Job
Description
Requirement is for someone with experience in LoanIQ and ACBS - should have experience in Loan IQ Migration testing Job title Lead Analyst – Loan Operations Location Mumbai/Pune/Chennai, India Experience 8+ years of experience commercial lending, Syndicated and bilateral loan processing Job duties Thorough understanding of Loan product Lifecyle with exposure across various Loan management systems, documentation, closing, funding, and post closure servicing of transactions Knowledge of key activities across the Loan Syndication, various loan products, Syndicated and Bilateral deals Sound understanding of loan products; policies and processes; documentation requirements; risk systems, including loan origination systems; limits and exposure management; legal documentation Acquaintance on handling multiple migrations from other systems to Loan IQ; train and guide new user groups in different Loan IQ functionalities, modules, etc. Loan IQ pre-implementation unitary testing – functionalities, data etc., configuration testing, UAT testing Generate and share comprehensive report on metrics and team performance to the higher management Familiar with Loan IQ navigation as booking of outstanding loans/SBLC, manual adjustment of accruals, Manual cashflow Manage Loan servicing function by ensuring accurate static set up of client in LIQ. Static set up includes KYC checks, credit agreement, Deal set up, Facility & Loan set up in Loan IQ Funding, payments, rollover, nostro reconciliation and calculation of interest and fees per the notice sent by agent bank Qualification CA/ MBA Finance/ B.com/ M.com Skills required Proficient in using various tools such as Loan IQ, ACBS, Flex-cube, XMC and MS Excel Understanding of credit agreement, admin detail form, pricing letters, borrowing notices Strong background with LoanIQ Platform – functional knowledge and validation, with experience is supporting designing of customised loan originations systems Loan IQ migration testing – pre-implementation as well as post implementation Techno-domain knowledge both Migration of active deals to LIQ from other software – configuration testing in LoanIQ Creation of outstandings in Loan IQ, Servicing, FED/SWIFT payments Knowhow around lending products is required, while experience across all corporate, commercial and retail banking in an added bonus Ability to implement tasks and projects with minimal supervision Proficient in MS Office application with advanced knowledge of excel a strong plus Personal attributes/ Interpersonal skills required Independent and decisive mindset; strong analytical and problem-solving skills; a structured working style with passion for deep diving into problems. Team player Ability to work on tight deadlines Strong interpersonal and communication skills; ability to work effectively across teams Ability to independently investigate/ analyse information and present conclusion What we’ll offer you Comprehensive Health Insurance for you and your dependents Complementary Health screenings Sponsorship for Industry relevant certification and education
