Lead Analyst - Loan Operations

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