What are the responsibilities and job description for the Lead Business Analyst position at Silverlink Technologies LLC?
Job Details
Hi
Please go through the below job description and let me know if you are interested
Title: Lead Business Analyst
Location - Cary, NC(Onsite)
Contract
Lead Business Analyst - Retirement Services
Key Responsibilities
- Develop and implement comprehensive test plans for all aspects of retirement platform transformation, including system integration testing, regression testing, UAT, and performance testing
- Create detailed test cases that validate critical retirement calculations including vesting, eligibility, contribution limits, loans, distributions, and tax withholding across all product types
- Lead test script development for complex scenarios such as plan conversions, mergers, participant transfers, and blackout periods
- Design and execute specialized test strategies for annual compliance testing functions (ADP/ACP, 410(b), 416) with multiple test scenarios and edge cases
- Create validation frameworks for annual tax reporting processes including 1099-R, Form 5500, and 5498 generation
- Develop and maintain comprehensive test data sets representing diverse participant populations and plan designs across workplace and retail products
- Establish reconciliation procedures to validate participant balances, transaction history, and tax basis information pre- and post-transformation
- Oversee test execution for complex IRA processes including contribution limit monitoring, excess contribution handling, recharacterizations, and conversion processing
- Create and validate test scenarios for hardship qualification, loan default processing, and QDRO administration
- Develop test strategies for participant and plan sponsor interfaces, ensuring accurate display of plan provisions, investment options, and fee structures
Required Qualifications
- 15 years of business analysis experience in retirement services spanning both workplace and retail retirement products
- Demonstrated expertise in test planning, test case development, and test execution for retirement administration systems
- In-depth knowledge of IRA contribution rules, workplace plan limits (415(c), 402(g)), and qualification requirements
- Experience developing and executing test cases for nondiscrimination testing, including ADP/ACP, coverage testing, and top-heavy testing
- Strong understanding of retirement distribution rules with ability to create comprehensive test scenarios for each distribution type
- Expertise in creating test data sets that represent diverse participant scenarios, plan provisions, and edge cases
- Certified Business Analysis Professional (CBAP) or similar certification
- ASPPA, CEBS, or other retirement industry certifications
- Experience with test automation frameworks for financial systems
- Knowledge of test data management and synthetic data generation for retirement scenarios
- Expertise in reconciliation testing between legacy and transformed systems
- Background in performance testing retirement systems under peak loads (year-end processing, enrollment periods)
- Working knowledge of SQL for data validation and test result analysis
- Experience with defect tracking and test management tools
- Understanding of API testing for retirement system integrations
Best Regards,
Rahul Jagtap
Sr Talent Acquisition Specialist
Silverlink Technologies
Email ID:
Contact: 1
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