Loan IQ Business Analyst
Largeton Group · New York, NY · 1 wk ago
On-siteAnalystContract
About the role
Capco is seeking an experienced Loan IQ Business Analyst to support the delivery, enhancement, and ongoing operation of mission-critical lending platforms for a leading financial institution.
This role sits at the intersection of business and technology, partnering with stakeholders across front, middle, and back-office functions to optimize loan servicing processes, drive system improvements, and ensure operational excellence throughout the loan lifecycle. You'll act as a trusted advisor and subject matter expert for Loan IQ, shaping solutions that improve efficiency, scalability, and user experience while supporting strategic transformation initiatives.
What You'll Do
- Partner with business stakeholders to gather, analyze, and document requirements across loan origination, servicing, repayments, restructures, and other loan lifecycle events
- Serve as the Loan IQ SME across modules including servicing, accounting, agency deals, and integrations with upstream and downstream systems
- Translate business requirements into functional specifications, user stories, process flows, and solution designs for development teams and vendors
- Lead and support SIT and UAT testing creating test cases, managing defect resolution, and validating business outcomes
- Provide production support through issue triage, root cause analysis, data investigation, and coordination with technology teams and third-party vendors
What We're Looking For
- Proven experience as a Business Analyst in commercial lending, syndicated loans, or loan operations environments
- Strong hands-on knowledge of Finastra Loan IQ, including servicing, accounting, agency, and loan lifecycle functionality
- Experience gathering requirements, documenting business processes, and delivering technology change initiatives within financial services
- Strong analytical skills, including reconciliations, reporting, and investigation of loan balances, interest, fees, and accounting outputs
- Excellent stakeholder management and communication skills across business, technology, and vendor teams
Bonus Points For
- Experience working directly with Finastra or other loan servicing platform vendors
- Knowledge of loan accounting, general ledger integrations, and financial reporting processes
- Exposure to Agile delivery and user story creation
- Experience supporting large-scale Loan IQ implementations, upgrades, or migrations
- Familiarity with automation, workflow optimization, and operational transformation initiatives