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Nelnet

CVC funding FinTech, EdTech, SaaS

IT Business Analyst - Quality Assurance

Full-TimeUpdated on 10/23/2026
$55k - $120k/yr+ Performance-based incentive pay + Employee stock purchase program
Mid, Senior
Bachelor's
Madison, WI, USA+4 moreMore locations: Centennial, CO, USA | Brownsville, TX, USA | Lincoln, NE, USA | Boise, ID, USA
HybridUnspecified location (remote): Internal associates already working remotely may be considered.
QA & TestingManual & Functional QA
No H1B Sponsorship
US Citizenship Required

About the job

Requirements
  • A bachelor's degree in Computer Science or commensurate experience.
  • Three to five years of experience as a Business Analyst or Systems Analyst, or detailed working knowledge of several system functions.
  • Good working knowledge of word processing and spreadsheet tools, SQL, HTML, Adobe Acrobat, and the internet.
  • Strong verbal and written communication skills to communicate at all organizational levels.
  • Strong consensus-building, multitasking, interpersonal, and analytical skills.
  • Ability to work with technical staff and clients.
  • Ability to obtain a security clearance.
  • Ability to quickly learn new technologies and business functions.
  • Ability to perform effectively in a team-oriented environment.
  • External candidates must reside within a 30-mile radius of one of the listed office locations.
  • Applicants must be United States citizens because the role supports a United States Department of Education contract and foreign-national security-clearance applications are not accepted.
Responsibilities
  • Formulate and define system scope and objectives through research and fact-finding, applying understanding of business systems and industry requirements.
  • Develop or modify moderately complex information systems and bridge client business needs with the team's technical capabilities.
  • Review, analyze, and evaluate business systems and user needs.
  • Perform requirements analysis and ensure solutions meet business needs and requirements.
  • Evaluate business processes, anticipate requirements, identify areas for improvement, and develop and implement solutions.
  • Document requirements, evaluate scenarios, and execute changes needed to respond to requirements.
  • Conduct meetings and presentations to share and review ideas and findings.
  • Create and update system documentation.
  • Drive testing and perform Quality Assurance work, including Software Quality Assurance, QA program implementation, testing, verification, and validation.
  • Identify test scenarios and test scripts, and define acceptance criteria for test cycles.
  • Write test scenarios and scripts and analyze test results.
  • Summarize and communicate testing outcomes.
  • Report, track, and prioritize reported bugs.
  • Act as liaison among clients, operations, and technical staff.
  • Communicate and collaborate with testers, team members, and other technical teams.
  • Develop and maintain test plans and manual and automated test scripts for functional, interface, and user acceptance testing as required.
  • Execute regression, functional, and data tests.
  • Facilitate and lead User Acceptance Testing.
  • Perform functional, system integration, regression, and User Acceptance testing.
  • Assist with testing and support activities related to implementation.
  • Provide feedback on usability.
  • Provide after-hours support for releases.
Desired Qualifications
  • Knowledge of NIST compliance is strongly desired.
  • Experience with Agile is strongly desired.
  • Experience leveraging artificial intelligence is a plus.

About the company

Nelnet Ventures serves as the corporate venture capital and innovation arm of Nelnet, investing in early-stage and high-growth fintech, edtech, and SaaS startups with typical checks between $500,000 and $3 million. It combines funding with strategic support by leveraging Nelnet's operational expertise, industry relationships, and resources to help portfolio companies scale. Unlike independent VC firms, Nelnet Ventures aligns investments with Nelnet's core businesses and strategic interests, offering portfolio companies access to a large corporate network and potential integration opportunities. Its approach is to act as a strategic partner that helps startups achieve product-market fit and scale, while enabling Nelnet to explore new markets and stay ahead in technology related to its sectors. The firm’s goal is to foster innovation, expand Nelnet’s reach into new markets, and generate financial returns through its portfolio.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Lincoln, Nebraska

Founded

1977

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Simplify's Take

What believers are saying

  • First-quarter 2026 education technology and payments revenue rose to $154.4 million.
  • Canadian servicing revenue began February 2, 2026, diversifying fee income beyond U.S. federal contracts.
  • Nelnet Bank received $716.3 million of federally insured loans during 2026, expanding earning assets.

