Loan IQ Business Analyst / Loan Processing

New York, NY

Local Only


$55/hr - $85/hr

Our client, a leading US financial institution, is seeking a LoanIQ Business Analyst to join their team in New York, NY. The candidate will be responsible for supporting LoanIQ, the bank's loan processing system, and will work closely with the business and IT teams to identify requirements, design solutions, and implement changes. The ideal candidate will have strong experience using LoanIQ and will be able to troubleshoot and resolve issues related to the system.

This is a 24-month contract, hybrid onsite role that requires 3 days working in-office in Manhattan. 


  • Bachelor's degree in finance, computer science, or a related field.
  • 5+ years of experience as a Business Analyst, with strong experience in LoanIQ.
  • Knowledge of loan processing systems, including syndicated loans and trade finance.
  • Experience in documenting business requirements, functional specifications, and test plans.
  • Ability to troubleshoot and resolve issues related to LoanIQ.
  • Excellent written and verbal communication skills, including the ability to communicate technical information to non-technical stakeholders.
  • Strong organizational skills and attention to detail.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Experience with Agile and Waterfall project management methodologies.

What You Will Be Doing:

Tech Breakdown: 100% LoanIQ Business Analysis

Daily Responsibilities:

  • 50% gathering and documenting business requirements
  • 20% designing and implementing solutions
  • 10% performing system testing and validation
  • 10% resolving LoanIQ issues and providing training to end-users
  • 10% maintaining and updating LoanIQ documentation

The Offer
  • Competitive hourly rate and opportunity for extension or conversion to direct-hire

You will receive the following benefits:
  • Medical Insurance
  • Dental Benefits
  • Vision Benefits
  • Paid Time Off (PTO)
  • 401(k) {including match- if applicable}

Applicants must be currently authorized to work in the US on a full-time basis now and in the future. #LI-DI1

You will receive the following benefits:

  • Medical Insurance - Four medical plans to choose from for you and your family
  • Dental & Orthodontia Benefits
  • Vision Benefits
  • Health Savings Account (HSA)
  • Health and Dependent Care Flexible Spending Accounts
  • Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
  • Hospital Indemnity Insurance
  • 401(k) including match with pre and post-tax options
  • Paid Sick Time Leave
  • Legal and Identity Protection Plans
  • Pre-tax Commuter Benefit
  • 529 College Saver Plan

Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: David Inman