Business Analyst - LOS(Loan Origin Systems) :: Onsite :: W2 Position

Role: Business Analyst – Loan Origination System (LOS)

Location: Naperville, IL – Local Candidates Only
Experience: 6–8 Years



Role Overview

We are looking for a Business Analyst with strong Lending and Loan Origination System (LOS) experience to support lending technology initiatives. The ideal candidate will have hands-on experience with loan origination, underwriting, credit assessment, lending operations, and business analysis.

Key Responsibilities

• Collaborate with business stakeholders, underwriting, risk, compliance, and technology teams to gather and document lending requirements.
• Create BRDs, FRDs, user stories, process flows, use cases, and gap analysis documentation.
• Analyze, configure, and support Loan Origination System (LOS) functionality, including loan applications, credit decisioning, underwriting, and loan booking.
• Support the complete loan lifecycle, including:
  • Application intake
  • Credit assessment
  • Underwriting
  • Approval
  • Documentation
  • Funding
  • Servicing handover
• Identify opportunities for lending process optimization, workflow automation, digitization, and Straight-Through Processing (STP).
• Support integrations between LOS platforms and enterprise systems such as Core Banking, CRM, AML/KYC, Credit Bureau, Risk, and Document Management systems.
• Perform data analysis, validation, reconciliation, reporting, and dashboard-related activities to improve lending operations and data quality.
• Lead and support SIT/UAT, defect resolution, regulatory compliance activities, and production deployments.
• Work closely with stakeholders to obtain commitment, resolve issues, and ensure successful delivery of lending initiatives.

Required Skills

1. Strong Lending Domain Experience
   • Loan origination
   • Underwriting
   • Credit assessment
   • Lending operations
2. Loan Origination System (LOS) Experience
   • Loan IQ
   • nCino
   • Encompass
   • Temenos
   • Pega
   • Or similar LOS platforms
3. Business Analysis
   • Requirements gathering
   • Process modeling
   • Stakeholder management
   • BRD/FRD documentation
   • User stories
   • SIT/UAT support

Preferred Skills

• Experience with lending transformation and digital banking initiatives.
• Knowledge of workflow automation and Straight-Through Processing (STP).
• Understanding of AML/KYC, credit risk, operational risk, regulatory compliance, and lending policies.
• Experience integrating LOS platforms with Core Banking, CRM, Credit Bureau, Risk, and Document Management systems.
• Strong stakeholder management and ability to obtain stakeholder commitment.

Keywords

Business Analysis | Lending | Retail Lending | Loan Origination | LOS | Underwriting | Credit Assessment | Stakeholder Management | Requirements Gathering | UAT | Loan IQ | nCino | Encompass | Temenos | Pega