Commercial Banking - Loan Operations (Loan IQ)

Job Title: Commercial Banking - Loan Operations (Loan IQ (Sr Associate/ Delivery Lead/ Manager)

Acuity is currently looking for for experienced professionals (5-12 years) in Loan Operations (Loan IQ) to join our growing team in Bangalore!

• Location: Bangalore
• Work hours: 6:30 PM to 3:30 PM IST
• Department: Lending Services
• Experience Level: 5-12 years

Key Skills/ Responsibilities

• Perform servicing activities in LIQ Rollovers, Advances, Paydowns, Past Dues, fees, deal setup, reconciliation and others

• New 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

Key Competencies

• Min 5-12 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