Loan IQ Business Analyst

PCRecruiter - Recruitment Software & Applicant Tracking System; Toronto; Hybrid; CAD 85,000 - 130,000; Full time

Job summary

A leading IT services firm is seeking a skilled LoanIQ Business Analyst in Toronto, Ontario. The successful candidate will bridge the gap between business needs and technical solutions, ensuring robust LoanIQ implementations in the financial sector. This role involves extensive collaboration with stakeholders, requires problem-solving and multitasking capabilities, and offers a hybrid work environment with competitive salary and benefits.

Qualifications

• Working knowledge of the financial industry required.
• Experience in a Sell Side bank preferred.
• Proficient in SQL Server, Python, and data mining.

Responsibilities

• Document user needs and propose effective solutions.
• Manage data requirements and ensure quality control of LoanIQ.
• Communicate with stakeholders and track project deliverables.

Skills

Problem-solving

Communication

Analytical

Teamwork

Detail-oriented

Tools

SQL Server

Python

MS Office

JIRA

Job description

Business Analyst - Loan IQ

This is with a large IT services firm for a leading US based bank.
Candidate must have legal work status for Canada.
Client Location is Toronto, Ontario (near TTC and GO)
Hybrid - In-Office 3 days per week.
Perm/FT role, salary and benefits,

Job Description:
We are seeking a skilled LoanIQ Business Analyst to join our team. The BA Loan IQ role challenges candidate to bridge the gap between business needs and technical solutions within the financial industry, ensuring accurate requirements gathering, data management, and system implementation. It requires proactive communication, problem-solving, and multitasking across multiple teams to deliver robust LoanIQ solutions that meet regulatory and operational standards. Success in this role hinges on candidate ability to manage complex projects, data requirements, and stakeholder expectations effectively.

Responsibilities:
Work with business users to understand their needs and document them using various tools
Anticipate user needs and propose solutions and alternatives.
Understand functional and non-functional requirements.
Work with project teams in building and testing the solutions.
Maintain active communication channels with all stakeholders on deliverables and report statuses.
Track all outstanding issues and manage them from initiation to production deployment.
Ability to multitask and work with multiple teams.
Manage data requirements. Able to prioritize and allocate resources effectively.
Quality control of LoanIQ.

Requirements:
Working knowledge of the financial industry is required.
Previous experience working in a Sell Side bank is required.
Working knowledge on migration or implementation of banking systems.
Demonstrable proficiency with SQL Server and data mining skills, Python, Schema mapping.
Familiarity with Data models and modeling.
Strong verbal, written, and presentation skills.
Excellent with MS Office tools (Words, Excel, PowerPoint, Visio).
Working knowledge of JIRA and familiarity with Agile methodology.
Application support.
Regulatory reporting.
Excellent problem-solving skills and attention to detail.
Strong communication and teamwork abilities.

Preferred, but not required:
Detail-oriented, ability to turn deliverables around quickly with a high degree of accuracy.
Strong analytical skills, ability to interpret business requirements and produce functional and technical design documents.
Good time management skills – Ability to prioritize and multi-task, handling multiple efforts at once.
Strong desire to understand and learn domain.
Experience in a financial services/banking industry.
Ability to work in a fast-paced environment; to be flexible and learn quickly.
Ability to multi-task with attention to detail/ prioritize tasks.