Core Banking Consultant
- Tech Mahindra
- 8 - 13 years
- Pune
- 3 months ago
- Email to a friend
- Report this job
Job Description
Title: Sr. 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
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: BFSI, Investments & TradingRole Category: BFSI, Investments & Trading - OtherRole: BFSI, Investments & Trading - OtherEmployement Type: Full timeContact Details:
Company: Tech MahindraLocation(s): Pune
Keyskills: AS/400 Core Banking Finastra Equation Api Integration RPGLE Retail Banking Ibm Mq Series DB2/400 SQL400 Payment Systems
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Tech Mahindra
Tech Mahindra Limited is an Indian multinational provider of information technology (IT), networking technology solutions and Business Process Outsourcing (BPO) to the telecommunications industry. Tech Mahindra is a US$4.2 billion company with over 117,000 employees across 90 countries. It provide...
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