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: BangaloreWork hours: 6:30 PM to 3:30 PM ISTDepartment: Lending ServicesExperience 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 .