What critics are saying

  • Department of Education borrowers fell again in 2026, shrinking core servicing economics.
  • August 2026 provision for loan losses hit $41.1 million, pressuring earnings.
  • The 2022 data-breach settlement over 2.5 million borrowers damages trust and invites future lawsuits.

What makes Nelnet unique

  • Nelnet Servicing managed $525.7 billion for 15.5 million borrowers on March 31, 2026.
  • NDS Canada added 2.7 million borrowers and proprietary servicing platforms on February 2, 2026.
  • Nelnet combines loan servicing, education technology, payments, and banking under one operating company.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • Life Insurance
  • Disability Insurance
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Wellness Program
  • Tuition Reimbursement

Company News

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Apr 3rd, 2026
Omaha's Grapple raises $1M to make data analytics accessible for nontechnical users

Omaha-based Grapple has raised $1 million in a pre-seed round led by Invest Nebraska and Nelnet, with participation from MOVE Venture Capital and Nebraska Angels. The startup develops an AI-powered platform that makes data analytics accessible to nontechnical users without requiring data engineering expertise. Founded in 2025 by Jack Sellwood, Grapple's software pulls information from various sources including databases, spreadsheets and apps like Salesforce and Quickbooks. The platform enables sales, marketing and finance teams to compile reports independently, saving businesses time and money. Grapple was recently accepted into California's LAUNCH Accelerator and has secured early customers including Nebraska startups Guardify and Workshop. The company will use the funding to expand its team, marketing efforts and go-to-market strategy whilst remaining based in Omaha.

Silicon Prairie News
Sep 6th, 2025
Cup of Coa raises $750K seed round

Cup of Coa, a Kearney-based gourmet cocoa brand, raised a $750k seed round led by Invest Nebraska, with participation from Nebraska Angels, Nelnet, and private investors. The funding will expand the team, operations, and reach, preparing for large-scale growth. CEO Jasmin McGinnis highlighted the company's innovative "add-water-only" cocoa formula and its presence in 34 states and five countries. The investment will also support new product offerings and marketing efforts.

We Are Green Bay
Aug 21st, 2025
CompanyCam Secures Strategic Growth Investment from B Capital

Series C transaction led by B Capital with participation from Decades Holdings, underscoring confidence in CompanyCam's durable growth and vision to transform how contractors work LINCOLN, Neb., Aug. 21, 2025 /PRNewswire/ -- CompanyCam, the leading job site productivity platform with field-ready AI, today announced a new strategic growth investment from B Capital through its Series C transaction. B Capital, now CompanyCam's largest external investor, and Decades Holdings join a distinguished group of top-tier growth investors, including Insight Partners, JMI Equity, Blueprint Equity, Nelnet, Invest Nebraska, and WndrCo.

Nebraska PGA
Jun 24th, 2025
Golf Fore The Troops Surpasses More Than $220,000 Raised in 19 Years

Lincoln, NE - Wilderness Ridge Country Club hosted 33 teams for the 19th Annual Golf Fore The Troops Pro-Am, presented by Nelnet.

Silicon Prairie News
May 16th, 2025
Set Your Sites raises $500K funding

Set Your Sites, a Lincoln-based camping technology startup, secured $500k in pre-seed funding. Led by Invest Nebraska, the round included Nelnet, MOVE Venture Capital, and Nebraska Angels. Co-founder and CEO Stacy Dam plans to use the funds for product development, staff expansion, and increasing their U.S. client base. The company, active in Nebraska and North Dakota, aims to integrate into 1,000 campsites by season's end.