Loan IQ Specialist – Finastra Loan IQ, Commercial Lending & Loan Servicing
Astra North Infoteck Inc.
Montreal
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Détails du poste
- Lieu de travail : Montreal
- Type de poste : Permanent à temps plein
Description du poste
Loan IQ Specialist – Finastra Loan IQ, Commercial Lending & Loan Servicing
Role Summary
- Manage and support the Finastra Loan IQ (LIQ) platform used for commercial lending, syndicated loans, and corporate banking operations.
- Work closely with front office, middle office, and back office banking teams to ensure accurate loan processing, servicing, and reporting.
Key Responsibilities
Loan Processing & Servicing
- Manage end-to-end loan lifecycle activities in Loan IQ, including:
- Deal setup
- Drawdowns
- Rollovers
- Payments
- Closures
- Handle syndicated loans, bilateral loans, revolving credit facilities, and term loans.
- Perform interest calculations, fee processing, and accruals.
- Monitor loan amendments, restructures, and paydowns.
Operations & Reconciliation
- Ensure accurate trade capture, settlements, and reconciliations.
- Investigate and resolve breaks and exceptions in loan transactions.
- Perform daily, weekly, and monthly reconciliations.
- Maintain data integrity within the Loan IQ system.
System Support & Configuration
- Provide Loan IQ application support for users across banking operations.
- Configure loan products, pricing, events, and workflows.
- Participate in system upgrades, testing (UAT), and releases.
- Liaise with IT teams and Finastra vendors for issue resolution.
Stakeholder Collaboration
- Collaborate with:
- Relationship Managers
- Credit Teams
- Treasury
- Compliance Teams
- Support client servicing and reporting requirements.
- Coordinate with global teams across US, EMEA, and APAC regions.
Regulatory & Reporting
- Ensure adherence to banking regulations and compliance standards.
- Generate reports for risk, audit, and regulatory requirements.
- Support SOX controls, internal audits, and external audits.
Required Skills
Loan IQ Skills
- Strong experience with Finastra Loan IQ platform.
- Knowledge of:
- Deal setup and facility structures
- Drawdowns, rollovers, and repayments
- Interest, fees, and accruals
- Agency and servicing functions
Banking & Domain Knowledge
- Strong understanding of:
- Corporate lending
- Syndicated lending
- Capital markets operations
- Loan lifecycle management
- Familiarity with:
- LIBOR/SOFR transitions
- Credit agreements
- Loan covenants
Technical Skills
- SQL and data querying experience preferred.
- Advanced Excel skills, including:
- Pivot tables
- Reconciliation activities
- Experience with banking system integrations and APIs is preferred.
Soft Skills
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Strong communication skills with business stakeholders.
- Ability to work in high-pressure banking environments.
Qualifications
- Bachelor’s degree in Finance, Commerce, Business, or Technology.
- 3–10+ years of experience in:
- Banking operations
- Loan servicing
- Capital markets
- Corporate lending
Preferred Experience
- Experience working with top-tier banking institutions.
- Exposure to global markets, including US loans and LSTA standards.
- Knowledge of Agile and project delivery environments.
Exigences
Sailpoint