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Loan IQ SpecialistPeoplePilot • Montreal (administrative region), QC, Canada
Loan IQ Specialist

Loan IQ Specialist

PeoplePilot • Montreal (administrative region), QC, Canada
28 days ago
Job type
  • Full-time
Job description

The Loan IQ Specialist will be responsible for managing and supporting the Finastra Loan IQ (LIQ) platform, which is widely used in commercial lending, syndicated loans, and corporate banking operations. The role requires close collaboration with front office, middle office, and back office banking teams to ensure accurate loan processing, servicing, and reporting.

Key Responsibilities

Loan Processing & Servicing

  • Manage the end-to-end loan lifecycle in Loan IQ, including deal setup, drawdowns, rollovers, payments, and 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 or exceptions in loan transactions.
  • Perform daily, weekly, and monthly reconciliations.
  • Maintain data integrity in 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 vendors, including Finastra, for issue resolution.

Stakeholder Collaboration

  • Work with Relationship Managers, Credit Teams, Treasury, and Compliance.
  • Support client servicing and reporting requirements.
  • Coordinate with global teams across regions, including US, EMEA, and APAC.

Regulatory & Reporting

  • Ensure adherence to banking regulations and compliance standards.
  • Generate reports for risk, audit, and regulatory filings.
  • Support SOX controls, internal audits, and external audits.

Required Skills

Core Loan IQ Skills

  • Strong experience with the Finastra Loan IQ system.
  • Knowledge of deal setup and facility structures.
  • Knowledge of drawdowns, rollovers, and repayments.
  • Knowledge of interest, fees, and accruals.
  • Knowledge of agency and servicing functions.

Banking & Domain Knowledge

  • Solid understanding of corporate lending and syndicated lending.
  • Solid understanding of capital markets operations.
  • Solid understanding of loan lifecycle management.
  • Familiarity with LIBOR/SOFR transitions.
  • Familiarity with credit agreements and covenants.

Technical Skills

  • SQL or data querying experience is preferred.
  • Advanced Excel skills, including pivot tables and reconciliation.
  • Experience with banking systems integration or APIs is optional.

Soft Skills

  • Strong analytical and problem-solving skills.
  • High attention to detail and accuracy.
  • Good communication skills with business stakeholders.
  • Ability to work in high-pressure banking environments.

Qualifications

  • Bachelor’s degree in Finance, Commerce, Business, Technology, or a related field.
  • 3 to 10+ years of experience in banking operations, loan servicing, capital markets, or corporate lending.

Preferred Experience

  • Experience working with top banks such as JPMorgan, Citi, HSBC, BNY Mellon, or similar financial institutions.
  • Exposure to global markets, including US loans and LSTA standards.
  • Knowledge of Agile or project delivery environments.
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Loan IQ Specialist • Montreal (administrative region), QC, Canada

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