Business Analyst

Job Summary:

We are seeking a highly skilled and experienced Business Analyst – QA Consultant with strong domain expertise in Finastra Fusion Loan IQ. The ideal candidate will support system implementations, interface development, functional testing, and ongoing production support. This role demands in-depth knowledge of Loan IQ functionalities, SDK development, and integration with core banking platforms, along with a strong background in business analysis and quality assurance.

Key Responsibilities:

• Lead and support Loan IQ system implementations and interface development activities.
• Analyze and document business requirements; translate them into functional and technical specifications.
• Design and execute test plans, manage defect lifecycle, and report on testing progress.
• Troubleshoot and resolve functional, data, and interface issues within Loan IQ.
• Configure system settings and support end-to-end loan lifecycle for syndicated and bilateral deals.
• Review Business Requirement Specifications (BRS) and prepare functional test cases.
• Perform SIT, UAT, regression testing, and ensure system stability through integration phases.
• Provide support for system enhancements, upgrades, and post-production issues.
• Maintain documentation of system specifications, workflows, and change requests.
• Assist in preparing user manuals, training materials, and operational guides.
• Ensure compliance with data protection, bank policies, and IT governance standards.
• Collaborate with business stakeholders, technical teams, and vendors during project lifecycles.

Required Technical Skills:

Loan IQ Expertise:

• Minimum 5 years of experience in Loan IQ application implementation and support.
• Strong hands-on knowledge of Loan IQ SDK: inquiry scripts, scripted APIs/batches, and event management.
• Familiarity with Loan IQ Data Dictionary (version 7.7.X or later).
• Deep understanding of Loan IQ modules:
• Customer Setup, Deal/Facility Management, Portfolio, Payments, Fees, Secondary Sales, Trade Ticket, Swaps, Collaterals, Ticklers, Repayment Schedules
• Experience with:
• RFR functionality
• MX payments and GL entries
• Batch and online accounting

Technical Competencies:

• Proficiency in Core Java / J2EE, XML, and REST API
• Strong command of Oracle DB, PL/SQL, stored procedures, and packages
• Experience with Loan IQ nightly batch processing, controllers, and event-driven triggers
• Understanding of integration with core banking systems

Education & Experience:

• Bachelor’s degree in Finance, Computer Science, MIS, Engineering, Business Administration, or a related field.
• Minimum 4 years of experience in Banking IT systems, with 3+ years in system implementations and support.
• Proven experience in business analysis, functional testing, and QA for loan administration systems.