Test Analyst - Associate 2

State Street; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Volunteer days

Flexible work schedule

Employee networks

Job summary

State Street in Bengaluru, India seeks a Test Analyst to support QA and UAT for Transfer Agency applications. The role plans, prepares, executes and evidences testing to ensure releases meet requirements, quality standards and timelines.

Based in India, you will work with business, product, change, technology and vendors, ensuring clear communication, disciplined documentation and understanding of risk in changes to Transfer Agency platforms.

Qualifications

• 2+ years of relevant software testing or UAT experience.
• Hands-on experience creating test plans, scenarios, cases and execution evidence.
• Experience with defect identification, documentation, classification, prioritization, retesting and closure.
• Ability to produce high-quality, auditable deliverables and maintain traceability.
• Review requirements and project outputs for completeness and testability.
• Ability to manage multiple complex projects with minimal guidance.
• Strong English written and verbal communication.

Responsibilities

• Develop fit-for-purpose test strategies, plans and reusable scripts.
• Maintain end-to-end traceability from requirements to test evidence.
• Execute functional, system, integration, regression and UAT activities.
• Validate application changes across Transfer Agency workflows and interfaces.
• Identify, document, classify, prioritize and track defects; support retesting.
• Produce complete, auditable test records and sign-off materials.
• Assess regression risk and design coverage to protect production services.
• Provide clear test status, risks, issues, and quality metrics to stakeholders.
• Review project deliverables for completeness and quality.
• Coordinate with stakeholders and participate in delivery meetings.
• Adapt to changing priorities and manage testing across initiatives.
• Contribute to continuous improvement of testing methods and assets.

Skills

Analytical thinking

Attention to detail

Ownership & accountability

Working under pressure

Stakeholder communication

Cross-functional collaboration

Adaptability

Continuous improvement

Education

Bachelor's degree or equivalent (CS/IT/Engineering/Finance)

Job description

Role Purpose

The Test Analyst supports quality assurance and User Acceptance Testing (UAT) for Transfer Agency applications. The role is accountable for planning, preparing, executing and evidencing testing for application changes, helping ensure that releases meet agreed requirements, quality standards and delivery timelines.

Working from India, the role partners with Transfer Agency business, product, change, technology, project and vendor teams. The position requires clear communication across locations and time zones, disciplined documentation, and an understanding of the operational risk associated with changes to established Transfer Agency platforms.

Key Responsibilities

• Develop fit-for-purpose test strategies, test plans, test scenarios, test cases and reusable test scripts for assigned initiatives.
• Maintain end-to-end traceability from business and functional requirements to test coverage, execution evidence, defects and final outcomes.
• Execute functional, system, integration, regression and UAT activities in line with agreed internal standards and project plans.
• Validate application changes across relevant Transfer Agency workflows and interfaces, with appropriate consideration of upstream and downstream impacts.
• Identify, document, classify, prioritize and track defects; support triage and retesting through closure.
• Produce complete, accurate and auditable test records, including test results, supporting evidence, defect logs and sign-off materials.
• Assess regression risk and design proportionate regression coverage to protect established production services while meeting delivery deadlines.
• Provide clear and timely test status, risks, issues, dependencies and quality metrics to test leads, project managers, product owners, business stakeholders and external vendors.
• Review project deliverables for completeness, quality, testability and alignment with established standards.
• Coordinate effectively with stakeholders and participate in meetings aligned to business delivery needs.
• Adapt to changing priorities and manage testing commitments across multiple concurrent initiatives.
• Contribute to continuous improvement of testing methods, reusable test assets, reporting and quality controls.

Key Stakeholder Interfaces

• Transfer Agency business and operations teams across organization
• Product Development and Investor Services teams
• Test leads, business analysts, project and change managers
• Application development, technology support and release teams
• Risk, control and quality assurance stakeholders
• External application vendors and service providers, where applicable

Required Qualifications and Experience

• At least 2 year of relevant software testing, business testing or UAT experience in a comparable role.
• Hands-on experience creating test plans, test scenarios, test cases, test scripts and test execution evidence.
• Experience with defect identification, documentation, classification, prioritization, retesting and closure.
• Demonstrated ability to produce high-quality, auditable deliverables and maintain requirements-to-test traceability.
• Ability to review requirements and project outputs for completeness, quality, consistency and testability.
• Ability to work across multiple complex projects with minimal guidance and manage competing priorities.
• Strong written and verbal communication skills in English.
• Bachelor’s degree or equivalent higher education; Computer Science, Information Technology, Engineering, Finance or a related discipline is preferred.

Preferred Experience

• Experience testing applications in financial services, asset servicing, banking, investment management or capital markets.
• Knowledge of Transfer Agency processes, including investor servicing, transaction processing, cash activity, settlement, reporting or operational support.
• Experience working with geographically distributed teams and stakeholders.
• Exposure to test management, defect management, requirements management or collaboration tools.
• Understanding of controlled release processes, production risk, audit evidence and regulated operating environments.

Core Skills and Behaviours

• Analytical thinking and structured problem solving
• High attention to detail and commitment to quality
• Ownership, accountability and dependable follow-through
• Ability to work under pressure and meet tight deadlines
• Clear stakeholder communication and concise status reporting
• Collaboration across business, product, change and technology teams
• Adaptability in response to changing priorities
• Self-motivation, initiative and a continuous improvement mindset

Role Success Measures

• Timely completion of planned testing and transparent escalation of delivery risks.
• Complete requirements coverage and clear traceability across test artefacts.
• Accurate defect reporting and effective support for triage and resolution.
• High-quality, auditable documentation and evidence.
• Effective communication with local and global stakeholders.
• Contribution to stable releases and reduced risk of defects reaching production.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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