FIS IBS Core Banking System Loan Conversion Analyst

Centier Bank • Merrillville, IN

263d • $120

About The Position

The FIS IBS Core Banking System Loan Conversion Analyst is responsible for managing the loan conversion process in the implementation of a new core banking system. This role involves analyzing, mapping, and migrating loan data and business processes from legacy systems to the new IBS (Integrated Banking Services) Core Banking System. The analyst works closely with stakeholders to ensure seamless conversion, data accuracy, and system compatibility.

Requirements

• Bachelor's degree in Finance, Accounting, Information Systems, or a related field.
• Strong knowledge of banking systems, particularly loan processing and servicing.
• Experience with IBS Core Banking System conversion or deconversion experience.
• Proven ability to analyze, map, and migrate loan data.
• Familiarity with data conversion tools, techniques, and processes.
• Strong problem-solving and troubleshooting skills.
• Excellent communication and interpersonal skills to interact with cross-functional teams.
• Knowledge of regulatory requirements and compliance in banking (e.g., loan documentation, risk management).
• Detail-oriented with a focus on accuracy and data integrity.

Responsibilities

• Understand the FIS core banking system conversion methodology from Target Operating Model (TOM) through data mapping, process mapping, product design, system and data validation, Operational Analysis, Readiness Reviews, conversion, and post conversion support.
• Analyze loan data from legacy systems, including commercial and consumer loan structures, interest rates, payment schedules, and collateral.
• Map data from legacy systems to the new IBS Core Banking System loan module, ensuring accuracy and consistency.
• Support data quality approaches to clean up data pre-conversion.
• Support the end-to-end process of loan data migration, ensuring accurate transfer of all loan-related data to the new system.
• Collaborate with technical teams to develop data migration strategies and implement conversion scripts.
• Test the data conversion process to ensure data integrity, functionality, and proper loan servicing in the new system.
• Support the end-to-end definition of business processes impacted by the core banking system conversion.
• Perform testing to validate loan data in the new system, ensuring that all loans are properly converted and functioning.
• Maintain clear and detailed documentation of the loan conversion process, including mapping documents, test plans, and validation results.
• Prepare reports on the status of loan conversion projects, highlighting key milestones, risks, and issues.
• Work closely with business analysts, project managers, developers, and other stakeholders to ensure the conversion meets business requirements and objectives.
• Provide post-conversion support to ensure that the IBS Core Banking System continues to meet the organization's loan servicing needs.

Benefits

• Access to Marathon Health Clinics which provide FREE visits & prescriptions.
• Generous Paid Time Off benefit.
• Tuition Reimbursement.
• 401K match.
• Associate Stock Ownership Plan.
• Daycare Reimbursement.
• FREE Onsite Fitness Center/Fitness Reimbursements.
• Health and Wellness Programs.
• Career Growth.
• Work/Life Balance.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree