Loan IQ Technical

1. Loan Origination: Facilitates the origination of new loans by capturing borrower information and loan terms.

2. Loan Servicing: Manages loans throughout their lifecycle, including payment processing and covenant tracking.

3. Syndicated Loan Management: Supports syndicated loans with syndicate formation and participation tracking.

4. Collateral Management: Manages collateral associated with loans, including valuation and tracking.

Before learning Loan IQ Technical, it's beneficial to have the following skills:

1. Banking and Financial Services Knowledge: Understanding of banking and financial services terminology, processes, and regulations.

2. Database Management: Familiarity with database management systems (DBMS) and SQL for data retrieval and manipulation.

3. Programming Skills: Basic programming skills in languages such as Java, C#, or Python may be helpful for customizations and integrations.

4. Financial Accounting: Knowledge of financial accounting principles and practices for loan accounting and reporting.

By learning Loan IQ Technical, you gain the following skills:

1. Loan Servicing: Ability to manage loans throughout their lifecycle, including origination, servicing, and closure.

2. System Configuration: Skills in configuring Loan IQ to meet specific business requirements and workflows.

3. Data Management: Proficiency in managing loan data, including data entry, validation, and reconciliation.

4. Integration: Ability to integrate Loan IQ with other systems and data sources using APIs and integration tools.