Commercial Banking - Loan Operations -Loan IQ (US Shift) (Bengaluru)

Commercial Banking - Loan Operations -Loan IQ (US Shift) (Bengaluru)

06 Aug
|
Acuity Analytics
|
Bengaluru

06 Aug

Acuity Analytics

Bengaluru

Title: Loan Operations (Loan IQ) (Associate/ Sr Associate/ Delivery Lead/ Manager)

Acuity is currently looking for for experienced professionals (3-10 years) in Commercial Banking, Loan Operation and Loan IQ to join our growing team in Bangalore!

- Location: Bangalore
- Work hours: 6;30 PM to 3:30 AM IST
- Department: Lending Services
- Experience Level: 3-10 years

Role & responsibilities

- Perform servicing activities in LIQ Rollovers, Advances, Paydowns, Past Dues, fees, deal setup, reconciliation and others
- Current Loan Onboarding, renewals and rebooking when needed
- Setup and update the repayment schedules in LIQ
- Review Credit agreement and other loan related documents
- Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc
- Assist Agency teams with any primary and secondary closings




- Maintain spreadsheets with Loan Trade information from initiation to Settlement
- Book the trade and process fees in Loan IQ
- Process invoices for Broker and Clearpar
- Reconcile cash payments: open cash items vs expected payments
- Review and correct as necessary Settlement Standard Instructions
- Track Past Due payments, clean up unpaid and prepare reports per requirement

Preferred candidate profile

• Min 3-10 years’ experience in Lending Services

• Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents

• Excellent knowledge of Loan IQ is must

• Commerce Graduate / MBA (Finance)

• Good understanding of Project Management principles

• Excellent written and spoken communication skills

📌 Commercial Banking - Loan Operations -Loan IQ (US Shift) (Bengaluru)
🏢 Acuity Analytics
📍 Bengaluru

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