AWS, Finance and Accounting, Risk Management, Procurement, People Shared Services, IT Service Delivery and IT Global Infrastructure services, are among the services offered by Enablement Services. Our innovation specialists serve the GDS Client Service and Enablement Services teams, along with Service Lines, Core Business Services and Sectors. The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking. The competencies offered include analytics, digital, user experience, mobile technology, infrastructure, Microsoft technologies and open innovation.

The Opportunity

We are seeking an experienced Functional Tester with strong expertise in Asset Management and Middle Office functional modules. The candidate must have hands‑on experience with TCSBancs application and a deep understanding of trade lifecycle, valuations, corporate actions, and reconciliations.

You will be responsible for executing tasks with increasing autonomy, applying sound judgment within defined parameters, and contributing to team outcomes. You are expected to demonstrate initiative, resolve routine issues independently, and support junior colleagues. You will anticipate and identify risks within engagements and share any issues with senior members of the team. In line with EY commitment to quality, you’ll confirm that work is of high quality and is reviewed by the next‑level reviewer.

Key Responsibilities

• Responsible for contributing to the delivery of processes, solutions, and/or projects, by delivering agreed activities, researching, and presenting relevant information to inform recommendations.
• Perform functional testing for Asset Management and Middle Office modules within TCSBancs.
• Validate trade processing workflows, including matching and confirmation.
• Test portfolio valuations, calculations, and ensure accurate period closures.
• Verify lifecycle events for various instruments such as equities, derivatives, and alternative investments.
• Conduct reconciliation testing for IBOR and ABOR.
• Validate collateral management processes, including securities lending.
• Collaborate with business analysts and developers to ensure functional accuracy and compliance.
• Document test results, raise defects, and track resolution.
• Accountable for delivering the work and meeting required targets without any deviations.
• Hands‑on experience on test management tools like JIRA & ALM.
• Basic knowledge of any test automation tools like Selenium, UFT, Protractor, Playwright etc.
• Meets performance objectives and metrics set locally (client service, quality and risk management, sales and business growth, solution development, and teaming etc.).
• Responsible in requirement gathering/analysis, prepare test scenarios & test scripts based on the requirements, execute the planned test cases and report the defects in tracking tool and ensure its closure through STLC process.
• Participate in the status calls, Scrum calls, and client meetings.
• Train the new resources in the project and help them in all possible ways.
• Status reporting to Team Lead / Manager.

Skills and Attributes for Success

• Mandatory: TCSBancs application experience.
• Strong knowledge of Asset Management and Middle Office functional modules.
• Expertise in Trade processing (matching, confirmation).
• Valuations – portfolio calculations, period closures.
• Corporate actions – mandatory and voluntary.
• Lifecycle events – equities, derivatives, alternative investments.
• Reconciliations – IBOR, ABOR.
• Collateral management – securities lending.
• Excellent analytical and problem‑solving skills.
• Strong communication and documentation abilities.

What We Look For

• BE / BTech / MCA / M.Sc.
• 3-5 years of testing experience in Banking & Wealth Management platforms.
• At least have basic experience in any of the automation tools (Selenium, UFT, Protractor).
• Flexible in working any shifts / ODC environments.
• Ability to work in an Agile environment.
• Experience in functional testing methodologies and tools.

Benefits

Embark on a transformative career journey with us and indulge in a suite of premium benefits, encompassing exclusive health and wellness packages, enticing rewards, and cutting‑edge learning opportunities that empower you to continually grow and excel in your professional and personal development.

Company Culture

At EY, we’ll develop you with future‑focused skills and equip you with world‑class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

Recruitment & Inclusion

To help create an equitable and inclusive experience during the recruitment process, please inform us as soon as possible about any disability‑related adjustments or accommodations you may need.

Our Commitment

As a commitment, we persistently endeavour to embody our values, fulfil our purpose, and champion inclusiveness.

Professional Development

From entry‑level employees to senior leaders, we believe in continuous learning. We offer opportunities to build new skills, take on leadership roles, and connect and grow through mentorship.

People and Culture

In our dynamic workplace, diversity, equity, and inclusiveness are ingrained in our culture. We're united by a commitment to create an environment where every individual's differences are valued, practices are equitable, fostering a sense of belonging.

Values

Our shared values include integrity, respect, teaming, inclusiveness, energy, enthusiasm, courage to lead, and building relationships based on doing the right thing.

About EY

EY | Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

Experience Level

Experience Level Senior Level