Senior Loan IQ DCT (Data Conversion Tool) Migration SME

Senior Loan IQ DCT (Data Conversion Tool) Migration SME

Job Summary

We are seeking an experienced Senior Loan IQ DCT Migration SME to lead and support large-scale Finastra Loan IQ data migration and conversion initiatives. The ideal candidate will possess deep expertise in Loan IQ Data Conversion Tool (DCT) , syndicated/commercial lending operations, data mapping, migration strategy, reconciliation, and end-to-end implementation or upgrade projects.

The SME will work closely with business stakeholders, migration teams, Loan IQ functional and technical consultants, and testing teams to ensure successful migration of lending portfolios into Loan IQ while maintaining data quality and integrity.

Key Responsibilities

Data Migration & Conversion

• Lead Loan IQ DCT migration activities across implementation, upgrade, and transformation projects.
• Analyze source system data and define migration strategies for Loan IQ conversion.
• Design and review data mapping documents between legacy systems and Loan IQ.
• Execute and oversee DCT conversion cycles and mock migrations.
• Support cutover planning and production migration activities.
• Identify, troubleshoot, and resolve migration-related issues.

Business & Functional Expertise

• Provide subject matter expertise in:
• Commercial Lending
• Corporate Lending
• Syndicated Loans
• Loan Servicing
• Agency Operations
• Deal and Facility Management
• Validate migrated data against business requirements and Loan IQ standards.
• Collaborate with business users to ensure accurate representation of loan portfolios.

Data Quality & Reconciliation

• Develop reconciliation and validation strategies.
• Perform data quality assessments and exception analysis.
• Ensure completeness and accuracy of migrated data.
• Manage defect tracking and issue resolution during migration cycles.

Stakeholder Management

• Act as the primary SME for Loan IQ migration discussions.
• Conduct workshops and migration requirement sessions.
• Communicate migration status, risks, and mitigation plans to project leadership.
• Collaborate with vendors, implementation partners, and internal teams.

Testing & Cutover Support

• Support SIT, UAT, mock conversions, and dress rehearsals.
• Coordinate migration testing activities.
• Assist business users during validation and sign-off processes.
• Support post-production stabilization activities.

Required Skills & Experience

Loan IQ Expertise

• 8+ years of experience with Finastra Loan IQ .
• 5+ years of experience in Loan IQ DCT migrations .
• Strong understanding of:
• Deals
• Facilities
• Drawdowns
• Borrowers
• Lenders
• Interest and Fees
• Payments
• Agency Functions
• Loan Servicing

Migration Expertise

• Extensive experience with:
• Loan IQ DCT
• Data Conversion
• Data Mapping
• Data Migration
• Reconciliation
• Data Validation
• Cutover Planning
• Mock Conversions

Banking Domain Knowledge

• Commercial Lending
• Corporate Banking
• Syndicated Lending
• Loan Operations
• Credit Administration

Technical Skills

• SQL
• Oracle Database
• Data Analysis
• ETL Concepts
• Excel and Reporting Tools
• Data Reconciliation Techniques

Preferred Qualifications

• Prior experience in global banking transformation programs.
• Experience migrating from legacy lending platforms into Loan IQ.
• Exposure to Agile and Waterfall delivery methodologies.
• Knowledge of regulatory and compliance requirements within lending operations.
• Experience working with offshore/onshore delivery models.

you can reach me @View phone number on click.appcast.io/View email address on click.appcast.io

We are hiring H1 , USC on C2C and GC on W2

we hire consultants who are local to NJ,NY and PA / who are ready to relocate to client location

Require min 12+ Yrs Exp