Senior Core Banking Specialist - Finastra Equation

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