Loan IQ Engineer

MAJOR JAPANESE TRUST BANK SEEKS LOAN IQ ENGINEER $135,000-$150,000. HYBRID 2 Days onsite in MIDTOWN MANHATTAN. ONLY CANDIDATES in TRI STATE AREA WILL BE CONSIDERED

Your Role Overview:

The Senior Engineer will perform maintenance and administration of the LoanIQ application from Finastra, running as “FMS” (Finastra Managed Services) - a cloud-based version of LoanIQ. The position supports the front, middle and back-office business lines that use LoanIQ.

Your Duties and Responsibilities:

1. Maintenance and support of LoanIQ, including account administration and user profile maintenance.
2. Support and interaction with Business Lines that use LoanIQ. Assistance with problem resolution and general inquiries.
3. Interaction with the Finastra helpdesk as needed for research and problem resolution.
4. Responsible for coordinating with Finastra re. scheduled patches, ad-hoc patches and system upgrades: This will require ITD unit testing and coordination with users for UAT. This will also require balancing user activity with Finastra support. Three environments will come into play: UAT, pre-PROD and PROD.
5. Future API development and support when we begin to implement interfaces to other systems. This may include cloud-based systems as well as on-prem legacy systems.
6. Developing and deploying SQL-based data exchange between LoanIQ and other systems.
7. Interaction and coordination with third party vendors who assist with LoanIQ implementation and deployment. Responsible for ensuring a smooth knowledge transfer upon vendor exit.
8. Close interaction with other members of ITD. This includes knowledge-sharing/cross-training as well as working out the technical details for interfaces to legacy systems.
9. Additional responsibilities within the ITD Application Section may include:
10. Responsible for development, maintenance and enhancement of Bank systems, both internally developed and 3rd party.
11. Advises and assists end users in using software packages and explaining how to better utilize existing software.
12. Participates in new projects and cooperates with other project / department members.
13. Responsible for writing and maintaining software program documentation and procedure manuals.
14. Provides necessary migration for existing computer applications.
15. Performs other duties and responsibilities as assigned by management.

Your Qualifications:

1. Bachelor’s degree or equivalent with three years of relevant work experience in the financial sector.
2. Proficiency MS SQL and data transfer
3. API development and deployment
4. Basic business knowledge of financial instruments, wholesale banking, capital markets, lending, and market risk analysis preferred. SWIFT experience is a plus.
5. Basic programming knowledge / experience with MSOffice (Excel, Access) desirable.
6. Good oral and written communication skills.
7. Knowledge of the LoanIQ application is required, including the user interfaceunderlying database schema and table relationships, and issue resolution related to LoanIQ batch run.
8. Experience with Finastra’s reporting tool, DataNet (a branded instance of IBM Cognos), would also be advantageous.
9. Knowledge of the Finastra API universe is preferred.
10. Possesses SQL skills with a focus on bulk data transfers between LoanIQ and other SQL databases.
11. Broad banking product knowledge with a focus on agented and non-agented (bilateral) loans is a plus.