Job DescriptionJob Title: Commercial Banking - Loan Operations (Loan IQ (Sr Associate/ Delivery Lead/ Manager) NAcuity is currently looking for for experienced professionals (5-12 years) in Loan Operations (Loan IQ) to join our growing team in Bangalore! Nn Location: Bangalore N Work hours: 6:30 PM to 3:30 PM IST N Department: Lending Services N Experience Level: 5-12 years NnKey Skills/ Responsibilities N
- Perform servicing activities in LIQ – – Rollovers, Advances, Paydowns, Past Dues, fees, deal setup, reconciliation and others N
- New Loan Onboarding, renewals and rebooking when needed N
- Setup and update the repayment schedules in LIQ N
- Review Credit agreementand other loan related documents N
- Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc
- Assist Agency teams with any primary and secondary closings N
- Maintain spreadsheets with Loan Trade information from initiation to Settlement N
- Book the trade and process fees in Loan IQ N
- Process invoices for Broker and Clearpar N
- Reconcile cash payments: open cash items vs expected payments N
- Review and correct as necessary Settlement Standard Instructions N
- Track Past Due payments, clean up unpaid and prepare reports per requirement NKey Competenciesn
- Min 5-12 years' experience in Lending Services N
- Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents N
- Excellent knowledge of Loan IQ is must N
- Commerce Graduate / MBA(Finance) N
- Positive understanding of Project Management principles N
- Excellent written and spoken communication skills