Principal Business Consultant; Loan IQ

Position: Principal Business Consultant (Loan IQ)
This job is with Finastra, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

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 for
data analysis and mapping, system configuration, implementation, consultative training and/or
reinforcement of training, and implementation support of software applications for new and existing
clients. Follow project standards within established time frames 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 on
client's business practices and processes; recommend best practices; review setup with
clients 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 technical
resources 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 on
client's business practices and processes, recommend best practices, review setup with
clients, and gain client acceptance.

• Conduct data mapping activities for assigned applications if applicable. Analyze source
data files and map data to target application for use by technical resources to develop
programs.

• Test and troubleshoot system configuration and functionality.

• Validate new system input, output, and connectivity. Identify, research, and assist in
resolving 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 and
implementation 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 the
management of assigned implementation projects to bring the project to a timely close
and 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 software
training and/or reinforce prior training to both external clients and internal staff.

• Maintain, enhance, and broaden knowledge and skills of software applications and
industry practices.

• Loan IQ Expertise
○ Serve as a subject matter expert (SME) on the Loan IQ platform
○ Lead Loan IQ implementation, integration, and migration projects
○ Ensure platform usage aligns with business needs and compliance standards

• Client & Stakeholder Engagement
○ Conduct business and IT workshops to gather requirements
○ Collaborate with cross-functional teams…