LoanIQ Business Analyst

Capco; New York (NY); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

Capco is seeking a LoanIQ Business Analyst in New York City with hybrid work (3 days on-site). The role focuses on supporting delivery, enhancement, and operation of lending platforms for major financial institutions.

Responsibilities include requirements gathering, serving as a LoanIQ SME across servicing, accounting, agency deals, and integrations; and leading or supporting SIT/UAT and production support activities. Prior experience with Lending and Loan IQ is essential.

Qualifications

• Experience as a Business Analyst in commercial lending, syndicated loans, or loan operations.

Responsibilities

• Gather, analyze, and document requirements across loan origination, servicing, restructures, and lifecycle events.

Skills

Loan IQ knowledge

Stakeholder management

Requirements gathering

Testing support (SIT/UAT)

Tools

Finastra Loan IQ

Job description

LoanIQ Business Analyst

Location: New York | Hybrid (3-Days) | Contract or Full-time

The Role

We are seeking an experienced Loan IQ Business Analyst to support the delivery, enhancement, and ongoing operation of mission-critical lending platforms for leading financial institutions. This role sits at the intersection of business and technology, partnering with stakeholders across front, middle, and back-office functions to optimize loan servicing processes, drive system improvements, and ensure operational excellence throughout the loan lifecycle.

You will act as a trusted advisor and subject matter expert for Loan IQ, helping shape solutions that improve efficiency, scalability, and user experience while supporting strategic transformation initiatives.

What You’ll Do

• Partner with business stakeholders to gather, analyze, and document requirements across loan origination, servicing, repayments, restructures, and other loan lifecycle events.
• Serve as a Loan IQ SME, supporting modules including servicing, accounting, agency deals, and integrations with upstream and downstream systems.
• Translate business requirements into functional specifications, user stories, process flows, and solution designs for development teams and vendors.
• Lead or support testing activities including SIT and UAT, creating test cases, managing defect resolution, and validating business outcomes.
• Provide production support through issue triage, root cause analysis, data investigation, and coordination with technology teams and third-party vendors.

What We’re Looking For

• Proven experience as a Business Analyst supporting commercial lending, syndicated loans, or loan operations environments.
• Strong hands‑on knowledge of Finastra Loan IQ, including servicing, accounting, agency, and loan lifecycle functionality.
• Experience gathering requirements, documenting business processes, and delivering technology change initiatives within financial services.
• Strong analytical skills with experience supporting reconciliations, reporting, and investigation of loan balances, interest, fees, and accounting outputs.
• Excellent stakeholder management and communication skills with the ability to collaborate across business, technology, and vendor teams.

Bonus Points For

• Experience working directly with Finastra or other loan servicing platform vendors.
• Knowledge of loan accounting, general ledger integrations, and financial reporting processes.
• Exposure to Agile delivery methodologies and user story creation.
• Experience supporting large‑scale Loan IQ implementations, upgrades, or migration programs.
• Familiarity with automation, workflow optimization, and operational transformation initiatives.