Senior BA/QA Analyst
Senior BA/QA Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016 Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding trustworthy loans and less frustration for consumers today. To learn more about Spring EQ visit.
At Spring EQ it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple fast and ethical manner. Our values are to
- Be kind and treat all people teammates customers and vendors with respect and consideration
- Be adaptable and embrace change
- Be accountable and take responsibility and deliver the effort to fully complete the task
- Be better and strive for continuous improvement in ourselves our team and the company for our customers
- Be part of the solution and solve problems find the answers and collaborate
- Work hard have fun and get things done
The Senior BA/QA Analyst is responsible for bridging the gap between business needs and technology solutions while ensuring the quality and accuracy of mortgage products and processes. This dual-role position involves working closely with business stakeholders to gather requirements document processes and ensure that technology solutions meet business needs. The analyst will also conduct quality assurance testing to verify that mortgage systems workflows and products perform as expected ensuring they meet both business and regulatory standards.
Responsibilities
- Collaborate with business stakeholders to understand and document business requirements process flows and user needs.
- Conduct thorough requirements gathering and analysis sessions to define functional specifications for mortgage-related systems and processes.
- Create business and functional requirements documents (BRD FRD) use cases and process diagrams to communicate needs and expectations.
- Analyze business processes to identify improvements inefficiencies and opportunities for automation within mortgage operations.
- Act as a liaison between business teams (e.g. loan officers underwriters) and technical teams (e.g. developers IT support) to ensure alignment on project goals and objectives.
- Develop and execute detailed test plans test cases and test scripts to verify that mortgage systems and applications meet the defined business requirements.
- Perform functional regression and integration testing and lead user acceptance testing (UAT) on mortgage applications and workflows.
- Identify document and track defects using a defect management system and collaborate with developers to resolve issues.
- Work closely with cross-functional teams to ensure that system enhancements updates or releases do not negatively affect existing systems or workflows.
- Assist in the creation and maintenance of test data and environment setups for mortgage-related applications.
- Ensure compliance with regulatory standards business policies and security requirements during testing.
- Maintain comprehensive documentation related to business requirements test plans test cases and test results.
- Provide regular updates to project teams and stakeholders regarding test progress issues and resolutions.
- Prepare test reports defect summaries and testing metrics for management review.
- Document and track all changes to processes systems and workflows ensuring all updates are clearly communicated to relevant stakeholders.
- Participate in daily standups sprint planning and review meetings with agile development teams to ensure clear communication of project milestones and goals.
- Collaborate with business stakeholders subject matter experts and developers to resolve business requirements and QA issues.
- Provide feedback on user interface (UI) design and workflows to ensure systems are intuitive and user-friendly for end-users.
- Train end-users on new systems features or changes as part of system rollouts and product releases.
- Identify opportunities for process improvements in both the business and QA areas recommending strategies for system enhancements or process automation.
- Stay up-to-date with industry trends mortgage regulations and best practices in business analysis and quality assurance.
- Actively contribute to improving test coverage test efficiency and the overall quality assurance process.
Qualifications
Required Skills/Abilities:
- Strong understanding of mortgage products processes and systems (e.g. loan origination systems servicing systems and compliance tools).
- Experience in writing detailed business requirements and translating them into functional specifications.
- Experience as a BA or SME in one or more mortgage LOS systems (e.g. Encompass Blue Sage Empower etc.)
- Proficiency in QA methodologies testing techniques and defect tracking tools (e.g. JIRA Quality Center TestRail).
- High-level knowledge of mortgage industry regulations and compliance standards (e.g. RESPA TILA QM).
- Ability to work with cross-functional teams in an agile environment.
- Experience with analyzing and organizing data using tools such as SQL queries and Excel spreadsheets.
- Excellent written and verbal communication skills.
- Strong attention to detail and ability to work independently.
Education and Experience:
- Bachelors degree in Business Information Technology Computer Science or a related field.
- 3 years of experience in business analysis and quality assurance preferably within the mortgage or financial services industry.
Physical & Mental Abilities Requirements:
Physical Abilities:
- Ability to work at a desk and use a computer for extended periods of time.
- Ability to participate in meetings and video calls for extended durations.
- Occasional travel may be required for training sessions or project meetings.
Mental Abilities:
- Analytical Thinking: Ability to analyze complex business processes and identify inefficiencies or issues within systems and workflows.
- Attention to Detail: Precision in documenting business requirements performing QA testing and identifying defects in mortgage systems.
- Problem-Solving: Capability to troubleshoot and resolve issues that arise during testing or requirements gathering phases providing solutions that balance business needs with technical feasibility.
- Adaptability: Ability to adapt to changing business needs technology updates and shifting project priorities ensuring quality is maintained throughout.
- Collaboration: Strong interpersonal and communication skills necessary to work with a variety of stakeholders including business units developers and QA teams.
- Time Management: Ability to effectively prioritize tasks manage multiple projects concurrently and meet deadlines.
- Regulatory Understanding: Mental ability to understand and apply mortgage regulations to ensure compliance during both the analysis and testing phases.
- Proactive Approach: Takes initiative and has ability to work autonomously with minimal direction.
Accommodations are available to enable individuals with disabilities to perform essential job functions as required by law.
Benefits
- 401k Company Match
- Commuter Benefits
- Company Holidays
- Dental Insurance
- Dependent Care Plan
- Disability Insurance
- Employee Assistance Program
- Life Insurance
- Medical Insurance
- Paid Time Off Plan
- Vision Insurance
- Credit Union Membership
Spring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process please contact
Required Experience:
Senior IC
Employment Type
Full-Time
