Position: SRA/LA - Syndicated Loans - Withholding Tax
Location: Chennai
Experience: 4 Years
Functional Practices: Taxation
Job Type: Permanent
Contact Name: Yashika Malhotra
Contact Email:
[email protected]
Job Reference: 129661
Published: 3 days ago
SRA/LA - Syndicated Loan & Withholding Tax - Chennai - 4 Years We are looking for a LoanIQ Support Analyst with 5-12 years of experience in banking and financial services, particularly across syndicated lending and loan servicing. The ideal candidate will have hands-on experience with LoanIQ and strong exposure to interest, fee and withholding tax processing. Experience in production support, functional support or loan operations will be preferred.
Location: ChennaiYour Future Employer: Join a global banking and financial services environment offering exposure to complex syndicated lending operations, international stakeholders and large-scale LoanIQ processes.
Responsibilities:
- Supporting syndicated and corporate loan servicing activities using LoanIQ.
- Processing and supporting withholding tax activities related to loan interest and fee payments.
- Managing interest processing, accruals, rate-related transactions and interest payments.
- Supporting bank fee processing, including partial fee transactions and applicable tax treatment.
- Investigating and resolving LoanIQ transaction, cash, settlement and processing exceptions.
- Coordinating with agent banks, lenders, operations teams and internal stakeholders for issue resolution.
- Reviewing loan notices and transaction details to ensure accurate processing in LoanIQ.
- Performing reconciliations and resolving breaks related to loan cash flows, interest, fees and tax deductions.
- Supporting production issues, functional testing, UAT/SIT and system enhancements as required.
- Following operational controls, SOPs, SLAs and risk and compliance requirements.
Requirements:
- Having 4 years of relevant experience in banking, financial services, loan operations or loan servicing.
- Having hands-on experience with Finastra LoanIQ / Loan IQ.
- Having experience in syndicated loans, agency lending, corporate lending or wholesale lending.
- Demonstrating experience in interest, fee, repayment, rollover, drawdown and other loan lifecycle transactions.
- Having exposure to withholding tax / WHT processing in a lending or banking environment.
- Having knowledge of bank fee processing, including partial or tax-applicable fee transactions.
- Demonstrating strong reconciliation, exception handling and problem-solving skills.
- Having good stakeholder management and communication skills.
- Experience with ACBS, WSO, Solvas or similar loan platforms will be an advantage.
- Holding a Bachelor's degree in Finance, Commerce, Banking, Business Administration or a related discipline.
What's in it for you:
- Opportunity to work on complex syndicated lending and LoanIQ processes.
- Exposure to global banking operations and international stakeholders.
- Build specialised expertise across LoanIQ, WHT, interest and fee processing.
- Strong chance for professional growth within the banking and financial services domain.
Reach Us: If you feel this opportunity is well aligned with your career progression plans, please feel free to reach me with your updated profile at Yashika Malhotra.
Disclaimer: Crescendo Global is an equal opportunity employer. We value diversity and are committed to providing equal employment opportunities to all qualified individuals without regard to gender, race, religion, caste, disability, age or any other legally protected characteristic.
Note: Due to high application volume, candidates who don't hear back within one week should assume non-shortlisting.
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Profile Keywords: LoanIQ, Loan IQ, Syndicated Loans, Loan Servicing, Withholding Tax, WHT, Interest Processing, Fee Processing, Agency Lending, Corporate Lending, Loan Operations, Banking Operations
📌 SRA/LA - Syndicated Loans - Withholding Tax - Chennai - 4+ Years job (India)
🏢 Crescendo Global
📍 India