Senior LOAN IQ based BA
Prabhav Services Inc. · Hanover, NJ · 1 wk ago
Information TechnologyFull-time
Job Summary
We are seeking an experienced Senior Loan IQ Business Analyst (Loan IQ Product Specialist) to support a large-scale Loan IQ implementation for a leading Banking client. The ideal candidate will possess expert-level knowledge of Finastra Loan IQ, Wholesale Lending products, and business processes, with the ability to bridge business and technology teams throughout the implementation lifecycle.
Key Responsibilities
- Perform functional analysis of Finastra Loan IQ against business requirements.
- Analyze Loan IQ integration with enterprise systems, including Loan Trading, Accounting, Risk Management, and other banking applications.
- Gather, document, and validate business, functional, and reporting requirements.
- Define booking models and workflows for various Wholesale Lending products.
- Facilitate Loan IQ configuration and accounting mapping workshops with business and technical stakeholders.
- Support test strategy, test planning, execution, and defect resolution activities.
- Define migration strategies, mapping requirements, planning, and execution support for Loan IQ implementation.
- Collaborate with Loan IQ migration leads to identify migration requirements and data mappings.
- Analyze complex business issues, evaluate solution options, and present recommendations to stakeholders.
- Manage business requirements following governance standards to support successful project delivery.
- Develop deep functional and technical knowledge of the Barclays environment.
- Produce high-quality documentation, process flows, functional specifications, and business analysis artifacts.
- Ensure compliance with regulatory requirements, enterprise risk management frameworks, and internal banking policies.
- Stakeholder Management
- Collaborate with business, operations, technology, project management, and vendor teams throughout the implementation.
- Build strong relationships across multiple stakeholder groups to facilitate informed decision-making.
- Lead workshops and discussions to gather requirements, build consensus, and resolve complex business challenges.
- Effectively balance diplomacy with assertiveness while managing competing priorities across multiple workstreams.
- Decision Making & Problem Solving
- Analyze complex business scenarios and recommend optimal Loan IQ solutions.
- Clearly communicate functional requirements, solution options, and implementation approaches.
- Translate complex information into structured business analysis and documentation.
- Challenge existing processes and recommend continuous improvements.
- Support large-scale enterprise program delivery across multiple business units and geographic regions.
Required Skills
- Expert-level experience with Finastra Loan IQ.
- Strong experience as a Business Analyst within Banking or Financial Services.
- Deep understanding of Wholesale Lending products and business processes.
- Strong knowledge of Loan IQ configuration and functional capabilities.
- Experience with Loan IQ integrations involving: Loan Trading, Financial Accounting, Risk Management (Credit and/or Market Risk).
- Experience with migration strategy, data mapping, and implementation support.
- Strong requirements gathering, business analysis, and documentation skills.
- Experience supporting UAT, SIT, and test planning activities.
- Excellent stakeholder management and communication skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Proficiency with Microsoft Office Suite, including: Teams, SharePoint, PowerPoint, Visio.
Preferred Qualifications
- Bachelor's Degree or equivalent experience.
- Experience using Jira for requirements management.
- Experience using Confluence for documentation.
- Working knowledge of Agile and Waterfall project delivery methodologies.
- Experience working on large-scale Loan IQ implementation or migration programs.
- Ability to work effectively across multiple teams and manage competing priorities in a fast-paced environment.
Key Technologies
- Finastra Loan IQ
- Wholesale Lending
- Loan Trading
- Financial Accounting
- Credit Risk
- Market Risk
- Jira
- Confluence
- Microsoft Teams
- SharePoint
- PowerPoint
- Visio
- Agile
- Waterfall