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