State Street

RKS Senior Functional Tester - Tech Lead

Hyderabad, India Full time

RKS Senior Functional Tester- Senior Associate

Who we are looking for.

We are looking for a RKS Senior Functional Tester (Senior Associate) reporting directly to the SQA/Test Manager.
You will be a business‑focused tester responsible for validating enhancements delivered to RKS (Record Keeping Services) — State Street’s middle‑office accounting and record‑keeping platform — by deeply understanding financial services workflows and the investment manager operating model and translating them into effective test coverage.

Why is this role important to us.

The team you will be joining is part of Record Keeping Services (RKS) – Software Quality Assurance, a function that is vital to the company as RKS underpins daily middle‑office and back‑office accounting operations for global investment managers.

This role is critical because accurate testing of RKS functionality requires strong business analysis skills, understanding how investment managers operate day‑to‑day, and ensuring that system changes correctly support accounting, operational, and regulatory processes before production deployment.

What you will be responsible for

As an RKS Senior Functional tester, you will:

  • Analyze and understand business requirements supporting financial services and investment manager operations, with a focus on middle‑office and back‑office accounting workflows.
  • Translate business and functional requirements into meaningful test scenarios that reflect real‑world operating models used by global investment managers.
  • Create and execute functional test plans and assess edge cases across the UAT environment, ensuring business readiness and accurate accounting outcomes.

What we value

These skills will help you succeed in this role:

  • Strong business analysis skills with the ability to understand and question financial services and investment management workflows.
  • Solid understanding of investment accounting, record keeping, and middle‑office operating models.
  • Strong analytical and problem‑solving skills to assess business impact and identify risk areas.
  • Ability to collaborate effectively with business users, developers, and downstream support teams.
  • Clear written and verbal communication skills to explain issues in both business and technical terms.

Education & Preferred Qualifications

  • Bachelor’s degree in finance, Accounting, Computer Science, Information Systems, or a related field
  • 2–5 years of experience in software testing or business analysis supporting financial services, investment management, or accounting systems
  • Demonstrated experience working with business requirements, functional specifications, and operating models.
  • Proficiency in SQL for data validation and reconciliation (Oracle or similar RDBMS)
  • Experience using Jira and Xray for test management, documentation, and defect tracking.
  • Exposure to Java‑based automation tools is preferred.

Additional requirements

A strong understanding of the daily operating model of global investment managers, including interactions between middle‑office, back‑office, and downstream systems, is highly desirable.


Experience supporting test evidence, traceability, and documentation in line with State Street SDLC standards is a plus.

Work Requirement

  • Hybrid work model as per State Street policy (onsite and remote combination)
  • Shift timings aligned to project needs, including coordination with offshore teams and release cycles.

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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