Senior Business Analyst
Location: NYC or NJ(3 days hybrid)
Exp – 10+ years
About the Role
We are seeking an experienced Senior Business Analyst with deep expertise in Loan IQ and commercial lending operations. The ideal candidate will bridge the gap between business users, technology teams, and operations to drive system enhancements, streamline loan servicing workflows, and support end-to-end delivery of loan lifecycle initiatives.
Key Responsibilities
- Serve as the primary liaison between business stakeholders, technology, and operations teams for Loan IQ-related projects.
- Analyze, document, and validate business requirements, functional specifications, and process workflows across loan origination, servicing, and accounting.
- Partner with development teams to design and implement solutions within Loan IQ, ensuring compliance with front-to-back loan lifecycle processes.
- Support Loan IQ configuration, data mapping, and integration with upstream and downstream systems (e.g., general ledger, risk, and reporting).
- Conduct gap analysis between current state and target state operating models.
- Create and execute UAT test plans, test cases, and test scripts; coordinate defect resolution.
- Participate in system upgrades, patch testing, and production validations.
- Provide ongoing support for production issues, user queries, and operational improvements.
- Ensure compliance with internal control standards and regulatory requirements in loan management processes.
- Facilitate meetings, document decisions, track action items, and communicate project status effectively to stakeholders.
Required Qualifications
- 10+ years of total experience as a Business Analyst within Banking or Financial Services.
- 5+ years of hands-on experience with Loan IQ (business process, configuration, or implementation support).
- Strong understanding of syndicated lending, bilateral loans, agency servicing, interest/fee calculations, and loan accounting.
- Experience working in Agile or hybrid delivery environments.
- Proven track record of delivering technology or process transformation projects in Commercial Lending or Corporate Banking.
- Proficiency in SQL, data analysis, and reporting tools (e.g., Tableau, Power BI, Excel) a plus.
- Excellent communication, documentation, and stakeholder management skills.
- Bachelor’s degree in Finance, Business, or related field; Master’s preferred.
Preferred Skills
- Experience with Loan IQ upgrades, data migration, and reconciliation.
- Familiarity with Loan Syndication Trading, credit risk systems, or loan accounting workflows.
- Knowledge of regulatory reporting or Basel requirements related to loan portfolios.
- Exposure to APIs and integration testing within complex banking ecosystems.
Regards:
Vamsi
hr@shayaancorp.com | O. 732 798 5943
Shayaan Corporation Inc
