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Virtusa
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LoanIQ Operation

LoanIQ Operation

Virtusa

0 years

0 Lacs

andhra pradesh

Posted:4 hours ago| Platform: GlassDoor logo

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Skills Required

support processing transactions resolve finance risk compliance reconciliations data regression testing configuration documentation efficiency lending communication payments sql teamwork development collaboration

Work Mode

On-site

Job Type

Part Time

Job Description

IMS-Production Support
Senior Loan IQ Operations Analyst P1 C3 STS Perform daily operational activities within Loan IQ, including loan booking, servicing, rate resets, rollovers, repayments, and fee processing. Monitor and reconcile loan transactions and positions between Loan IQ and internal/external systems. Investigate and resolve exceptions or discrepancies in a timely and accurate manner. Support loan lifecycle events such as drawdowns, repayments, amortizations, restructures, and renewals. Ensure accurate application of interest rates, schedules, and accruals within the system. Work with internal teams front office, finance, risk, compliance to resolve operational queries related to loans. Execute daily, weekly, and month end reconciliations, ensuring completeness and accuracy of data. Assist in UAT, regression testing, and validation of system upgrades or configuration changes in Loan IQ. Maintain accurate documentation of processes, procedures, and control checklists. Participate in process improvement initiatives to enhance operational efficiency and control. Perform daily operational activities within Loan IQ, including loan booking, servicing, rate resets, rollovers, repayments, and fee processing Monitor and reconcile loan transactions and positions between Loan IQ and internal external systems. Investigate and resolve exceptions or discrepancies in a timely and accurate manner. Primary skills Commercial Lending Loan IQ Loans Communication UAT Secondary skills Payments SQL

About Virtusa

Teamwork, quality of life, professional and personal development: values that Virtusa is proud to embody. When you join us, you join a team of 27,000 people globally that cares about your growth — one that seeks to provide you with exciting projects, opportunities and work with state of the art technologies throughout your career with us.

Great minds, great potential: it all comes together at Virtusa. We value collaboration and the team environment of our company, and seek to provide great minds with a dynamic place to nurture new ideas and foster excellence.

Virtusa was founded on principles of equal opportunity for all, and so does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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LoanIQ Operation