Banking Specialist at Tech Mahindra

Job Description:

Latest job information from Tech Mahindra for the position of Banking Specialist. If the Banking Specialist vacancy in Pune matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

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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

Job Info:

• Company: Tech Mahindra
• Position: Banking Specialist
• Work Location: Pune
• Country: IN

How to Submit an Application:

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