30 Jul
|
Astra North Infoteck
|
Montreal
30 Jul
Astra North Infoteck
Montreal
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 Robust 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 Bachelors degree in Finance, Commerce, Business, or Technology.
310+ 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.
5+
Sailpoint
Required Skill Profession
Other General
📌 Loan IQ Specialist – Finastra Loan IQ, Commercial Lending & Loan Servicing (Montreal)
🏢 Astra North Infoteck
📍 Montreal