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