Loan IQ Data Migration Business Analyst

  • Location: Toronto, Ontario
  • Type: Contract
  • Job #1417
Loan IQ Business Analyst 
(6 month Contract)

Location Address: 150 King Street W – WFH
Contract Duration: ASAP – 12/31/2021 (potential for extension)
Number of Positions: 1
Schedule Hours: 9 AM – 5 PM
Override Job Title: Loan IQ Data Migration BA
Story Behind the Need
Business group: Regulatory and Business Initiatives – Group is responsible for implementing regulatory changes and managing large regulatory & business initiatives.

Project: Data migration workstream under the Loan IQ Program – migrating off legacy corporate  loan systems – migration all the Legacy Loan Data migrated into new system which is loan IQ. Migrations are being loan in waves by country, program is at the testing phase of the script, debugging, questions and analyses of the errors.
Reason for request: Backfill

Candidate Value Proposition: Involved in a brand-new implementation of the Loan IQ – corporate lending application. Be part of the migration, migration also happens after go-live, role has an opportunity for extension.

Typical Day in Role:
– This person will be working with the Data Migration Lead in addition to the OPs/Business team and with the Vendor technical team
– Needs to be comfortable working with different groups, technical, operations, business lines with respect to the data.
– Getting the data from the tool – transits etc. and providing the template to vendors to migrate data. There will be errors because of the tool, need to work on the data migration technical lead on the vendor side.
– Loading files, get results, which comes with error log – will need to analyze/work with vendor and identify if it is a technical error, or if it is related to data. If it is related to data, will need to do deep analysis.
– Fix errors, re-load files, follow up either with business or technology counterparts.

Candidate Requirements/Must Have Skills:
1) 5-8 years; Financial Industry experience as a BA/BSA
2) 3-5 years; experience with Loan IQ from another FI
3) 5+ years Strong understanding of the Loan business – terminology, lifecycle of how a loan works.
4) 5-8 previous experience on Enterprise wide data migration/work streams – comfortable looking into the backend of files.
5) Excellent Communication Skills – verbal and written

Nice-To-Have Skills:
1) ACBS Background – Corporate Lending System
2) Familiar with XML
3) SQL
Soft Skills Required:
1) Strong analytical skill set and technical skillset to work with data – very important
Degrees: Bachelors degree in business or technology

Additional Notes
– Resource needs to be comfortable with Data Portion of the role.
– This role is 50% BA, 50% BSA – needs to be able to read, write requirements as part of BA portion