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(Immediate Start) Banking Specialist

(Immediate Start) Banking Specialist

Tech MahindraIndia
10 hours ago
Job description

Title : Senior Core Banking Specialist – Finastra Equation

Experience : 8-12 years

Offshore Location : Any TechM (Bangalore / Chennai / Hyderabad / Pune)- For Initial day till Visa Processing time.

Domain : Banking only

Job Location : Sharjah

Offshore Budget : upto 30 LPA

Notice Period : Immediate

Job Summary :

We are seeking an experienced Core Banking Specialist with 8-10 years of proven expertise in the Finastra Equation platform. The ideal candidate will possess in-depth knowledge of core banking modules, API integration, reporting functionalities, and system parameter configurations. This role requires hands-on experience in AS / 400 technologies, Equation support, and payment processing within the Equation system.

Key Responsibilities :

  • Oversee all core banking modules within the Finastra Equation platform, including API structures and reporting functionalities.
  • Perform parameter configuration for products, balance sheets, and P&L setups.
  • Support Equation modules, including End of Day processing and Equation Lending.
  • Develop and maintain AS / 400 technologies using RPGLE, CLLE, SQL400, and DB2 / 400.
  • Manage integration data flow modules within the Equation platform and create new APIs.
  • Oversee IBM MQ management for Equation system integrations with other applications.
  • Design solutions, create low-level design documentation, and collaborate with the team on implementation.
  • Interpret business requirements, draft test plans, and prepare detailed test cases for functional, regression, API, security, and integration testing.
  • Lead testing efforts in Retail Banking, Core Banking, and Payment systems, including defect triage.
  • Take ownership of assigned projects, ensuring end-to-end completion and follow-ups.
  • Maintain high-quality documentation standards for system configurations and testing processes.

Scope of Work :

  • Clearing of unclassified items for Balance Sheet and Profit & Loss
  • Automation of daily ratio reports
  • Automation of cost allocation reports
  • Automation of manual adjustments & new option for manual backdated adjustments
  • Other financial statements - disclosures / other reports automation
  • Customer-wise segmentation on current finance reports (new BRD)
  • Historical data statistics - historical data reporting and analytics with new reporting structure (new BRD)
  • Maturity analysis
  • IIS treatment, CB regulatory requirement
  • Bifurcation of retail mortgage loan income in P&L report
  • BRF – Cash reserve calculation, interest income and expense report, interest receivable & payable report for non-residents, net fees and commission report
  • Bulk closure of GL accounts under closed branch based on last transaction date of the accounts
  • Assist in allocating GL numbers for Balance Sheet and P&L mapping
  • Finance ad-hoc tasks
  • Support BAU tasks
  • Support Business and Operations for core banking-related queries and requests
  • Analyze, develop, and test change requests raised by Business, Operations, and Finance departments
  • Analyze, test, and deploy fixes from the vendor
  • Create a job alert for this search

    Immediate Specialist • India

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