Principal Business Consultant (Loan IQ)

Remote, USA Full-time
Who are we? At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world's top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good. What will you contribute?Reporting to the Director of Lending Global Services, the Principal Business Consultant is responsible fordata analysis and mapping, system configuration, implementation, consultative training and/orreinforcement of training, and implementation support of software applications for new and existingclients. Follow project standards within established timeframes and at defined quality levels, and ensure projects are completed according to schedule and client specifications. This position is client-facing and requires travel to the client site as the project warrants.Work performed is typically moderately complex. Responsibilities & Deliverables:Your deliverables as a Principal Business Consultant will include, but are not limited to, the following:Interact with client, consultatively, to determine project requirements and needs analysis. Establish and/or assist client with configuring system parameters and controls based onclient's business practices and processes; recommend best practices; review setup withclients and gain client acceptance. Conduct data analysis and mapping activities for assigned applications if applicable.Analyze source data files and map data to target application for use by technicalresources to develop programs. Provide on-site or remote support during client conversions as applicable. Establish and/or assist client with establishing system parameters and controls based onclient's business practices and processes, recommend best practices, review setup withclients, and gain client acceptance. Conduct data mapping activities for assigned applications if applicable. Analyze sourcedata files and map data to target application for use by technical resources to developprograms.Test and troubleshoot system configuration and functionality. Validate new system input, output, and connectivity. Identify, research, and assist inresolving any issues with technical resources. Facilitate converted database validation work sessions with clients as applicable. Assess and report risks during project and participate in the development andimplementation of mitigation plans. Communicate project scope, status, and risks to all stakeholders. Record accurate and timely accounting of time spent on project related activities.Follow established project, departmental, company procedures and quality standards. Follow established project management standards. Provide activities related to themanagement of assigned implementation projects to bring the project to a timely closeand transition the client appropriately. Complete post-implementation tasks in a timely manner. Update internal documentation as applicable. Provide subject matter expertise to internal staff including, but not limited to, sales,development, support, training, professional services as needed.Participate in the development of implementation or training content. Conduct softwaretraining and/or reinforce prior training to both external clients and internal staff. Maintain, enhance, and broaden knowledge and skills of software applications andindustry practices. Loan IQ ExpertiseServe as a subject matter expert (SME) on the Loan IQ platformLead Loan IQ implementation, integration, and migration projectsEnsure platform usage aligns with business needs and compliance standardsClient & Stakeholder EngagementConduct business and IT workshops to gather requirementsCollaborate with cross-functional teams to deliver tailored solutionsAct as a trusted advisor to clients and internal stakeholdersFunctional Analysis & DocumentationAnalyze commercial lending and syndication processesWrite Business Requirement Documents (BRDs) and functional specsTranslate technical details into business contextStrategic ConsultingRecommend best practices to improve loan operations and servicingSupport product transformation initiatives and innovation effortsAlign solutions with global financial regulations and trendsProblem Solving & Risk ManagementAddress complex challenges with analytical and creative thinkingAssess business risks and propose mitigation strategiesRequiredExperience:Minimum of 10 years of experience in relevant area of expertise, preferably for a financialinstitution or an industry software company.Client facing service experience required. Software implementation, support, or training experience strongly preferred. Experience with project management disciplines preferred. Experience with Finastra Loan IQ. We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:Flexibility:Enjoy unlimited vacation,based on your location and business priorities. Hybrid working arrangements,andinclusive policies such as paid time off for voting, bereavement, and sick leave.Well-being:Access confidential one-on-one therapy through our Employee Assistance Program, unlimited personalized coaching via our coaching app, and access to our Gather Groups for emotional and mental support. Medical, life & disability insurance, retirement plan, lifestyle and other benefits* ESG:Benefit from paid time off for volunteering and donation matching. DEI: Participate in multiple DE&I groups for open involvement (e.g., Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, Women@Finastra).Career Development:Access online learning and accredited courses through our Skills &Career Navigator tool. Recognition:Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best. • Specific benefits may vary by location. At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together.We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves. Be unique, be exceptional, and help us make a difference at Finastra! Applicants for this position need to be located in posted location or their immediate surrounding areas. Due to the requirements of this position, this job posting is not available for, and Finastra will not be considering any applicants who currently reside in New York City or California. Apply tot his job
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