Business Analyst LoanIQ

Business Analyst, LoanIQ

Global Banking Organisation, London based

£750 per day inside IR35, 6 month initial contract

We are partnering with a leading global banking organisation undertaking a major multi-year finance transformation programme and are seeking an experienced Senior LoanIQ Business Analyst to join a high-profile strategic initiative.

This programme covers key transformation areas including IFRS transition, sub-ledger implementation, reporting period alignment, and process/control enhancement. The successful candidate will play a critical role in ensuring accurate and reliable LoanIQ data integration across finance and downstream reporting systems.

Key Responsibilities:

  • Act as the SME for LoanIQ within a large-scale finance transformation programme.
  • Engage with stakeholders across Finance, Operations, Technology, and Data teams to gather and define business and interface requirements.
  • Analyse LoanIQ data structures, workflows, and integration points across the lending lifecycle.
  • Define and document source-to-target mappings for downstream consumers including sub-ledgers, data warehouses, and reporting platforms.
  • Develop and execute SQL queries for data extraction, reconciliation, validation, and analysis.
  • Support interface design including transformation logic, reconciliation controls, exception handling, and operational procedures.
  • Map current and future-state lending processes including drawdowns, repricing, rollovers, fees, and trading events.
  • Support SIT/UAT phases including test planning, execution, defect management, and governance sign-off.
  • Contribute to data migration, historical backfill, and cutover activities.
  • Provide RAID management, status reporting, and transition support to BAU teams.

Key Skills & Experience:

  • Strong hands-on experience working as a Business Analyst or Systems Analyst on LoanIQ projects is essential.
  • Excellent understanding of loan servicing, guarantees/SBLCs, syndicated lending, and collateral accounting.
  • Strong SQL and data analysis capabilities including reconciliations, data quality validation, and complex mappings.
  • Experience working on finance transformation programmes, ideally involving IFRS, sub-ledger implementations, or regulatory reporting initiatives.
  • Proven experience producing BRDs, functional specifications, mapping documents, test packs, and interface documentation.
  • Strong understanding of lending products including corporate, syndicated, and project finance.
  • Experience working across Agile and Waterfall delivery environments.
  • Ability to engage effectively with cross-functional stakeholders including Technology, Finance, Operations, Product Control, and third-party vendors.

Job Details

Company
Magnit Global
Location
City of London, London, United Kingdom
Posted