Loan IQ Specialist – Finastra Loan IQ, Commercial Lending & Loan Servicing

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.